$18,600,000
4.31± Acres
Active
Llano County, TX

2400 Cherry, Kingsland, Texas

MLS ID: 9335569
Status: Active
Price: $18,600,000
Acres: 4.31±
Type: Commercial
Address: 2400 Cherry
City, State: Kingsland, TX
County: Llano County
ZIP Code: 78639
Parcel Number: 16635

Description

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.

Directions: Use GPS

Additional Information

Interior

Building Area Total: 10

Exterior

Lot Size Source: Public Records
Lot Size Square Feet: 187,744
Other Equipment: List Available
Other Structures: See Remarks
Parking Features: See Remarks
Parking Total: 30

Financial/HOA/Schools

Additional Parcels (Yes/no): Yes
Subdivision Name: Fred Wood
Tax Annual Amount: 13071.8

Extra Information

Disclosures: MUD
Chip Bubela

Chip Bubela

Schulenburg, Texas

(979) 743-4555

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Listed By: Lesli Akers of Keller Williams - Lake Travis - (512) 584-6264