1677 MCIVER, CANYON LAKE, TX 78133

This unique property offers three separate living spaces, each with the versatility for long-term or short-term rental use. The current owners lease the ~2,236 sq ft, 3BD/2.5BA main residence to a long-term tenant, while operating the two fully remodeled studio cottages (~393 sq ft and ~700 sq ft) as short-term rentals. Both cottages feature private hot tubs, hand-built outdoor living spaces, and charming interiors designed for guest comfort. With established rental history, multiple income streams, and flexibility to adjust the mix between long-term stability and short-term revenue, this property is ideal for investors, multi-generational living, or an owner seeking supplemental income. Beyond its rental potential, the property holds a distinctive feature rarely found in the market -- a vineyard and former hobby winery. While not currently in production, the infrastructure remains in place, including two wells, a fully irrigated vineyard, and a commercial greenhouse. With some rejuvenation and equipment servicing, the winemaking process could be revived, offering another layer of uniqueness and potential income or lifestyle enjoyment.