1240 Elder Hill Road, Driftwood

$5,550,000

11 Beds
25 Baths
23,901 Sqft
25 Acres
7 Garages

This incredibly private and rare opportunity in Driftwood, TX is just 30 minutes from Downtown Austin. The 25-acre estate is fully fenced and unrestricted with hundreds of beautiful Live Oaks, a five-horse barn, a 260’ X 140’ professional grade arena and two mega homes plus a small guest house. This is the best opportunity in the market today to get into a show place quick and bypass the build time. The finished back home boasts over 9,800 square feet with 7,600 square feet of living space including 5 bedrooms and 6 bathrooms with two heated & cooled garages. This home features engineered hardwood floors, a beautiful modern kitchen with waterfall island, quartz countertops and a master bath that will take your breath away. The second front home is over 14,000 square feet with 5 bedrooms, 7 bathrooms, a private1 bedroom / 1 bathroom apartment for maid or guests. This is a nearly finished builders dream that is awaiting your choice of interior finishes and could be completed in 6 - 12 months. The third free standing small building is a guest house with its own full bathroom. This is a one-of-a-kind chance in the current market. Live in the finished home while you finish building out the other house as your dream home, family compound, restaurant, distillery, or whatever you wish on the nearly unrestricted land.
Both houses have basement wine rooms, roughed in elevator shafts, private well water supply, Anderson Windows, brand new septic systems, and countless other upgrades, underground utilities, and private water well. The seller has installed a new 4,500’ chip seal paved driveway. Don’t miss this rare opportunity in the hot Driftwood market, located just 20 minutes from Austin. Shown by appointment only, with notice.

Essential Information
MLS® #7526034
Price$5,550,000
Bedrooms11
Bathrooms25.00
Full Baths11
Half Baths14
Square Footage23,901
Acres25.00
Year Built2015
TypeResidential
Sub-TypeOther
StatusActive
Community Information
Address1240 Elder Hill Road
AreaHH
SubdivisionThomas R Jackson Surv Abs #9
CityDriftwood
CountyHays
StateTX
Zip Code78619
Amenities
UtilitiesUnderground Utilities
FeaturesNone
Garage Spaces7
ViewHills
WaterfrontNone
Parking

Asphalt, Garage Faces Front, Garage, Garage Faces Side, Paved

Interior
AppliancesGas Cooktop, Gas Oven
HeatingCentral
FireplaceYes
# of Fireplaces2
FireplacesLiving Room
StoriesThree Or More
Exterior
Exterior FeaturesBalcony
RoofMetal
FoundationSlab
Lot Description

Agricultural, Trees Large Size, Trees Medium Size

Construction

Masonry, Radiant Barrier, Stone, Spray Foam Insulation, Stucco

School Information
DistrictHays ISD
ElementaryCarpenter Hill
MiddleEric Dahlstrom
HighJohnson High School
Additional Information
Date ListedMarch 18th, 2021
Days on Market24
Property History
Price Reduced from $7,000,000 to $5,550,000
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Property Listed by: Keller Williams Realty

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from April 11th, 2021 at 11:02am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.