600 County Road 414, Spicewood TX 78669

Spicewood, TX 78669 | Barn Divide | Built by Madigan Homes Inc

Ed's Opinion of Value

$643,206 Ed's Estimate: $1,033,283 $1,738,000
Lowest Comp Recommended List: $739,000 to $749,000 Highest Comp
Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,033,283. I'd recommend coming to market at $739,000 to $749,000 to strike the right balance between value and market velocity. Against 7 similar active listings in BARN DIVIDE, this price point lands at the 3rd most expensive of 7 comparable homes on the market. This home's larger footprint (110 sqft vs the comp average) plays a role in how the market prices it. Built in 2023, this home is 8 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in BARN DIVIDE; a buyer's market based on recent absorption. The trend in 78669 shows prices have fallen 13.7% in the past 6 months. 27119 Founders PL, Spicewood TX 78669 nearby adjusts to $1,163,417; with a pool. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group
0 Beds
0 Baths
3,292 Sq Ft
16.27 Acres
2023 Built

About This Property

Unrestricted commercial opportunity on 16+ acres with a newly built residence. Live, work, or play on this amazing 16 plus acres. Welcoming you on arrival is a custom gated entrance opening to a stunning paver blocked driveway that leads to the oversized 2 car garage and additional guest parking off the main entrance. Approaching the front entrance via the staggered garden stones take note of the large windows flanking the modern French entry doors. The interior boasts an expansive open concept with wide planked wood floors throughout, designer cathedral ceilings highlighted by exposed iron beams, sleek industrial ductwork, and a grand fireplace accompanied by a built in entertainment cabinet. Speaking of zip codes, the kitchen island may need its own! Made of “porcelanna", it’s the centerpiece of the eat in style kitchen and open living concept. The kitchen offers all the amenities a chef could ask for including wet bar & wine fridge. Anchoring the open concept are panoramic doors which open to the covered patio allowing for the indoor/outdoor flow to continue. For relaxing on those gorgeous Texas nights the exterior offers an outdoor kitchen with built in grill, recessed fire pit, and spa/hot tub tucked under a couple magnificent trees.The home has 3 bedrooms, 3 full baths, half bath, utility room, plan allows for an additional office. The home is serviced by Windermere Water Supply, but also has a well for irrigation with a 3,000 gallon storage tank. With 8 plus acres there’s room for an additional dwelling unit, shop, pool, or sports court. Conveniently located to Spicewood Airport, numerous vineyards, Iron Wolf Distillery, Krause Springs, Muleshoe & Pace Bend Parks, multiple golf courses, and beautiful Lake Travis. Shopping, dining, and entertainment in either direction with Marble Falls to the West and Bee Cave/Lakeway to the East. Both within 20 minutes.

Location

Property Details

Property Type Commercial Sale
Flooring Tile, Wood
Cooling Central Air, Electric, ENERGY STAR Qualified Equipment
Heating Central, Electric, ENERGY STAR Qualified Equipment, Fireplace(s), Heat Pump
County Burnet
MLS # 8902865

Listing History

MLS# 8902865 137 days
Dec 26, 2024 Off Market
Jul 22, 2024 Listed $3,100,000

Frequently Asked Questions About 600 County Road 414, Spicewood TX 78669

When was 600 County Road 414, Spicewood TX 78669 built?

600 County Road 414, Spicewood TX 78669 was built in 2023.

How much does 600 County Road 414, Spicewood TX 78669 cost?

600 County Road 414, Spicewood TX 78669 sold on December 26, 2024. Contact us for sale price details.

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