10.87 acres. No HOA. Horses allowed. A custom home, pool and rooftop deck with sweeping Hill Country and Pedernales River views. 312 Paleface Point offers the rare chance to own all three parcels in the Deerhaven subdivision, creating a private Spicewood retreat with room to spread out, add future improvements, or simply enjoy the land-while staying close to Lake Travis, golf, wineries and outdoor recreation. The offering includes the 5.75-acre homesite plus two adjoining parcels of approximately 2.49 and 2.63 acres. The 3,060-square-foot home features 4 bedrooms, 3.5 baths, two bedrooms on the main level, two upstairs, and a dedicated office/flex space overlooking the pool and grounds. The kitchen opens to the living area with granite counters, stainless appliances, Thermador 5-burner propane cooktop and double ovens, cherry cabinetry and a center island. A two-story stone fireplace anchors the living space. The primary suite includes double vanities, separate walk-in closets, a garden tub and sealed steam shower with dual shower heads. The oversized garage is insulated, heated and cooled for workshop, gym, studio or hobby use. Outside, enjoy a pool with fountains, stand-alone hot tub, 20x20 outbuilding and rooftop observation deck with expansive Hill Country and Pedernales River views. The acreage provides room for recreation, future improvements, privacy and open space. Infrastructure includes a private well with 2,500-gallon storage and booster pump, septic, water softener, underground propane tank, and gutterwork completed for potential rainwater collection. Nearby, Lake Travis, Pace Bend Park, Muleshoe Bend and Grelle Recreation Area offer boating, hiking, biking, camping and equestrian trails, with Barton Creek Lakeside, Lakecliff, Austin Golf Club, wineries and distilleries also close by. The planned Thomas Ranch development is nearby. For buyers seeking less acreage, the residence and 5.75-acre Lot 1 are also offered separately under MLS #9613242.