Pricing for riverfront homesites begins at $1 million, according to the release, and each site will have 120-282 feet of waterfront property.
Located along FM 306 near Canyon Lake, the 155-acre community will include 211 homesites at varying sizes, a hotel, conservation land and commercial buildings.
Kotzur estimates the community will be built out in three to four years, and road and utility construction is slated to begin in July.
“This has been the most desired Guadalupe riverfront parcel in all of Comal County for the last 20 years, and this is a 15-year negotiation in the making,” developer Will Korioth said in a press release.
The property will also offer amenities including a natural spring swimming lagoon, a hike-and-bike trail along the Guadalupe River, kayak huts and fishing access to local rainbow trout populations.
For more information about the community, visit www.bluffsonguad.com.