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$2,300,000 - 513 Oleander Drive, Granite Shoals

4
Bedrooms
5
Baths
2,906
SQ. Feet
0.29
Acres

Positioned on a scenic peninsula on Lake LBJ, this exceptional lakefront home offers breathtaking water views in nearly every direction and an ideal blend of luxury and relaxed lake living. Thoughtfully designed with modern finishes and located just minutes from shopping and dining in Marble Falls, this gated property provides both privacy and convenience. Inside, rich wood flooring and elegant crown molding complement the well-appointed interior. The main living area features a marble-surround fireplace and dramatic 20-foot Fleetwood sliding doors that open seamlessly to outdoor living and expansive lake views. The spacious island kitchen is perfect for gathering and entertaining with friends and family. The main-level primary suite offers a private lakeside retreat with patio access, dual sinks, and a walk-in closet. Upstairs, comfortable guest suites provide privacy for family and visitors, along with a sunlit “Bird’s Nest” lookout room that works beautifully as a study, studio, or reading retreat. The lower level is designed for entertaining and recreation, featuring a large conditioned 1,200-square-foot multi-use space with four glass garage doors and a full bath—ideal as a game room, second living area, or open-air lounge after a day on the water. Outside, enjoy exceptional waterfront living with a large boat dock offering a slip with electric lift, PWC ramps, and spacious lakeside seating areas. Offered fully furnished with a few exclusions, creating a true turnkey opportunity on Lake LBJ.

Essential Information

  • MLS® #:
    3094448
  • Price:
    $2,300,000
  • Bedrooms:
    4
  • Bathrooms:
    5.00
  • Full Baths:
    4
  • Half Baths:
    1
  • Square Footage:
    2,906
  • Acres:
    0.29
  • Year Built:
    2020
  • Type:
    Residential
  • Sub-Type:
    Single Family Residence
  • Status:
    Active

Community Information

  • Address:
    513 Oleander Drive
  • Subdivision:
    Shady Acres
  • City:
    Granite Shoals
  • County:
    Burnet
  • State:
    TX
  • Zip Code:
    78654

Amenities

  • Utilities:
    Electricity Connected, Propane, Water Connected
  • Features:
    Fishing, Lake
  • Parking:
    Door-Multi, Driveway, Electric Gate, Garage Faces Front, Garage, Garage Door Opener, Garage Faces Rear
  • # of Garages:
    4
  • Garages:
    Garage Door Opener
  • View:
    Canal, Hills, Lake, Panoramic, Water
  • Is Waterfront:
    Yes
  • Waterfront:
    Lake Front, Waterfront, Boat Ramp/Lift Access

Interior

  • Interior:
    Tile, Wood
  • Appliances:
    Built-In Gas Oven, Built-In Gas Range, Dryer, Washer/Dryer Stacked, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood, Stainless Steel Appliance(s)
  • Heating:
    Propane
  • Fireplace:
    Yes
  • # of Fireplaces:
    1
  • Fireplaces:
    Gas Log, Living Room
  • Stories:
    Three Or More

Exterior

  • Exterior Features:
    Balcony, Barbecue, Boat Slip, Dock, Exterior Steps, Gas Grill, Lighting, Outdoor Grill, Private Yard, Rain Gutters, Uncovered Courtyard, Boat Lift
  • Lot Description:
    Back Yard, Cul-De-Sac, Front Yard, Sprinklers In Rear, Sprinklers In Front, Landscaped, Level, Private, Sprinklers Automatic, Sprinklers In Ground, Trees Medium Size, Views
  • Roof:
    Composition
  • Construction:
    HardiPlank Type, Stone
  • Foundation:
    Slab

School Information

  • District:
    Marble Falls ISD
  • Elementary:
    Marble Falls
  • Middle:
    Marble Falls
  • High:
    Marble Falls

Property Listed by: Re/max Horseshoe Bay Resort Sa

The information being provided is 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.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from April 10th, 2026 at 1:47pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.