5400 Fall Creek Highway, Granbury, TX 76049

Large, gated waterfront tracts on Lake Granbury almost never come to market, and 5400 Fall Creek Hwy is a true once-in-a-generation opportunity. The property spans 16.79 park-like acres with 418 linear feet of main-body shoreline, so you get open water, room to spread out and wide sunset views across the lake. A 12,403-square-foot contemporary estate anchors the land. It can be renovated into a private lakefront residence or used as the centerpiece of a larger plan. The scale opens up a long list of uses: a boutique resort or lake lodge, a luxury short-term rental retreat, a wedding and event venue, a corporate retreat center, a lakeside restaurant and entertainment destination, waterfront homesites, a gated lake community, or a legacy family compound with room for guest houses, a boathouse and recreation. Main-body frontage gives direct access to the most usable water on the lake for boating, fishing and watersports, and the gated entry, mature grounds and existing improvements give...