
7 bed, 9 bath, 8,414 sqft on 26.64 acres in Blanco. Blanco, TX 78620. $3,750,000. Blanco ISD.
For those looking to create a boutique hospitality property, retreat destination, wedding venue, or private multi-generational compound, this 26-acre offering represents the core of Mystic Sky Ranch, with infrastructure already in place.
The property is part of a 53.62-acre offering, available individually or in combination.
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
Organized as a collection of purpose-built structures, the property is designed to function as a compound rather than a single residence. 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 established.
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.
Spanning 26 acres of rolling Hill Country terrain, the land features heritage oaks, open pasture, and outdoor spaces that connect each structure while maintaining privacy.
As the central portion of Mystic Sky Ranch, this offering can stand alone or be combined with the adjacent 28-acre tract to create a 53.62-acre holding.
Located in the Dripping Springs area, the property offers access to Austin while maintaining space and flexibility rarely found at this scale.
A 26.635-acre Hill Country compound with seven bedrooms, nine baths, and a listed price of $4.59 million at $546 per square foot is the kind of property that rarely comes to market in Blanco County. At 5818 Ranch Road 165 in Blanco, TX 78606, the draw is not just the 8,414 square feet in the listing, but the way this Farm - Single Family Residence is set up for private living, guest stays, and large-format entertaining.
Seller remarks describe Mystic Sky Ranch as a multi-structure estate rather than a single house, with a main residence, four guest casitas, a dining hall with a commercial kitchen, an event barn, and a pool pavilion. That layout matters. It creates separation between daily living and hosting, which is hard to find on one property. For buyers looking at retreat use, multigenerational living, or long guest visits, the configuration at 5818 Ranch Road 165 stands out more than a typical large home on acreage.
The main residence was designed by David Webber of Webber + Studio and uses native stone, timber, and glass to connect the interiors to the surrounding Blanco County landscape. Outdoor amenities include a pool, pavilion kitchen, sauna, shaded seating areas, and walking paths across rolling terrain with heritage oaks. The property also has a wildlife exemption supported by native bees and wildflowers, which adds both land-use value and long-term appeal. The fact that it sits in a Dark Sky community is another real advantage for buyers who want privacy and open-night-sky views without heavy suburban spillover.
Location is part of the story here. Ranch Road 165 places the property within the Dripping Springs area orbit while keeping it rooted in Blanco, and seller remarks place it about 35 minutes from downtown Austin. That gives owners a workable drive to Austin while preserving the pace and land profile that define this stretch of the Hill Country. The site’s connection to the historic Peyton Colony adds another layer of place-specific character that buyers in this segment often look for.
The listing does not provide school district, school names, or school ratings, so that information should be confirmed directly. Days on market are 117, year built is 2001, and the scale of the acreage is a major part of the value equation. For the right buyer, this is the kind of Blanco property that can support a private compound lifestyle now and hold long-term relevance as Hill Country land becomes harder to replace.
Verified property facts
5818 Ranch Road 165 Unit #Tract 1 is listed at $3,750,000 with 7 bedrooms, 9 full bathrooms, 8,414 square feet, 26.64-acre lot. This places it above the ZIP 78620 single-family closed-sale median price of $867,000 (ZIP 78620 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 1, 2026).
5818 Ranch Road 165 Unit #Tract 1 is zoned for Blanco ISD with assigned schools: Blanco (elementary), Blanco (middle), Blanco (high). School assignments should be verified directly with the district.
5818 Ranch Road 165 Unit #Tract 1 is a Farm built in 2001 featuring 7 bedrooms, 9 full bathrooms, 8,414 square feet, 26.64-acre lot.
5818 Ranch Road 165 Unit #Tract 1 is listed by Kuper Sotheby's Int'l Realty. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 1, 2026.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
1 record on file
Every recorded listing, sale, and lease at 5818 Ranch Road 165 Unit #Tract 1, 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.

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. Ratings from GreatSchools.org.
20% ($750K)
Adjustable assumption - not a lending recommendation.
$3,750,000
Luxury property intelligence
A sourced read on Blanco pricing, timing, and property scale. No automated valuation claim.
List price
$3,750,000
Price per sqft
$446/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
370 days
Original to current
$1.2M reduction
$5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 1, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
5818 Ranch Road 165 Unit #Tract 1 is priced at $446 per square foot across 8,414 sqft.
The most recent annual property tax for 5818 Ranch Road 165 Unit #Tract 1 is $22,511. 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.
This page does not assume a mortgage rate or publish a monthly payment for 5818 Ranch Road 165 Unit #Tract 1. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 1, 2026, 5818 Ranch Road 165 Unit #Tract 1 is offered at $3,750,000. The current MLS snapshot shows 223 active listings in 78620. Keenan Group has completed 15 verified transactions in 78620 within its 1,000+ completed transactions and $1B+ career volume across Austin.
The MLS listing marks 5818 Ranch Road 165 Unit #Tract 1 as waterfront. The reported waterfront feature is Creek, Dry, Seasonal. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
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.
11 events on record
Current Price
$3,750,000
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 |
|---|---|
| 380 Waters Edge Cv | $2.58M |
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Blanco
Comparable homes that recently closed in this area
Active listings near 5818 Ranch Road 165 Unit #Tract 1
Recent sales for market context