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493 MALAUKA LOOP

House For Sale
$1,000,000

BTC: 15.34212949

ETH: 525.58550225

-$200K (2026/06/17)
73 days
Waterfront
3 bds
3 ba
3,058 sqft

Overview

Virtually Staged. Nestled on 3.15 private lakefront acres, this extraordinary WATERFRONT retreat offers a rare combination of sunset views, multi-generational living, and exceptional development opportunity. Positioned on the 5th of 8 potential LAKEFRONT LOTS on LAKE LEON, this unique property includes 7 additional waterfront lots, allowing you to preserve the privacy of your estate, create a family compound, or unlock future investment potential as waterfront inventory continues to shrink. Enter through the gated courtyard and discover a warm, inviting lake house filled with natural light from 68 WINDOWS showcasing BREATHTAKING WATER VIEWS throughout the home. The cozy kitchen and dining area feature a breakfast bar perfect for casual gatherings, while the expansive living room impresses with CATHEDRAL CEILINGS, a FIREPLACE, a ceiling fan, and panoramic lake views. The primary suite offers a true private retreat with an ensuite bath featuring dual vanities, a garden tub, a walk-in shower, and a reinforced CONCRETE STORM SHELTER/SAFE ROOM integrated into the suite. An ELEVATOR provides convenient access upstairs. Additional rooms currently used as hobby spaces offer endless customization possibilities. The OVERSIZED 2.5-CAR GARAGE leads to an additional IN-LAW APPARTMENT with a private kitchen and bath, offering ideal accommodations for extended family, guests, potential rental income, or independent living. Additional upgrades include a 2024 ROOF. Outdoor living is at the heart of the property with expansive WRAPAROUND PORCHES and upper-level LAKEFRONT BALCONIES designed for morning coffee, peaceful afternoons, and unforgettable sunset evenings over the water. Whether you are seeking a private waterfront estate, multi-generational living setup, or a prime waterfront investment in a rapidly developing area, this one-of-a-kind property delivers unmatched flexibility and value.

Location

Details

Type:
Residential
Parking:
Oversized
Year Built:
2001
Lot:
3.15 Acres
Heating:
Electric
Price/sqft:
$327
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$5,090
2025
View
Trees/Woods, Water
Waterfront
Lake Front
Garage
2 car garage
All facts and features
  • Flooring

    • Carpet

    • Laminate

    • Hardwood

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Cooktop

    • Range

    • Range Hood

    • Refrigerator

    Other interior features

    • Cathedral Ceiling(s)

    • Ceiling Fan(s)

    • Elevator

    • High Ceilings

    • Primary Bedroom Main Floor

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Bathrooms: 1

    • Full bathrooms: 3

  • Parking

    • Oversized

    Property

    • Levels: Two

    • Exterior Features: Irrigation System / Lighting / Private Entrance / Private Mailbox / Storage

    Lot

    • Lot: 3.15 Acres

    Other Property Information

    • Parcel Number: 9031095905

    • Zoning: R1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $5,090

  • Source details

    • MLS ID: G5112490

    Other facts

    • Construction Materials: Wood Frame / Wood Siding

    • Foundation Details: Concrete Perimeter

    • Fireplace Features: Electric

    • Laundry Features: In Garage

    • Patio And Porch Features: Porch / Rear Porch / Side Porch / Wrap Around

    • Direction Faces: West

    • Other Structures: Shed(s) / Storage

    • Waterfront: Yes

    • Fireplace: Yes

    • Water Body Name: LAKE LEON

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3058

    • Water Source: Well

    • Subdivision Name: LAKE LEON

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: WORTH CLARK REALTY