23617 Indian Divide Cv, Spicewood, TX, 78669
About This Home
Experience luxury Hill Country living at an exceptional value in this private 2.5-acre waterfront estate. Exceptional waterfront opportunity on the Pedernales River! This stunning Mediterranean estate offers luxury, privacy, and incredible value in one of the area’s most sought-after communities. Featuring 5 bedrooms, a wine cellar, resort-style pool, and two primary suites, the home is designed for both everyday comfort and elevated entertaining. A newly constructed private boat dock provides direct river access, perfect for relaxing, kayaking, or enjoying the natural beauty of the Hill Country. Situated at the end of a quiet cul-de-sac, a private drive leads to this secluded retreat set on 2.5 acres of beautifully landscaped grounds. Enjoy poolside gatherings, then take a short walk down to the water for peaceful sunset views. The expansive acreage offers a rare sense of space and exclusivity while still being conveniently located near Lake Travis amenities. Located minutes from the future Highland Lakes High School, this property blends a serene, ranch-style setting with access to top-tier schools. Priced to reflect an outstanding opportunity, this home delivers exceptional value for waterfront living with acreage, privacy, and premium features—making it as smart an investment as it is a beautiful place to call home.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 2006
Materials
- Foundation: Slab
- Roof: Tile
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Gas Cooktop,Double Oven,Refrigerator
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Features
- Bar,Bookcases,Breakfast Bar,High Ceilings,Granite Counters,Crown Molding,Double Vanity,Electric Dryer Hookup,Interior Steps,Kitchen Island,Multiple Living Areas,Open Floorplan,Pantry,Recessed Lighting,Soaking Tub,Storage,Walk-In Closet(s),Washer Hookup
- Window features: None
- Flooring: Carpet,Tile,Wood
- Number of fireplaces: 2
- Fireplace features: Bedroom,Family Room,Primary Bedroom
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 3,965 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 05500902040000
- Special condition: Standard
Features
- Levels: Three Or More
- Stories: 3
- Private pool: Yes
- Pool features: In Ground
- Patio & porch: Covered,Patio,Porch
- Exterior features: Balcony,Barbecue,Boat Dock - Private,Boat Slip,Exterior Steps,Gas Grill,Lighting,Private Entrance,Private Yard
- Spa features: Hot Tub
- Fencing: Partial
- Has view: Yes
- View description: Lake,River
- Has water view: Yes
- Water view: Lake,River
- On waterfront: Yes
- Waterfront features: River Front
- Waterbody name: Pedernales River
Lot
- Lot size: 2.55 Acres
- Features: Cul-De-Sac,Gentle Sloping,Landscaped,Private,Sprinkler - In-ground,Trees-Moderate,Views
Parking
- Total spaces: 3
- Parking features: Additional Parking,Circular Driveway,Detached,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Inland Flooding
- Heat Wave
- Tornado
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,320 | $75,840 |
| Home Insurance * | $649 | $7,788 |
| Property Taxes | $1,779 | $21,348 |
| Electricity | $435 | $5,224 |
| Total | $9,183 | $110,196 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-02 | Listed for sale | $1,250,000 |
| 2025-07-28 | Listing removed | $1,200,000 |
| 2025-07-18 | Price change | $1,200,000 |
| 2025-07-08 | Price change | $1,205,000 |
| 2025-06-30 | Price change | $1,210,000 |
| 2025-06-24 | Price change | $1,215,000 |
| 2025-06-16 | Price change | $1,225,000 |
| 2025-06-11 | Price change | $1,230,000 |
| 2025-06-06 | Price change | $1,240,000 |
| 2025-05-30 | Price change | $1,250,000 |
| 2025-05-26 | Price change | $1,255,000 |
| 2025-05-20 | Price change | $1,275,000 |
| 2025-05-14 | Price change | $1,300,000 |
| 2025-05-06 | Price change | $1,350,000 |
| 2025-03-22 | Listed for sale | $1,499,999 |
| 2024-08-25 | Listing removed | $1,484,000 |
| 2024-08-14 | Price change | $1,494,000 |
| 2024-08-05 | Price change | $1,499,000 |
| 2024-06-28 | Listed for sale | $1,590,000 |
| 2024-03-29 | Contingent | $1,590,000 |
| 2024-02-07 | Price change | $1,590,000 |
| 2023-12-09 | Price change | $1,650,000 |
| 2023-11-16 | Listed for sale | $1,850,000 |
| 2020-08-06 | Sold | -- |
| 2020-06-22 | Pending sale | $1,349,000 |
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