5 Water Front, Lakeway, Texas

$3,950,000
Active
5 Water Front, Lakeway, Texas
5 Water Front, Lakeway, Texas
5 Water Front, Lakeway, Texas
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Property Details

MLS ID: 3455124
Status: Active
Price: $3,950,000
Acres:
Type: Single Family, Residential
Address: 5 Water Front
City, State: Lakeway, TX
County: Travis County
ZIP Code: 78734
Parcel Number: 01418301370000
Bedrooms: 4
Bathrooms: 6
SqFt: 5,270
Year Built: 2002

Description

Overlooking sparkling Lake Travis, this Italian-villa-inspired waterfront estate offers one of the most spectacular views in Lakeway and sits high on a rare two-acre homesite within the prestigious, gated community of the Water Front.

The home is setback off a quiet cul-de-sac behind a private gated entrance and long driveway, providing an exceptional sense of privacy and scale that’s hard to come by in the coveted Old Lakeway area. Combined with expansive manicured lawns, lush landscaping, and an elegant courtyard with a striking fountain pool, the curb appeal is dramatic and impressive.

Custom built by award-winning Vintage Builders, the home showcases outstanding craftsmanship and timeless architectural details including handpainted barrel ceilings, extensive built-in woodwork, and an infinity-edge pool overlooking the deep waters of Lake Travis. The floorplan, spanning approximately 5,200 SF, was thoughtfully designed with beautiful spaces for everyday comfort and sophisticated entertaining. Multiple living and dining areas are found throughout the home, as well as dual master suites on the first floor and two additional guest bedrooms upstairs both with private en suite bathrooms. Plus unique features like the grand foyer, wood-paneled family room, and two-story study add flair and multi-purpose function.

With unforgettable views, exquisite style, and resort-style living 5 Water Front Avenue is a one-of-a-kind lakefront estate in the heart of Lakeway, the caliber of which rarely becomes available.

Directions: From RR 620, turn onto Lakeway Blvd, then RIGHT onto Lakeway Drive, then LEFT onto Dragon. Follow until RIGHT onto Lake Estates Drive with the front gate to the Water Front community. (Agent will provide gate code upon confirmed showing.) Follow Lake Estates Drive until it dead ends at Water Front Avenue. Take a RIGHT and curve around cul-de-sac to 5 Water Front Avenue. Property gate will be open. There are no sale signs.

Cody Maxwell

Cody Maxwell

Capitol Ranch Real Estate, LLC

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Cody Maxwell
Capitol Ranch Real Estate, LLC
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© 2026 Austin Board of REALTORS® Based on information submitted to the MLS GRID as of May 7, 2026 at 12:00:00 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listed By: Hannah Lloyd of Moreland Properties - (512) 422-3750