This remarkable 5-acre property in Jonestown offers a rare fusion of breathtaking lake views, a prime location, and exceptional development potential. Nestled just off FM 1431, only 3 miles from the prestigious Travisso Master-Planned Community, it seamlessly combines serene Hill Country living with easy access to urban conveniences. The land boasts a beautiful mix of level terrain and gentle slopes, adding depth and character to the site, while Gregg Bluff Creek enhances its natural charm. The property is right over 5 Acres, providing flexibility for development, expansion, or investment. An existing water well and septic system are already in place to serve the home. A Home of Elegance & Comfort At the heart of the property is a newly built, 3,859 SF luxury residence, thoughtfully designed for comfort, style, and entertainment, featuring: 5 Spacious Bedrooms & 5 Bathrooms Two Expansive Living Areas A Game Room Perfect for Entertainment & Family Gatherings Link for the Virtual Tour https://my.matterport.com/models/DaYakpYYZUE?section=media Unmatched Potential for Investment or Events Beyond its residential appeal, this expansive 5 acre setting is ideal for an upscale event venue, making it perfect for: Weddings with Lake Views Corporate Retreats & Special Gatherings A High-End Airbnb or Luxury Rental Property With endless possibilities-from a private luxury estate to a lucrative investment or premier event space-this property offers a rare opportunity to own a slice of Hill Country paradise with unparalleled beauty, flexibility, and accessibility.