Enjoy the tranquility in this back-to-nature setting on the desirable North East side of Lake Buchanan approximately 20 minutes Northwest of Burnet and just minutes from Canyon of the Eagles Resort. Tucked away on a quiet cove this 3 bedroom-2 bath gem is ready for you to set up housekeeping as a primary residence or a weekend get-a-way. Relax on the large L-shaped covered back deck overlooking the water, staying cool with ceiling fans and enjoying the sites and sounds of nature. Beautiful waterfront view with many varieties of wildlife abound in this private area known as Bonanza Beach. The home has been meticulously maintained and features ample storage both inside and outside of the house. The Cottage measures 16 ft x 12 ft and is outfitted with parking, a separate entrance, electricity and AC for use when working from your home office or on workshop projects. With attached additional parking spaces, this property has been set up to accommodate parking for your boats, watercrafts and family members visiting over a long weekend. Hurry to see this property that features 131 Feet of waterfront just around the corner from the private subdivision boat ramp. With the front and sides fenced, gorgeous stonework throughout the yard and bulkhead, the entire property is beautifully landscaped with a private boat dock and an irrigation pump system for the yard in a 12 ft x 10 ft building. Bulkhead rebuilt in 2023. Steps built going straight to the water for swimming lake access. Per Seller, flood insurance is not required on this section of the lake. PEC electric, Corix water company and Rise Broadband are available onsite.