Set on an expansive 1.47-acre lot, tucked between desirable Dripping Springs and Austin in Granada Hills, this one-of-a-kind property offers luxury, functionality, and flexibility. Designed for those seeking a multi-functional compound, short-term rental investment, or multi-generational living, the property features a main home, a full Casita with kitchen and bath, two bonus ADU studio bedrooms, along with multiple outdoor lifestyle amenities that make it truly unique. The main residence boasts four spacious bedrooms and three-and-a-half bathrooms. Thoughtfully designed with vibrant style, luxury finishes, and abundant natural light. An oversized kitchen island anchors a bright and open kitchen, complete with a climate-controlled wine closet, an inviting corner window bench, abundant cabinet space, and sliding doors that flow seamlessly to the outdoor entertainment and grilling area. A full scullery kitchen offers additional prep and storage space, while a dining room large enough for a table of twelve connects both kitchens for effortless entertaining. Two inviting living spaces on the main level create intimate gathering areas, one with a cozy fireplace and the other with character and warmth through exposed brick, built in benches and french doors. The primary suite is a true retreat with a spa-inspired bathroom, dual closets, and a built-in coffee or cocktail nook for elevated daily living. In addition to the main home, the property includes a casita with a full kitchen, bedroom, and bathroom,plus two studio casitas—ideal for guests,rentals, or flexible workspaces. Outdoors, the property is a vibrant escape with a cowboy pool,chicken coop, greenhouse,playscape, and multiple entertainment areas in hill country charm. Perfectly located with easy access to both Austin and Dripping Springs entertainment/shopping,this property is a rare opportunity for those seeking a luxury compound,STR,or private retreat with no HOA or city restrictions. Complete freedom!