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$578,000
3 Beds 2 Baths 21360811 MLS
Beautiful lake view property without the lakefront prices! This adorable farmhouse was moved to this location in 1954, around the time the lake was filled for the final phase. Currently used as a rental and family lake house, it is offered fully furnished, with a few exceptions. As a top rated Little Elm STR, this could be a great source of income, as it stays booked most of the year. Guests love the antiquity of the home, the peaceful setting, the shaded front porch and deck, and at almost .6 acres, everyone appreciates the massive yard. The green space across the street includes lush walking trails and beaches. The peaceful cove across from the property is home to ducks, herons, and deer. Local fish enthusiast say it is one of the best fishing spots on the lake, and it is just a stone's throw from the property line. The home is updated and meticulously maintained. Previous owners completed kitchen and bath remodels in 2019. The bunky room was completed in 2025, and the entire home was painted, inside and out, in 2026. Most of the wood flooring is original to the house. There are three out buildings on the property. The shed in the dog run, is in good condition for storage but would also make a fun dog house. The workshop is attached to the carport and has open storage on one end for lawn equipment and ample enclosed space for tinkering. The Yacht Club is a separate storage facility for various kayaks, paddles, oars, and life vests. Buyers are responsible for verifying ALL information. Property is currently a working vacation rental with some bookings. All future bookings have been blocked, but there may be guests, so for their comfort, showings may be restricted. Please see Transaction Desk for list of restricted dates, for exclusions and inclusions.

708 Lakeshore Dr, Little Elm

$1,650,000
8 Beds 6 Baths 21311472 MLS
NEW LOWER PRICE! Removed property (lot 37) outside gate. RARE LAKEFRONT INVESTMENT PORTFOLIO - PRIVATE COMPOUND - DEVELOPMENT OPPORTUNITY - LEWISVILLE LAKE Exceptional opportunity to acquire 6 contiguous lakefront lots on Lewisville Lake, featuring 3 fully renovated single-family residences with immediate income potential and future redevelopment upside. Renovated in 2022, all 3 homes were taken to the studs and updated with modern finish-outs, new HVAC systems, water heaters, and major system improvements—creating a turnkey portfolio with reduced near-term capital needs. Currently operating as established short-term rentals, the properties offer multiple income streams while preserving flexibility for continued rental operations, redevelopment, expansion, or long-term hold. The three residences are located within a private electric-gated lakefront compound at the end of a quiet cul-de-sac, creating an exclusive retreat setting rarely found on Lewisville Lake. Two homes offer unobstructed lake views, while the remaining residence provide privacy and flexibility. Owners and guests enjoy access to nearly .8 acres of lakefront recreation with resort-style amenities including a hot tub, water toy storage, kayaks, fishing equipment, swim platforms, and outdoor gathering areas. Property Details: 5861 Dorothy Ln – 1,524 SF, 4 Bed 3 Bath 7,500 SF Lot 5671 Dorothy Ln – 1,645 SF, 3 Bed 2 Bath 7,950 SF Lot 1208 Dorothy Ln – 837 SF, 2 Bed 1 Bath 5,000 SF Lot Lakewood Village continues to transform as older lake homes are redeveloped into premium waterfront properties, creating a rare opportunity to secure substantial lake frontage before future appreciation. Ideal as a turnkey investment, private family compound, luxury retreat, or development opportunity. PRICE REDUCTION AS A RESULT OF TAKING OUT PARCEL R44604 AND SELLING SEPARATELY. YOU CAN STILL PURCHASE 5660 DOROTHY WITH THESE HOMES AS WELL. MLS #21350750

1208 Dorothy Ln, Little Elm

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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