Wow! Rare opportunity to purchase a prime Legacy Property in highly sought Blue Lake Estates! This choice piece of gorgeous waterfront real estate has been closely held by the same family for many years and is being offered for sale for the first time. Approximately 200 feet of wide-open waterfront on the Sandy arm of Lake LBJ with gently rolling lawn down to the water. This tract is covered in some of the biggest, old-growth live oak trees I have ever seen on Lake LBJ, which provide ample shade over the lush green lawn in this dreamy waterfront setting. 1960s built cabin has 2 bedroom, 3.5 baths and overlooks this gorgoues property with tall glass windows to bring the lake and trees inside the living room. The home is original but very livable to get you started at the lake. Great location just a short golf cart ride away from the Blue Lake Golf Club a true hidden gem in the Texas Hill Country. Blue Lake Estates is the closest part of Lake LBJ to Austin and San Antonio and is located inside the City of Horseshoe Bay but outside the main resort area, offering increased privacy in this exclusive community. Great mix of open water with a nice, cove protected area plus sandy bottom that is easy on the feet and ideal for swimming. Opportunities to purchase properties like this are few and far between. Do yourself a favor and make the trip up to see what all the hype is about. This one is special! Opportunity to purchase an additional 5 acres across the street!