*MULTI GENERATIONAL ESTATE!* Welcome to a dream Lake Travis retreat! Perfectly positioned deep water, this incredible property blends functionality and flexibility across two distinct structures—making it ideal for multigenerational living, entertaining, or short-term rental income. The main residence offers approximately 3,573 square feet of thoughtfully designed living space, featuring 5 spacious bedrooms, 3 full bathrooms, and an attached 2-car garage. The open-concept floor plan has natural light and sweeping views of the lake and Hill Country into the living areas and primary bedrooms. Step out onto multiple decks and take in the scenery or relax in your private pool and hot tub after a day on the water. Just steps away—an easy 40-step walk to the shoreline—you’ll find your FLOATING private boat dock ready for lake adventures in deep, reliable water year-round. The second structure is an oversized detached garage with 4 stalls (including one that’s over 40 feet deep—perfect for boats, trailers, or RVs). This garage features 50-amp service and a 1-ton push trolley on a 12” steel I-beam, making it a dream setup for hobbyists or those needing serious storage and workspace. Above the garage is a professionally finished 1,200-square-foot guest quarters, complete with 2 bedrooms, 2 bathrooms, kitchen, and living area—all recently renovated with beautiful, modern farmhouse finishes. This versatile space is ideal for guests, in-laws, or as a short-term rental opportunity. Located in the heart of Lago Vista, a golf cart-friendly community known for its coveted lakeside lifestyle, excellent schools, and easy access to Austin’s Hill Country charm—this property makes every day feel like a vacation. Whether you're looking for a full-time residence, a luxurious getaway, or an income-generating investment, this home offers it all. Buyer's agent to verify all information.