WATERFRONT with PRIVATE LAKE ACCESS and a CASITA! This exceptional property offers direct lakefront access and breathtaking water views with the unparalleled freedom of NO HOA. The inviting 2 story main residence spans 1,998 sq ft, thoughtfully designed for comfort and lakeside living. It features 3 spacious bedrooms and 2.5 baths, highlighted by a highly sought after DOWNSTAIRS MASTER SUITE offering convenience and privacy. The main living areas are perfect for relaxing or entertaining while soaking in the serene lake atmosphere. Enhancing this unique offering is a charming, detached LAKEFRONT CABANA (416 sq ft) complete with a full bath. This versatile space boasts incredible views and is ideal as a private guest suite, inspiring home office, art studio, or a tranquil retreat. Imagine morning coffee watching the sunrise over the water, afternoons filled with lake activities right from your doorstep, and evenings enjoying the peaceful ambiance. With a combined living space of over 2,400 sq ft, this property provides ample room for family, guests, and creating lasting memories. No worries if the lake gets lower because this property will border the Guadalupe River and become riverfront, and on top of that a massive green belt is being created housing amazing wildlife and that no one can ever build on! This is more than a home; it's a lifestyle. Don't miss this rare opportunity to own a flexible, multi dwelling waterfront property on Canyon Lake without the restrictions of an HOA. Your lakefront dream awaits! Schedule your private showing today.