Perched on a scenic bluff with sunrise to sunset views overlooking Lake Travis, this exceptional offering includes three contiguous parcels at 18203, 18201, and 18113 Gregg Bluff totaling approximately 3.098 acres. Offered primarily for its exceptional land value, this rare property offers the opportunity to create a custom estate, family compound, or luxury retreat while enjoying panoramic Lake Travis, valley, and Texas Hill Country views. Offering approximately 225 feet of frontage and over 580 feet of depth (buyer to verify), the property offers privacy, elevation, and exceptional development potential. Buyers may choose to combine the parcels into one expansive estate or maintain the existing lot configuration, including the potential for a custom home with an additional dwelling on the 1+ acre parcel, subject to buyer verification & City of Jonestown approval. Existing improvements include a 2-bedroom, 1-bath residence (1,140 sq. ft.), a charming detached 1-bedroom, 1-bath cottage (592 sq. ft.), an inground pool, mature trees, and inviting outdoor living areas. The cottage is not connected to utilities. Existing utilities serve the residence for immediate use. Buyers should verify utility, septic, and development requirements with LCRA and applicable authorities. The homesite is perched atop the bluff outside the floodplain, with the property extending to the creek below. Stairs provide access to the creek bed, which may provide access to Lake Travis by kayak or float during higher lake levels. No HOA! Conveniently located between Jonestown and Lago Vista with quick access to FM 1431, US-183, marinas, waterfront parks, shopping, dining, and highly acclaimed Leander ISD schools. Rarely do three contiguous bluff-view parcels totaling over 3 acres become available with panoramic Lake Travis views, existing improvements, and exceptional redevelopment potential. Minutes from Jones Brothers Park, Lake Travis, and multiple public boat ramps.