2551 Lakeshore Dr is the kind of property that rarely comes to market because it offers more than a home. It offers options. Set near the water with lake views and located .3 mi from Boat Ramp 22, this unique property blends everyday comfort, exceptional utility, and real income-producing flexibility. The 2,525 square foot residence is paired with two fully finished, air-conditioned 1,200 square foot shops, bringing the property to nearly 5,000 square feet of finished space. With no HOA and short-term rentals allowed, the possibilities here are unusually wide. Whether envisioned as a private residence with supplemental rental income, a live-work setup, a hobbyist's dream, a storage-based revenue opportunity, or a multigenerational retreat, this property is designed to adapt. One shop is ideal for conversion into detached living quarters, premium toy storage, or a business space suited for uses such as woodworking, paint and repair, or other hands-on ventures. The second shop is attached and already outfitted with built-ins, making it immediately functional for storage, workspace, or operational use. Both feature bathrooms, HVAC, and 220 lines for serious capability. One also contains it own washer and dryer set up. A 14-foot door and separate exterior RV parking with hookups add even more versatility for owners, guests, or rental use. Beyond its functional appeal, the lifestyle here is just as compelling. The outdoor living experience is thoughtfully elevated with a pool and spa, 450 sq ft covered living space with fireplace, an outdoor kitchen, remote shades that automatically retract in high winds, a Pioneer sound system running throughout the outdoor living areas, house, and shops, propane service and gas cooking. This is not simply a lake-area property. It is a strategic opportunity for the buyer who wants lifestyle, freedom, and the kind of flexible real estate that can serve personal enjoyment and practical return at the same time.
Bedrooms
3
Bathrooms
5
Square Feet
2,525
Lot Size
0.4592 acres
Year Built
2022
Garage
4 car
Stories
2
Tax Assessed
$775,950 (2025)
Property Tax
$11,637.49/yr (2025)
Type
Single Family
Status
Active
Shapiro Group
Last checked 2h ago.
As assigned by the MLS listing; verify with the district.
2551 Lakeshore Dr
Canyon Lake, TX 78133
Loan Term
Est. Monthly Payment
$8,399
Property tax is the county's 2025 bill of $11,637, not an estimate.
Estimates based on 6.5% rate. Actual payments may vary.
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