$1,995,500 - 5229 Hupedo Ranch Road, Spicewood

A private Pedernales River estate set behind two electric gates on a limestone bluff, with 200 feet of frontage just 45 minutes from Austin. There is nothing else like it in this market. Perched above the river on 2.8 private acres, this 4,549 SF Hill Country villa is clad in native uncut Texas limestone and topped with a standing seam metal roof. Below the bluff, a spring-fed swimming hole provides a consistent water feature even when other parts of the river run low. A private stairway leads down to it, where the canyon holds the last light of the day, and the setting naturally slows you down. Swim, fish, or spend the evening watching the stars rise over the canyon walls. Inside, the home opens with vaulted ceilings, arched doorways, wood floors, and granite countertops, anchored by a grand living room with a wood-burning stone fireplace. The primary suite is on the main level with a private sunroom and terrace. Upstairs, three guest bedrooms are thoughtfully positioned, including one with a private stargazing terrace and Juliette balcony overlooking the canyon, along with a lofted sitting area that adds flexible living space. The detached garage includes a fully self-contained one-bed, one bath guest apartment with a separate entrance, ideal for guests, extended family, or additional income. Well and septic are already in place. This offering includes the villa on approximately 2.8 acres, with an additional 34.5 acres available separately. That tract features three cabins, a horse arena, barn, stock tank, equipment shed, and greenhouse. Together, the property can remain completely unrestricted, allowing for a private compound, equestrian ranch, wellness retreat, or long-term investment along one of the most storied rivers in Texas. Seller is open to seller financing for qualified buyers.