349 Scenic Ridge DR, Spicewood TX 78669

Spicewood, TX 78669 | Granite Ridge | Built by Shadowlake

Off Market

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Ed's Opinion of Value

$1,018,415 Ed's Estimate: $1,686,990 $2,800,000

Lowest Comp Recommended List: $1,653,000 to $1,721,000 Highest Comp

Listing History

$1,500,000 List Price

$1,694,781 Comp Value

1 Price Reductions

This property was listed at $1,500,000 and expired after 223 days on market. The price was reduced from $1,750,000 to $1,500,000. This listing activity factors into the valuation.

The market data from 7 similar recent sales in GRANITE RIDGE points to a value of approximately $1,686,990. To sell within a reasonable timeframe at fair market value, the $1,653,000 to $1,721,000 range is where I'd position this. Among the similar homes currently available in GRANITE RIDGE, this price point stands out as competitive. Being 1,661 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a differentiator here, since 3 of 7 comparable sales didn't include one. 7 comparable transactions in GRANITE RIDGE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group

78669 Market Trends

$649,900 Median Sold Price ▼ 13.3% 6mo

$262/sqft Median $/SqFt ▼ 2.8% 6mo

108 days Avg Days on Market 6 days slower

278 homes Active Inventory 16.2 mo supply

97.0% Sale-to-List Ratio

103 Sales (6 months)

Recently Sold Comparables

$2,189,685 adjusted 26302 Countryside DR, Spicewood TX 78669 4bd / 4.0ba • 5,090 sqft • 3.3 mi Sold 4 months ago

$1,580,939 adjusted 317 Scenic Ridge DR, Spicewood TX 78669 2bd / 1.0ba • 1,140 sqft • 0.1 mi Sold 9 months ago

$1,292,055 adjusted 2405 Sailboat Pass PASS, Spicewood TX 78669 4bd / 5.0ba • 4,210 sqft • 2.9 mi Sold 5 days ago

$1,489,234 adjusted 2506 Sailpoint DR, Spicewood TX 78669 4bd / 4.0ba • 3,068 sqft • 3.2 mi Sold 1 months ago

$1,018,415 adjusted 427 Coventry RD, Spicewood TX 78669 5bd / 4.0ba • 2,404 sqft • 2.8 mi Sold 1 months ago

Currently on Market

$2,800,000 27426 Waterfall Hill PKWY, Spicewood TX 78669 4bd / 5.0ba • 4,905 sqft • 2.6 mi 2 days on market

$1,495,000 27030 Masters PKWY, Spicewood TX 78669 4bd / 4.0ba • 4,604 sqft • 2.6 mi 95 days on market

$1,395,000 11151 State Highway 71, Spicewood TX 78669 5bd / 5.0ba • 4,605 sqft • 0.6 mi 14 days on market

5 Beds

4 Baths 3 Full, 1 Half

4,880 Sq Ft

15.61 Acres

2004 Built

4 Garage

About This Property

Custom home w/separate 1000ft. Casita. 360 degree views in gated community. Professional landscaping w/all 15.61 Limestone/Stucco exterior, 3+ car garage. Pool house w/built-in professional gas grill, Granite counter, full bath with shower. Outdoor FP. Mstr BR down w/private patio overlooking pool, travertine tile, Thermador appliances, 2 sink areas, cherry wood kitchen cab, Pella windows and doors. safe room, Custom Wine Cellar houses 2400 bottles, back-up generator. Equestrian neighborhood. Ag exempt.Guest Accommodations: Yes Restrictions: Yes Sprinkler Sys:Yes

Property Highlights

Pool Cabana, In Ground, Pool/Spa Combo, See Remarks

Features

Bookcases
Breakfast Bar
Built-in Features
High Ceilings
Crown Molding
In-Law Floorplan
Interior Steps
Multiple Living Areas
Pantry
Primary Bedroom on Main
Recessed Lighting
Walk-In Closet(s)

Location

Map loading...

Schools

School District Marble Falls ISD

Elementary Spicewood (Marble Falls ISD)

Middle School Marble Falls

High School Marble Falls

Property Details

Property Type Farm

Flooring Tile, See Remarks

Cooling Central Air

Heating Central

Exterior Dog Run, Gutters Full, Private Yard

County Burnet

MLS # 6570758

Garage 4 spaces

HOA & Community

HOA Fee $1,500 /Annually

HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $10,744 (2015)

Listing History

MLS# 6570758 223 days

Oct 31, 2016	Off Market
Aug 2, 2016	Price Change	$1,500,000
Mar 22, 2016	Listed	$1,999,999

Frequently Asked Questions About 349 Scenic Ridge DR, Spicewood TX 78669

When was 349 Scenic Ridge DR, Spicewood TX 78669 built?

349 Scenic Ridge DR, Spicewood TX 78669 was built in 2004.

How much does 349 Scenic Ridge DR, Spicewood TX 78669 cost?

349 Scenic Ridge DR, Spicewood TX 78669 is currently off market.

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