3 bed, 3 bath, 2,525 sqft on 0.46 acres in Canyon Lake. Canyon Lake, TX 78133. $1,400,000. Comal ISD.
2551 Lakeshore Dr is the kind of property that rarely comes to market because it offers more than a home. It offers options. Set near the water with lake views and located .3 mi from Boat Ramp 22, this unique property blends everyday comfort, exceptional utility, and real income-producing flexibility. The 2,525 square foot residence is paired with two fully finished, air-conditioned 1,200 square foot shops, bringing the property to nearly 5,000 square feet of finished space. With no HOA and short-term rentals allowed, the possibilities here are unusually wide. Whether envisioned as a private residence with supplemental rental income, a live-work setup, a hobbyist's dream, a storage-based revenue opportunity, or a multigenerational retreat, this property is designed to adapt. One shop is ideal for conversion into detached living quarters, premium toy storage, or a business space suited for uses such as woodworking, paint and repair, or other hands-on ventures. The second shop is attached and already outfitted with built-ins, making it immediately functional for storage, workspace, or operational use. Both feature bathrooms, HVAC, and 220 lines for serious capability. One also contains it own washer and dryer set up. A 14-foot door and separate exterior RV parking with hookups add even more versatility for owners, guests, or rental use. Beyond its functional appeal, the lifestyle here is just as compelling. The outdoor living experience is thoughtfully elevated with a pool and spa, 450 sq ft covered living space with fireplace, an outdoor kitchen, remote shades that automatically retract in high winds, a Pioneer sound system running throughout the outdoor living areas, house, and shops, propane service and gas cooking. This is not simply a lake-area property. It is a strategic opportunity for the buyer who wants lifestyle, freedom, and the kind of flexible real estate that can serve personal enjoyment and practical return at the same time.
At 2551 Lakeshore Dr in Canyon Lake, you're looking at a 2,525 square foot residence that arrives fully realized with the kind of architectural presence that commands attention. Built in 2022, this masonry construction home sits on 0.4592 acres just 1,000 feet from Boat Ramp 22, positioned where water views and serious functionality merge into something that rarely hits the market.
The dramatic interior reveals an open floorplan with wood flooring, soaring ceilings, and a kitchen anchored by an island that serves as both workspace and gathering point. A 4-car garage and covered patio extend the living footprint, while the private pool defines the outdoor experience. Stone exterior walls and thoughtful masonry construction deliver the kind of durability and visual weight that distinguishes this property immediately.
What separates this residence from standard lake homes is the auxiliary infrastructure. Two fully finished, air-conditioned shops totaling nearly 1,200 square feet each bring the total finished space to approximately 5,000 square feet. The first shop features a 14-foot door, making it suitable for everything from RV storage to a woodworking operation or hobbyist workspace. Both shops include bathrooms, HVAC systems, and 220-volt electrical lines for serious capability. The second shop is attached to the home and pre-outfitted with built-ins, ready for immediate use. Separate exterior RV parking with hookups and a Generac generator servicing the residence and both shops add operational versatility that few properties offer.
The technical infrastructure is equally impressive. A Pioneer sound system runs throughout the outdoor living areas, home, and shops. Automated remote shades on the patio retract in high winds. Propane service supports gas cooking and heating. This level of integration transforms the property from a residence into a completely self-sufficient ecosystem.
Located in the Comal ISD, with Mountain Valley Elementary and Middle School nearby and Canyon Lake High School serving the district, this address places you in a established community with no HOA restrictions. Short-term rentals are permitted, creating legitimate income-producing flexibility without sacrificing privacy or control.
At $594 per square foot and listed at $1.50M, this property delivers acreage, utility, lifestyle infrastructure, and the kind of adaptive capability that appeals to buyers who think beyond traditional residential use. For five days on market, this is the kind of opportunity that reshapes what Canyon Lake lake living actually means.
Verified property facts
2551 Lakeshore DR is listed at $1,400,000 with 3 bedrooms, 3 full, 2 half bathrooms, 2,525 square feet, 0.46-acre lot. This places it above the ZIP 78133 single-family closed-sale median price of $1,050,000 (ZIP 78133 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 2, 2026).
2551 Lakeshore DR is zoned for Comal ISD with assigned schools: Mountain Valley (elementary), Mountain Valley Middle (middle), Canyon Lake (high). School assignments should be verified directly with the district.
2551 Lakeshore DR is a Residential built in 2022 featuring 3 bedrooms, 3 full, 2 half bathrooms, 2,525 square feet, 0.46-acre lot.
The most recent annual property tax for 2551 Lakeshore DR is $11,637. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
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Listing information last updated September 4, 2026.
Listed by Keller Williams Heritage
MLS# 1700589 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
1 record on file
Every recorded listing, sale, and lease at 2551 Lakeshore DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change with current price, original ask, and market time.

Comal ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($280K)
Adjustable assumption - not a lending recommendation.
$1,400,000
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List price
$1,400,000
Price per sqft
$554/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
162 days
Original to current
$100K reduction
$1.5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 2, 2026.
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This page does not assume a mortgage rate or publish a monthly payment for 2551 Lakeshore DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 2, 2026, 2551 Lakeshore DR is offered at $1,400,000. The current MLS snapshot shows 96 active listings in 78133. Keenan Group has completed 3 verified transactions in 78133 within its 1,000+ completed transactions and $1B+ career volume across Austin.
2551 Lakeshore DR was built in 2022, making it 4 years old with relatively recent construction.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
2 events on record
Current Price
$1,400,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Offered At |
|---|---|
| 172 Rachel Dr | $850K |
| 2159 Triple Peak Dr | $1.10M |
| 1460 O C Trout Dr | $1.00M |
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