$4,375,000 - 5818 Ranch Road 165, Blanco

For those looking to create a boutique hospitality property, retreat destination, wedding venue, or multi-generational compound, Mystic Sky Ranch offers the scale and infrastructure to bring that vision to life. The property spans 53.62 acres, with the option to acquire the full compound or purchase in separate configurations. 53.62-acre compound (full offering) $5,495,000 26-acre compound with over 10,000 SF across multiple structures $4,375,000 28-acre adjacent tract $1,120,000 Mystic Sky Ranch is organized as a collection of purpose-built structures designed to function as a compound rather than a single residence. The property includes a main residence by David Webber of Webber + Studio, four detached guest casitas, a dining hall with commercial kitchen, an event barn, and a pool pavilion. Each structure serves a distinct role, allowing the property to operate in multiple ways. It can function as a private residence with independent guest accommodations or as a short-term rental, bed and breakfast, wellness retreat, or event venue. The infrastructure to support both private use and business operations is already in place. The layout separates living, hosting, and guest spaces, creating flexibility that is difficult to achieve in one structure. The main residence anchors daily living, while the casitas provide privacy. The dining hall and event barn support larger gatherings at scale. Spanning 53.62 acres of rolling Hill Country terrain, the land is defined by heritage oaks, open pasture, and a 150-year-old live oak. The additional 28-acre tract offers further opportunity for expansion, privacy, or long-term investment. Located in Dripping Springs, Mystic Sky Ranch offers proximity to Austin with a level of space and flexibility rarely found at this scale.