Privately gated and fully fenced, this exceptional Hill Country property presents a rare opportunity to own a three-unit mixed-use compound in the heart of Spicewood. Situated on 2.5 serene acres, the property offers panoramic Hill Country views, complete privacy, and remarkable flexibility-ideal for owner-users, live/work operations, short-term rental income, boutique office, or a strategic investment. Designed for versatility, the property features three distinct units, each with its own layout and outdoor space to maximize usability and appeal. A long private drive provides ample on-site parking, in addition to a two-car garage and detached carport. Mixed zoning allows for both residential and commercial use, offering a unique opportunity for a variety of business or income-producing applications in this highly desirable Hill Country location. All three units were rebuilt from the studs in 2025, blending high-end finishes with a refined modern farmhouse aesthetic. Interiors feature quartz countertops, custom cabinetry, new appliances, luxury vinyl plank flooring, energy-efficient windows, upgraded insulation, and new HVAC systems throughout. The first unit offers approximately 1,784 SF with flexible office or living space and a private deck overlooking a courtyard. The second unit offers approximately 1,440 SF with additional workspace potential and private outdoor areas. The third unit, located above the garage, offers approximately 1,381 SF with elevated Hill Country views and open-concept flexibility. Conveniently located just off Highway 71 with easy access to Bee Cave, Marble Falls, and Lake Travis, this one-of-a-kind property offers a compelling combination of acreage, mixed-use zoning, income potential, and accessibility. No HOA, low tax rate, and short-term rentals allowed, including Airbnb and VRBO.