1155 Blue Water Dr Canyon Lake, TX 78133
Hill Country NeighborhoodEstimated payment $18,935/month
Highlights
- Boat Ramp
- Private Pool
- Custom Closet System
- Mt Valley Elementary School Rated A-
- 4.34 Acre Lot
- Mature Trees
About This Home
** Owner Financing available ** PRICED TO MOVE, this is one of the BEST LUXURY VALUES available on Canyon Lake. A true gem at this new price point. Welcome to your private, lakefront paradise situated on an ultra-rare 4.54+/- acre estate with approximately 385+/- feet of stunning waterfront. This one-of-a-kind compound blends timeless Hill Country luxury with lifestyle and entertainment features no other property on the lake can match. The main residence offers 5,766 square feet of living space with five spacious bedrooms-each with its own private en-suite bath-and a total of five and a half bathrooms. The home is flooded with natural light, soaring ceilings, and panoramic lake views. The chef's kitchen is fully outfitted with premium appliances, custom cabinetry, and generous prep space, perfect for entertaining or everyday enjoyment. The entire second floor is dedicated to a grand owner's suite, complete with spa-style bathroom, dual walk-in closets, a private flex space, and its own balcony overlooking the water. Additional features include wood floors, Sonos surround sound, designer smart lighting, and a billiards room for added entertainment. A detached 660 square foot guest house offers a one-bedroom, one-bath layout with a clawfoot tub and glass shower that overlooks the lake-ideal for guests or extended family. The outdoor living is exceptional, with a resort-style pool overlooking the lake, an oversized outdoor kitchen for hosting al fresco meals, and expansive patios that offer ample space for lounging or entertaining. The showpiece of the property is the 2,000 square foot barn, which has been transformed into a private dance hall and bar, complete with sound system, lighting, stage, and upstairs guest quarters. This home is being sold turn-key with only a few exclusions, making it a rare opportunity to move in and enjoy immediately. Owner financing is also available. Luxury homes with this amount of land, waterfront, and amenities rarely come available-especially at this price. Don't miss your opportunity to own one of the most unique and exciting properties on Canyon Lake.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,423
Year Built
- Built in 2003
Lot Details
- 4.34 Acre Lot
- Mature Trees
Home Design
- Slab Foundation
- Metal Roof
- Masonry
- Stucco
Interior Spaces
- 6,426 Sq Ft Home
- Property has 2 Levels
- Wet Bar
- Ceiling Fan
- Chandelier
- 2 Fireplaces
- Window Treatments
- Two Living Areas
- Game Room
- Security System Owned
Kitchen
- Eat-In Kitchen
- Walk-In Pantry
- Built-In Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Custom Closet System
- Walk-In Closet
- Freestanding Bathtub
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 4 Car Detached Garage
- Garage Door Opener
Accessible Home Design
- Doors are 32 inches wide or more
Outdoor Features
- Private Pool
- Waterfront with Home Across Road
- Deck
- Covered Patio or Porch
- Outdoor Kitchen
- Outdoor Gas Grill
Additional Homes
- Dwelling with Separate Living Area
- Separate Entry Quarters
Utilities
- Water Softener is Owned
- Cable TV Available
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 480810000100
Community Details
Overview
- Rust Acres Subdivision
Recreation
- Boat Ramp
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $23,033 | $2,263,539 | $397,970 | $1,865,569 |
| 2024 | $23,033 | $2,064,900 | $397,970 | $1,666,930 |
| 2023 | $23,033 | $1,302,450 | $468,200 | $834,250 |
| 2022 | $21,926 | $1,302,450 | $468,200 | $834,250 |
| 2021 | $19,909 | $1,111,690 | $367,010 | $744,680 |
| 2020 | $16,932 | $911,320 | $235,940 | $675,380 |
| 2019 | $19,007 | $996,440 | $262,150 | $734,290 |
| 2018 | $18,568 | $983,520 | $262,150 | $721,370 |
| 2017 | $17,811 | $950,960 | $262,150 | $688,810 |
| 2016 | $17,420 | $930,100 | $262,150 | $667,950 |
| 2015 | $13,776 | $779,920 | $262,150 | $517,770 |
| 2014 | $13,776 | $735,520 | $262,150 | $473,370 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/16/2025 09/16/25 | For Sale | $3,250,000 | 0.0% | $506 / Sq Ft |
| 08/15/2025 08/15/25 | Price Changed | $3,250,000 | 0.0% | -- |
| 07/08/2025 07/08/25 | Off Market | -- | -- | -- |
| 06/19/2025 06/19/25 | For Sale | $3,250,000 | -15.6% | $506 / Sq Ft |
| 06/04/2025 06/04/25 | Price Changed | $3,850,000 | -7.1% | -- |
| 04/08/2025 04/08/25 | Price Changed | $4,145,000 | 0.0% | -- |
| 08/27/2024 08/27/24 | For Sale | $4,145,000 | +314.5% | -- |
| 10/16/2012 10/16/12 | Sold | -- | -- | -- |
| 09/16/2012 09/16/12 | Pending | -- | -- | -- |
| 11/16/2011 11/16/11 | For Sale | $999,999 | -- | $176 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Independence Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $2,662,400 | Credit Line Revolving | |
| Closed | $560,000 | Purchase Money Mortgage | |
| Previous Owner | $585,000 | Credit Line Revolving |
Source: San Antonio Board of REALTORS®
MLS Number: 1877121
APN: 48-0810-0001-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for 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 deemed reliable but not guaranteed.
- 1025 Blue Water Dr
- 178 Mary Ann Dr
- 720 Five Oaks Cir
- 1106 Amanda
- 502 Cindy Dr
- 1215 Amanda
- 154 Calm Water
- 561 Five Oaks Cir
- 1769 Patty Dr
- 1837 Colleen Dr
- 995 Five Oaks Cir
- 1350 Colleen Dr
- 1871 Patty Dr
- 659 Spanish Oak Esplanade
- 115 Tommy Dr
- 730 Minnesota Dr
- 985 Janet Dr
- 2165 Colleen Dr
- 2033 Colleen Dr
- 267 Nancy Dr
- 1322 Amanda
- 200 San Juan
- 261 Hidden Dr Unit B
- 377 Buck Trail Unit 3
- 377 Buck Trail Unit 7
- 2549 Grandview Forest
- 1043 Barbara Dr Unit A3
- 321 Village View Dr
- 116 Campbell Dr Unit 9
- 2429 Grandview Forest
- 698 Hillclimb
- 662 Hillclimb
- 665 Lake Forest
- 1164 Fairway Dr
- 1021 Hillcrest Forest
- 3058 Westview Dr
- 268 White Oak Dr
- 2319 Westview Dr
- 1916 Triple Peak Dr
- 1466 Bonnyview Dr