Sold FULLY FURNISHED if desired! Extraordinary waterfront retreat on Lake Buchanan featuring panoramic open-water views, massive elevated entertaining decks, mature shade trees, private boat dock, and a proven Airbnb rental history with nearly 40 five-star reviews. This turnkey lakefront property blends rustic Hill Country charm with exceptional indoor-outdoor living, creating an unforgettable destination for both owners and guests. The split-level main house features 2 bedrooms, 2 en-suite baths, a loft space, over-sized kitchen with gas cooktop, island, and granite countertops, a dining area with 180-degree lake views and a stone fireplace. The living space opens onto the large deck ideal for indoor/outdoor entertaining. The guesthouse across the street sits above an oversized 3 car garage that is currently being used as a game room for the short-term rental. The guesthouse has its own private entrance and includes a large living space with hill-top lake views, 1 bedroom, 1 bath, and kitchen. The guesthouse has proven long-term rental history but may also be used as additional living space for the short-term rental. The home sits on 1.24 acres with approximately 285 feet of direct water access to a deep-water cove. Water remained in the cove even in the most recent low lake levels in Summer of 2023. The floating dock and rolling stairs allow for fluctuating water levels. Next to the home is a unique dome with around 800 square feet of storage space, with endless opportunities for additional one-of-a-kind living space! There is also an additional undeveloped portion of the property that offers added privacy and potential to place an RV or two, with lake views. This property is a rare find on Lake Buchanan! Virtual tour link available on MLS.
Features of 1225 Waterway Ln
MLS® #
7528792
Price
$1,399,900
Bedrooms
3
Bathrooms
3.00
Full Baths
3
Square Footage
3,207
Acres
1.24
Year Built
1985
Type
Residential
Sub-Type
Single Family Residence
Status
Active
Has Pool
No
Water Feature/View
View
Hills,Lake,Panoramic,Lake Buchanan
Is Waterfront
Yes
Water Body
Lake Buchanan
Community Information: Burnet
Address
1225 Waterway Ln
Area
BU
Subdivision
Swiss Village
City
Burnet
County
Burnet
State
TX
Zip Code
78611
Amenities of 1225 Waterway Ln
Utilities
Electricity Connected, Propane
Features
None
Parking
Detached
# of Garages
2
Interior of 1225 Waterway Ln
Interior
Tile, Wood
Appliances
Double Oven, Dishwasher, Electric Cooktop, Disposal, Gas Range, Microwave, Refrigerator, Trash Compactor
Heating
Propane
Fireplace
No
# of Fireplaces
1
Fireplaces
Living Room
Stories
Multi/Split
Exterior of 1225 Waterway Ln
Exterior Features
Balcony, Rain Gutters, Boat Lift, Dock
Lot Description
Sloped Down, Views, Bluff
Roof
Metal
Construction
Stone, Wood Siding, Adobe
Foundation
Pillar/Post/Pier, Slab
School Information
District
BurnetCONSISD
Elementary
RJ Richey
Middle
Burnet (Burnet ISD)
High
Burnet
Additional Information On 1225 Waterway Ln
Days on Market
115
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
HOA Fees
400
HOA Fees Freq.
Annually
Gated Community
No
Property History
Price Reduced from $1,499,900 to $1,399,900
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. Listing Data Provided By: Listing Results, LLC(817) 283-5134. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 21st, 2026 at 9:31am CDT. 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.
