Shopping Cart

You have no items in your shopping cart.

Property Detail

Summit Rock Boulevard
14.38-acre site located between a single-family community called the Golden Bear Reserve .
$4,500,000

Description

  • 14.38-acre site located between a single-family community called the Golden Bear Reserve and the 18th green of Summit Rock Golf Course.
  •  
  • Resort recently invested $60M in improvements, including a new clubhouse with a high-end restaurant on a knoll overlooking the 14.38-acre site.
  •  
  • Horseshoe Bay has positive demographics, with a median age 93% higher, a median income 41% higher, and unemployment 54% lower than the Texas average.
  • The Horseshoe Bay Resort comprises a marina, private airport, 347-room hotel, health club, white sand beach, four golf courses, and much more.
  •  
  • C-2 zoning allows for uses like assisted/independent living, residential, retail, medical, office, food and beverage, entertainment, and hospitality.
  •  
  • Ideally located for assisted or independent living with walkable amenities, plans have been made for 40- or 130-villa residential sites.

Executive Summary

200 Summit Rock Boulevard holds the prized position at the 18th hole of the new Jack Nicklaus Signature Golf Course, Summit Rock, in the renowned 40-year old Horseshoe Bay Resort. The Summit Rock Golf Course represents the best of the four golf courses in the Horeseshoe Bay Resort in addition to their multi-million dollar par 72 putting course. It has grown to have more than 3,500 residents in the homes, condos, and apartments there, a 7 story 347-room hotel with 17,500 sq ft of meeting spaces, a yacht club on Lake LBJ which is the largest constant level lake in the country (very important given the droughts which often occur in Texas making other lakes nothing but mud pits), a full service marina, an FBO with a 6,000 foot runway, 17 tennis courts (6 red clay, 8 hard courts, and 3 Andy Roddick Kids Courts), 4 swimming pools, a white sand beach, a spa, a health club, etc. etc

Developmental possibilities abound. The C-2 zoning designation allows for mixed-use developments, including assisted living, memory care, independent living, retail, office, medical, restaurants, theaters, hotels, health clubs, and more. The site could also be a valuable single-family or villa development site, and planners have already drawn up plans for a 41-villa site and a 130-villa high-density site. This well-positioned site is particularly suited for an assisted living or independent living facility because it is in the center of convenient amenities that are reachable with a short walk or golf cart ride.
 

200 Summit Rock Blvd

Listing ID : 00775

SKU: 775

Property Enquiry Form

Please fill the form below to know more about the property

Price History

DateEventPrice
December 10 2024Listed$4,500,000.00