1240 Elder Hill Road, Driftwood, TX 78619

$5,550,000
11
BD
25
BA
23,901
SqFt
List Price
$5,550,000
Status
ACTIVE
MLS#
7526034
Price Change
▼ $1,450,000 1616726114
Days on Market
29
Bedrooms
11
Bathrooms
25
Living Area
23,901
Area
Dripping Springs/Wimberley, Kyle/Buda/San Marcos

Property Description

This incredibly private and rare opportunity in Driftwood, TX is just 30 minutes from Downtown Austin. The 25-acre estate is fully fenced and unrestricted with hundreds of beautiful Live Oaks, a five-horse barn, a 260’ X 140’ professional grade arena and two mega homes plus a small guest house. This is the best opportunity in the market today to get into a show place quick and bypass the build time. The finished back home boasts over 9,800 square feet with 7,600 square feet of living space including 5 bedrooms and 6 bathrooms with two heated & cooled garages. This home features engineered hardwood floors, a beautiful modern kitchen with waterfall island, quartz countertops and a master bath that will take your breath away. The second front home is over 14,000 square feet with 5 bedrooms, 7 bathrooms, a private1 bedroom / 1 bathroom apartment for maid or guests. This is a nearly finished builders dream that is awaiting your choice of interior finishes and could be completed in 6 - 12 months. The third free standing small building is a guest house with its own full bathroom. This is a one-of-a-kind chance in the current market. Live in the finished home while you finish building out the other house as your dream home, family compound, restaurant, distillery, or whatever you wish on the nearly unrestricted land. Both houses have basement wine rooms, roughed in elevator shafts, private well water supply, Anderson Windows, brand new septic systems, and countless other upgrades, underground utilities, and private water well. The seller has installed a new 4,500’ chip seal paved driveway. Don’t miss this rare opportunity in the hot Driftwood market, located just 20 minutes from Austin. Shown by appointment only, with notice.

Additional Information

Tax Year
2020
Year Built
2015
Garage Spaces
7
Exterior Features
Balcony
Interior Features
Cathedral Ceiling(s), Elevator, High Ceilings, MainLevelMaster, Open Floorplan, See Remarks, Vaulted Ceiling(s)
Appliances
Gas Cooktop, Gas Oven
Construction
Masonry, Radiant Barrier, Stone, Spray Foam Insulation, Stucco
Num Fireplaces
2
Region
Dripping Springs/Wimberley, Kyle/Buda/San Marcos
View
Hill Country
School District
Hays ISD
Elementary School
Carpenter Hill
High School
Johnson High School
Middle School
Eric Dahlstrom
Sewer
Aerobic Septic, Septic Tank
Street Name
Elder Hill Road
Street Number
1240
Neighborhood
Thomas R Jackson Surv Abs #9
Acres
25
County
Hays
Heating
Central
Lot Description
Agricultural, TreesLargeSize, TreesMediumSize

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty.

Brought to you by the Austin Board of REALTORS® All visitors are subject to ABoR Terms and Conditions of Use.