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$18,600,000
93 Days Online

2400 Cherry Lane
Kingsland, TX 78639

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
10
SqFt
$1,860,000
/SqFt

Built
Subdivision:
Fred Wood
County:
Llano

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

2400 Cherry Lane2400 Cherry Lane2400 Cherry Lane2400 Cherry Lane
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Incredible investment opportunity on the constant level Lake LBJ in the Austin Hill Country. NOTE: 50% OWNERSHIP OPTION $9.3M or 100% Ownership Option for $18.6M, both below current market value. Turn Key Operation- management of rentals/reservations/ marketing A conservative rental analysis is available upon request. This amazing opportunity is perfect as a high demand EVENT VENUE for weddings, wedding receptions, corporate retreats, family reunions, family & friend’s getaway as well as an income producing vacation rental opportunity. This gated 4+ acres consists of 10 newly constructed modern farmhouse single family homes ranging from 2932 to 3429 SqFt with 4 & 5 bedrooms, 3.5 bathrooms, professionally 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 including 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 tv, 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 ski’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. There is also a convenient onsite parking lot for visitors parking as well as extra parking. The Cove at LBJ is also minutes from worldclass golfing. Enjoy wine tasting in the Hill Country, shopping, casual or fine dining or all-day enjoyment on the lake & in your private home. Call for your private tour & for analytics.

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Listing Snapshot
Price 
$18,600,000
Days Online 
93 Days
Bedrooms 
N/A
Inside Area (SqFt) 
10 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
4.31 Acres
Year Built 
N/A
MLS® Number 
9335569
Status 
Active
Property Tax 
$13,071
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
3 months agoListing first seen online
General Features
Construction 
See Remarks
Parking 
See Remarks
Parking Spaces 
30
Acreage 
4.31
Utilities 
Electricity AvailableElectricity ConnectedWater AvailableWater Connected
Listing Conditions 
Standard
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Exterior Features
Waterfront Property 
No
Other Structures 
See Remarks
Community Features
MLS Area 
LL
Listing courtesy of Keller Williams - Lake Travis (512) 584-6264


All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings courtesy of ACTRIS as distributed by MLS GRID. 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 last update - 2024-05-03 06:25 PM CDT

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Neighborhood & Commute
Source: Walkscore
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