This unique property offers an incredible opportunity to own both a beautiful Victorian inspired custom home with additional dwelling(s) as well that can be used for commercial/business or a casita. Casita is currently being used as leased office space. Located in an ETJ there are no restrictions and signage for business can be placed on Bee Caves Rd. The main residence is warm and inviting, designed for both comfort and entertaining. If features spacious living areas, charming architectural detail a stunning wrap around porch and a large yard with a fenced pool. In addition to the main home there is an additional dwelling with 2 bedrooms, 3 living areas, a kitchenette and a half bath Ea. Located in an ETJ with no restrictions this property offers unparalleled flexibility. Whether you are looking to run a business, create rental opportunities, or enjoy multi generational living, this estate is rare to find. Nestled in the stunning Hill Country yet conveniently close to the city, this prime location ensures both tranquility and accessibility. Zoned for top rated Eanes ISD. City water is accessible but property is currently on a well dug to the trinity level. Fenced pool on property. Great location, 15 minutes to downtown Austin and 10 minutes to the Hill Country Galleria. please note that 500 Grace Lane is also listed under commercial and available for purchase as well. 500 Grace Lane is a 1400 soft office building on 1 acre offered at $775K..