1231 Lake Shore DR, Spicewood TX 78669
MLS #242344307 · All City Real Estate Ltd. Co · Tracy Torres
About this home
The LAKE IS UP & THE PRICE HAS DROPPED! CUSTOM waterfront residence, high-end weekender, or an INCOME GENERATING short term rental! Perched up high with views for miles, and easily out of the 100-year flood plain. Built by Bentley Custom Homes for the business owner/builder. Custom-built boat dock with storage, boat lift & Jet Ski ramps convey with accepted offer! The open living/dining area features walls of windows to highlight the views & flows out to the expansive covered deck through sliding doors. A 2nd living space/game room features 2 additional covered decks for ample outdoor living & entertaining. The master suite features a vaulted ceiling, built in desk & cabinetry, oversized spa-like bath, and huge closet with built ins. Enjoy fairway views of the Loraloma Golf Course on the bluff across the water from the master suite balcony. This location is one of the BEST areas of Lake Travis for water sports. No docks across the way, an extended gangway & topography that reaches out furthest toward the center of the channel are huge benefits. Buyers have the 1st right of refusal for a 1-AC vacant lot adjacent, & a 2 AC parcel facing the garage. FROR for the boat & jet ski too! 1.8% tax rate, voluntary $75/annual HOA, Lake Travis ISD, & the ability to expand your compound, put in a pool, or build to suit. Call/text to see - a bit of notice may be needed if home is occupied.
Property details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 2007
- Full baths
- 3
- Half baths
- 1
- Lot size
- 38,929.57
- Subdivision
- Laguna Vista
- MLS area
- LS
- MLS #
- 242344307
Features
Interior features
- 2 Primary Baths
- 2 Primary Suites
- Ceiling Fan(s)
- High Ceilings
- Granite Counters
- Stone Counters
- Double Vanity
- Entrance Foyer
- Interior Steps
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Storage
- Walk-In Closet(s)
Exterior features
- Balcony
- Boat Dock - Private
- Boat Lift
- Boat Ramp
- Boat Slip
- Exterior Steps
- Lighting
- Private Entrance
- Private Yard
Additional details
- Parking
- Additional Parking, Attached, Door-Multi, Garage, Garage Door Opener
- Garage spaces
- 2
- Roof
- Shingle
- Foundation
- Slab
- HOA
- $75 / annually
- Annual tax
- $12,244
Location
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Schools
Assigned schools per the MLS.
- School district
- Lake Travis ISD
- Elementary
- West Cypress Hills
- Middle
- Lake Travis
- High
- Lake Travis
Comparable homes near 1231 Lake Shore DR
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Getting around
- Downtown Austin
- 23.4 mi
- Austin-Bergstrom Airport
- 29.8 mi
Straight-line distance, not drive time.
Market insights
Compared with 396 active homes in ZIP 78669 · HomeLocating listings
At $1,895,000, this home is priced 111% above the $896,950 median across 396 active homes in ZIP 78669.
Estimated monthly payment
Home price
$1,895,000
Down payment
20% ($379,000)
Loan details
30-yr fixed, 6.50%
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Listing courtesy of All City Real Estate Ltd. Co · Tracy Torres
Listing data last updated Oct 2, 2026, 11:46 PM
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