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For sale
    • Price cut: $345K (8/7)
    $1,650,000

    5671-5681 Dorothy Ln #5660, Little Elm, TX 75068

    8beds
    4,029sqft
    : 
    $11,869/mo
    Get pre-qualified
    Single Family Residence
    Built in 1961
    0.85 Acres Lot
    $-- Zestimate®
    $410/sqft
    $-- HOA

    What's special

    Modern finish-outsPrivate electric-gated lakefront compoundOutdoor gathering areasFishing equipmentQuiet cul-de-sacWater toy storageSwim platforms
    NEW LOWER PRICE! Removed property (lot 37) outside gate. RARE LAKEFRONT INVESTMENT PORTFOLIO - PRIVATE COMPOUND - DEVELOPMENT OPPORTUNITY - LEWISVILLE LAKE Exceptional opportunity to acquire 6 contiguous lakefront lots on Lewisville Lake, featuring 3 fully renovated single-family residences with immediate income potential and future redevelopment upside. Renovated in 2022, all 3 homes were taken to the studs and updated with modern finish-outs, new HVAC systems, water heaters, and major system improvements—creating a turnkey portfolio with reduced near-term capital needs. Currently operating as established short-term rentals, the properties offer multiple income streams while preserving flexibility for continued rental operations, redevelopment, expansion, or long-term hold. The three residences are located within a private electric-gated lakefront compound at the end of a quiet cul-de-sac, creating an exclusive retreat setting rarely found on Lewisville Lake. Two homes offer unobstructed lake views, while the remaining residence provide privacy and flexibility. Owners and guests enjoy access to nearly .8 acres of lakefront recreation with resort-style amenities including a hot tub, water toy storage, kayaks, fishing equipment, swim platforms, and outdoor gathering areas. Property Details: 5861 Dorothy Ln – 1,524 SF, 4 Bed 3 Bath 7,500 SF Lot 5671 Dorothy Ln – 1,645 SF, 3 Bed 2 Bath 7,950 SF Lot 1208 Dorothy Ln – 837 SF, 2 Bed 1 Bath 5,000 SF Lot Lakewood Village continues to transform as older lake homes are redeveloped into premium waterfront properties, creating a rare opportunity to secure substantial lake frontage before future appreciation. Ideal as a turnkey investment, private family compound, luxury retreat, or development opportunity. PRICE REDUCTION AS A RESULT OF TAKING OUT PARCEL R44604 AND SELLING SEPARATELY. YOU CAN STILL PURCHASE 5660 DOROTHY WITH THESE HOMES AS WELL. MLS #
    64 days
    872
    46

    Zillow last checked:

    Listing updated:

    Listed by:

    Christine Crandall Hamparyan 0808027,

    Christie's Lone Star 214-821-3336

    Source: NTREIS,MLS#: 21311472

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Second
      • Dimensions: 14 x 12
      Bedroom
      • Level: First
      • Dimensions: 10 x 12
      Living room
      • Level: First
      • Dimensions: 16 x 12
      Heating
      • Central, Propane
      Cooling
      • Multi Units
      Appliances
      • Included: Dishwasher, Electric Cooktop, Disposal, Microwave, Washer
      Features
      • Chandelier, Cathedral Ceiling(s), Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, High Speed Internet, Kitchen Island, Loft, Cable TV
      • Flooring: Ceramic Tile, Engineered Hardwood
      • Windows: Skylight(s)
      • Has basement: No
      • Number of fireplaces: 2
      • Fireplace features: Living Room, Masonry
      Interior area
      • Total interior livable area: 4,029 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 7
      • Parking features: Additional Parking, Common, Carport, Driveway, Gravel, Gated, Private
      • Carport spaces: 7
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Front Porch, Patio
      • Exterior features: Fire Pit, Private Entrance, Storage
      • Pool features: None
      • Spa features: Community
      • Fencing: Gate,Metal,Wood
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Waterfront features: Beach Access, Lake Front
      • Body of water: Lewisville
      Lot
      • Size: 0.85 Acres
      • Features: Acreage, Back Yard, Cul-De-Sac, Irregular Lot, Lawn, Many Trees, Retaining Wall
      Details
      • Additional structures: Bunkhouse, Guest House, Second Residence, Residence, Shed(s), Storage, Workshop
      • Parcel number: R44546
      • Other equipment: Varies by Unit

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other
      • Property subtype: Single Family Residence
      Materials
      • Frame, See Remarks
      • Foundation: Pillar/Post/Pier
      • Roof: Composition
      Condition
      • Year built: 1961

      Utilities & green energy

      • Sewer: Septic Tank
      • Utilities for property: Electricity Connected, Septic Available, Sewer Not Available, Cable Available

      Community & HOA

      Community
      • Features: Fishing, Fenced Yard, Gated, Other, Lake
      • Subdivision: Rocky Point
      HOA
      • Has HOA: No
      Location
      • Region: Little Elm

      Financial & listing details

      • Price per square foot: $410/sqft
      • Date on market: 6/25/2026
      • Cumulative days on market: 50 days
      • Listing terms: Other
      • Exclusions: Purchase price excludes all furnishings and hot tub. Seller is open to negotiating the sale of all furnishings and personal property separately.
      • Road surface type: Dirt, Gravel

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/7/2026Price change$1,650,000-17.3%$410/sqft
        Source: NTREIS #21311472 Report a problem
        6/25/2026Listed for sale$1,995,000$495/sqft
        Source: NTREIS #21311472 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 75068

        Getting around

        7 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Oak Point
        • Middle: Jerry Walker
        • High: Little Elm
        • District: Little Elm ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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