Fantastic Lakeview waterfront property! Business partnership dissolving and looking for new owner to pick up where they left off. Must sell. Great investment for Residence, Vacation Rental or B & B business. Asking price has been reduced $100k for the fortunate, visionary buyer. Property has been updated and is still under some construction. 1 of the 3 buildings is not entirely completed, 2 are ready for occupancy. Owner has plans for the finish out and can provide those to interested buyers. 3 guest houses are included with 3 Bedrooms, and 3 baths, and large boat dock with hydro hoist and covered deck. There is plenty of room on the property for additional guest quarters/cabins to be placed. Also on the property is a 2-story RV and/or boat shelter & security gate. Property has gorgeous lake views with 150 Ft. of waterfront surrounded by a bend in the river channel, affording panoramic vistas. Huge Live Oak trees are abundant on the property. <br>This property is historically significant. In 1941, because Spicewood and Marble Falls were cut off from Austin due to lack of roads and bridges, a ferry boat about 25 feet wide and 40 feet long was located at this site and transported folks back upstream from the crossing. After a bit of remodeling to attach a room on one side to include a cot, stove, table, chairs, etc., the ferry was put into operation 24/7. Shortly afterwards a drought struck the area due to the lack of rainfall and heavy irrigation for the rice fields (not unlike at the present time.) The lake waters receded to the point the ferry was inoperable thereafter. Spicewood and Marble Falls was again cut off from Austin, and stayed that way until the Texas Hwy 71 Bridge was constructed in 1946. This property is located at the very end of Old Ferry Road. Great opportunity!<br><br><br> *info provided by and with permission of LWH Real Estate<br/><br/>Brokered And Advertised By: Century 21<br/>Listing Agent: Bob Ream
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