OPEN CANAL VIEWS! HUGE LOT! TWO LIVING SPACES! LARGE SQUARE

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Home For Sale

488 Margo Lane

Port Aransas, Texas 78373

Nueces County

Waterfront: Yes

Water View: Yes

Community: Mustang Beach

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$1,895,000 5 br, 4.0 bath 3366 sq. ft. 0.410 acres

OPEN CANAL VIEWS! HUGE LOT! TWO LIVING SPACES! LARGE SQUARE FOOTAGE!! Welcome to 488 Margo Lane! Located in the coveted canal neighborhood of Island Moorings, this ICONIC 5-bedroom 4 bath home offers SO MANY unique and desired qualities!! Starting upstairs, the inverted floor plan hosting an open kitchen/living/dining space with cozy fireplace lives beautifully. Outside, the complete wrap around balcony extends the living space and offers stunning OPEN CANAL VIEWS!! Upstairs is complete with a spacious master suite, king guest bedroom, flexible study/bedroom, full bath and designated laundry room. Downstairs offers 2 guest bedrooms with king beds and en-suite bathrooms. A second family room entertains beautifully. Imagine grilling diner in the backyard and enjoying a family meal while taking in the great views! The updated dock space offers 2 boat slips with lifts. Unique to Port Aransas real estate, this property sits on a HUGE LOT! Extending down Bayside and fronting Margo Lane, there is plenty of room to add a pool, guest house or both! Offering a 3 car drive through garage, ample parking and plenty of storage this home would make a lovely primary residence or fabulous second home. Make your island dreams come true at 488 Margo Lane!

Interior:
  • Bedrooms: 5
  • Baths: 4.0
  • Sq Ft: 3366
  • Year Built: 1998
  • Utilities: 
  • Fireplaces: Has Fireplace
  • Stories: 2
  • Heat/AC: 
  • Garage: Garage, Off Street
Exterior:
  • Lot Size: 0.410 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: Water
  • Yard: 
  • Siding: HardiplankType
  • Roof: Shingle
  • MLS #: 467366
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Contact Information:
Beach Home For Sale in Port Aransas, Texas
Listing Agent: Ryan Richter, Ryan Richter, Broker, 361-815-6784, 361-815-6784 Listing Site, Listing Status: Active
Copyright © 2025 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6802617
Viewed 32 times.
Updated: Nov 06, 2025

This property is a Home located at 488 Margo Lane, Port Aransas, Texas 78373, and is currently For Sale at $1,895,000. This Home has 5 bedrooms, 4.0 baths, 3366 sq ft.