Welcome to luxury waterfront living in the exclusive gated community of Catalina Bay on Lake Granbury. This is a rare opportunity to own a premier waterfront property, ideally positioned on a protected canal just three lots from the open waters of Lake Granbury and adjoining the bay. Meticulously maintained by its original owner, this exceptional custom home showcases timeless design, quality craftsmanship, and impeccable attention to detail. Architectural features include curved walls, exposed wood beams, natural stone accents, solid hardwood floors, expansive windows with beautiful water views, spacious living areas, abundant custom cabinetry, gourmet kitchen with generous prep space, and an atmosphere that is elegant, inviting, and set up for entertaining. The private primary suite is a true retreat, featuring a fireplace, sitting area, spa-inspired bath, and peaceful waterfront views. Generous closet space throughout with a cedar closet, and interior closets reinforced for stormy weather. Designed for both everyday living and entertaining, the home's seamless indoor-outdoor flow leads to an exceptional resort-style backyard. Situated on one of the largest homesites in Catalina Bay at just over 0.6 acres, the extensively landscaped grounds are shaded by mature trees and offer expansive covered outdoor living areas, a built-in grill, sparkling pool with swim jets, and a private boat dock. Perfect for boating, fishing, sunset gatherings, or simply enjoying the waterfront lifestyle. The oversized three-car garage includes a climate-controlled third bay, ideal for a workshop, fitness area, golf cart storage, additional storage, or hobby space. Located just minutes from Granbury's historic downtown square, Harbor Lakes Golf Club, shopping, dining, and entertainment, this remarkable waterfront home combines luxury lakefront living with the convenience of city amenities and easy access to the DFW Metroplex. This location and detail does not come on the market often!