2386 Colleen Dr Canyon Lake, TX 78133

Now available: The Lodge at Turkey Cove, Canyon Lake's premier 17-room waterfront lodge, is ready for a new owner. This exceptional investment opportunity, located adjacent to Turkey Cove Boat Ramp #2, has been owner-operated for the past 18 years. This legacy property offers unbeatable visibility, high traffic, and breathtaking lake views, making it ideal for a wide range of hospitality or commercial uses. The lodge features tastefully decorated, fully furnished guest rooms and includes a spacious event hall connected to a fully equipped commercial kitchen-perfect for weddings, corporate events, music venues, or catering operations. Outdoor amenities include ample parking, a large covered patio, multiple decks, picnic areas, and BBQ pits, providing an inviting space for guests to relax and enjoy the scenic surroundings. Visitors are often greeted by deer roaming freely throughout the property, adding a charming Hill Country touch. The property also includes an RV hookup and is surrounded by a mix of mid-range to luxury residential homes, enhancing its appeal for various development opportunities. Whether envisioned as a wedding venue, bed and breakfast, mini resort, winery, retreat center, or even a Hill Country Summer Camp, this turn-key lodge offers incredible versatility and upside potential. It's also an excellent candidate for a 1031 Exchange. Seller finance Option available.