5818 Ranch Road 165 #TRACT 1

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 $4,375,000 Additional 28-acre tract $1,120,000 53.62-acre compound (full offering) $5,495,000 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 p avilion 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.