Rare 1.32-acre lake-view homesite in coveted Mystic Shores at Canyon Lake... the kind of lot that almost never comes available. Sitting on a quiet, paved private street, this gradually sloping parcel offers an unobstructed panoramic view of Canyon Lake from the building envelope, framed by mature heritage live oaks already on site. The gentle topography means major savings on foundation, retaining walls, and grading versus typical view lots. Co-op water and electric are at the street, install septic and build. No mandatory build-by date and your choice of builder. Owners enjoy exclusive access to a 26-acre private waterfront park with boat ramp, a 140-acre nature preserve, resort-style pool, tennis & pickleball..... all for only $312 a year HOA. Just 22 miles to New Braunfels, 47 to San Antonio Intl, and 63 to downtown Austin. Build your forever home, a Hill Country weekend retreat, or hold as a long-term land position. The view is the value and this one is real!