Nestled across 236 acres of prime land in Gillespie and Kendall Counties, this breathtaking ranch offers a blend of live water and hunting pasture. Located between Fredericksburg and Comfort, Texas, this property is a mere stones throw from the renowned Texas wine country, with convenient access off Highway 87. The crown jewel of this ranch is the timeless 2,500 square-foot rock ranch house, perched elegantly above the tranquil banks of Bear Creek. Boasting four bedrooms, four full bathrooms, vaulted ceilings with exposed wood beams, and a floor-to-ceiling stone fireplace, this home is both luxurious and charming. Upon entering the ranch, you'll find two meticulously restored historic German stone block homes, perfect for a bed-and-breakfast or guest accommodations. Additional amenities include a 2,000 square-foot insulated party barn with concrete floors and roll-up doors, ideal for entertaining. A 1,000 square-foot covered shed provides ample storage space. Water is plentiful on this ranch, thanks to a professionally engineered three-tier spillway system on Left Bear Creek. This system creates large pools covering nearly seven acres, with depths up to 15 feet. The creek, stretching almost three-quarters of a mile, is teeming with bass, perch, and catfish. An electric water well supplies water to the home and barns. The property is fenced with well-maintained low-fencing on three sides and high-fencing on the other. Wildlife thrives in this habitat, making it a haven for hunting. Species such as Axis, Whitetail deer, turkey, quail, dove, duck, and other seasonal waterfowl are commonly spotted on the property. This exceptional ranch is a true gem and must be seen to be fully appreciated. Over $100k+ in guesthouse income in 2023. Assumable farm credit loan under 4% is possible. Showings are by appointment only and must work around active guesthouse bookings.