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5 Water Front Ave

Lakeway, TX 78734
  • $3,950,000
  • STATUS: Active
  • ID#: 3455124
$3,950,000
  • 4
    BEDS
  • 2
    ACRES
  • 4
    BATHS
  • 2
    1/2 BATHS
  • 5,270
    SQFT
  • $750
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2002
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Property listed by Hannah Lloyd of Moreland Properties: (512) 263-3282.

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.

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© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-04-18T00:00:29.85.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2026-04-18T00:00:29.85 (date and time MLS GRID Data was obtained). 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. Click here for MLS GRID DMCA Notice
austin.benkinneyteam.com/homes/174322419
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5 Water Front Ave Lakeway, TX 78734

  • Price: $3,950,000
  • Status: Active
  • On Site: Days
  • ID#: 3455124
4
Beds
4
Baths
2
½ Baths
2
Acres
5,270
SQFT
$750
$/SQFT
2002
Built
Neighborhood:
Lakeway Sec 37
County:
Travis
Area:
Lakeway
Elementary School:
Serene Hills
Middle School:
Hudson Bend
High School:
Lake Travis
School District:
Lake Travis ISD
Property 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.
Exterior Features

Attached Garage YN No Covered Spaces 3 Direction Faces NW Exterior Features BalconyOutdoor GrillPrivate EntrancePrivate Yard Fencing FencedFullGateWrought Iron Foundation Details Slab Garage YN Yes Levels Two Lot Features Cul-De-SacFront YardLandscapedPrivateSprinkler - In-groundMany TreesViews Other Structures None Parking Features Additional ParkingDrivewayGarageGatedHeated Garage Patio And Porch Features CoveredPatioTerrace Roof BarrelConcreteTile View LakePanoramicPoolWater Water Body Name Lake Travis Waterfront Features Lake FrontWaterfront Waterfront YN Yes

Interior Features

Appliances Bar FridgeBuilt-In Oven(s)DishwasherDisposalGas CooktopMicrowavePlumbed For Ice MakerRefrigeratorStainless Steel Appliance(s) Cooling Central Air Fireplace Features Gas StarterLiving Room Fireplaces Total 1 Flooring CarpetStoneWood Heating Central Interior Features 2 Primary SuitesBarBookcasesBuilt-in FeaturesCeiling Fan(s)High CeilingsCentral VacuumGranite CountersCrown MoldingDouble VanityEntrance FoyerFrench DoorsKitchen IslandMultiple Dining AreasMultiple Living AreasPantryPrimary Bedroom on MainStorageStudy/Home OfficeWalk-In Closet(s)Wet Bar Laundry Location InsideLaundry RoomMain Level Main Level Bedrooms 2 Num Dining 2 Num Living 4 Num Other Level Beds 2 Window Features Plantation ShuttersScreensWood Frames

Property Features

Accessibility Features Hand Rails Additional Parcels YN No Association Fee 2000 Association Fee Frequency Annually Association Fee Includes Common Area MaintenanceSecurity Association YN Yes Community Features Cluster MailboxControlled AccessGated Estimated Taxes 53226 Fema Flood Plain No Horse YN No Listing Terms CashConventional New Construction YN No Pool Features In GroundInfinityOutdoor PoolWaterfall Pool Private YN Yes Property Condition Resale Property Sub Type Single Family Residence Sewer Municipal Utility District (MUD) Special Listing Conditions Standard Tax Annual Amount 53225.92 Utilities Electricity ConnectedPropaneSewer ConnectedUnderground UtilitiesWater Connected Water Source Municipal Utility District (MUD)



© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-04-18T00:00:29.85.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2026-04-18T00:00:29.85 (date and time MLS GRID Data was obtained). 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. Click here for MLS GRID DMCA Notice
 
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Ben Kinney Real Estate Team
1801 S MoPac Expy, #100
Austin TX, 78746
Property listed by Hannah Lloyd of Moreland Properties: (512) 263-3282.