There are waterfront properties on Canyon Lake, and then there is this one. Four and a half acres. Three hundred and eighty five feet of pristine Comal County shoreline. A fully furnished, turn key luxury estate with a main residence, a lakefront guest casita, a pool with sweeping lake views, and a 2,000 square foot converted entertainment barn complete with a professional stage, full bar, dance floor, and sound and lighting equipment that rivals dedicated event venues. This is not a home with a lake view. This is a private compound built around the water, designed for a life that most people only imagine. The main residence is a two story, 5 bedroom, 5.5 bathroom lakefront home where panoramic Canyon Lake views anchor every principal living space. Soaring ceilings, gorgeous hardwood floors throughout, smart home lighting integration, and a whole home Sonos sound system establish the tone before you ever step onto the water. The gourmet kitchen is built for entertaining at scale with top of the line appliances, custom cabinetry, and a layout that keeps the host connected to the gathering rather than hidden behind a wall. Every one of the five bedrooms has its own private en suite bathroom, a detail that matters deeply when the house is full of family or guests and everyone wants their own space without negotiation. The entire second story belongs to the primary suite, an expansive private retreat with a spa caliber bathroom, his and hers closets, a flexible bonus space, and a private balcony positioned directly over the water. A dedicated billiard room and custom touches throughout complete the interior picture of a home that was designed with intention at every turn. The 660 square foot lakefront casita handles overflow guests, extended family, or a private creative retreat with a bedroom, a full bathroom featuring a glass shower, and a freestanding claw foot tub positioned to look directly out over Canyon Lake. It maintains the luxury standard of the main estate while giving guests a completely independent experience that does not require walking through the main house. Outside, the resort caliber pool overlooks the lake and the oversized outdoor kitchen creates an al fresco dining and entertaining setup that works equally well for a quiet family dinner and a full scale lakeside celebration. Three hundred and eighty five feet of private waterfront gives you the kind of direct water access that Comal County buyers have been searching for, with room for a full dock setup, watercraft storage, and the kind of lake life that fills a calendar from April through October and beyond. The entertainment barn is the detail that sets this estate completely apart from anything else on Canyon Lake. Two thousand square feet thoughtfully converted into a full dance hall and bar with a professional stage, sound equipment, and event lighting. Weddings, corporate retreats, family reunions, milestone celebrations, and private concerts all have a home here without renting a venue, without coordinating logistics offsite, and without compromising on quality. A living space and bedroom upstairs add versatility that opens the barn to additional uses beyond events. There is nothing else like it on this lake. Positioned between San Antonio and Austin in the heart of the Texas Hill Country, this estate delivers the seclusion of a private retreat with reasonable access to two major metros, world class dining, and cultural attractions in both directions. Sold turn key with only a handful of seller exclusions, the barriers between closing and enjoying this property are as low as they get for an estate of this caliber. Canyon Lake waterfront acreage at this scale, with this footage, this many structures, and this level of finish does not come to market often. When it does, it does not wait. This is the property you tour once and think about for a long time if you let it pass.
For sale
Price cut: $150K (6/9)
$2,845,000
1155 Blue Water, Canyon Lake, TX 78133
6beds
6,426sqft
Single Family Residence
Built in 2003
4.5 Acres Lot
$-- Zestimate®
$443/sqft
$-- HOA
What's special
Gorgeous hardwood floors throughoutOversized outdoor kitchenCustom touches throughoutFlexible bonus spaceFull barDance floorHis and hers closets
- 208 days
- 540
- 30
Zillow last checked:
Listing updated:
Listed by:
Michael Schultz TREC #612159 (210) 493-3030,
Keller Williams Heritage
Source: LERA MLS,MLS#: 1938426
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Primary bedroom
- Features: Outside Access, Sitting Room, Walk-In Closet(s), Multi-Closets, Ceiling Fan(s), Full Bath
- Level: Upper
- Area: 255
- Dimensions: 17 x 15
Bedroom
- Area: 216
- Dimensions: 18 x 12
Bedroom 2
- Area: 156
- Dimensions: 13 x 12
Bedroom 3
- Area: 156
- Dimensions: 13 x 12
Bedroom 4
- Area: 156
- Dimensions: 13 x 12
Bedroom 5
- Area: 168
- Dimensions: 14 x 12
Primary bathroom
- Features: Tub/Shower Separate, Separate Vanity
- Area: 160
- Dimensions: 10 x 16
Dining room
- Area: 252
- Dimensions: 18 x 14
Family room
- Area: 480
- Dimensions: 20 x 24
Kitchen
- Area: 360
- Dimensions: 20 x 18
Heating
- Other
Cooling
- Three+ Central, Zoned, Other
Appliances
- Included: Cooktop, Self Cleaning Oven, Microwave, Range, Gas Cooktop, Refrigerator, Disposal, Dishwasher, Plumbed For Ice Maker, Water Softener Owned
- Laundry: Main Level, Washer Hookup, Dryer Connection
Features
- Two Living Area, Separate Dining Room, Eat-in Kitchen, Kitchen Island, Pantry, Study/Library, Game Room, Utility Room Inside, Open Floorplan, High Speed Internet, Walk-In Closet(s), Ceiling Fan(s), Chandelier, Solid Counter Tops, Custom Cabinets
- Flooring: Carpet, Ceramic Tile, Wood
- Windows: Window Coverings, Skylight(s)
- Has basement: No
- Number of fireplaces: 2
- Fireplace features: Two
Interior area
- Total interior livable area: 6,426 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Four or More Car Garage, Attached, Garage Door Opener, RV/Boat Parking, Bus/RV Garage, Open
- Attached garage spaces: 4
Features
- Levels: Multi/Split
- Stories: 1
- Patio & porch: Covered, Deck
- Exterior features: Gas Grill, Sprinkler System, Outdoor Kitchen
- Has private pool: Yes
- Pool features: In Ground
- Has view: Yes
- View description: County VIew
- Has water view: Yes
- Water view: Water
- Waterfront features: Lake Front, Waterfront, Improved Water Front, Water Front Improved
- Body of water: Canyon Lake
Lot
- Size: 4.5 Acres
- Features: 2 - 5 Acres, Secluded, Rolling Slope
- Residential vegetation: Mature Trees
Details
- Additional structures: Detached Quarters, Second Residence
- Parcel number: 480810000100
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- 4 Sides Masonry, Stone, Stucco
- Foundation: Slab
- Roof: Metal
Condition
- Pre-Owned
- New construction: No
- Year built: 2003
Utilities & green energy
- Sewer: Septic
- Utilities for property: Cable Available, Private Garbage Service
Community & HOA
Community
- Features: Waterfront Access, Boat Ramp
- Security: Security System Owned
- Subdivision: Rust Acres
Location
- Region: Canyon Lake
Financial & listing details
- Price per square foot: $443/sqft
- Tax assessed value: $2,263,539
- Annual tax amount: $19,423
- Price range: $2.8M - $2.8M
- Date on market: 2/2/2026
- Cumulative days on market: 209 days
- Listing terms: Conventional,1st Seller Carry,2nd Seller Carry,Seller Req/Qualify,Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Price change | $2,845,000-5%$443/sqft |
Source: | ||
| 3/3/2026 | Price change | $2,995,000-9.1%$466/sqft |
Source: | ||
| 2/2/2026 | Listed for sale | $3,295,000+1.4%$513/sqft |
Source: | ||
| 12/3/2025 | Listing removed | $3,250,000$506/sqft |
Source: | ||
| 6/19/2025 | Price change | $3,250,000-15.6%$506/sqft |
Source: | ||
| 5/8/2025 | Price change | $3,850,000-7.1%$599/sqft |
Source: | ||
| 2/5/2025 | Price change | $4,145,000-10.8%$645/sqft |
Source: | ||
| 8/2/2024 | Price change | $4,645,000-5.1%$723/sqft |
Source: | ||
| 5/16/2024 | Listed for sale | $4,895,000+404.6%$762/sqft |
Source: | ||
| 4/5/2013 | Listing removed | $970,000$151/sqft |
Source: Coldwell Banker D'Ann Harper Realtors #183494 Report a problem | ||
| 10/16/2012 | Sold | -- |
Source: | ||
| 10/5/2012 | Price change | $970,000+13.5%$151/sqft |
Source: Coldwell Banker D'Ann Harper Realtors #183494 Report a problem | ||
| 10/2/2012 | Price change | $854,432-11.9%$133/sqft |
Source: Coldwell Banker D'Ann Harper Realtors #921941 Report a problem | ||
| 9/10/2012 | Price change | $970,000+13.5%$151/sqft |
Source: Coldwell Banker D'Ann Harper Realtors #921941 Report a problem | ||
| 9/6/2012 | Price change | $854,432-11.9%$133/sqft |
Source: Coldwell Banker D'Ann Harper Realtors #921941 Report a problem | ||
| 8/11/2012 | Price change | $970,000+13.5%$151/sqft |
Source: Coldwell Banker D'Ann Harper Realtors #921941 Report a problem | ||
| 6/28/2012 | Price change | $854,432-9.1%$133/sqft |
Source: Coldwell Banker D'Ann Harper Realtors #921941 Report a problem | ||
| 5/21/2012 | Price change | $939,999+10%$146/sqft |
Source: Coldwell Banker D'Ann Harper Realtors #921941 Report a problem | ||
| 4/23/2012 | Price change | $854,432-9.1%$133/sqft |
Source: Coldwell Banker D'Ann Harper Realtors #921941 Report a problem | ||
| 4/21/2012 | Price change | $939,999+0.5%$146/sqft |
Source: Coldwell Banker D'Ann Harper Realtors #921941 Report a problem | ||
| 4/9/2012 | Price change | $934,999-0.5%$146/sqft |
Source: Coldwell Banker D'Ann Harper Realtors #183494 Report a problem | ||
| 3/24/2012 | Price change | $939,999-6%$146/sqft |
Source: Coldwell Banker D'Ann Harper Realtors #183494 Report a problem | ||
| 2/16/2012 | Price change | $999,999+5.8%$156/sqft |
Source: Coldwell Banker D'Ann Harper Realtors #921941 Report a problem | ||
| 2/14/2012 | Price change | $944,999-5.5%$147/sqft |
Source: Coldwell Banker D'Ann Harper Realtors #921941 Report a problem | ||
| 1/18/2012 | Price change | $999,999+5.3%$156/sqft |
Source: Coldwell Banker D'Ann Harper Realtors #921941 Report a problem | ||
| 1/9/2012 | Listed for sale | $949,999$148/sqft |
Source: Coldwell Banker D'Ann Harper Realtors #921941 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $29,648 +28.7% | $1,976,818 +26.5% |
| 2024 | $23,033 | $1,562,940 +20% |
| 2023 | -- | $1,302,450 |
| 2022 | $21,926 +9.9% | $1,302,450 +17.2% |
| 2021 | $19,954 +22.3% | $1,111,690 +22% |
| 2020 | $16,321 -11.8% | $911,320 -8.5% |
| 2019 | $18,513 -1.3% | $996,440 +1.3% |
| 2018 | $18,761 | $983,520 +3.4% |
| 2017 | -- | $950,960 +2.2% |
| 2016 | $17,420 +26.5% | $930,100 +19.3% |
| 2015 | $13,776 | $779,920 +6% |
| 2014 | $13,776 | $735,520 +14.2% |
| 2013 | -- | $644,340 +2.3% |
| 2012 | -- | $630,160 -12.3% |
| 2011 | -- | $718,870 +6.3% |
| 2010 | -- | $676,110 -9.8% |
| 2009 | -- | $749,450 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | $398,020 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 78133
Nearby schools
Schools provided by the listing agent
- District: Comal
Source: LERA MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








