2400 Cherry Lane, Kingsland, TX

$18,600,000

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4.31

Acres

About 2400 Cherry Lane

Incredible investment opportunity on the constant level Lake LBJ in the Austin Hill Country. NOTE: 50% OWNERSHIP OPTION $9.3M or 100% Ownership Option for $18.6M, both below current market value. Turn Key Operation- management of rentals/reservations/ marketing A conservative rental analysis is available upon request. This amazing opportunity is perfect as a high demand EVENT VENUE for weddings, wedding receptions, corporate retreats, family reunions, family & friend’s getaway as well as an income producing vacation rental opportunity. This gated 4+ acres consists of 10 newly constructed modern farmhouse single family homes ranging from 2932 to 3429 SqFt with 4 & 5 bedrooms, 3.5 bathrooms, professionally designed & furnished (4 of the 10 furnished & the remaining 6 can be) & sleep 12-15 people per residence. The houses each boast the finest in materials including hardwood floors, quartz counter tops in the large kitchens & bathrooms, custom finishes, King size beds in bedrooms & one bedroom as an over-the-top bunk room, laundry rooms upstairs as well as downstairs a private splash pool in each fenced private yard. The community features a regulation pickle ball court, also with use as a basketball court, a covered pavilion with grills, flat screen tv, dining areas, lounging areas as well as uncovered lounge areas, all under the towering oak shade trees & overlooking the lake. The highlights of course are the 8 boat slips & a slip for jet ski’s & easy access for kayaking & stand-up paddleboards. Tucked in a cove right off open water makes this a highly desirable & user-friendly watersports haven. There is also a convenient onsite parking lot for visitors parking as well as extra parking. The Cove at LBJ is also minutes from worldclass golfing. Enjoy wine tasting in the Hill Country, shopping, casual or fine dining or all-day enjoyment on the lake & in your private home. Call for your private tour & for analytics.

Other for sale in Kingsland, TX at 2400 Cherry Lane. This other is priced at $18,600,000.00

Features of 2400 Cherry Lane

MLS® # 9335569
Price $18,600,000
Bathrooms 0.00
Acres 4.31
Type Commercial Sale
Sub-Type Other
Status Active

Community Information

Address 2400 Cherry Lane
Area LL
Subdivision Fred Wood
City Kingsland
County Llano
State TX
Zip Code 78639

Amenities

Utilities Electricity Available, Electricity Connected, Water Available, Water Connected
Parking See Remarks
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Construction See Remarks

Additional Information

Date Listed January 31st, 2024
Days on Market 88
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams - Lake Travis
Contact Details(512) 584-6264

Listing Map

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