Incredible opportunity to purchase and own a blue chip property in Lake LBJ's most desired community. This legacy property has been with the same owners for the past 26 years and offers some of the finest waterfront money can buy. Prime, cove-protected peninsula with approx 160 feet of water and approx 1 acre of land. 3 bed, 2 bath with bonus living room with approx 2449 sq ft, originally built in 1970 but remodeled on several occasions throughout the years. Great layout with vaulted ceilings and lots of windows to look out onto the lake. Flat, level yard with lush grass and gorgeous old growth trees including live oak and sycamore. Great outdoor living with wood deck and covered, stone patio. Two-stall boat dock with electric lifts has metal piers into the water. This great cove offers a good mix of shallow and deep water and provides great protection for swimming, paddle boarding and docking the boat. Two-car detached garage is a rare find and can be used for parking, storage or converted into a super cool bunk house for additional guests. This property offers endless possibilities with a great home to use for many generations to come or tear down and build your dream home on this prime, waterfront lot. Opportunities like this are few and far between in this highly sought neighborhood which is the closest part of Lake LBJ to Austin and San Antonio. This is prime real estate you don't want to pass up!