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$1,250,000 - 23617 Indian Divide Cove, Spicewood

5
Bedrooms
5
Baths
3,965
SQ. Feet
2.55
Acres

Experience luxury Hill Country living at an exceptional value in this private 2.5-acre waterfront estate. Exceptional waterfront opportunity on the Pedernales River! This stunning Mediterranean estate offers luxury, privacy, and incredible value in one of the area’s most sought-after communities. Featuring 5 bedrooms, a wine cellar, resort-style pool, and two primary suites, the home is designed for both everyday comfort and elevated entertaining. A newly constructed private boat dock provides direct river access, perfect for relaxing, kayaking, or enjoying the natural beauty of the Hill Country. Situated at the end of a quiet cul-de-sac, a private drive leads to this secluded retreat set on 2.5 acres of beautifully landscaped grounds. Enjoy poolside gatherings, then take a short walk down to the water for peaceful sunset views. The expansive acreage offers a rare sense of space and exclusivity while still being conveniently located near Lake Travis amenities. Located minutes from the future Highland Lakes High School, this property blends a serene, ranch-style setting with access to top-tier schools. Priced to reflect an outstanding opportunity, this home delivers exceptional value for waterfront living with acreage, privacy, and premium features—making it as smart an investment as it is a beautiful place to call home.

Essential Information

  • MLS® #:
    6167527
  • Price:
    $1,250,000
  • Bedrooms:
    5
  • Bathrooms:
    5.00
  • Full Baths:
    4
  • Half Baths:
    1
  • Square Footage:
    3,965
  • Acres:
    2.55
  • Year Built:
    2006
  • Type:
    Residential
  • Sub-Type:
    Single Family Residence
  • Status:
    Active

Community Information

  • Address:
    23617 Indian Divide Cove
  • Subdivision:
    Paleface Ranch Sec 03
  • City:
    Spicewood
  • County:
    Travis
  • State:
    TX
  • Zip Code:
    78669

Amenities

  • Utilities:
    Cable Available, Electricity Available, Electricity Connected, Phone Available
  • Features:
    Community Mailbox, Fishing, Gated, Lake
  • Parking:
    Additional Parking, Circular Driveway, Detached, Garage, Garage Door Opener
  • # of Garages:
    3
  • Garages:
    Garage Door Opener
  • View:
    Lake, River
  • Is Waterfront:
    Yes
  • Waterfront:
    River Front
  • Has Pool:
    Yes

Interior

  • Interior:
    Carpet, Tile, Wood
  • Appliances:
    Double Oven, Dishwasher, Gas Cooktop, Disposal, Refrigerator
  • Heating:
    Central
  • Fireplace:
    Yes
  • # of Fireplaces:
    2
  • Fireplaces:
    Bedroom, Family Room, Primary Bedroom
  • Stories:
    Three Or More

Exterior

  • Exterior Features:
    Balcony, Barbecue, Boat Slip, Dock, Exterior Steps, Gas Grill, Lighting, Private Entrance, Private Yard
  • Lot Description:
    Cul-De-Sac, Gentle Sloping, Landscaped, Moderate Trees, Private, Sprinklers In Ground, Views
  • Roof:
    Tile
  • Construction:
    Stone Veneer, Stucco
  • Foundation:
    Slab

School Information

  • District:
    Lake Travis ISD
  • Elementary:
    West Cypress Hills
  • Middle:
    Lake Travis
  • High:
    Lake Travis

Property Listed by: Best Of Texas Real Estate

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 16th, 2026 at 10:17am 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.