242 Saga Street offers a rare opportunity to experience true waterfront living at its most spectacular. Set behind the gates of The Peninsula at Mystic Shores, this extraordinary estate occupies approximately 2.4 acres with an impressive 414 feet of private Canyon Lake waterfront. From the moment you arrive, the property feels like a secluded Hill Country resort-a place where expansive water views, open skies, and peaceful surroundings create an immediate sense of escape. Designed to embrace its remarkable setting, the home offers approximately 5,571 square feet of refined living space, with walls of windows and inviting gathering areas that keep the lake at the center of everyday life. Whether enjoying a quiet morning overlooking the water, hosting friends for a relaxed evening, or watching the sunset from the private balcony, every experience here is shaped by the beauty of Canyon Lake. Outdoor living is equally compelling. The refreshing pool and expansive grounds provide a stunning backdrop for entertaining, unwinding, and enjoying long Texas afternoons by the water. With more than 400 feet of shoreline, the property delivers an exceptional sense of privacy and an increasingly rare connection to the lake. The five-bedroom, five-and-a-half-bath residence offers abundant space for family and guests without sacrificing warmth or intimacy. Its timeless brick-and-stone architecture, sophisticated finishes, and effortless indoor-outdoor flow complement the natural beauty of the waterfront setting. This is your moment to discover what makes waterfront living so special. 242 Saga Street is more than a home-it is a private lakeside retreat created for gathering, relaxing, and making lasting memories in the heart of the Texas Hill Country.