Welcome to The Stables at Wolf Point, a one-of-a-kind coastal investment opportunity located in between Port Lavaca and Palacios, within the Driftwood Shores community. Situated on 8.24 acres along a peninsula, this unique property offers panoramic water views in every direction and approximately 100 feet of frontage on Carancahua Bay, leading directly into Matagorda Bay.
Originally designed as converted horse stall condos, this property blends character with income potential. Currently, two fully completed and livable units (640- 720 sq ft) are in place, perfect for immediate rental income or personal use. Potential for an additional eight units, with a new metal roof installed and well and septic, this gives buyers a major head start to complete and customize the remaining units to their vision.
This is a true value add investment opportunity with strong short-term rental potential. With 10 total units averaging $120/night at just 40% occupancy, the projected annual income approaches $175,000+, making this an ideal setup for an Airbnb compound, boutique coastal retreat, or long-term rental portfolio.
Infrastructure is already in place to support the full buildout, including:
Commercial water well (600 GPM)
New commercial septic system sized for all 10 units
Electricity on site
Paved road access throughout the community
The property also features an additional 2,500 sq ft building, offering endless possibilities for storage, event space, or further development.
Located within Driftwood Shores, owners and guests enjoy access to:
100 feet of Bayfront on property
Private boat launch
Kayak launch
Community pool and pavilion
A growing coastal community with over 200 property owners
With no floodplain concerns and the ability to build a private dock (with permit approval), this property is perfectly positioned for those seeking coastal living, recreation, and income all in one.
Whether you're looking to expand your investment portfolio or create a destination getaway, The Stables at Wolf Point delivers immediate income with massive upside potential.