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Spicewood · Paleface Ranch Sec 03

$1,250,000 36 days on market

23617 Indian Divide Cv, Spicewood, TX 78669

  • 5bedrooms
  • 4.5bathrooms
  • 3,965sqft
  • 2.6acres
  • 2006year built

About this home

Experience luxury Hill Country living at an exceptional value in this private 2.5-acre waterfront estate. Exceptional waterfront opportunity on the Pedernales River! This stunning Mediterranean estate offers luxury, privacy, and incredible value in one of the area’s most sought-after communities. Featuring 5 bedrooms, a wine cellar, resort-style pool, and two primary suites, the home is designed for both everyday comfort and elevated entertaining. A newly constructed private boat dock provides direct river access, perfect for relaxing, kayaking, or enjoying the natural beauty of the Hill Country. Situated at the end of a quiet cul-de-sac, a private drive leads to this secluded retreat set on 2.5 acres of beautifully landscaped grounds. Enjoy poolside gatherings, then take a short walk down to the water for peaceful sunset views. The expansive acreage offers a rare sense of space and exclusivity while still being conveniently located near Lake Travis amenities. Located minutes from the future Highland Lakes High School, this property blends a serene, ranch-style setting with access to top-tier schools. Priced to reflect an outstanding opportunity, this home delivers exceptional value for waterfront living with acreage, privacy, and premium features—making it as smart an investment as it is a beautiful place to call home.

Property

Type
Single Family Residence
Levels
Three Or More
Year built
2006
Lot size
2.55 acres
Subdivision
Paleface Ranch Sec 03
MLS #
ACT6167527

Inside

Bedrooms
5
Bathrooms
4.5
Living area
3,965 sqft
Fireplaces
2

Outside / parking

Garage spaces
3
Pool
Yes — private
Waterfront
Yes

Schools

Elementary
West Cypress Hills
High school
Lake Travis
District
Lake Travis ISD

Costs

HOA
$600 / annually
Est. annual taxes
$40,259 (2023)

Listing

First listed
Apr 2, 2026
Days listed
36
Status
Active

Listed by Lindsey Hayes, Best of Texas Real Estate · [email protected] · MLS# ACT6167527 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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