2400 Cherry Lane, Kingsland, TX

$18,600,000

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4.31

Acres

About 2400 Cherry Lane

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.

Features of 2400 Cherry Lane

MLS® # 167469
Price $18,600,000
Bathrooms 0.00
Acres 4.31
Year Built 2022
Type Commercial Sale
Sub-Type Commercial
Status Active

Community Information

Address 2400 Cherry Lane
Area Kingsland Area
City Kingsland
County Llano
State TX
Zip Code 78639

Amenities

Has Pool No

Interior

Heating Central
Cooling Central Air
Fireplace No
Has Basement No

Exterior

Construction Other

Waterfront Information

Is Waterfront Yes
Waterfront Type Lake
Waterfront Lake LBJ

Additional Information

Date Listed February 18th, 2024
Foreclosure No
Short Sale No

Listing Details

AgentLesli Akers
OfficeKeller Williams - Lake Travis

Listing Map

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