Embrace tranquil lake life at 516 Island Lodges, a luxury Lake Buchanan waterfront home near Austin, Fredericksburg, & San Antonio. Remodeled and expanded in 2023 (including a new septic system), this singlelevel custom retreat offers approx. 136ft of deepwater prime shoreline. Walls of sliding glass and picture windows fill the openconcept main house with light, frame sweeping water and Hill Country views. Enjoy a gourmet kitchen with quartz countertops and island, dining and living areas, and two ensuite bedrooms (one fully handicap accessible) plus roomy office/den. Off the den, the lake-facing half bath allows direct access to and from the hot tub and lake areas. A detached casita with kitchenette, living area and bedroom offers multi living and STR income potential. Each dwelling has its own HVAC and water heater, a RO filtration system and a shared propane-fueled Generac whole home generator. Outside, soak in the hot tub on the lakeside patio, relax under mature oaks or head to your covered dock with electric lift and fish cleaning station. A private HOA boat launch rounds out this 0.29acre oasis. Whether you crave quiet vacations, watersports or an investment property, this deepwater gem combines classic lake living with modern luxury.