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WANDERLUST GUEST SUITES - PRIME INVESTMENT OPPORTUNITY. A rare chance to acquire a fully permitted four-plex currently operating as Wanderlust Guest Suites"”a distinctive short-term rental property located just minutes from Fredericksburg's Main Street. This boutique collection of guest houses has built a strong reputation for its artful design and great guest experience, drawing repeat visitors. Each of the four guest suites has off-street parking and its own private hot tub, along with two spacious bedrooms (both with king beds), two bathrooms (the main en-suite), a full kitchen with sparkling appliances, and open dining and living areas. All suites open onto a well designed central courtyard featuring fire pits, two gas grills, one charcoal grill, picnic tables, and a covered pavilion that invites guests to gather and relax outdoors. Every suite is infused with collector's pieces, art, and photography from around the world giving each space its own personality and warmth. The result is a refined yet welcoming environment that stands out among Fredericksburg's short-term rentals. Extensively updated in 2021, the property features a new roof, plumbing, flooring, appliances, and four HVAC systems. Each suite holds its own short-term rental permit"”four in total"”and all furnishings, fixtures, artwork, appliances and hot tubs convey with the sale. Future bookings and income records are available, making this a true turnkey investment. Wanderlust Guest Suites offers investors the rare combination of income performance, thoughtful design, and prime location"”an established property that captures the essence of Fredericksburg hospitality while delivering lasting value. ALL UNITS HAVE THE SAME LAYOUT AND PHOTOGRAPHS REFLECT EACH UNIT'S INDIVIDUAL FEATURES. ALL UNITS HAVE PRIVATE HOT TUB.
| DAYS ON MARKET | 178 | LAST UPDATED | 3/26/2026 |
|---|---|---|---|
| TRACT | Live Oak Hill | YEAR BUILT | 1997 |
| COMMUNITY | City-Southwest | COUNTY | Gillespie |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| School District | Fredericksburg |
|---|
| PRICE HISTORY | |
| Prior to Jan 7, '26 | $1,340,000 |
|---|---|
| Jan 7, '26 - Mar 26, '26 | $1,245,000 |
| Mar 26, '26 - Today | $1,125,000 |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Microwave, Range, Refrigerator |
| AREA | City-Southwest |
| HEAT | Central, Electric |
| INTERIOR | Walk-in Closet(s) |
| LOT | 0.4316 acre(s) |
| LOT DESCRIPTION | Level |
| PARKING | Concrete, Attached |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Ranch |
| SUBDIVISION | Live Oak Hill |
| TAXES | 20731 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Portfolio Real Estate - KW
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This IDX solution is (c) Diverse Solutions 2026.