One of the premier waterfront homesites in the exclusive 505 Ranch on Cedar Creek Lake, this property combines expansive open-water views with privacy and convenient access to community amenities, including stocked fishing ponds and the clubhouse pool. This exceptional lot spans 1.62 wooded acres with 161 feet of shoreline, delivering breathtaking, unobstructed lake views. Set within a gated, master-planned community featuring 400 acres of shared space, 505 Ranch offers an unmatched lifestyle with an equestrian center, polo field, riding arena, skeet range, wooded hiking and biking trails, ATV paths, and more. All 56 original developer waterfront lots have sold, leaving only a limited number of privately owned parcels available--Lot 47 stands out as one of the very best locations among those remaining, offering superior views, privacy, and location. Surrounding homes showcase luxury estates thoughtfully positioned on spacious, tree-filled lots. Build with the builder of your choice and create a custom retreat tailored to your vision. Owners may reserve time at the on-site guest cottage during the building process and enjoy the full range of amenities while connecting with neighbors at the at the clubhouse, pool, and sandy beach. With 24-hour ranch staff and available concierge services, this property offers both convenience and exclusivity--all less than an hour from Downtown Dallas. A rare opportunity to own a lakefront property with the added benefits of a private ranch lifestyle--truly one of a kind on Cedar Creek Lake.