2400 Cherry Lane, Kingsland

$18,600,000

0 Beds
0.0 Baths
0 Sqft
4.31 Acres
0 Garages

Incredible investment opportunity on the constant level Lake LBJ in the Austin Hill Country. There is a 50% Ownership Option for $9.3M or 100% Ownership Option for $18.6M, both below current market value. This amazing opp is perfect as a high demand EVENT VENUE for weddings, wedding receptions, corp retreats, family reunions, family & friend’s getaway as well as an income producing vac rental opportunity. This gated 4.3+/- acres consists of 10 newly constructed modern farmhouse single family homes ranging from 2932 to 3429 sqft with 4 & 5 bedrooms, prof 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 incl 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 t.v., 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 skii’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. The Cove at LBJ is also minutes from worldclass golfing.

Property Details

2400 Cherry Lane is a commercial property which offers built in 2022, and is 4 acres in size. Priced at $18,600,000, this property is ready for your enjoyment. Contact us if you would like to preview 2400 Cherry Lane, Kingsland, TX.

Essential Information
MLS® #167469
Price$18,600,000
Bathrooms0.0
Acres4.31
Year Built2022
TypeCommercial Sale
Sub-TypeCommercial
StatusActive
Short Term Rental AllowedN
Water Feature/View
Is WaterfrontYes
Waterfront TypeLake
Community Information
Address2400 Cherry Lane
AreaKingsland Area
CountyLlano
StateTX
Zip Code78639
Interior
HeatingCentral
CoolingCentral Air
Exterior
ConstructionOther
Additional Information
Date ListedFebruary 18th, 2024
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The information being provided by the Highland Lakes Association of REALTORS, Inc. is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

Listing Courtesy Of Keller Williams - Lake Travis.

The Listing Agent is Lesli Akers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from April 25th, 2024 at 11:34am CDT.

Listing Courtesy Of Keller Williams - Lake Travis.

Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied.

Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

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