Price Reduction - Water Views
Address
2551 Lakeshore Dr, Canyon Lake, TX
Price
$ 1,400,000
Property Attributes
- MLS#1700589
- TypeSingle Family
- Listing Status Active
- CountyCOMAL
- CityCanyon Lake
- AreaCM
- NeighborhoodCanyon Lake Shores 1
- Zip78133
- StyleSingle Family Residence
- Year Built2022
- Taxes$ 11637
- Price$ 1,400,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms2
- Sqr Footage2525
- Lot Size0.4592 Acres
Data Source:
Austin Board of REALTORS® (ABOR) as distributed by MLS GRID
Property Description
2551 Lakeshore Dr is the kind of property that rarely comes to market because it offers more than a home. It offers options. Set near the water with lake views and located .3 mi from Boat Ramp 22, this unique property blends everyday comfort, exceptional utility, and real income-producing flexibility. The 2,525 square foot residence is paired with two fully finished, air-conditioned 1,200 square foot shops, bringing the property to nearly 5,000 square feet of finished space. With no HOA and short-term rentals allowed, the possibilities here are unusually wide. Whether envisioned as a private residence with supplemental rental income, a live-work setup, a hobbyist's dream, a storage-based revenue opportunity, or a multigenerational retreat, this property is designed to adapt. One shop is ideal for conversion into detached living quarters, premium toy storage, or a business space suited for uses such as woodworking, paint and repair, or other hands-on ventures. The second shop is attached and already outfitted with built-ins, making it immediately functional for storage, workspace, or operational use. Both feature bathrooms, HVAC, and 220 lines for serious capability. One also contains it own washer and dryer set up. A 14-foot door and separate exterior RV parking with hookups add even more versatility for owners, guests, or rental use. Beyond its functional appeal, the lifestyle here is just as compelling. The outdoor living experience is thoughtfully elevated with a pool and spa, 450 sq ft covered living space with fireplace, an outdoor kitchen, remote shades that automatically retract in high winds, a Pioneer sound system running throughout the outdoor living areas, house, and shops, propane service and gas cooking. This is not simply a lake-area property. It is a strategic opportunity for the buyer who wants lifestyle, freedom, and the kind of flexible real estate that can serve personal enjoyment and practical return at the same time.
| Elementary School | Middle School | High School |
|---|---|---|
| Mountain Valley Elementary School | Mountain Valley Middle | Canyon Lake High School |
| Price History | |
|---|---|
| 4/28/2026 | Listed $1,500,000 |
| 9/4/2026 | 7$1,400,000 |
General Features
| Living Area | 2525 |
|---|---|
| Sewer | Aerobic Septic |
| Heating | Central,Electric |
| Cooling | Central Air |
| Utilities | Electricity Available,Water Available |
| Roof | Metal |
| Appliances | Dishwasher,Disposal,Range |
| Garage Spaces | 4 |
| Patio/Porch Features | Covered,Patio |
| Pool Features | In Ground,Pool/Spa Combo |
| Construction Materials | Masonry – All Sides,Stone |
| Year Built | 2022 |
| View | Hill Country,Pool |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Waterfront Features | See Remarks |
| Community Features | None |
| Accessibility | None |
| County | Comal |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Energy Efficient | HVAC,Water Heater,Windows |
| Subdivision Name | Canyon Lake Shores 1 |
| Facing Direction | North |
| Green Sustainability | None |
| Other Structures | See Remarks,Outdoor Kitchen,Shed(s),Workshop |
| Full Baths | 3 |
| Status | Active |
| Directions | Take US-281,right onto FM306,right onto N Cranes Mill Rd,left onto Canyon Shores,straight onto Cattail,onto Keystone,right onto Lightfoot,home will be on the right |
| High School | Canyon Lake |
| City | Canyon Lake |
| Disclosures | Other Disclosures,Seller Disclosure |
| MLS Area | CM |
| Lot Size Square Feet | 20002.75 |
| Elementary School | Mountain Valley |
| Tax Annual Amount | 11637.49 |
| Middle/Junior High School | Mountain Valley Middle |
| Property Condition | Resale |
| Additional Parcels Y/N | No |
| Virtual Tour | https://www.zillow.com/view-imx/ca1296b7-3da3-48f1-9ac5-7301c0c732a4?wl=true&setAttribution=mls&initialViewType=pano |
| Builder Name | Unknown |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 775950 |
Interior Features
| Interior Amenities | Ceiling Fan(s),Kitchen Island,Open Floorplan,Pantry |
|---|---|
| Flooring | Wood |
| Total Fireplaces | 2 |
| Fireplace Features | Family Room,Stone,Wood Burning |
| Window Features | None |
| Half Baths | 2 |
| Total Bedrooms | 3 |
| Main Level Bedrooms | 1 |
| LivingAreaSource | Public Records |
| Total Baths | 5 |
Exterior Features
| Exterior Amenities | Balcony |
|---|---|
| Fencing | Privacy |
| Parking Features | Attached,Garage,Golf Cart Garage,Oversized,Private |
| Lot Features | Back Yard |
| Water Source | Public |
| Total Parking | 4 |
| Foundation Details | Slab |
| Lot Size Acres | 0.4592 |
| Waterfront Y/N | No |
| Covered Spaces | 4 |
| Horse Y/N | No |
| Horse Amenities | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 78133
Price
Taxes
Year Built
Visits
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Information provided courtesy of LERA MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is believed to be accurate but not guaranteed. Provided courtesy of LERA MLS. Copyright 2026 LERA MLS, All Rights Reserved. Data last updated September 11, 2026 4:50 PM UTC
Central Texas MLS | Four Rivers Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
