Gated waterfront Spanish hacienda style custom home on 2.58 acres in Magnolia! Secluded with a privacy wall around the property, yet close to shops, schools, restaurants and FM 2978. Circular drive, beautiful fountain, limestone exterior, antique entry doors, venetian plastered walls, groin ceilings, decorative stone, surround sound, and stunning hardwood floors. As you enter the family room with dual sided fireplace and wood beam ceiling, you’ll see the beautiful backyard and pool through the wall of glass and wrought iron doors; brick archways lead to the island kitchen with huge walk in pantry and barrel ceiling, which opens to the breakfast alcove. The game room is located off the kitchen with wet bar; formal dining with wine grotto; study with marble fireplace and built-ins; guest suite and owner’s retreat down; 3 bedrooms, media room and balcony up; backyard features a Pebble Tec pool and spa, outdoor fireplace and your own private dock overlooking the lake.