5 Water Front Ave, Lakeway, TX 78734
Local realty services provided by:ERA Brokers Consolidated
Listed by: hannah lloyd
Office: moreland properties
MLS#:3455124
Source:ACTRIS
Price summary
- Price:$3,950,000
- Price per sq. ft.:$749.53
- Monthly HOA dues:$166.67
About this home
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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Home facts
- Year built:2002
- Listing ID #:3455124
- Updated:March 21, 2026 at 02:51 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:6
- Full bathrooms:4
- Half bathrooms:2
- Flooring:Carpet, Stone, Wood
- Kitchen Description:Bar Fridge, Built-In Oven(s), Dishwasher, Disposal, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Stainless Steel Appliance(s)
- Living area:5,270 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Concrete, Tile
- Year built:2002
- Building area:5,270 sq. ft.
- Lot Features:Cul-De-Sac, Front Yard, Landscaped, Many Trees
- Construction Materials:Masonry Partial, Stone, Stucco
- Exterior Features:Balcony, Outdoor Grill, Private Entrance, Private Yard
- Foundation Description:Slab
Schools
- High school:Lake Travis
- Elementary school:Serene Hills
Utilities
- Water:MUD
Finances and disclosures
- Price:$3,950,000
- Price per sq. ft.:$749.53
- Tax amount:$53,226 (2025)
Features and amenities
- Appliances:Bar Fridge, Built-In Oven(s), Dishwasher, Disposal, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Stainless Steel Appliance(s)
- Amenities:Bookcases, Pantry, Storage
Parking
- Total parking spaces:10
- Parking description:Additional Parking, Driveway, Garage, Gated, Heated Garage
- Garage:Yes
- Garage spaces:3
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