Sue Milam Reed, Broker Associate

1155 Blue Water, Canyon Lake, TX 78133

$2,995,000
  • 1155 Blue Water, Canyon Lake, TX 78133 Main Photo

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Price Change Price Reduced by $300,000 on March 3rd, 2026
BEDS6 BATHS6 full 1 partial SQUARE FEET6,426 MLS#1938426
STATUSPrice Change PROPERTY TYPEResidential - Single Family SUBDIVISIONRust Acres SCHOOLComal

Property Description

Welcome to your private oasis on the stunning shores of Canyon Lake, Texas-a rare multi-million dollar waterfront estate nestled in the heart of the Texas Hill Country between San Antonio and Austin. This exceptional Comal County luxury property boasts an expansive 4.54 acres with a breathtaking 385+/- feet of pristine waterfront, offering unparalleled privacy, seclusion, and the ultimate lakefront lifestyle. Step into this exquisite 5-bedroom, 5.5-bathroom luxury lake home where every detail has been meticulously crafted for comfort, elegance, and entertaining. This two-story waterfront masterpiece in the highly sought-after Comal School District features spacious living areas with soaring ceilings and panoramic lake views that capture the essence of Hill Country lakefront living. The gourmet chefs kitchen is an entertainers dream, showcasing top-of-the-line appliances, custom cabinetry, and sophisticated design perfect for hosting gatherings large and small. Gorgeous hardwood floors flow throughout the home, while smart home lighting and Sonos sound system integration provide modern convenience and ambiance. Each of the five bedrooms features its own private en-suite bathroom, ensuring comfort and privacy for family and guests alike. The opulent master suite encompasses the entire second story, creating a luxurious private retreat complete with a spa-like ensuite bathroom featuring his and hers closets, a flexible bonus space, and a private balcony overlooking the serene waters of Canyon Lake. Additional amenities include a dedicated billiard room and countless custom touches that make this Central Texas waterfront property truly exceptional for year-round Canyon Lake living. GUEST HOUSE | 660 SQ FT LAKEFRONT CASITA-The charming guest house provides a cozy retreat for extended family or visitors, featuring one bedroom and one full bathroom. This waterfront casita includes a stunning glass shower and a claw-foot tub positioned to overlook the lake, ensuring privacy and comfort while maintaining the luxury aesthetic of the main estate. Outdoor living takes center stage at this Hill Country lake estate. Dive into the luxurious pool with sweeping lake views, perfect for enjoying sunny Texas days and warm evenings with loved ones. The oversized outdoor kitchen is ideal for al fresco dining and lakeside entertaining, while the expansive patio provides ample space for lounging and celebrations throughout the year. ENTERTAINMENT BARN | 2,000 SQ FT EVENT VENUE- Prepare to be amazed by the propertys crown jewel-a 2,000 square-foot barn thoughtfully converted into a full dance hall and bar, making this the most unique entertainment venue on Canyon Lake. Equipped with a professional stage, sound equipment, and dazzling lighting, this one-of-a-kind space is perfect for hosting unforgettable weddings, corporate retreats, family reunions, and celebrations. The barn also features a living space and bedroom upstairs, adding versatility to

1155 Blue Water | MLS# 1938426

This single family home located at 1155 Blue Water, Canyon Lake, TX 78133 is currently listed for sale with an asking price of $2,995,000. This property was built in 2003 and has 6 bedrooms and 6 full and 1 partial baths with 6426 sq. ft. Blue Water is located in the Rust Acres subdivision within the Comal school district. Search Rust Acres real estate on suemilamreed.kellyrealtors.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Three+ Central, Zoned, Other
Fireplaces: 2
Fuel Type: Other
Heating: Other
Home Style: Split Level, Ranch
Lot Size: 2.51 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $19,423
Year Built: 2003

Feature Descriptions

Builder Name: Unkown
Days on Site: 31
Exterior: Covered Patio, Gas Grill, Deck/Balcony, Sprinkler System, Mature Trees, Detached Quarters, Additional Dwelling, Outdoor Kitchen, Water Front Improved
Exterior: 4 Sides Masonry, Stone/Rock, Stucco
Fireplace: Two
Flooring: Carpeting, Ceramic Tile, Wood
Foundation: Slab
HOA Mandatory: No
Inclusions: Ceiling Fans, Chandelier, Washer Connection, Dryer Connection, Cook Top, Self-Cleaning Oven, Microwave Oven, Stove/Range, Gas Cooking, Refrigerator, Disposal, Dishwasher, Ice Maker Connection, Water Softener (owned), Security System (Owned), Garage Door Opener, Solid Cou
Interior: Two Living Area, Separate Dining Room, Eat-In Kitchen, Island Kitchen, Walk-In Pantry, Study/Library, Game Room, Utility Room Inside, Open Floor Plan, Skylights, Cable TV Available, High Speed Internet, Laundry Main Level, Walk in Closets
Lot: Lakefront, On Waterfront, County VIew, Water View,2 - 5 Acres, Secluded, Gently Rolling, Improved Water Front, Canyon Lake
Neighborhood Amenities: Waterfront Access, Boat Ramp
Parking: Four or More Car Garage, Attached
Pool/Spa: In Ground Pool
Security: yes
Swimming Pool: Yes
Tax By Multiple Counties: No
Type: Single Family Detached
Water/Sewer: Septic, Other
Windows: All Remain

Room Sizes

Bedroom 2: 13 X 12
Bedroom 3: 13 X 12
Bedroom 4: 13 X 12
Bedroom 5: 14 X 12
Kitchen: 20 X 18
Dining Room: 18 X 14
Family Room: 20 X 24

Local Schools

High School: Call District
Middle School: Call District
Elementary School: Call District
School District: Comal

Listed By / Shown By

Listed By

Agency Name: Keller Williams Heritage
Agency Phone: (210) 493-3030

Shown By

Agent Name: Sue Milam Reed, Broker Associate
Agent Phone: (254) 744-3364
Agency Title: Kelly, Realtors
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447

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Estimated Payment

$ 9,157.70 per month $6,665.57 Principal & Interest $1,618.58 Property Tax $873.54 Homeowner's Insurance

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