5818 Ranch Road 165

About This Home

For those looking to create a boutique hospitality property, retreat destination, wedding venue, or private multi-generational compound, Mystic Sky Ranch offers the land, layout, and infrastructure to support it. The property spans 53.62 acres and is available as a full offering or in separate configurations. 53.62-acre compound (full offering) $5,267,000 26-acre compound with over 10,000 SF across multiple structures $4,175,000 Additional 28-acre tract $1,092,000 Located in the Dripping Springs area, the property is organized as a collection of purpose-built structures designed to function as a compound rather than a single residence. Across more than 10,000 square feet, the improvements include a main residence by David Webber of Webber + Studio, four detached guest casitas, a dining hall with commercial kitchen, an event barn, and a pool pavilion with kitchen and bath. Each structure serves a distinct role, allowing the property to operate in multiple ways. It can function as a private residence with guest accommodations or as a short-term rental, bed and breakfast, wellness retreat, or event venue. The infrastructure to support both private use and business operations is already in place. The layout separates living, hosting, and guest spaces across the land. The main residence anchors daily living, while the casitas provide privacy for guests. The dining hall and event barn support larger gatherings with a commercial-grade kitchen and spaces designed for scale. The 53.62-acre setting features rolling Hill Country terrain, heritage oaks, open pasture, and a 150-year-old live oak. Located within reach of Austin, the property offers accessibility without sacrificing space or flexibility.