The owner is motivated to sell. Price decrease reflects feedback of there not being a pool. We have the plans for a pool if you are interested. A private boat dock is not allowed on the property, but the purchase will include a slip at Northshore Marina. Beautiful, custom home overlooking one of the most full and large areas of Lake Travis. Panoramic views all throughout the home. Located in the incredible neighborhood of the Peninsula in the Hollows and behind a second security gate with other elite waterfront properties. This particular lot sits on the large body of the Lake that never goes dry, even in times of drought! You can comfortably walk down to the water with beach front type access by a gradual slope. The backyard has not been completed, but there are full plans for a pool and back patio that come with the sale if desired, or let your imagination run wild and create the lakefront backyard of your dreams!