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$1,995,000
10 Beds ⋅ 7 Baths ⋅ 21311472 MLS
RARE LAKEFRONT INVESTMENT PORTFOLIO - PRIVATE COMPOUND - DEVELOPMENT OPPORTUNITY - LEWISVILLE LAKE Exceptional opportunity to acquire 7 contiguous lakefront lots totaling just under one acre on Lewisville Lake, featuring four fully renovated single-family residences with immediate income potential and future redevelopment upside. Renovated in 2022, all four homes were taken to the studs and updated with modern finish-outs, new HVAC systems, water heaters, and major system improvements—creating a turnkey portfolio with reduced near-term capital needs. Currently operating as established short-term rentals, the properties offer multiple income streams while preserving flexibility for continued rental operations, redevelopment, expansion, or long-term hold. Three residences are located within a private electric-gated lakefront compound at the end of a quiet cul-de-sac, creating an exclusive retreat setting rarely found on Lewisville Lake. Two homes offer unobstructed lake views, while the remaining residences provide privacy and flexibility. Located outside the gated entrance is the fourth residence at 5660 Dorothy Ln, along with two existing un-permitted accessory structures. Owners and guests enjoy access to nearly one acre of lakefront recreation with resort-style amenities including a hot tub, water toy storage, kayaks, fishing equipment, swim platforms, and outdoor gathering areas. Property Details: 5861 Dorothy Ln – 1,524 SF, 4 Bed 3 Bath 7,500 SF Lot 5671 Dorothy Ln – 1,645 SF, 3 Bed 2 Bath 7,950 SF Lot 1208 Dorothy Ln – 837 SF, 2 Bed 1 Bath 5,000 SF Lot 5660 Dorothy Ln – 873 SF, 2 Bed 1 Bath 5,164 SF Lot Lakewood Village continues to transform as older lake homes are redeveloped into premium waterfront properties, creating a rare opportunity to secure substantial lake frontage before future appreciation. Ideal as a turnkey investment, private family compound, luxury retreat, or development opportunity.

1208 Dorothy Ln, Little Elm
$1,520,000
4 Beds ⋅ 4 Baths ⋅ 21278270 MLS
Welcome to your private gated estate on 3.65 acre beautifully treed acres adjacent to Lake Lewisville, complete with private easement access to the lake and a remarkably low 1.4% property tax rate. Tucked behind a security gate and circular driveway with decorative fountain, this exceptional property offers luxury, privacy, and resort-style living while backing to Corps of Engineers land for added seclusion. Inside, you'll find approximately 4,067 square feet featuring 4 bedrooms, 3 full baths, and 1 half bath. Timeless craftsmanship is showcased throughout with plantation shutters, Sonos whole-home audio, three fireplaces, a dedicated office with hidden bonus workspace, gym, and safe room. The chef's kitchen is designed for entertaining with custom cabinetry, granite countertops, custom lighting, and an impressive 8-burner gas range. The spacious primary suite features a fireplace, large walk-in closet, and convenient laundry room access through the primary bath. Upstairs offers two ensuite bedrooms with walk-in closets plus a media room or flex space with adjoining storage. A downstairs bedroom with a full bath and direct access to the pool area provides excellent potential as a private guest suite or multigenerational living space. Outdoor living is equally impressive with a resort-style pool featuring a waterfall and recent replaster, covered outdoor kitchen, expansive patio, pond, wrought iron fencing, and mature trees throughout the property. Additional features include a 4-car garage, workshop, RV cover, two walk-up attic storage areas, irrigation well, new roof in 2024, new garage door, and new water heater. A rare opportunity to enjoy luxury acreage living, exceptional privacy, lake access, and endless possibilities just minutes from shopping, dining, and recreation on Lake Lewisville.

9191 Silver Leaf Ct, Little Elm

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. 

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