118 Carmel Place, Mabank
MLS® # 20854974
Don't miss this rare opportunity to own two charming adjacent waterfront homes on two fully fenced lots, each with its own private electronic gated entrance. Whether you're looking to accommodate extended family, entertain guests, establish a short-term rental income stream, or create a small corporate retreat, this unique setup offers exceptional flexibility and value. The main home, gutted and remodeled in 2017, spans 1,629 square feet with three bedrooms and two bathrooms. It features a spacious living area highlighted by a stacked stone fireplace, wood beam ceilings, a generous dining area, and a versatile flex room ideal for an office, hobby space, or exercise room. The second home, constructed in 2019, offers 1,400 square feet, also with three bedrooms and two bathrooms. Far more than a guesthouse, just like the main home it includes a full kitchen complete with granite counter tops, stainless steel dishwasher, refrigerator, range, microwave, and a well-sized utility room with full-size washer and dryer. Both homes boast serene views of a protected cove, with outdoor spaces that include either a large waterside deck or a flagstone patio perfect for relaxing or entertaining. A double-slip boathouse accommodates two boats, while the expansive party deck, partially covered for shade, provides an ideal vantage point to enjoy peaceful cove views. Set on half an acre with 172 feet of waterfront, the property offers abundant concrete parking and space to add a garage. Lake pump sprinkler system keeps the lawn and landscaping lush and beautiful. Both homes are offered mostly furnished with only a few exclusions, making this turnkey opportunity even more appealing.
Fishing, Lake, Other, Boat Ramp
Additional Parking, Concrete, Driveway, Electric Gate, Gated, Oversized, Private, Side By Side, Boat, Guest
Lake Front, Retaining Wall – Steel, Dock – Covered
Decorative Lighting, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Smart Home System, Vaulted Ceiling(s), Second Primary Bedroom
Family Room, Wood Burning, Fire Pit
Fire Pit, Storage, Boat Slip, Dock, RV/Boat Parking
Few Trees, Irregular Lot, Landscaped, Lrg. Backyard Grass, Sprinkler System, Subdivision, Water/Lake View, Waterfront
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Listing information last updated on June 21st, 2025 at 9:46pm CDT.