*DEEP WATER COVE* Situated just off the main basin of Lake Travis in Macks Canyon, 14923 Arrowhead Drive has a boat dock that has remained in water deep enough to keep a boat for at least the last 25 years. This gorgeous custom home has had one owner, and is now available for the first time. Offering privacy and views, along with laid-back lake life, this home truly has it all! The open concept kitchen offers plenty of built-in storage, with a breakfast bar and dining area. The living room features a cozy fireplace and large sliding doors that open out onto an expansive deck that overlooks the lake. A bonus area off the living room could be used as an office, play space, or closed in to create a fifth bedroom (plans included with the home). Four bedrooms are spread out between two separate upstairs areas, with three bedrooms above the main living area and one above the garage (still accessed through the main living area). The home features plenty of parking, with an attached two-car garage, extra tall attached carport (with 220v plug), and long paved driveway. Behind the home, you'll find an original little lofted cottage built many years ago. It has a charming stone floor and large windows that overlook the lake. The cottage is ready to be finished into an office, yoga studio, gym, or artist's retreat. With no HOA and a location outside of city limits, short-term rentals are allowed at this lakefront beauty. Zoned for top-rated Leander school district. Minutes away from restaurants, marinas, shopping, and the Oasis. Enjoy the unmatched luxury of Lake Travis in your backyard.