109 Kelly Cove

Dripping Springs, TX 78620

Welcome to your dream retreat at 109 Kelly Cove just 10 minutes west of Dripping Springs! This amazing property sits on 2.06 acres with panoramic views of rolling hills offering a unique blend of peacefulness, privacy, and endless possibilities. With over $300K in recent property improvements and minimal restrictions, this home is ready to support whatever your mind can imagine. The property is an active short-term Airbnb rental with a main house (2285 sqft) and converted barn (2240 sqft), capable of sleeping 16+ guests, making it an attractive destination for groups. The multi-level main house features 3 bedrooms and 2 updated bathrooms, multiple decks, covered porch, 2 living spaces, laundry room, and recently updated kitchen complete with granite countertops and S/S appliances. Enjoy cozy evenings in the spacious living area with vaulted ceilings and a wood-burning fireplace. The converted barn features 3 bedrooms, 2 baths, a kitchen/living room, upstairs flex space, and a large gathering/game room, all equipped with mini-split HVAC units and ample windows for natural light. Open the garage door for an open air gathering under the carport or take the party to the covered porch. The property is supported by a well for the structures and a 10K-gallon rainwater system, ensuring the fully irrigated grounds and landscape plants stay lush. The outdoor improvements are impressive and include a 5,000-gallon above-ground pool with decking for those hot Texas days or a perfect spot to watch the sunset, plus an “island” gravel area great for BBQs or fire-pit gatherings. For stargazers, there's an observatory/storage building with a retractable roof for enjoying the dark night sky protected in the Dripping Springs community, or this space could be finished for another cabin or used for your shop or additional storage. Seamless connectivity throughout the property is provided by Nextlink radio internet, including over 10 Wi-Fi extenders. Additional features include recent HVAC systems, metal roofs, tankless water heaters, a monitored security system with cameras, lighting, and keyless access, controllable remotely. Whether you're looking for a peaceful homestead, multi-generational situation, or a profitable turn-key investment opportunity, this property provides excellent potential. All appliances and installed security systems convey. Furnishings are negotiable for an additional cost. Don't miss out on the chance to own this incredible piece of paradise! Gross monthly income for short-term rental is estimated to range from $6K-$15K, depending on seasonality. Being sold As-is.