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POWERED BY PURLIN.AI

5671, 5681, 5660, 1208 Dorothy Ln

little elm, TX 75068

$1,995,000

  • 10 BR
    6 BA, 1 HALF BA
    approx. 4,879 SF

Interested? Let's Connect

RARE LAKEFRONT INVESTMENT PORTFOLIO - PRIVATE COMPOUND - DEVELOPMENT OPPORTUNITY - LEWISVILLE LAKE

Exceptional opportunity to acquire 7 contiguous lakefront lots totaling just under one acre on Lewisville Lake, featuring four fully renovated single-family residences with immediate income potential and future redevelopment upside.

Renovated in 2022, all four homes were taken to the studs and updated with modern finish-outs, new HVAC systems, water heaters, and major system improvements—creating a turnkey portfolio with reduced near-term capital needs.

Currently operating as established short-term rentals, the properties offer multiple income streams while preserving flexibility for continued rental operations, redevelopment, expansion, or long-term hold.

Three residences are located within a private electric-gated lakefront compound at the end of a quiet cul-de-sac, creating an exclusive retreat setting rarely found on Lewisville Lake. Two homes offer unobstructed lake views, while the remaining residences provide privacy and flexibility. Located outside the gated entrance is the fourth residence at 5660 Dorothy Ln, along with two existing un-permitted accessory structures.

Owners and guests enjoy access to nearly one acre of lakefront recreation with resort-style amenities including a hot tub, water toy storage, kayaks, fishing equipment, swim platforms, and outdoor gathering areas.

Property Details:
5861 Dorothy Ln – 1,524 SF, 4 Bed 3 Bath 7,500 SF Lot
5671 Dorothy Ln – 1,645 SF, 3 Bed 2 Bath 7,950 SF Lot
1208 Dorothy Ln – 837 SF, 2 Bed 1 Bath 5,000 SF Lot
5660 Dorothy Ln – 873 SF, 2 Bed 1 Bath 5,164 SF Lot

Lakewood Village continues to transform as older lake homes are redeveloped into premium waterfront properties, creating a rare opportunity to secure substantial lake frontage before future appreciation.

Ideal as a turnkey investment, private family compound, luxury retreat, or development opportunity.

Details

4,879 Sq Ft

0.9619 Private Acres Lot Size

single family home

Built in 1961

MLS/Listing ID 21311472

Amenities & Features

Metal

Gate

Living Room Fireplace

Ceramic Tile

Pillar Post Pier

Heating - Propane

Loft

Kitchen Island

Eat-in Kitchen

Double Vanity

Chandelier

Cathedral Ceilings

Lot - Many Trees

Community - Fishing

Community - Gated

Community - Lake

Dishwasher

Disposal

Electric Cooktop

Microwave

Washer

Lot - Irregular Lot

Lot - Cul-de-sac

Lot - Acreage

Parking - Private

Parking - Gravel

Parking - Gated

Parking - Driveway

Parking - Common

Parking - Carport

Parking - Additional Parking

Patio

Front Porch

Deck

Lake Front

Beach Access

Engineered Hardwood

Composition

Construction - Frame

Cooling - Multi-split AC

Storage

Private Entrance

Fire Pit

Wood

Estimate my mortgage

TOTAL MONTHLY COST

$0

  • PRINCIPAL & INTEREST

    $0

  • PROPERTY TAXES

    $0

  • Common Charges

    $0

HOME PRICE
DOWN PAYMENT
TERM
INTEREST

Interested In 5671, 5681, 5660, 1208 Dorothy Ln?