Located within the gated riverfront community of Paradise on the Guadalupe, Lot 40 offers 1.74 acres in one of Canyon Lake's premier Hill Country neighborhoods. Positioned along Paradise Parkway, this homesite provides a quiet setting surrounded by native oak and cedar, creating an ideal backdrop for a future custom home. The property features rolling Hill Country terrain that allows for flexible home design opportunities, whether you envision capturing distant views, creating expansive outdoor living areas, or building a private retreat that blends naturally into the landscape. Underground utilities including electricity, high speed fiber internet, and central water are in place, offering modern convenience while preserving the natural character of the community. With no required timeline to build, owners have the freedom to design and construct when the timing feels right. Paradise on the Guadalupe is centered around outdoor living and shared access to the Guadalupe River. Residents enjoy exclusive use of private riverfront parks reserved for property owners. The River Lounge serves as a gathering space featuring a pavilion, outdoor kitchen, fireplace, restrooms, and river access ideal for relaxing weekends or entertaining family and friends. The community's River Refuge Park includes additional acreage with walking trails, recreation areas, and opportunities to enjoy the surrounding Hill Country environment. Located just minutes from Canyon Lake, owners have convenient access to boating, fishing, golf courses, wineries, live music venues, and local dining, all within comfortable driving distance of Austin and San Antonio. With gated entry, private roads, and annual HOA dues of $900, Lot 40 offers an excellent opportunity to build and enjoy the Hill Country lifestyle within a thoughtfully planned community.