$615,000
For Sale
2018 sqft | 4 beds | 2.5 baths | 0.41 acres | #20988640
Browse 35 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Great investment! Welcome to Five Pines Lake Retreat—a fully furnished, fun, funky lake house on Cedar Creek Lake with a strong track record
as a part-time Airbnb rental. Set on a peaceful 0.41-acre lot with over 200 feet of protected, sandbottom shoreline, this property offers stunning sunset views framed by five towering Mississippi pines. North side of the lake, just 55 minutes
from Dallas. It’s the perfect place to unwind while remaining close to restaurants, groceries, Starbucks, and the main
lake boat ramp just two minutes away. Home features detached cedar party pavilion, turf fire pit area, boat dock, play set, and a large second living space with game room, bunk room, half bath, and lots of attic storage.
Have to walk through guest bedroom to reach master or enter front or back door. A spacious wrap-around deck
connects every room, creating ideal indoor-outdoor flow. The primary suite boasts water views and a spa-like
bathroom. Expanded from 1,200 to 2,100 sqft, the home now sleeps 12-14 comfortably. Even at its smaller size sleeping
8-10 people and only 1,200 sqft in size, it generated over $30K annually through Airbnb. After reopening the calendar with the new game room
and pool table, the home immediately booked 8 nights for $4,500. Large pool room and bunk room can be closed off for airbnb rentals and could only rent out main home portion for smaller groups. Sellers are offering a $7,500 credit to rebuild the wood seawall when lake levels allow. Located in a calm cove perfect for swimming & kayaking, this property offers no boat wake. The area is appreciating fast, with nearby
homes selling for up to $1.4M. The upcoming Pier 334 development—1 min away—will include a Hilton hotel, marina,
restaurants, and live music venue. With two driveways for ample parking, this property is ideal as a lakefront getaway
or income-producing airbnb. Sellers are open to repairs or concessions. No agent needed to view home. Come check out the Five Pines Retreat!

  • Interior Details
      • InteriorDecorative Designer Lighting Fixtures, Eat In Kitchen, High Speed Internet, Kitchen Island, Pantry, Paneling Wainscoting, Cable
    • Heating & Cooling
      • CoolingCentral Air
      • HeatingCentral
    • Beds & Baths
      • Bathrooms2.5
      • Bedrooms4
      • Full Baths2
      • Half Baths1
  • Property Details
      • Exterior FeaturesDeck, Dock, Fire Pit, Outdoor Grill, Outdoor Living Area, Other, Playground
      • Exterior MaterialsDeck, Dock, Fire Pit, Outdoor Grill, Outdoor Living Area, Other, Playground
      • Lot FeaturesBack Yard, Lawn, Many Trees, Waterfront, Retaining Wall
      • Lot DescriptionBack Yard, Lawn, Many Trees, Waterfront, Retaining Wall
      • ViewWater
    • Measurements
      • Acres0.41
      • Square Feet2018
    • Parking
      • Parking FeaturesAdditional Parking, Concrete, Driveway, No Garage, Private, On Street, Boat, Rv Access Parking
      • Parking TypeDriveway
  • Construction Details
      • Property Subtype AdditionalSingle Family Residence
      • StyleTraditional
      • Property TypePurchase
    • Condition
      • Year Built1985
    • Material information
      • FoundationPillar Post Pier
      • RoofComposition
  • Utilities / Energy Details
      • AppliancesDishwasher, Electric Range, Microwave, Refrigerator, Washer
      • Utility FeaturesWater Available, Cable Available
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionSandy Shores
      • Community FeaturesLake
    • Location
      • School DistrictMabank ISD
      • CountyHenderson
      • Elementary SchoolMabank
      • High SchoolMabank
  • Financial Details
      • Days on Market (Cumulative)1
  • Other
      • MLS #20988640

Location

Marc McCownThe McCOWN Team
OR

Interested in Purchasing 162 redondo?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00