This is a premium, elevated, 1.44-acre, extensive "lake view" lot in the highly desirable gated Peninsula area of Mystic Shores at Canyon Lake. The lot provides both excellent privacy and unobstructed, sweeping, 90-degree-plus Lake Views that cannot be blocked by future homes or tree growth. There are several building sites along the gently sloping eastern side of a high ridge that offer superior privacy from the road and amazing, ground level, unobstructed views of Canyon Lake to the east and south. The front of the lot faces Southeast for cheerful lighting from sunrise to late afternoon. Tree growth along the ridge line to the west provides shade for cooler summertime afternoons. Tree growth to the north provides additional total privacy from neighboring homes. This lot has several excellent "lake view" sites for a 1-story home. A 2-story home is optional, but not necessary for unobstructed lake views to the southeast. The lot can be purchased now and built upon later with a builder of your choice. The community Lake Park swimming pool, tennis and basketball courts are only minutes away. Canyon Lake access via Boat Launch Ramp #23 is available from this premium lot via a leisurely 12-minute neighborhood drive without having to leave the beautiful Mystic Shores community.