$ 1,250,000
1001 Lakeshore LOOP Tow, TX 78672
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$ 1,250,000
Est. payment | /mo
11,975 SqFt
$ 1,250,000
Est. payment | /mo
11,975 SqFt
Key Details
Property Type Commercial
Sub Type See Remarks
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 11,975 sqft
Price per Sqft $104
Subdivision Paradise Point
MLS Listing ID 2672602
Originating Board actris
Year Built 1958
Tax Year 2023
Lot Size 1.923 Acres
Acres 1.9227
Property Description
Ready to invest in your future and escape the hustle and bustle or big city living? The lakefront sunrises and sunsets at Paradise Point will enchant your senses like never before. This 1.97+/- acre waterfront property boasts over 733 feet of shoreline on Lake Buchanan with unmatched views. Live in the caretaker's home and generate income from the 2 cabins, 2 duplexes, 5-unit motel and apartment; there's even a café! Historically used as a fishing camp, the resort is quietly nestled at the end of the street and then expands to include the entire point on the lake. Water frontage ranges from tall rock ledges to a sandy beach, tree-lined to deep water. The Point provides serene panoramic views of the lake and surrounding hills. There's a lighted, covered fishing dock for you and your guests to catch their dinner and a minnow shed to house bait. The HOA is voluntary; membership allows access to the community boat launch, picnic area and swimming beach. Each unit varies on accommodations. Paradise Point Resort has operated as a family-run destination for over 50 years and has hosted multiple generations of repeating annual guests. Fishing, swimming, boating, lodging and camping are just some of the activities you'll enjoy. Local fishing guides frequent this area and tout the Point as one of the best kept secrets for reeling in crappie, bass, striper and catfish. Serve your guests breakfast at the café with the sunrise, then send them out for a day's fishing adventure with a sack lunch, then welcome them back in the evening for a nice dinner. Short-term rentals, multi-generational family compound, resort, AirBNB are all possibilities here. Whether you choose to continue running the fishing resort or develop it into your own dream property, you'll find your own little piece of paradise here!
Location
State TX
County Llano
Interior
Heating Electric, Varies by Unit
Cooling Electric, Wall/Window Unit(s)
Flooring Carpet
Fireplace No
Exterior
Utilities Available Above Ground, Electricity Connected, Propane, Water Connected
Waterfront No
View Lake, Water
Total Parking Spaces 40
Building
Foundation Pillar/Post/Pier, Slab
Sewer Septic Tank
Water Public
Structure Type Wood Siding
New Construction No
Others
Special Listing Condition Standard
Listed by Keller Williams Realty Lone St
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Andre Key
REALTOR® | Lic# 683458