~1.5M PRICE REDUCTION FROM ORIGINAL LIST PRICE! Fantastic waterfront opportunity set on 2.04 acres on Lake Austin. Enjoy the waterfrontage and private views looking out across the lush rolling hills of Emma Long Park. Equidistant to Westlake and Bee Caves, you will have access to all the shopping, dining and entertainment you could want. The level property hosts a modern lakeside bungalow, private boat dock, party deck and comes with two sets of plans to construct a spectacular main residence. The Ryan Street Architects designed lake cabin is a showpiece on its own, with a wall of steel-framed windows opening up to the water. A huge, two-level shaded deck is cantilevered out over a boat dock and the water. The sleek, modern lake cabin features polished concrete floors, shiplap ceiling accents and fresh white walls so the focus is on the view. The kitchen is a perfect space to whip up waterside snacks or an elegant alfresco dinner on the patio off the living room. The cabin also includes a large, secured storage space under the dwelling. Two sets of Ryan Street Architect plans (one permitted, one previously permitted) are a perfect starting place to create your dream home and save months in development time. See plan options in the "MORE INFO" tab, or inquire for details. One set of the plans and renderings are not fully permitted by the City of Austin. All parties should independently verify planning and building specifics with the appropriate agencies. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.