Market insights

Compared with 213 active homes in ZIP 78654 · HomeLocating listings

Property details

Property type

Residential

Status

Active

Year built

1970

Full baths

2

Half baths

1

Lot size

0.6

Subdivision

Shady Acres

MLS area

BU

MLS #

242518249

Features

Additional details

Parking

Detached, Driveway, Garage, Garage Door Opener, Garage Faces Front, Kitchen Level, Paved, Private

Garage spaces

2

Foundation

Slab

HOA

$200 / annually

Annual tax

$363,198

Schools

Assigned schools per the MLS.

School district

Marble Falls ISD

Elementary

Marble Falls

Middle

Marble Falls

High

Marble Falls

About this home

Where lake life meets quiet opulence, Oleander is not just a home.... It's a private waterfront estate that rewrites the standard for Shady Acres. Set on an extraordinary 205 feet of channel frontage, this single-story retreat stretches out with intention and confidence. Inside, an expansive living room opens to walls of windows that frame the water like living art. It's the kind of space that doesn't just host people.... it gathers them. The kitchen is built for serious culinary firepower: a chef's propane range, dual dishwashers, and the kind of flow that keeps everything seamless when entertaining. Tucked behind it, a fully equipped baker's kitchen adds a second layer of function with additional appliances, storage, and prep space. The primary suite is its own sanctuary. Fireplace lit, doors open to the pool, and a bathroom that leans into luxury with a clawfoot tub, walk-in shower, dual vanities, and seated make-up area. Even the closet complete with washer and dryer hook-ups that keep life effortlessly contained. Step outside and the tone shifts from refined to resort. An oversized 12-foot-deep pool with a waterfall becomes the centerpiece, framed by swaying palms and a rare sandy lounge area. Two firepits anchor the massive patio, from there, the property flows down to the water and is designed to be experienced, not just admired. The pool house delivers the lifestyle with its own bedroom, living space, kitchenette, and full bath. A detached two-car garage with three additional storage rooms handles everything behind the scenes. At the shoreline, a covered hydraulic boat slip with a fully automated enclosure and 2 jet ski lifts makes getting on the water effortlessly. Every inch of this 4183 sq ft estate has been curated with intention-from the fountain-lined front approach to the lush, high-end landscaping that wraps the entire property in color and texture. This isn't a "nice home" in the neighborhood. This is the one everything else is compared to.

Location

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