Rare opportunity to own a 3.65 acre waterfront property on the southern shoreline of Canyon Lake within the desirable Kings Cove subdivision. This expansive tract offers exceptional privacy and scale-features seldom found on Canyon Lake-paired with a 4,414 sq ft custom home designed to maximize lake views and indoor-outdoor living. The 4 bedroom, 4 bath residence features high ceilings, abundant natural light, natural stone accents, and an open-concept layout ideal for entertaining or full-time living. Highlights include a chef's kitchen with custom cabinetry, multiple living areas, a wine cellar, and a glass-enclosed Florida room providing year-round enjoyment of the lake setting. An extensive multi-level back deck captures sweeping water and Hill Country views. The 3.65 acre lot is among the largest waterfront parcels in Kings Cove, offering mature oaks, native landscaping, limestone outcroppings, and gently sloping terrain leading to the water's edge. The size and topography provide flexibility for recreation and potential future amenities while maintaining privacy and usability. Located just minutes from boat ramps, marinas, and local dining, with New Braunfels and Gruene within 30 minutes and San Antonio under an hour, this property is well suited for a primary residence or weekend retreat. A truly unique Canyon Lake offering combining acreage, waterfront access, and a custom home in one of the lake's most sought-after communities.