Experience the ultimate Lake LBJ lifestyle at 135 Perry Lane, a premier legacy estate nestled on the coveted Colorado Arm in Kingsland, TX. Boasting 70 feet of deep, open water frontage, this 3,980 sq. ft. residence is perfectly positioned for those seeking a multi-generational retreat or a high-performing short-term rental. The main home exudes welcoming lodge-style character, featuring a thoughtfully designed floor plan with two master suites and a total of 4 bedrooms and 4 bathrooms. Surrounded by majestic, towering oak trees in a sprawling lakeside yard, the property offers a serene atmosphere where memories are made generation after generation. An incredible deck atop the boat house serves as the centerpiece for entertaining, providing panoramic views of the water and the perfect vantage point for sunset soaking. This estate is equipped for every adventure with a huge 3-stall boat and RV storage unit plus a covered carport. Beyond the property, Kingsland offers a wealth of activities, from boating over to local favorites like Wake Point and Boat Town to exploring the world-class amenities of nearby Horseshoe Bay. Whether you are looking for a permanent residence or a lucrative investment opportunity, this waterfront gem combines unique character with the best of Highland Lakes living.