20111 Colby Hill Drive Build new, expand, or enjoy as-is — this 2-acre Lake Travis lot offers unmatched flexibility in Siesta Shores. Incredible opportunity in one of Spicewood’s most relaxed lake communities. This 2.03-acre lot offers panoramic views, walkable access to the marina, and two private lakefront parks. The property includes a unique 2, 768 SQFT Art Deco-style home with 3 beds, 2.5 baths, outdoor shower, and third-floor observation deck. Build new or reimagine the current structure (buyer to verify). Highlights: • Detached 1, 132 SQFT insulated garages • Rainwater harvesting (11, 500 gal) + filtration • Cedar sauna, tankless water heater, metal roof • No known STR restrictions (buyer to confirm) • Light HOA ($70/year) Surrounded by trees, views, and custom homes, this is a rare buildable site offering privacy, location, and potential.