Discover an incredible opportunity to own a versatile, income-producing retreat in the heart of Canyon Lake—with beautiful lake views. This updated 5-bedroom, 4-bathroom property offers over 3,300 square feet of thoughtfully designed living space, perfect for both relaxing and entertaining. Inside, you’ll find high ceilings, modern finishes, and two primary suites, one of which features a private kitchenette—ideal for guests, multigenerational living, or rental flexibility. The home also offers spacious living areas and a well-appointed kitchen with stainless steel appliances. An elevator lift adds convenience and accessibility across multiple levels. Step outside to enjoy wraparound porches and multiple decks, ideal for taking in the serene lake scenery and Hill Country surroundings. The property also includes a sport court/basketball area and ample boat/RV storage with a large garage, making it perfect for full-time living or weekend getaways. Situated on a 0.27-acre lot, this home offers the perfect blend of comfort, recreation, and investment potential—whether used as a primary residence, vacation home, or short-term rental.