Skip to main content

Spicewood · Paleface Ranch Sec 03

$1,199,000 77 days on market

23621 Indian Divide Cv, Spicewood, TX 78669

  • 4bedrooms
  • 2bathrooms
  • 3,481sqft
  • 2.2acres
  • 2003year built

About this home

Rare Pedernales River waterfront compound with direct boat access to Lake Travis. Situated on 2.24 private acres at the end of a quiet cul-de-sac, this exceptional Hill Country retreat offers the lifestyle buyers dream about—boating, wake surfing, wakeboarding, fishing, entertaining, and gathering with family and friends right from your own backyard.

The property’s private covered double-slip boat dock features a boat lift, jet ski lift, storage room, and sun deck, providing easy access to one of the most desirable stretches of the Pedernales River for recreational boating and watersports.

Designed for indoor-outdoor living, the grounds include a freeform stone pool and spa with water feature, multiple patios, outdoor fireplaces, a built-in wood-fired BBQ area, pergola-covered entertaining spaces, greenhouse, and raised garden beds. Mature oak trees and a long private drive create a peaceful setting with exceptional privacy.

The single-story residence offers authentic Texas Hill Country character with vaulted ceilings, exposed wood beams, decorative archways, a floor-to-ceiling stone fireplace, and abundant windows that capture the natural surroundings. The chef’s kitchen features granite countertops, a large center island, custom stone accents, stainless appliances, and walk-in pantry.

A detached guest house with kitchenette and full bath provides flexible accommodations for guests, extended family, or a private office. Additional amenities include a heated and cooled 3-car garage with epoxy flooring, separate workshop garage with EV charger, RV parking with full hookups, and solar panels.

Whether you’re searching for a full-time residence, waterfront getaway, or legacy property to enjoy for generations, this unique Pedernales River retreat delivers an unmatched Hill Country lifestyle.

Property

Type
Single Family Residence
Levels
One
Year built
2003
Lot size
2.24 acres
Subdivision
Paleface Ranch Sec 03
MLS #
ACT2854424

Inside

Bedrooms
4
Bathrooms
2
Living area
3,481 sqft
Fireplaces
1

Outside / parking

Garage spaces
4
Pool
Yes — private
Waterfront
Yes

Schools

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

Costs

HOA
$800 / annually
Est. annual taxes
$14,011 (2025)

Listing

First listed
May 11, 2026
Days listed
77
Status
Active

Listed by Russell Martinez, Res and Ranch LLC · [email protected] · MLS# ACT2854424 · 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

Interested in this home?

← Back to all listings

Call