4 bed, 4 bath, 4,344 sqft on 0.48 acres in Granite Shoals. Granite Shoals, TX 78654. $2,495,000. Marble Falls ISD.
About This Home
This is the lake house you’ve been waiting for! Step inside to be instantly captivated by sweeping open-water views stretching across 95' feet of pristine waterfront all the way to Sunrise Beach. Perfect for full-time living or a fantastic weekend escape, this meticulously updated retreat offers an inviting open-concept design with high-end finishes throughout. The home features a gourmet kitchen built for entertaining, a large dining room, a large breakfast dining area, a spacious office with custom built-ins, large primary suite with sitting area, cedar lined closet & heated floors in the primary bathroom. A turn-key property featuring 3 bedrooms, a large bunk room, a versatile flex room, and 4.5 baths. A workout room & upstairs sitting room with private veranda overlooking the lake. A true backyard oasis with covered outdoor living area with a fully equipped outdoor kitchen & huge back yard ready to accommodate a pool if desired. Lakeside is a double boathouse with sitting area, fishing dock, hydraulic boat lifts & two hydraulic jet ski lifts providing effortless access to the lake. Additional highlights include a large lot with ample parking, 2 additional lots across the street with an extra two-car garage, storage building & garden area. Nestled in the heart of the Texas Hill Country, Lake LBJ offers constant-level, protected waters ideal for boating, fishing, paddleboarding, & jet skiing almost year-round. Just 45 minutes northwest of Austin and 90 minutes from San Antonio.
The moment you step onto the dock at 402 South Shorewood Drive in Granite Shoals, Granite Shoals, you understand why waterfront living on Lake LBJ commands loyalty. Ninety-five feet of direct water access frames this 4,344-square-foot home built in 2005, where the boundary between indoor comfort and open water dissolves entirely. The private boat dock, dual hydraulic boat lifts, and jet ski access mean your day on the water begins steps from your kitchen.
Inside, the open-concept floor plan channels that aquatic view into every room. The primary suite on the main level features a sitting area positioned to watch the water change through seasons, while heated floors in the primary bathroom add a tactile comfort most Texas homes never consider. The gourmet kitchen with granite counters and built-in gas range opens directly to multiple dining areas, making entertaining feel effortless whether you're hosting eight people or thirty.
The home holds five distinct sleeping spaces, including a full bunk room and flex room, plus a dedicated office with custom built-ins and an upstairs sitting room with its own veranda. A workout room keeps routines intact without leaving the property. Outside, the covered outdoor kitchen and expansive rear deck create an entertainment zone that extends your living space into the Texas Hill Country air. The backyard is graded for a pool if you want to blend fresh water with salt water living.
Structurally, the property is methodical. Stone and frame construction, full gutters, four-car garage, and professionally maintained landscaping including a waterfall feature require minimal intervention. The double boathouse with sitting area functions as a second structure, adding both utility and value. Across the street sit two additional lots with an extra two-car garage, storage building, and garden area, offering expansion potential or guest accommodations.
Enrolling children in Marble Falls ISD means Highland Lake Elementary, Marble Falls Middle School, and Marble Falls High School serve the neighborhood. At $620 per square foot, the property lists at $2.69 million on a 0.48-acre lot in one of the Hill Country's most stable lake communities. Lake LBJ maintains constant water levels year-round, which means consistent boating and fishing conditions, unlike seasonal lakes. The drive to Austin's tech corridor runs 45 minutes south, positioning this as either a weekend refuge or a full-time home for anyone tired of suburban sprawl. This property closes the gap between serious waterfront access and practical family living.
The numbers behind this insight
- Offered at
- $2,495,000
- Listed
- June 8, 2026
- Price changes
- 1, down 7.4% from $2,695,000
- Asking price per sq ft
- $574
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $601 per sq ft over the trailing 12 months (383 sales), as of October 22, 2026.
- Property Type
- Residential
- Year Built
- 2005
- Lot Size
- 0.48 acres
- Price / Sq Ft
- $574
- Garage
- 4 spaces
Listing information last updated August 18, 2026.
Listed by Kuper Sotheby's Int'l Realty
MLS# 7631976 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Breakfast Bar
- Built-in Features
- Ceiling-High
- Granite Counters
- Entrance Foyer
- Multiple Dining Areas
- Multiple Living Areas
- Open Floorplan
- Primary Bedroom on Main
- Walk-In Closet(s)
- Built-In Gas Range
- Dishwasher
- Disposal
- Gas Range
- Microwave
- Refrigerator
- Washer
- Dryer
- Carpet
- Tile
- Vinyl
- Heating
- Central,Fireplace(s),Heat Pump
- Cooling
- Central Air,Heat Pump
- Fireplaces
- 2
Exterior & Lot
- Balcony
- Barbecue
- Boat Dock - Private
- Boat Lift
- Boat Slip
- Gutters Full
- Outdoor Grill
- Frame
- Stone
- Landscaped
- Waterfall
- Wood
- Slab
- Covered
- Deck
- Patio
- Porch
- Rear Porch
- Roof
- Composition,Shingle
- Lot Size
- 0.48 Acres
- Attached
- Driveway
- Garage
- Storage
- Garage Spaces
- 4
- Lake Front
- Waterfront
Financial
- Original List Price
- $2,695,000
- Price per Sq Ft
- $574
Utilities
- Above Ground
- Electricity Connected
- Water Connected
- Water Source
- Public
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 402 South Shorewood DR, whoever represented it.
- ActiveListed 2026Current price: $2,495,000Original list: $2,695,000MLS 7631976
- Listed · June 8, 2026$2,695,000
- Price changed · August 18, 2026$2,495,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Price Change with current price, original ask, and market time.
- Current list
- $2,495,000
- Original list
- $2,695,000
- Price movement
- $200K reduction
- Listed / DOM
- Jun 8, 2026 · 136 days
Virtual Tour

Zoned Schools
Marble Falls ISD
Marble Falls
Marble Falls
Highland Lake
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% ($499K)
Adjustable assumption - not a lending recommendation.
$2,495,000
Luxury property intelligence
Keenan Market Position
A sourced read on Granite Shoals pricing, timing, and property scale. No automated valuation claim.
List price
$2,495,000
Price per sqft
$574/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
136 days
Original to current
$200K reduction
$2.7M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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