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Spicewood · Laguna Vista

$1,895,000 94 days on market

Reduced from $1,925,000 · −1.6%

1231 Lake Shore Dr, Spicewood, TX 78669

  • 4bedrooms
  • 3.5bathrooms
  • 3,266sqft
  • 0.89acres
  • 2007year built

About this home

The LAKE IS UP & THE PRICE HAS DROPPED! CUSTOM waterfront residence, high-end weekender, or an INCOME GENERATING short term rental! Perched up high with views for miles, and easily out of the 100-year flood plain. Built by Bentley Custom Homes for the business owner/builder. Custom-built boat dock with storage, boat lift & Jet Ski ramps convey with accepted offer! The open living/dining area features walls of windows to highlight the views & flows out to the expansive covered deck through sliding doors. A 2nd living space/game room features 2 additional covered decks for ample outdoor living & entertaining. The master suite features a vaulted ceiling, built in desk & cabinetry, oversized spa-like bath, and huge closet with built ins. Enjoy fairway views of the Loraloma Golf Course on the bluff across the water from the master suite balcony. This location is one of the BEST areas of Lake Travis for water sports. No docks across the way, an extended gangway & topography that reaches out furthest toward the center of the channel are huge benefits. Buyers have the 1st right of refusal for a 1-AC vacant lot adjacent, & a 2 AC parcel facing the garage. FROR for the boat & jet ski too! 1.8% tax rate, voluntary $75/annual HOA, Lake Travis ISD, & the ability to expand your compound, put in a pool, or build to suit. Call/text to see – a bit of notice may be needed if home is occupied.

Property

Type
Single Family Residence
Levels
Multi/Split
Year built
2007
Lot size
0.89 acres
Subdivision
Laguna Vista
MLS #
ACT7618802

Inside

Bedrooms
4
Bathrooms
3.5
Living area
3,266 sqft
Fireplaces
1

Outside / parking

Garage spaces
2
Waterfront
Yes

Schools

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

Costs

HOA
$75 / annually
Est. annual taxes
$12,244 (2026)

Listing

First listed
Apr 23, 2026
Days listed
94
Original price
$1,925,000
Status
Active

Listed by Tracy Torres, All City Real Estate Ltd. Co · [email protected] · MLS# ACT7618802 · 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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