516 Lake Street is an exceptional waterfront home currently in the construction phase within The Drace, Kingsland's new luxury gated waterfront community nd is expected to be completed by Oct. 1st. Spanning 4,028 sq. ft. with 5 bedrooms and 5.5 bathrooms, the home boasts an elevator, an electric vehicle charging station and a six-camera security system for peace of mind whether you are home or away. The main floor showcases an open floor plan that enhances the flow of space throughout the living and dining areas, highlighted by floor-to-ceiling windows and sliding doors that connect the indoor and outdoor environments. This level also includes two guest suites and a wet bar area for entertaining. Upstairs, you'll find the luxurious primary suite, which boasts a private balcony, alongside a guest suite and a cozy bunk room, both featuring convenient en-suite baths. This level also features a lounge area and a private balcony, offering ample space to unwind after a long day on the lake. The private boat dock guarantees access to the lake, while the outdoor featuresincluding a private pool, an outdoor kitchen, and inviting living spacescreate the perfect environment for memorable gatherings. The Drace community elevates the experience with outstanding amenities, including a marina, boat launch, and extra parking for vehicles and boat trailers, making it an ideal choice for those interested in operating as a short-term rental. What are you waiting for?

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