A rare combination of usable acreage, existing infrastructure, substantial improvements, Lake Travis access, and long-term flexibility in the Texas Hill Country. This 2.8-acre property in gated Ridge Harbor on the south shore of Lake Travis offers space, privacy, and the ability to adapt the property to a variety of future plans. The acreage offers flexibility in the placement of a future residence, including an area beyond a mature cedar grove that can remain naturally screened for privacy or be selectively cleared for a more open estate-style setting. A separate water and sewer tap is already in place, giving future construction a meaningful head start. Existing driveway access is from the county road, with future driveway access also available from within the gated Ridge Harbor community. Adding significant value is an existing approx. 3,872 SF heated/cooled barndominium-style structure with 5 bedrooms, 3 full baths, and a large garage/workshop area with room for vehicles, boats, RVs, equipment, hobbies, and storage. These improvements provide immediate functionality while also creating possibilities that are difficult to duplicate with unimproved acreage. A rare head start toward creating a true Hill Country estate. Ridge Harbor residents enjoy private Lake Travis access, two boat launches, marina, waterfront park, pool, tennis, and pickleball. A favorable 1.32% tax rate adds to the appeal. The Spicewood location puts you near boating, fishing, golf, wineries, breweries, hiking, and Muleshoe Bend Recreation Area, with convenient access to Lakeway, Bee Cave, Marble Falls, and Austin. Per HOA, minimum home size is 2,500 SF and subdivision may be possible. Buyer to verify all building plans, utilities, restrictions, permitting, subdivision potential, access, and approvals. Whether enjoyed as-is, expanded over time, or developed with a new primary residence, this is a property with the space and infrastructure to evolve with the next owner's plans.