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Impressive Lake Austin Compound on +/- 5 Acres

This almost 5-acre, three-tract compound on Lake Austin offers an unparalleled opportunity for luxurious waterfront living, centered around the stunning main house at 4705 Island Cove. Nestled on a privately gated 1.1-acre lot within The Island, an exclusive waterfront community inside the 360 Bridge, this modern masterpiece was meticulously updated by Britt Design Group to create a home designed for entertaining. The multi-level floorplan opens with a grand foyer that leads to breathtaking views of Lake Austin from the rotunda-style living room, which overlooks the sparkling pool and lake below. The main level also features formal and informal dining areas, a chef's kitchen with a walk-in freezer, discreet catering kitchen, and a lounge with a walk-in humidor to socialize after dinner with friends and family.

The primary suite is a serene retreat and offers a dedicated sitting area, dual walk-in closets, a backlit White Patagonia granite shower in the spa-like bathroom, heated floors and towel rack, plus a flexible living area that rounds out the wing. Throughout the home, eight living spaces, including a game room and a lower-level pool lounge, provide endless opportunities to host intimate gatherings or grand events. Outdoors, the luxurious amenities continue with an expansive pool, hot tub, swim-up bar, and a fully equipped outdoor kitchen, perfect for hosting lively poolside gatherings in the summer. The home is complete with three guest rooms, a lower-level kitchenette, saferoom, three-car garage and 2-slip boat garage to ensure both comfort and convenience for guests and owners alike. Every aspect of the home’s AV including music, lighting, patio heaters and security can be controlled by the fully loaded Savant system. Additional upgrades include prewiring for solar, electric car charging in the garage, a pickleball court and back-up generator than can power the whole house.

The second component to the compound is 4400 Island Avenue which compliments the estate with its own unique charm. Currently used as the ultimate retreat, this property boasts a 5-bedroom main house, a detached 1-bedroom casita, and access to a tranquil canal on Lake Austin with a boat dock.

The third and final element, 4709 Island Cove, is a 2.13-acre tree-dotted lot that sits between the two aforementioned properties and offers the option for future expansion or can be maintained as a peaceful green space, providing additional privacy and room to enhance the already impressive estate.

Together, these three tracts offer +/- 4.85 acres, +/- 450 feet of Lake Austin waterfront, and 5 total boat slips creating a rare opportunity to own one of the largest estates on Lake Austin located inside the 360 Bridge. Whether seeking a move-in ready luxury residence or a property with potential for expansion, this compound offers endless possibilities for elegant living on Lake Austin.  

This almost 5-acre, three-tract compound on Lake Austin offers an unparalleled opportunity for luxurious waterfront living, centered around the stunning main house at 4705 Island Cove. Nestled on a privately gated 1.1-acre lot within The Island, an exclusive waterfront community inside the 360 Bridge, this modern masterpiece was meticulously updated by Britt Design Group to create a home designed for entertaining. The multi-level floorplan opens with a grand foyer that leads to breathtaking views of Lake Austin from the rotunda-style living room, which overlooks the sparkling pool and lake below. The main level also features formal and informal dining areas, a chef's kitchen with a walk-in freezer, discreet catering kitchen, and a lounge with a walk-in humidor to socialize after dinner with friends and family. The primary suite is a serene retreat and offers a dedicated sitting area, dual walk-in closets, a backlit White Patagonia granite shower in the spa-like bathroom, heated floors and towel rack, plus a flexible living area that rounds out the wing. Throughout the home, eight living spaces, including a game room and a lower-level pool lounge, provide endless opportunities to host intimate gatherings or grand events. Outdoors, the luxurious amenities continue with an expansive pool, hot tub, swim-up bar, and a fully equipped outdoor kitchen, perfect for hosting lively poolside gatherings in the summer. The home is complete with three guest rooms, a lower-level kitchenette, saferoom, three-car garage and 2-slip boat garage to ensure both comfort and convenience for guests and owners alike. Every aspect of the home’s AV including music, lighting, patio heaters and security can be controlled by the fully loaded Savant system. Additional upgrades include prewiring for solar, electric car charging in the garage, a pickleball court and back-up generator than can power the whole house. The second component to the compound is 4400 Island Avenue which compliments the estate with its own unique charm. Currently used as the ultimate retreat, this property boasts a 5-bedroom main house, a detached 1-bedroom casita, and access to a tranquil canal on Lake Austin with a boat dock. The third and final element, 4709 Island Cove, is a 2.13-acre tree-dotted lot that sits between the two aforementioned properties and offers the option for future expansion or can be maintained as a peaceful green space, providing additional privacy and room to enhance the already impressive estate. Together, these three tracts offer +/- 4.85 acres, +/- 450 feet of Lake Austin waterfront, and 5 total boat slips creating a rare opportunity to own one of the largest estates on Lake Austin located inside the 360 Bridge. Whether seeking a move-in ready luxury residence or a property with potential for expansion, this compound offers endless possibilities for elegant living on Lake Austin.  
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Price Upon Request

4705 Island Cove, 4709 Island Cove & 4400 Island Avenue

10 Beds

Description

This almost 5-acre, three-tract compound on Lake Austin offers an unparalleled opportunity for luxurious waterfront living, centered around the stunning main house at 4705 Island Cove. Nestled on a privately gated 1.1-acre lot within The Island, an exclusive waterfront community inside the 360 Bridge, this modern masterpiece was meticulously updated by Britt Design Group to create a home designed for entertaining. The multi-level floorplan opens with a grand foyer that leads to breathtaking views of Lake Austin from the rotunda-style living room, which overlooks the sparkling pool and lake below. The main level also features formal and informal dining areas, a chef's kitchen with a walk-in freezer, discreet catering kitchen, and a lounge with a walk-in humidor to socialize after dinner with friends and family.

The primary suite is a serene retreat and offers a dedicated sitting area, dual walk-in closets, a backlit White Patagonia granite shower in the spa-like bathroom, heated floors and towel rack, plus a flexible living area that rounds out the wing. Throughout the home, eight living spaces, including a game room and a lower-level pool lounge, provide endless opportunities to host intimate gatherings or grand events. Outdoors, the luxurious amenities continue with an expansive pool, hot tub, swim-up bar, and a fully equipped outdoor kitchen, perfect for hosting lively poolside gatherings in the summer. The home is complete with three guest rooms, a lower-level kitchenette, saferoom, three-car garage and 2-slip boat garage to ensure both comfort and convenience for guests and owners alike. Every aspect of the home’s AV including music, lighting, patio heaters and security can be controlled by the fully loaded Savant system. Additional upgrades include prewiring for solar, electric car charging in the garage, a pickleball court and back-up generator than can power the whole house.

The second component to the compound is 4400 Island Avenue which compliments the estate with its own unique charm. Currently used as the ultimate retreat, this property boasts a 5-bedroom main house, a detached 1-bedroom casita, and access to a tranquil canal on Lake Austin with a boat dock.

The third and final element, 4709 Island Cove, is a 2.13-acre tree-dotted lot that sits between the two aforementioned properties and offers the option for future expansion or can be maintained as a peaceful green space, providing additional privacy and room to enhance the already impressive estate.

Together, these three tracts offer +/- 4.85 acres and +/- 450 feet of Lake Austin waterfront, creating a rare opportunity to own one of the largest estates on Lake Austin located inside the 360 Bridge. Whether seeking a move-in ready luxury residence or a property with potential for expansion, this compound offers endless possibilities for elegant living on Lake Austin. 24-Hour Advance Showing Notice.

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Location

4705 Island Cove , Austin, TX 78731

Status

Pocket Listing: For Sale

Together, these three tracts sit on 4.8 acres and offer +/- 450' of Lake Austin waterfront, creating a rare opportunity to own one of the largest estates on the lake. Whether seeking a move-in ready luxury residence or a property with potential for expansion, this compound offers endless possibilities for elegant living on Lake Austin. 

Features & Amenities

01

Interior

Total Bedrooms

10

Full Bathrooms

9

Half Bathrooms

3
01

Exterior & Building

Garage Spaces

6

Pool

Pool

Lot Features

Waterfront
01

Lot & Area

Status

Pocket Listing: For Sale

Lot Size

4.856 Acres

Type

Residential

Neighborhood

Lake Austin

Lifestyles

Lakefront, Waterfront

Water Frontage

+/- 450'

Elementary School

Highland Park

Middle School

Lamar

High School

McCallum

School District

Austin ISD
01

Finance

Price Upon Request

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Lake Austin

Welcome to Lake Austin

Lake Austin real estate is diverse. Contact the Austin agents & realtors at the Eric Moreland Group to find lakefront property, houses, land, estates, and waterfront homes for sale in Lake Austin, TX.

Welcome to Lake Austin Lake Austin real estate is diverse. Contact the Austin agents & realtors at the Eric Moreland Group to find lakefront property, houses, land, estates, and waterfront homes for sale in Lake Austin, TX.
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Eric Moreland

EM

Eric Moreland

Founder of EMgroup, Licensed Real Estate Broker Associate, Elite25 Austin Member

449345

Raised in Austin, Eric Moreland has been involved in entrepreneurial investments and local real estate for most of his life, beginning in high school. Growing up on Lake Austin, Eric’s first job was at Oyster Landing’s Boat Town where he quickly met every boat owner on the lake. These connections became an asset as he began his own real estate p...

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