Welcome to this serene setting on Canyon Lake in the prestigious gated-community of the Peninsula at Mystic Shores. The 5.9 acres boasts mature landscaping (irrigated from a private well) of oaks and sycamores around the home and native plants and grasses down to the 500 ft of waterfront with private watercraft launch. The adjacent, buildable, 4-acre lot with an additional 500+ ft of waterfront is also available separately or can be bundled if desired to produce a 10-acre homestead with over 1000+ ft of lakefront. The 5300 sq ft Mediterranean home is perfect for entertaining or large family gatherings. The open-concept main living/dining/kitchen area has 25 ft vaulted ceilings with exposed beam trusses, stone fireplace and accents, alderwood built-ins, and sweeping lake views. His and her offices/libraries off the main living area provide flexible work-from-home options. The master suite consists of a luxurious bath with tub and shower, large walk-in closet with built-ins, and private exercise room. Additionally, there are two guest bedrooms with en suites on the main level and a third guest bedroom upstairs off the game room. Relax in the upstairs six-recliner custom movie room or soak in the Hill Country views from the upper porch off the bar-equipped game room. Enjoy the lake breezes on the covered lower back porch equipped with a fireplace, outdoor kitchen, and ceiling fans over both dining and sitting spaces. The view across the infinity pool and down the 7-mile lake expanse to Canyon dam is breathtaking. A covered breezeway leads from the mudroom/laundryroom to a 4-car garage with one bay large enough to accommodate a boat or other water toys. Don’t miss out on this rare opportunity to own multiple acres of gently sloping and highly accessible water frontage!