$6,500,000
For Sale

18617 E State Highway 29

Buchanan Dam, TX 78609
Browse 32 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Introducing The Lighthouse on Lake Buchanan — a rare waterfront property encompassing 23 acres with over 3,600 feet of open-water frontage on the southern end of Lake Buchanan, the largest lake in the Highland Lakes chain. Anchored by its iconic red-and-white lighthouse, the property offers expansive panoramic views of both the lake and the Texas Hill Country.<br />The slightly rolling terrain, highlighted by mature Live Oaks and native wildflowers, slopes to a shoreline protected by an engineered concrete bulkhead. Along Highway 29, more than 2,000 feet of brick and metal fencing with four gated entrances provide both security and a distinguished presence.<br />Improvements include 12 bungalows with stone exteriors and metal roofs, as well as a central clubhouse with two bedrooms, a full kitchen, and a covered patio overlooking the pool and lake. Additional structures include a pool house, two conference buildings, a fixed pier with dock, four concrete boat ramps, multiple water entry points, a designated cove for kayaking, and a sandy beach. Supporting features consist of a commercial-grade laundry facility and several storage buildings. Municipal water and electric utilities are in place.<br />Unrestricted and adjacent to LCRA’s dam operations, The Lighthouse on Lake Buchanan offers ultimate seclusion yet convenient access from Austin and the Texas Hill Country — a true hidden gem with limitless potential. With its size, location, and extensive improvements, the property is well suited for a range of uses including a corporate retreat, family compound, luxury campground, RV resort (feasibility plans available), event venue, marina, winery, or long-term investment.<br />23 +/- Acres: $6,500,000<br />Can be split into 2 parcels<br />Parcel 1: +/- 10 Acres, $2,900,000<br />Parcel 2: +/- 13 Acres $3,500,000<br />Opportunity Zone

  • Property Details
      • Utility FeaturesElectricity Available, Propane, Phone Available, Sewer Available, Water Available
      • ViewHills, Lake, Meadow, Panoramic, Trees Woods, Water
      • Sewer InformationAerobic Septic
      • SubdivisionMa Murchison
      • Original List Price$6,500,000
      • Property TypePurchase
      • Property SubtypeMixedUse
      • Taxes Annual$45,767
      • MLS #5323683
      • Cost6500000
      • MLS #5323683
      • Utility SourcePublic
      • Acres23.06
      • CountyLlano
      • Year Built2009
      • FoundationSlab
      • Days on Market (Cumulative)13

Location

Sophia Radwan | REAL BROKER, LLCReal Estate Group
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