5818 Ranch Road 165 #Tract 1, Blanco, TX 78606 (MLS # 4049219)
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For those looking to create a boutique hospitality property, retreat destination, wedding venue, or private multi-generational compound, this 26-acre offering represents the core of Mystic Sky Ranch, with infrastructure already in place. The property is part of a 53.62-acre offering, available individually or in combination. 26-acre compound with over 10,000 SF across multiple structures $3,750,000 Additional 28-acre tract $1,064,000 53.62-acre compound (full offering) $4,814,000 Organized as a collection of purpose-built structures, the property is designed to function as a compound rather than a single residence. The improvements include a main residence by David Webber of Webber + Studio, four detached guest casitas, a dining hall with commercial kitchen, an event barn, and a pool pavilion with kitchen and bath. Each structure serves a distinct role, allowing the property to operate in multiple ways. It can function as a private residence with guest accommodations or as a short-term rental, bed and breakfast, wellness retreat, or event venue. The infrastructure to support both private use and business operations is already established. The layout separates living, hosting, and guest spaces across the land. The main residence anchors daily living, while the casitas provide privacy for guests. The dining hall and event barn support larger gatherings with a commercial-grade kitchen and spaces designed for scale. Spanning 26 acres of rolling Hill Country terrain, the land features heritage oaks, open pasture, and outdoor spaces that connect each structure while maintaining privacy. As the central portion of Mystic Sky Ranch, this offering can stand alone or be combined with the adjacent 28-acre tract to create a 53.62-acre holding. Located in the Dripping Springs area, the property offers access to Austin while maintaining space and flexibility rarely found at this scale.
| LAST UPDATED | 9/15/2026 | TRACT | None |
|---|---|---|---|
| YEAR BUILT | 2001 | COMMUNITY | None |
| COUNTY | Blanco | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Sep 15, '26 | $3,995,000 |
|---|---|
| Sep 15, '26 - Today | $3,750,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | BL |
| CONSTRUCTION | Stone, Stucco |
| HEAT | Central |
| INTERIOR | High Speed Internet |
| LOT | 26.635 acre(s) |
| PARKING | Detached Carport, Driveway, Paved |
| SEWER | Septic Tank |
| SUBDIVISION | None |
| TAXES | 22511.38 |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| WATER | Private, Well |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Bridget Ramey, Kuper Sotheby's Int'l Realty
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 10/12/26 1:37 PM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2026.