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271 Smokehouse Rd Fredericksburg TX

$5,850,000 Fredericksburg, TX 78624
  • Gillespie County
  • 4 Beds
  • 3 Baths

Description

History and Luxury converge on this magnificent, ag exempt 11.2-acre homestead that features a 4,120 SF pioneer limestone showplace 4 BR/3 BA home with private, gated entrance, two spacious living areas, displaying impressive craftsmanship of a bygone era. Custom cabinetry and high-end appliances equip the kitchen which looks out to a stunning pool and spa, lovely al fresco dining area, ample porches and cozy fire pit. An amazing hand-dug well with limestone walls and vintage Aeromotor windmill adds to the property's historical charm. Two additional wells -- both with 9600-gallon storage tanks -- provide peace of mind and delicious water. The multifunctional, spacious barn features ample loft storage, a locked gun room and insulated overhead door. There is plenty of space to make this a craftsman's haven for woodworking or automobile restoration. Additional detached climate-controlled studio space in backyard. Beyond the manicured lawn and lovely landscaping around the homestead, the expansive pasture is home to a variety of wildlife, including deer, turkey, grey fox and occasional axis. The pasture lends itself to homesteading or 4-H projects as it has had goats, cows, chickens and ducks on the acreage. Raised garden beds with built-in irrigation invite you to grow and enjoy. Four impeccably appointed B&B cabins with a gated entrance separate from the main house, provide a proven income stream. Built in 2020 and thoughtfully situated around a beautiful tree, the stylishly decorated cabins are a hidden gem. Google "Ololo Fredericksburg" to see more photos of the short term rentals. An additional, adjacent structure houses a washer, dryer and dishwasher along with cleaning supplies for maintenance/ housekeeping of the cabins. The STRs are currently professionally managed and not seen from the main house. With a value of $2m and a 7.5%cap rate we have financial documents available upon request. Minutes from Main Street yet worlds away from the hustle and bustle, this legacy property offers a rare opportunity to own a piece of history while enjoying the epitome of luxury living.

Key Features

  • Property Type Residential
  • Acres Acres
  • Zoning Residential
  • Utilities Call for more info
  • Improvements Call for more info
  • Minerals Call for more info
  • Water Call for more info

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