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4 Beds
3 Full baths
2,196SqFt
Active
Welcome to 515 E Island Dr—an exceptional opportunity to own generational waterfront on Lake Buchanan’s coveted Shaw Island, where only a select few properties are surrounded by water on all sides.Set on approximately 1 acre in Bluffton, Texas, this 4-bedroom, 3-bath retreat is designed to capture the lake from nearly every angle. Expansive windows frame panoramic views, filling the home with natural light & creating a seamless indoor-outdoor connection. The open-concept kitchen & living area offer an inviting space for entertaining or relaxing, all with the water as your constant backdrop. Multiple bedrooms provide peaceful, private retreats with stunning views. An attached guest house adds flexibility and value, featuring its own open-concept layout, private bedroom, & full bath with a striking walk-in shower-ideal for hosting guests,family, or a secluded escape. Step outside to your waterfront setting, where a sprawling backyard, expansive patio, & outdoor fireplace create the perfect environment for entertaining or unwinding as Hill Country sunsets stretch across the lake. Lot 100 directly across the street is included, offering additional space & a place to build a shop to store all of your lake toys! Located near Burnet, enjoy easy access to boating, fishing, & top Hill Country attractions, including Inks Lake State Park, Longhorn Cavern, wineries, golf, and local dining. 520 E Island Dr, located caddy-corner is also for sale separately Make it a family compound or multi property lake retreat!
Property Details | ||
|---|---|---|
| Price | $769,984 | |
| Bedrooms | 4 | |
| Full Baths | 3 | |
| Half Baths | 0 | |
| Lot Size | irregular | |
| Acres | 0.51 | |
| Property Type | Residential | |
| Sub type | SingleFamilyResidence | |
| MLS Sub type | Single Family Residence | |
| Features | Breakfast Bar | |
| Exterior Features | Open Concrete Areas, Garden, Sprinkler System | |
| Year Built | 1984 | |
| Subdivision | Island Village | |
| View | Lake, Panoramic | |
| Roof | Metal | |
| Waterfront | Lake Buchanan West | |
| Heating | Central | |
| Lot Description | Landscaped | |
| Pool features | Above Ground | |
| Association Amenities | Pool | |
Geographic Data | ||
| Directions | TX-261 N 5.4 mi- Sharp right towards Shaw Island Rd 154ft. Continue on Shaw Island Rd for 3.8 mi. Continue on E Island Dr. Destination on the left. | |
| County | Llano | |
| Latitude | 30.82794 | |
| Longitude | -98.41817444 | |
Address Information | ||
| Address | 515 E Island Drive, Bluffton, TX 78607 | |
| Postal Code | 78607 | |
| City | Bluffton | |
| State | TX | |
| Country | United States | |
Listing Information | ||
| Listing Office | The Mannings Realty Group- eXp | |
| Listing Agent | Tammy Burnes-Manning | |
| Virtual Tour URL | https://www.tourfactory.com/idxr3233607 | |
School Information | ||
| District | Llano | |
MLS Information | ||
| MLS Status | Active | |
| Listing Last Modified | Apr 2, 2026 | |
| Tax ID | 013288 | |
| MLS # | HLM177270 | |
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