242 Saga Street
About this property
242 Saga Street offers a rare opportunity to experience true waterfront living at its most spectacular. Set behind the gates of The Peninsula at Mystic Shores, this extraordinary estate occupies approximately 2.4 acres with an impressive 414 feet of private Canyon Lake waterfront. From the moment you arrive, the property feels like a secluded Hill Country resort-a place where expansive water views, open skies, and peaceful surroundings create an immediate sense of escape. Designed to embrace its remarkable setting, the home offers approximately 5,571 square feet of refined living space, with walls of windows and inviting gathering areas that keep the lake at the center of everyday life. Whether enjoying a quiet morning overlooking the water, hosting friends for a relaxed evening, or watching the sunset from the private balcony, every experience here is shaped by the beauty of Canyon Lake. Outdoor living is equally compelling. The refreshing pool and expansive grounds provide a stunning backdrop for entertaining, unwinding, and enjoying long Texas afternoons by the water. With more than 400 feet of shoreline, the property delivers an exceptional sense of privacy and an increasingly rare connection to the lake. The five-bedroom, five-and-a-half-bath residence offers abundant space for family and guests without sacrificing warmth or intimacy. Its timeless brick-and-stone architecture, sophisticated finishes, and effortless indoor-outdoor flow complement the natural beauty of the waterfront setting. This is your moment to discover what makes waterfront living so special. 242 Saga Street is more than a home-it is a private lakeside retreat created for gathering, relaxing, and making lasting memories in the heart of the Texas Hill Country.
Property details
Location
About the Area
242 Saga Street is located in Spring Branch, Texas, in Comal County. Comal County is one of the fastest-growing counties in the United States, anchored by New Braunfels, a city founded by German Prince Carl of Solms-Braunfels in 1845 whose heritage lives on in Wurstfest, historic Gruene, and the Comal and Guadalupe Rivers that draw millions of tubers and kayakers each summer.
The Comal River, the shortest river in Texas at just 2.5 miles, flows entirely within New Braunfels before joining the Guadalupe River. The Guadalupe River canyon through Canyon Lake creates dramatic limestone bluffs and one of the most scenic waterways in Central Texas. Canyon Lake reservoir sits in the northern part of the county.
Spring Branch had an estimated population of 260 as of 2023. The 78070 zip code has a median household income of $115,076, a median home value of $469,500, and a median age of 47.2. The average household size is 2.61 people.
San Antonio and Austin metro growth has made Comal County a premier destination for suburban buyers seeking Hill Country character with urban access. Tourism centered on the rivers, Schlitterbahn waterpark, and historic Gruene Hall, the oldest continually operating dance hall in Texas, generates significant hospitality revenue alongside a booming residential real estate market.
Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).
Listing information © 2026 LERA MLS. All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Ron Chamberlain, Coldwell Banker D'Ann Harper.