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2386 Colleen Drive

$2,500,000

2386 Colleen Drive, Canyon Lake, TX 78133

Active
Last Updated: 08/08/2025

8,568 sqft

Building Size

0.9 acres

Lot Area

Details:
Building Size:    8,568 sqft
Lot Area:    0.9 acres
Units:    17
Year Built:    1972
Zoning:    C-1 Commercial
Floors:    2
Parking Spots:    25
Roof:    Composition Shingle, Metal
Heating:    Central, 3 Units
Cooling:    Central, Window, Wall, Two Central
Description:

Now available: The Lodge at Turkey Cove, Canyon Lake's premier 17-room waterfront lodge, is ready for a new owner.  This exceptional investment opportunity, located adjacent to Turkey Cove Boat Ramp #2, has been owner-operated for the past 18 years. This legacy property offers unbeatable visibility, high traffic, and breathtaking lake views, making it ideal for a wide range of hospitality or commercial uses. The lodge features tastefully decorated, fully furnished guest rooms and includes a spacious event hall connected to a fully equipped commercial kitchen-perfect for weddings, corporate events, music venues, or catering operations. Outdoor amenities include ample parking, a large covered patio, multiple decks, picnic areas, and BBQ pits, providing an inviting space for guests to relax and enjoy the scenic surroundings. Visitors are often greeted by deer roaming freely throughout the property, adding a charming Hill Country touch. The property also includes an RV hookup and is surrounded by a mix of mid-range to luxury residential homes, enhancing its appeal for various development opportunities. Whether envisioned as a wedding venue, bed and breakfast, mini resort, winery, retreat center, or even a Hill Country Summer Camp, this turn-key lodge offers incredible versatility and upside potential. It's also an excellent candidate for a 1031 Exchange. Seller finance Option available.


Hwy 281 - Hwy 46 - Left on 3159 - Right on 2676 - Left on Colleen Dr.  Follow Boat Ramp Signs.  Property on Right side of Boat Ramp.



Canyon Lake's Premier 17 Room Waterfront Lodge with Full Commercial Kitchen & Banquet Hall
Located at Boat Ramp #2 with exceptional bluff and water views
Great upside for Wedding Venue, Mini Resort, Retreat Center, Hill Country Summer Camp or continued Lodging
Prime location for Corporate events, Catering Operations, Music Venues
Excellent candidate for a 1031 Exchange *Seller Financing Available*

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