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Unrestricted Lake Travis waterfront estate with private dock, panoramic water views, and exceptional short-term rental potential. Located on nearly 2 acres of premier Lake Travis shoreline, this rare property offers direct lake access with no restrictive HOA limitations, making it an outstanding opportunity for Airbnb, VRBO, luxury vacation rental income, or a private waterfront compound. Designed for both luxury living and investment flexibility, the estate functions beautifully as a primary residence, corporate retreat, multi-generational family compound, or high-performing income property in the Lake Travis short-term rental market. The 7,813-square-foot waterfront compound includes three separate structures: a 5,882 sq ft main residence, a 1,259 sq ft two-bedroom guest house, and a dedicated private gym, all set on a stunning 1.98-acre multi-tiered hillside property with sweeping Lake Travis views. The main residence features four ensuite bedrooms, a fifth flexible room, private elevator, theatre room, and a dramatic great room with floor-to-ceiling windows framing the lake, along with a chef’s kitchen equipped with Thermador appliances and custom cabinetry designed for entertaining. Outdoor amenities rival a private resort with a glass-view resort-style pool, firepit lounge, expansive terraces, steam sauna, and a private hillside tram leading directly to the exclusive dock and Lake Travis shoreline. The property is fully automated with Control4 smart home technology and offered fully furnished, creating a turn-key luxury lakefront estate ready for immediate enjoyment or short-term rental operation. With unrestricted use, private dock access, expansive acreage, and strong demand for Lake Travis vacation rentals, this exceptional waterfront estate offers rare lifestyle appeal combined with powerful long-term investment potential.

7 Beds ⋅ 8 Baths ⋅ 9688141 MLS ⋅ 78641 Zip Code

Unrestricted Lake Travis waterfront estate with private dock, panoramic water views, and exceptional short-term rental potential. Located on nearly 2 acres of premier Lake Travis shoreline, this rare property offers direct lake access with no restrictive HOA limitations, making it an outstanding opportunity for Airbnb, VRBO, luxury vacation rental income, or a private waterfront compound. Designed for both luxury living and investment flexibility, the estate functions beautifully as a primary residence, corporate retreat, multi-generational family compound, or high-performing income property in the Lake Travis short-term rental market. The 7,813-square-foot waterfront compound includes three separate structures: a 5,882 sq ft main residence, a 1,259 sq ft two-bedroom guest house, and a dedicated private gym, all set on a stunning 1.98-acre multi-tiered hillside property with sweeping Lake Travis views. The main residence features four ensuite bedrooms, a fifth flexible room, private elevator, theatre room, and a dramatic great room with floor-to-ceiling windows framing the lake, along with a chef’s kitchen equipped with Thermador appliances and custom cabinetry designed for entertaining. Outdoor amenities rival a private resort with a glass-view resort-style pool, firepit lounge, expansive terraces, steam sauna, and a private hillside tram leading directly to the exclusive dock and Lake Travis shoreline. The property is fully automated with Control4 smart home technology and offered fully furnished, creating a turn-key luxury lakefront estate ready for immediate enjoyment or short-term rental operation. With unrestricted use, private dock access, expansive acreage, and strong demand for Lake Travis vacation rentals, this exceptional waterfront estate offers rare lifestyle appeal combined with powerful long-term investment potential.

17011 E Darleen Dr, Leander

BELLAGIO FALLS ON LAKE AUSTIN Bellagio Falls is a preserve-backed Lake Austin estate spanning over six acres with approximately 600 feet of waterfront. Completed in 2018, the nearly 10,000-square-foot residence offers six bedrooms and 6.5 bathrooms, blending Texas ranch character with refined Santa Barbara architectural influence. A defining feature of the property is the series of cascading waterfalls integrated into the landscape, creating a natural soundscape and visual focal point that frames long lake views. Combined with its extensive frontage, the estate provides meaningful separation and privacy rarely found on Lake Austin. The residence includes expansive living areas, inlaid Texas mesquite flooring, a media room, billiards room, and a game room with an official-size shuffleboard. A newly constructed resort-style pool and two-story boat dock extend the estate to the water. A four-car garage, private orchard, and ample room for future additions such as a casita or sport court provide flexibility without compromising scale. The property is surrounded by greenbelt secured through recorded deed restrictions filed with the county, ensuring long-term protection from future development. Across the water lies the Balcones Canyonlands Preserve, federally recognized conservation habitat managed by the City of Austin. The result is open shoreline, reduced congestion, and enduring privacy. Mature oak trees, a century-old heritage pecan, bald cypress, sycamore, mulberry, and fruit trees anchor the grounds, reinforcing the estate’s established and intentional landscape. Bellagio Falls represents a rare combination of scale, protected surroundings, and architectural presence in one of Lake Austin’s most desirable stretches.

6 Beds ⋅ 7 Baths ⋅ 4447742 MLS ⋅ 78732 Zip Code

BELLAGIO FALLS ON LAKE AUSTIN Bellagio Falls is a preserve-backed Lake Austin estate spanning over six acres with approximately 600 feet of waterfront. Completed in 2018, the nearly 10,000-square-foot residence offers six bedrooms and 6.5 bathrooms, blending Texas ranch character with refined Santa Barbara architectural influence. A defining feature of the property is the series of cascading waterfalls integrated into the landscape, creating a natural soundscape and visual focal point that frames long lake views. Combined with its extensive frontage, the estate provides meaningful separation and privacy rarely found on Lake Austin. The residence includes expansive living areas, inlaid Texas mesquite flooring, a media room, billiards room, and a game room with an official-size shuffleboard. A newly constructed resort-style pool and two-story boat dock extend the estate to the water. A four-car garage, private orchard, and ample room for future additions such as a casita or sport court provide flexibility without compromising scale. The property is surrounded by greenbelt secured through recorded deed restrictions filed with the county, ensuring long-term protection from future development. Across the water lies the Balcones Canyonlands Preserve, federally recognized conservation habitat managed by the City of Austin. The result is open shoreline, reduced congestion, and enduring privacy. Mature oak trees, a century-old heritage pecan, bald cypress, sycamore, mulberry, and fruit trees anchor the grounds, reinforcing the estate’s established and intentional landscape. Bellagio Falls represents a rare combination of scale, protected surroundings, and architectural presence in one of Lake Austin’s most desirable stretches.

15016 Flat Top Ranch Rd, Austin

Paradise awaits at this meticulously designed Drees Custom home. Perched atop a hill on an expansive 0.37-acre lot backing to a wooded greenbelt, this home offers an extraordinary living experience inside and out with breathtaking views for miles beyond your backyard oasis. Numerous living and dining spaces offer functionality and impressive designer finishes throughout. The panoramic sliding glass doors seamlessly integrate the indoor and outdoor spaces, guiding you to the outdoor oasis, which features an incredible pool/spa, waterfall, and slide, a built-in kitchen with bar seating, a cozy fireplace, and expansive patio spaces. The manicured landscaping and elegant lighting add to its allure. At the heart of the home, the gourmet kitchen boasts high-end built-in appliances, overlooking a great room with towering ceilings and a modern fireplace. The luxurious primary suite incorporates a private living space, with an opulent ensuite featuring separate vanities, a soaking tub, a walk-in shower with dual shower heads, and a huge dream closet with a custom, built-in storage system. The main-level office, featuring panoramic windows, provides an ideal work environment, while the fourth garage space has been converted into a second office with A/C, a half bath, and a kitchenette. This home includes 2 secondary bedrooms with ensuite baths, a 4th bedroom with two closets, and a 5th bedroom currently suited for a gym with subfloor. The second level offers a lofted game room and a separate media room with a wet bar. The second-floor balcony includes motor shades and a gas fire pit, ensuring an unparalleled outdoor experience upstairs and leaving no detail overlooked. Additional features include an impressive laundry room with cabinetry, sink, and refrigerator space, and a safe room discreetly hidden behind a bookcase door. With $600k+ of interior and exterior upgrades and improvements, this luxury designer home delivers a true Hill Country, unparalleled lifestyle!

5 Beds ⋅ 6 Baths ⋅ 1539231 MLS ⋅ 78641 Zip Code

Paradise awaits at this meticulously designed Drees Custom home. Perched atop a hill on an expansive 0.37-acre lot backing to a wooded greenbelt, this home offers an extraordinary living experience inside and out with breathtaking views for miles beyond your backyard oasis. Numerous living and dining spaces offer functionality and impressive designer finishes throughout. The panoramic sliding glass doors seamlessly integrate the indoor and outdoor spaces, guiding you to the outdoor oasis, which features an incredible pool/spa, waterfall, and slide, a built-in kitchen with bar seating, a cozy fireplace, and expansive patio spaces. The manicured landscaping and elegant lighting add to its allure. At the heart of the home, the gourmet kitchen boasts high-end built-in appliances, overlooking a great room with towering ceilings and a modern fireplace. The luxurious primary suite incorporates a private living space, with an opulent ensuite featuring separate vanities, a soaking tub, a walk-in shower with dual shower heads, and a huge dream closet with a custom, built-in storage system. The main-level office, featuring panoramic windows, provides an ideal work environment, while the fourth garage space has been converted into a second office with A/C, a half bath, and a kitchenette. This home includes 2 secondary bedrooms with ensuite baths, a 4th bedroom with two closets, and a 5th bedroom currently suited for a gym with subfloor. The second level offers a lofted game room and a separate media room with a wet bar. The second-floor balcony includes motor shades and a gas fire pit, ensuring an unparalleled outdoor experience upstairs and leaving no detail overlooked. Additional features include an impressive laundry room with cabinetry, sink, and refrigerator space, and a safe room discreetly hidden behind a bookcase door. With $600k+ of interior and exterior upgrades and improvements, this luxury designer home delivers a true Hill Country, unparalleled lifestyle!

2033 Portobello Rd, Leander

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