Lesli Akers
This listing was posted on Keller Williams Realty (via TourFactory).
$18,600,000
Incredible Investment Opportunity
Price:
$18,600,000
BR/BA:
5 BR, 3.5 BA
Location:
The Cove at LBJ 2407 Cherry Lane, Kingslan...
Description:
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. Turnkey 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 & friends 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 skis & 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.
Property Type:
Single-Family Houses
Sq feet:
3,429 sq. ft.
Year:
2022
Amenities:
Basketball, Gated, Pool, TV, Wood Floors
For sale by:
Agent/Broker
Agent Name:
Lesli Akers
MLS Number:
9335569
Posted:
February 21 on TourFactory
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More About this Listing: Incredible Investment Opportunity
Incredible Investment Opportunity is a Five Bedroom 3.5 Bathroom Single-Family Homes for Sale at The Cove At Lbj 2407 Cherry Lane in Kingsland TX. Find other listings like Incredible Investment Opportunity and listings near The Cove At Lbj 2407 Cherry Lane by searching Oodle Classifieds for Five Bedroom 3.5 Bathroom Single-Family Homes for Sale in Kingsland TX.
Incredible Investment Opportunity is a Five Bedroom 3.5 Bathroom Single-Family Homes for Sale at The Cove At Lbj 2407 Cherry Lane in Kingsland TX. Find other listings like Incredible Investment Opportunity and listings near The Cove At Lbj 2407 Cherry Lane by searching Oodle Classifieds for Five Bedroom 3.5 Bathroom Single-Family Homes for Sale in Kingsland TX.