Exceptional waterfront living in The Island, Granbury's premier gated lakefront community. Built by renowned local builder Couto Homes, this luxury waterfront property is just seconds from the main body of Lake Granbury. The private dock features separate lifts for both a boat and jet ski. The fenced backyard offers plenty of room for a future pool and is irrigated directly from lake water. Inside, quality craftsmanship is evident throughout with elaborate molding, designer chandeliers, premium light fixtures, plantation shutters, automatic window shades on picture windows, and solar shades on the sunny side of the home. The spacious living room features a dramatic floor-to-ceiling stone fireplace and overlooks the water. Surround sound enhances both everyday living and entertaining. The gourmet kitchen is equipped with an induction cooktop and is also plumbed for gas. The desirable split-bedroom floor plan includes 3 bedrooms, 2.5 bathrooms, a dedicated office or 4th bedroom, and a second living area complete with a pool table.The primary suite offers a private retreat, while guest bedrooms are thoughtfully separated from the main living areas. Easy modifications could make the office into a fourth bedroom with ensuite bath. Outdoor living is equally impressive with a screened patio featuring ceiling fans, a misting system, and an electric retractable shade. Beyond the screened porch is an extended patio with pergola cover, creating multiple spaces to relax and entertain. Recent updates include a new HVAC system and a new Class 4 impact-resistant shingle roof. Property can be sold fully furnished with all interior furnishings, boat, and jet ski if desired.