7 bed, 9 bath, 8,414 sqft on 53.62 acres in Blanco. Blanco, TX 78606. $4,814,000. Blanco ISD.
About This Home
For those looking to create a boutique hospitality property, retreat destination, wedding venue, or private multi-generational compound, Mystic Sky Ranch offers the land, layout, and infrastructure to support it. The property spans 53.62 acres and is available as a full offering or in separate configurations.
26-acre compound with over 10,000 SF across multiple structures $3,750,000
Additional 28-acre tract $1,064,000
53.62-acre compound (full offering) $4,814,000
Located in the Dripping Springs area, the property is organized as a collection of purpose-built structures designed to function as a compound rather than a single residence. Across more than 10,000 square feet, the improvements include a main residence by David Webber of Webber + Studio, four detached guest casitas, a dining hall with commercial kitchen, an event barn, and a pool pavilion with kitchen and bath.
Each structure serves a distinct role, allowing the property to operate in multiple ways. It can function as a private residence with guest accommodations or as a short-term rental, bed and breakfast, wellness retreat, or event venue. The infrastructure to support both private use and business operations is already in place.
The layout separates living, hosting, and guest spaces across the land. The main residence anchors daily living, while the casitas provide privacy for guests. The dining hall and event barn support larger gatherings with a commercial-grade kitchen and spaces designed for scale.
The 53.62-acre setting features rolling Hill Country terrain, heritage oaks, open pasture, and a 150-year-old live oak. Located within reach of Austin, the property offers accessibility without sacrificing space or flexibility.
The full 53.62-acre Mystic Sky Ranch at 5818 Ranch Road 165 in Blanco represents a rare convergence of architectural intention and land-use flexibility, priced at $5.50 million or $653 per square foot across 8,414 square feet of built structures. This is not a traditional residence but a deliberately orchestrated compound designed by David Webber of Webber + Studio, structured to serve multiple functions simultaneously: private family retreat, multi-generational hub, boutique hospitality operation, or curated event destination.
The material language throughout the property speaks to purposeful restraint. Stone and stucco construction across the main residence and four detached guest casitas creates visual cohesion while allowing each structure to maintain distinct identity. Interiors rely on honest materials - concrete, tile, and wood flooring paired with exposed beamed ceilings and vaulted spaces that enhance the Hill Country vernacular without mimicking it. Built-in gas ranges, commercial-grade ovens, and walk-in closets serve both daily living and operational requirements without decoration.
The 53.62 acres organize themselves into functional zones rather than ornamental landscaping. The main residence anchors the property, while four guest casitas provide privacy and independence. A dedicated dining hall with commercial kitchen, event barn, and pool pavilion with integrated kitchen and bath sit deliberately distributed across the property. This separation allows the compound to scale from intimate family use to hosting groups of 100 without requiring guests to navigate through private living quarters. The uncovered courtyard, covered patios, outdoor gas grills, and private pool create distinct outdoor rooms for different occasions.
The land itself carries design weight. Heritage oaks punctuate rolling pasture, and a 150-year-old live oak serves as a generational anchor. The property sits within reach of Austin technology corridors - under 45 minutes to central Austin - while maintaining genuine Hill Country separation. Within Blanco ISD, the compound sits in an area that respects land ownership and privacy.
Buyers for 5818 Ranch Road 165 typically recognize that land, architecture, and infrastructure already aligned for multiple income or use models represent a foundation most cannot recreate. Whether maintained as a private estate or operated as a retreat property, the architectural clarity and functional separation eliminate the constraints that limit most Hill Country properties to single-purpose use.
The numbers behind this insight
- Offered at
- $4,814,000
- Listed
- April 23, 2026
- Price changes
- 3, down 12.4% from $5,495,000
- Asking price per sq ft
- $572
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $736 per sq ft over the trailing 12 months (186 sales), as of October 22, 2026.
- Property Type
- Residential
- Year Built
- 2001
- Lot Size
- 53.62 acres
- Price / Sq Ft
- $572
- Pool
- Yes
Listing information last updated September 16, 2026.
Listed by Kuper Sotheby's Int'l Realty
MLS# 4163772 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Built-in Features
- Ceiling Fan(s)
- Beamed Ceilings
- Ceiling-Vaulted
- Walk-In Closet(s)
- Built-In Gas Oven
- Built-In Range
- Built-In Refrigerator
- Dishwasher
- Oven
- Washer
- Dryer
- Concrete
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Uncovered Courtyard
- Garden
- Gas Grill
- Outdoor Grill
- Private Entrance
- Private Yard
- Stone
- Stucco
- Private
- Many Trees
- Views
- Slab
- Covered
- Patio
- Roof
- Tile
- Lot Size
- 53.62 Acres
- Detached Carport
- Driveway
- Paved
- Pool
- Yes
- Creek
- Dry
- Seasonal
Financial
- Original List Price
- $5,495,000
- Price per Sq Ft
- $572
Utilities
- Electricity Connected
- High Speed Internet
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source
- Well
- Sewer
- Septic Tank
Transaction History
2 records on file
Every recorded listing, sale, and lease at 5818 Ranch Road 165, whoever represented it.
- ActiveListed 2026Current price: $4,814,000Original list: $5,495,000MLS 4163772
- Listed · April 23, 2026$5,495,000
- Price changed · June 3, 2026$5,267,000
- Price changed · August 6, 2026$5,059,000
- Price changed · September 16, 2026$4,814,000
- ActiveListed 2026Current price: $1,064,000Original list: $1,120,000MLS 3929605
- Listed · April 23, 2026$1,120,000
- Price changed · June 3, 2026$1,092,000
- Price changed · August 6, 2026$1,064,000
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
- $4,814,000
- Original list
- $5,495,000
- Price movement
- $681K reduction
- Listed / DOM
- Apr 23, 2026 · 182 days
Virtual Tour

Zoned Schools
Blanco ISD
Blanco
Blanco
Blanco
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% ($963K)
Adjustable assumption - not a lending recommendation.
$4,814,000
Luxury property intelligence
Keenan Market Position
A sourced read on Blanco pricing, timing, and property scale. No automated valuation claim.
List price
$4,814,000
Price per sqft
$572/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
182 days
Original to current
$681K reduction
$5.5M 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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