242 Saga Street offers a rare opportunity to experience true waterfront living at its most spectacular. Set behind the gates of The Peninsula at Mystic Shores, this extraordinary estate occupies approximately 2.4 acres with an impressive 414 feet of private Canyon Lake waterfront. From the moment you arrive, the property feels like a secluded Hill Country resort-a place where expansive water views, open skies, and peaceful surroundings create an immediate sense of escape. Designed to embrace its remarkable setting, the home offers approximately 5,571 square feet of refined living space, with walls of windows and inviting gathering areas that keep the lake at the center of everyday life. Whether enjoying a quiet morning overlooking the water, hosting friends for a relaxed evening, or watching the sunset from the private balcony, every experience here is shaped by the beauty of Canyon Lake. Outdoor living is equally compelling. The refreshing pool and expansive grounds provide a stunning backdrop for entertaining, unwinding, and enjoying long Texas afternoons by the water. With more than 400 feet of shoreline, the property delivers an exceptional sense of privacy and an increasingly rare connection to the lake. The five-bedroom, five-and-a-half-bath residence offers abundant space for family and guests without sacrificing warmth or intimacy. Its timeless brick-and-stone architecture, sophisticated finishes, and effortless indoor-outdoor flow complement the natural beauty of the waterfront setting. This is your moment to discover what makes waterfront living so special. 242 Saga Street is more than a home-it is a private lakeside retreat created for gathering, relaxing, and making lasting memories in the heart of the Texas Hill Country.
Single-familyProperty Type
2008Year Built
2.4 acresLot Size
$538Price/Sq.Ft.
$97/moHOA Dues
4 car garageParking
Listed by Ron Chamberlain• Coldwell Banker D'Ann Harper
Peninsula at Mystic Shores, located between Canyon Lake and the Guadalupe River, is a waterfront and hill-country Canyon Lake neighborhood with limestone bluffs and long, curving shoreline views. The character concentrates around Mystic Parkway at the neighborhood boat-ramp and lakefront park area, where golf carts, kayaks, and sunset watchers set the tempo. Homes lean Texas Hill Country in feel—stone accents, broad porches, and lots that follow the terrain. Days often revolve around the water, with coves for paddling and open stretches for boating. For a local night out, nearby pillars include Gennaro’s Trattoria, The Dam Red Barn, and Whitewater Amphitheater. The landscape stays front-and-center, with dark skies and big horizons shaping the pace.
Provided by Walk Score and Local Logic
Offer insights
242 Saga St · $2,999,000
$2.96M and above
75% chance or better to win
Why $2.96M+ is a strong offer
DAYS ON MARKET
41 days
The average home goes pending in 94 days.
SALE-TO-LIST
97.6%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Ceiling fans
Chandelier
Wet bar
Smoke alarm
Owned security system
Garage door opener
Water softener plumbing
Smooth cook top
Down draft
Solid countertops
Custom cabinets
2+ water heater units
Gas water heater (owned)
Propane water heater
2 living areas
Separate dining room
Island kitchen
Breakfast bar
Walk-in pantry
Study/library
Game room
Media room
Utility room inside
Secondary bedroom on lower level
High ceilings
High speed internet
Main-level laundry
Walk-in closets
Partially floored attic
Attic with radiant barrier decking
Some window coverings remain
Bedrooms
Primary bedroom on lower level with walk-in closet, multiple closets, ceiling fan and full bath
Bedroom 2 (12 x 15)
Bedroom 3 (12 x 18)
Bedroom 4 (12 x 14)
Bedroom 5 (13 x 13)
Bathrooms
6 total bathrooms (5 full, 1 half)
Primary bath with separate tub and shower, double vanity and whirlpool tub
Primary bath (17 x 17)
Kitchen
Cooktop
Smooth cooktop
Built-in oven
Double ovens
Microwave oven
Refrigerator
Dishwasher
Disposal
Ice maker connection
Gas grill
Island kitchen
Breakfast bar
Walk-in pantry
Solid countertops
Down draft
Laundry & utility
Washer connection
Dryer connection
Utility room inside (14 x 9)
Main-level laundry
Flooring
Carpeting
Ceramic tile
Wood flooring
Heating & cooling
Central heating (3+ units)
Propane heating (owned)
3+ central air conditioning units
Exterior features
Covered patio
Deck / balcony
Outdoor kitchen
Gas grill
Sprinkler system
Double pane windows
Gutters
Mature trees
Water front (unimproved), lakefront with water view (Canyon Lake)
Street paved
Home design
Pre-owned custom home by Sierra Classic Custom Hom
Front faces west
Located in subdivision: MYSTIC SHORES
Parking
Four-or-more car garage
Detached parking
Attached parking
Side-entry garage
Oversized parking available
Security
Owned security system
Smoke alarms
Construction
Brick and 4-sided masonry exterior with rock/stone veneer
Tile / concrete roof
Slab foundation
Approximate age: 18 years
Utilities
Electric service by Pedernales
Water service by Texas Water
Aerobic septic
Garbage service by Hill Country
HOA & community
Mandatory HOA with multiple associations
Community amenities include controlled access, community pool, tennis courts, clubhouse, park/playground and boat ramp
HOA fees: $414 annually (primary association)
Secondary HOA fee: $750 annually
Association transfer fees: $250 and $500
Other
Pool present: in-ground, heated and includes hot tub
Accessible/adaptive home with ramped entrance and widened interior/exterior door openings
Electricity and solar
View estimated energy costs and solar savings for this home