Discover this exclusive 21-plus-acre property, a hidden treasure along Bee Cave Road that beckons as one of the last expansive, undeveloped tracts in the area. Just a short 15-minute drive from downtown, this remarkable location is complemented by its proximity to Eanes Schools, three exceptional country clubs, shopping destinations, a hospital, and an array of restaurants. Boasting an impressive approximately 500 feet of frontage along Bee Caves Road, this property is strategically positioned for commercial, multifamily, or residential use, offering a unique investment opportunity. Currently located within the City of Austin ETJ, there are no zoning restrictions allowing for many development options. Similar properties in the area have had success petitioning and removing the ETJ designation possibly making the development process even easier. Whether you envision a private residence, a commercial venture, or a multifamily development, this property's prime location caters to diverse aspirations. Or use the existing structure as a home/office or redevelop into a multi-family or commercial endeavor. Enjoy the beautiful views of Barton Creek Valley and miles of hiking trails to explore the natural beauty of this property that includes two wet-weather creeks, complete with fern-covered waterfalls. Experience the serenity of the property's untouched landscape, adorned with several large Madrone trees and other rare plants. Adding to its allure is the rich history of the land, having never been on the market and only changing hands twice in the last 70 years. Don't miss this extraordinary chance to own a piece of history while creating a space that aligns with your vision. Contact us today for an exclusive tour and explore the limitless possibilities this rare 21-plus-acre property has to offer.