$1,550,000

5015 Great Divide Drive, Bee Cave, TX

6

Beds

4

Baths

3,987

Square feet

1.63

Acres

Seller would consider seller financing at 20% down with an interest rate as low as 5%. This property offers 6 bedrooms and 4 bathrooms, with the main home boasting 5 bedrooms/3 bathrooms across 3,498 sq ft of living space (all square footage per appraiser). Additionally, the charming 1bed/1bath casita provides an additional 489 sq ft of privacy, bringing the total living area to 3,987 sq ft. The casita was constructed in 2015; it was transformed into a welcoming oasis featuring a full kitchen, beautiful bathroom, split AC system, and electricity. The casita offers a unique private space for visitors, and it also presents as a favorable asset for short-term-rentals. With its desirable location and spacious guesthouse, this property is a magnet for travelers seeking a memorable and comfortable stay. Whether it's doing STR’s for the casita, or for the entire property, this home is neither hindered by an overstepping HOA nor extensive deed restrictions. The owner has invested significantly in renovations. In 2020, the upstairs half bath was transformed into a full bath, further enhancing the functionality of the upper level’s bonus space. The wood deck in the backyard was also rebuilt at this time. The year 2021 saw a major $300k remodel downstairs which incorporated elegant French Oak flooring and beautifully updated primary & guest bathrooms with marble countertops and flooring in each. The kitchen was tastefully redesigned with quartz countertops, glass insert cabinets, and a brand-new French ILVE range. The upgrades continue outside, with the installation of Cantera steel doors at the front and back entrances. The property sits on an expansive 1.629-acre lot with the potential to build a pool or sport court. This is a rare find at this price point, especially with no HOA, low tax rate, and located only 20 minutes from downtown Austin! The property is zoned for Lake Travis ISD and is within 7 minutes of the Hill Country Galleria, H-E-B, Lowe’s, and Home Depot.

Facts & Features

ListingFeed abor_vow
MLS® # 5157092
List Price $1,550,000
Sale Price $1,515,000
Sale Date February 7th, 2024
Bedrooms 6
Bathrooms 4.00
Full Baths 4
Square Footage 3,987
Acres 1.63
Year Built 1997
Type Residential
Sub-Type Single Family Residence
Status Closed

Community Information

Address 5015 Great Divide Drive
Subdivision Homestead Sec 03
City Bee Cave
County Travis
State TX
Zip Code 78738

Amenities

Utilities Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, High Speed Internet Available, Water Connected
Features Equestrian Community, Trash Pickup Door to Door, Trails/Paths
Parking Driveway, Garage Faces Side
# of Garages 2
View Hills, Trees/Woods
Is Waterfront No
Waterfront None
Has Pool No

Interior

Interior Marble, Wood
Appliances Dishwasher, Free-Standing Gas Oven, Disposal, Refrigerator, Range Hood, Self Cleaning Oven, Stainless Steel Appliance(s)
Heating Central, Fireplace(s), Propane
Cooling Central Air, Ceiling Fan(s), Wall/Window Unit(s), Zoned
Fireplace Yes
# of Fireplaces 1
Fireplaces Living Room, Raised Hearth, Stone
# of Stories 2
Stories Two

Exterior

Exterior Features Lighting, Private Yard
Lot Description Back Yard, Cul-De-Sac, Front Yard, Landscaped, Level, Moderate Trees, Private, Trees Large Size
Windows Double Pane Windows, Plantation Shutters
Roof Composition, Shingle
Construction HardiPlank Type, Masonry, Stone
Foundation Slab

School Information

District Lake Travis ISD
Elementary Lake Pointe
Middle Lake Travis
High Lake Travis

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?