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4 Beds
3 Baths
2,196 sqft

$699,900

515 E Island Drive, Bluffton TX, 78607

Price per sqft$318.72
Built in1984
Property size2,196 sqft
Property typeResidential
Courtesy of The Mannings Realty Group- eXp, Listing Contact:

Overview

Active

Listed Mar 31, 2026

Updated 3 weeks ago

Welcome to 515 E Island Dr—an exceptional opportunity to own generational waterfront on Lake Buchanan’s coveted Shaw Island, where only a select few properties are surrounded by water on all sides.Set on approximately 0.51 acres in Bluffton, Texas, this 4-bedroom, 3-bath retreat is designed to capture the lake from nearly every angle. Expansive windows frame panoramic views, filling the home with natural light & creating a seamless indoor-outdoor connection. The open-concept kitchen & living area offer an inviting space for entertaining or relaxing, all with the water as your constant backdrop. Multiple bedrooms provide peaceful, private retreats with stunning views. An attached guest house adds flexibility and value, featuring its own open-concept layout, private bedroom, & full bath with a striking walk-in shower-ideal for hosting guests,family, or a secluded escape. Step outside to your waterfront setting, where a sprawling backyard, expansive patio, & outdoor fireplace create the perfect environment for entertaining or unwinding as Hill Country sunsets stretch across the lake. Lot 100 directly across the street is included, offering additional space & a place to build a shop to store all of your lake toys! Located near Burnet, enjoy easy access to boating, fishing, & top Hill Country attractions, including Inks Lake State Park, Longhorn Cavern, wineries, golf, and local dining.

$4,656/mo

Est. mortgage payment based on a $699,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
177270

Interior Features

Bedrooms
4
Bathrooms
3
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.51 Acres

Other Property Details

View
Yes
Pool
Yes
Waterfront
Yes

Listings courtesy of Highland Lakes Association of REALTORS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jim Banks shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 3:32 AM UTC on 9/18/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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