About this home

Distinctive and tranquil living embraces you at 516 Island Lodges Drive on Lake Buchanan. Completely renovated and expanded in 2023, this retreat offers approximately 136 feet of waterfront. Upon entry, you will find over 650 square feet of flex space with a half bath and sliding glass door leading to the lake, hot tub, and patio. Around the corner, the great room brings together living, dining, and a thoughtfully-designed kitchen with custom cabinetry, pull-out shelving, a large pantry, double ovens, microwave drawer, and induction cooktop (plumbed for gas if you prefer). Picture windows and sliding glass doors provide beautiful panoramic views of the lake and its ecosystem. Two primary suites are in the main house: one with an oversized spa tub and separate shower, and the other with barrier-free entry shower. Both suites offer walk-in closets with built-in shelving. A utility room with built-in shelving and storage is conveniently located between the suites. Just steps from the main house, a detached, multi-use one-bedroom casita offers its own living area with picture windows, kitchenette, and full bath perfect for rental income generation, work space, or family and guests. The boat dock with electric lift, fish-cleaning station, and adjustable cable system allows you to take advantage of the deeper water located at the end of the peninsula. Upgrades include a whole-home generator with a buried 500-gallon propane tank, new HVAC, new septic system, reverse-osmosis water filtration, water softening systems, adjustable lighting, and a revamped drainage system. Island Lodges is a peninsula community made up of full- and part-time residents, many of whom have lived and/or vacationed here for multiple generations. In a world that has become both too hectic and rapidly-changing, 516 Island Lodges Drive offers a sanctuary of serenity and the opportunity to enjoy lake life with family and friends. Join us as soon as you can!

Property details

Property type

Residential · SingleFamilyResidence

Status

Active

Year built

1980

Full baths

3

Half baths

1

Lot size

0.2905

Subdivision

Island Lodges

MLS area

LL

MLS #

247575668

Features

Additional details

Parking

Concrete, Detached, Garage, Garage Door Opener

Garage spaces

1

Roof

Metal

Foundation

Slab

HOA

$200 / annually

Annual tax

$6,468

Schools

Assigned schools per the MLS.

School district

BurnetCONSISD

Elementary

Burnet

Middle

Burnet (Burnet ISD)

High

Burnet

Comparable homes near 516 Island Lodges DR

Similar homes currently for sale nearby, ranked by distance.

$649,000

214 Island Lodges DR, Buchanan Dam

3 bd / 2 ba · 0.2 mi away

$849,000

446 El Coronado Ave, Buchanan Dam

3 bd / 2.5 ba · 1.1 mi away

$749,000

120 La Plata CT, Buchanan Dam

3 bd / 2.5 ba · 1.2 mi away

$649,900

114 Agarita DR, Burnet

3 bd / 2 ba · 2.4 mi away

$895,000

106 Chuckwagon, Burnet

3 bd / 3 ba · 2.5 mi away

Getting around

Downtown Austin

52.6 mi

Austin-Bergstrom Airport

59.2 mi

Straight-line distance, not drive time.

Market insights

Compared with 23 active homes in ZIP 78609 · HomeLocating listings

At $920,000, this home is priced 53% above the $599,900 median across 23 active homes in ZIP 78609.

See this home in person