Ed's Opinion of Value

$2,498,809 Ed's Estimate: $3,207,827 $4,877,711
Lowest Comp Recommended List: $3,144,000 to $3,272,000 Highest Comp

Listing History

$4,200,000 List Price
$3,166,486 Comp Value
1 Price Reductions

This property was listed at $4,200,000 and expired after 183 days on market. The price was reduced from $4,550,000 to $4,200,000. This listing activity factors into the valuation.

Based on 7 closed sales in TAP POINT, the data points to a value around $3,207,827 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $3,144,000 to $3,272,000. This home's position in the current TAP POINT market: below the only comparable home currently on the market among comparable properties. The smaller floor plan (160 sqft compared to the average comp) is a meaningful differentiator in this price range. A pool adds market appeal. Only 7 minus 1 of the comps had one. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
5 Beds
6 Baths 5 Full, 1 Half
3,780 Sq Ft
0.69 Acres
2023 Built
2 Garage

About This Property

WATERFRONT ON BOTH SIDES! Undeniably one of the most luxurious, over engineered waterfront estates sits on a gated peninsula in Sunrise Beach with impeccable detailing all designed to frame the massive views of Lake LBJ. This Texas contemporary house built in 2023 and construction to stand the test of time, features sleek clean lines with beautiful views of the disappearing edge pool overlooking a stunning180 degrees of lake views. Imagine paddleboarding, fishing, floating on your waterfront cove in the back of the property while in front is the 108.5’ of main lake access. As close to your own island as you can get! The open concept living space features wall to wall windows upon arrival, gourmet kitchen equipped with all high end Thermador appliances which transcends to the outdoor entertaining area having ceiling heaters for the cool winters and built-in Webber grill for those outdoor masterpiece steaks. The heated pool and spa allow for year round use while soaking up the full lake view. Complete with whole house wood flooring, this 5 bedroom and 5.5 bath, lets everyone have ensuite spas for their comfort. Your primary bedroom soaks up views of the lake while your bathroom features 2 water closets, free standing soaking tub and a seamless glass shower that puts any day spa to shame! A separate apartment with mini-kitchen adds to the versatility of this unique estate as well as a dedicated study and 2 living areas. The balcony overlooking Lake LBJ is a sweet spot with luxury living in mind. This home has 3 air conditioners, 2 tankless continuous flow hot water heaters, water softener, surround sound music system, alarm system, energy efficient touches, 2 car epoxy floor garage, and more. Now, let’s talk about the cove side – a covered boat dock comes with electric lift for 1 boat and lifts for 2 personal water crafts along with space for easy dining or relaxed visiting in the shade. The gated estate on this peninsula is truly one of a kind on Lake LBJ.

Property Highlights

Pool Gunite, Heated, In Ground, Infinity, Outdoor Pool, Pool/Spa Combo, Private

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • High Ceilings
  • Tray Ceiling(s)
  • Quartz Counters
  • Double Vanity
  • Electric Dryer Hookup
  • French Doors
  • High Speed Internet
  • Interior Steps
  • Kitchen Island
  • Multiple Dining Areas
  • Multiple Living Areas
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Sound System
  • Storage
  • Walk-In Closet(s)
  • Washer Hookup
  • Wired for Sound
  • See Remarks

Location

Schools

School District Llano ISD
Elementary Packsaddle
Middle School Llano
High School Llano

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Central
Exterior Balcony, Barbecue, Boat Dock - Private, Boat Lift, Electric Car Plug-in, Gas Grill, Gutters Full, Outdoor Grill, Private Entrance, Satellite Dish Leased, See Remarks
County Llano
MLS # 8012993
Garage 2 spaces

HOA & Community

HOA Fee $1,500 /Annually

Tax Information

Annual Taxes (MLS) $7,847 (2022)

Listing History

MLS# 8012993 183 days
Sep 13, 2023 Off Market
Jun 29, 2023 Price Change $4,200,000
Mar 14, 2023 Listed $4,999,000

Frequently Asked Questions About 338 Park LN, Sunrise Beach TX 78643

When was 338 Park LN, Sunrise Beach TX 78643 built?

338 Park LN, Sunrise Beach TX 78643 was built in 2023.

How much does 338 Park LN, Sunrise Beach TX 78643 cost?

338 Park LN, Sunrise Beach TX 78643 is currently off market.

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