About this home

2551 Lakeshore Dr is the kind of property that rarely comes to market because it offers more than a home. It offers options. Set near the water with lake views and located .3 mi from Boat Ramp 22, this unique property blends everyday comfort, exceptional utility, and real income-producing flexibility. The 2,525 square foot residence is paired with two fully finished, air-conditioned 1,200 square foot shops, bringing the property to nearly 5,000 square feet of finished space. With no HOA and short-term rentals allowed, the possibilities here are unusually wide. Whether envisioned as a private residence with supplemental rental income, a live-work setup, a hobbyist's dream, a storage-based revenue opportunity, or a multigenerational retreat, this property is designed to adapt. One shop is ideal for conversion into detached living quarters, premium toy storage, or a business space suited for uses such as woodworking, paint and repair, or other hands-on ventures. The second shop is attached and already outfitted with built-ins, making it immediately functional for storage, workspace, or operational use. Both feature bathrooms, HVAC, and 220 lines for serious capability. One also contains it own washer and dryer set up. A 14-foot door and separate exterior RV parking with hookups add even more versatility for owners, guests, or rental use. Beyond its functional appeal, the lifestyle here is just as compelling. The outdoor living experience is thoughtfully elevated with a pool and spa, 450 sq ft covered living space with fireplace, an outdoor kitchen, remote shades that automatically retract in high winds, a Pioneer sound system running throughout the outdoor living areas, house, and shops, propane service and gas cooking. This is not simply a lake-area property. It is a strategic opportunity for the buyer who wants lifestyle, freedom, and the kind of flexible real estate that can serve personal enjoyment and practical return at the same time.

Property details

Property type

Residential · SingleFamilyResidence

Status

Active

Year built

2022

Full baths

3

Half baths

2

Lot size

0.4592

Subdivision

Canyon Lake Shores 1

MLS area

CM

MLS #

241526591

Features

Additional details

Parking

Attached, Garage, Golf Cart Garage, Oversized, Private

Garage spaces

4

Roof

Metal

Foundation

Slab

Annual tax

$11,637

Schools

Assigned schools per the MLS.

School district

Comal ISD

Elementary

Mountain Valley

Middle

Mountain Valley Middle

High

Canyon Lake

Comparable homes near 2551 Lakeshore DR

Similar homes currently for sale nearby, ranked by distance.

$1,350,000

228 Puzzle PASS, Spring Branch

3 bd / 2.5 ba · 1.3 mi away

$1,699,500

1000 BAMC DR, Canyon Lake

3 bd / 2.5 ba · 1.9 mi away

$1,150,000

829 Kings Point DR, Canyon Lake

6 bd / 6 ba · 2 mi away

$1,400,000

1870 Stagecoach DR, Canyon Lake

4 bd / 3.5 ba · 2.3 mi away

$1,199,999

628 Country LN, Canyon Lake

5 bd / 3.5 ba · 2.4 mi away

Getting around

Downtown Austin

40.8 mi

Austin-Bergstrom Airport

42 mi

Straight-line distance, not drive time.

Market insights

Compared with 151 active homes in ZIP 78133 · HomeLocating listings

At $1,400,000, this home is priced 164% above the $530,000 median across 151 active homes in ZIP 78133.

See this home in person