402 S Shorewood DR, Granite Shoals TX 78654

Off Market

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Ed's Opinion of Value

$2,982,892 Ed's Estimate: $2,982,892 $4,552,808

Lowest Comp Recommended List: $3,427,000 to $3,828,000 Highest Comp

Based on 7 closed sales in 78654, the data points to a value around $2,982,892 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $3,427,000 to $3,828,000. Buyers shopping in 78654 right now would see this as a well positioned option among 5 comparable homes. Being 1,030 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.48 acres versus 0.27 for the typical comp. Right now, 5 similar properties are competing for buyers in 78654, listed between $2,499,000 and $4,390,000. Market data shows 78654 prices fallen 21.3% over the last half year. The closest comparable sale, #2 Beaver Island, Granite Shoals TX 78654 at an adjusted $3,167,819, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in 78654. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group

78654 Market Trends

$350,000 Median Sold Price ▼ 21.3% 6mo

$188/sqft Median $/SqFt ▼ 13.4% 6mo

133 days Avg Days on Market 22 days slower

198 homes Active Inventory 10.7 mo supply

96.7% Sale-to-List Ratio

111 Sales (6 months)

Recently Sold Comparables

$3,167,819 adjusted #2 Beaver Island, Granite Shoals TX 78654 4bd / 4.0ba • 4,171 sqft • 0.8 mi Sold 1 months ago

$4,552,808 adjusted 38 Beaver IS, Granite Shoals TX 78654 4bd / 4.0ba • 4,008 sqft • 0.7 mi Sold 7 months ago

$3,267,908 adjusted 1012 Impala DR, Granite Shoals TX 78654 4bd / 5.0ba • 3,613 sqft • 0.3 mi Sold 3 months ago

$3,197,331 adjusted 300 E Heron DR, Marble Falls TX 78654 4bd / 5.0ba • 3,332 sqft • 0.9 mi Sold 9 months ago

$3,846,049 adjusted 131 Wilderness DR E, Marble Falls TX 78654 4bd / 6.0ba • 5,161 sqft • 3.6 mi Sold 5 months ago

Currently on Market

$3,250,000 2512 Belaire East LN, Granite Shoals TX 78654 4bd / 5.0ba • 3,889 sqft • 1.6 mi 15 days on market

$3,975,000 703 Woodland Hills DR, Granite Shoals TX 78654 4bd / 5.0ba • 3,700 sqft • 1.8 mi 190 days on market

$4,390,000 1011 Moss Downs, Granite Shoals TX 78654 5bd / 7.0ba • 4,901 sqft • 0.3 mi 165 days on market

4 Beds

5 Baths 4 Full, 1 Half

4,344 Sq Ft

0.48 Acres

2005 Built

4 Garage

About This Property

This is the luxury lake home you have been looking for! The spectacular open water view greets you as soon as you open the front door. Open concept living, tastefully updated throughout with luxury appointments throughout including a heated master bathroom floor, gourmet kitchen, remote control patio sun shades, hydraulic boat and jet ski lifts, and smart home app control of thermostats and many other household functions. This home comfortably sleeps 16 with 3 bedrooms, a bunk room, a flex room, and 4 1/2 baths. Waterfront exterior includes a backyard oasis with two outdoor living areas and upstairs veranda. Full outdoor kitchen even includes a warming drawer. Lots of room for parking with large lot, additional two car garage, and storage barn. If you are looking for a turn key property, most furnishings negotiable. Short term rentals are allowed. Owner is a licensed real estate agent.

Features

Bidet
Breakfast Bar
Cedar Closet(s)
Ceiling Fan(s)
Granite Counters
Crown Molding
Double Vanity
Electric Dryer Hookup
Entrance Foyer
High Speed Internet
Multiple Dining Areas
Multiple Living Areas
Pantry
Primary Bedroom on Main
Recessed Lighting
Smart Home
Smart Thermostat
Soaking Tub
Storage
Walk-In Closet(s)
Washer Hookup
Wired for Sound

Location

Map loading...

Schools

School District Marble Falls ISD

Elementary Highland Lake

Middle School Marble Falls

High School Marble Falls

Property Details

Property Type Residential

Flooring Carpet, Tile, Vinyl

Cooling Central Air, Electric, Heat Pump, Multi Units, Zoned

Heating Central, Exhaust Fan, Heat Pump, Zoned

Exterior Balcony, Boat Dock - Private, Boat Lift, Garden, Gas Grill, Lighting, Outdoor Grill, RV Hookup

County Burnet

MLS # 1520292

Garage 4 spaces

Tax Information

Annual Taxes (MLS) $23,097 (2023)

Listing History

MLS# 1520292 5 days

Apr 30, 2024	Off Market
Mar 29, 2024	Listed		$2,350,000

Frequently Asked Questions About 402 S Shorewood DR, Granite Shoals TX 78654

When was 402 S Shorewood DR, Granite Shoals TX 78654 built?

402 S Shorewood DR, Granite Shoals TX 78654 was built in 2005.

How much does 402 S Shorewood DR, Granite Shoals TX 78654 cost?

402 S Shorewood DR, Granite Shoals TX 78654 sold on April 30, 2024. Contact us for sale price details.

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Jun 26, 2023	Off Market
Mar 26, 2023	Listed		$2,900,000