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Crystal Olenbush

512-344-6000
  • 10500 Milky Way

  • $2,950,000
  • 5 Beds, 6 Bath, 6261 SQ. Feet, 1.12 Acres Residential Austin, TX 78730

Set on a beautifully landscaped 1.12-acre homesite in one of Austin’s premier luxury communities, this custom estate offers the rare combination of timeless design, functional living, and resort-style outdoor spaces. From the moment you arrive, the home’s commanding presence and mature landscaping create a sense of privacy and elegance that continues throughout all 6,261 square feet. Designed with both everyday comfort and entertaining in mind, the floor plan lives beautifully with 5 spacious en suite bedrooms, including 3 on the main level and 2 upstairs. The heart of the home is the stunning great room, where soaring spaces and a dramatic stone fireplace create a warm yet sophisticated gathering place. Multiple living and entertaining areas provide incredible flexibility, including formal and casual dining spaces, a private office, downstairs billiards/game room, and an upstairs game room with dedicated media room. The gourmet kitchen opens seamlessly to the living spaces and is equipped for both casual family dinners and large-scale entertaining. Premium stainless appliances include a 48” Wolf range, three ovens, warming drawer, built-in refrigerator, microwave oven, and two beverage refrigerators. An oversized utility room with abundant storage, sink, and additional refrigerator space adds everyday convenience rarely found in luxury homes. Step outside and the property transforms into a true private retreat. Expansive covered patios are designed for year-round enjoyment with a built-in grill, sink, and outdoor television overlooking the resort-style pool and spa. A fire pit and multiple entertaining areas create the perfect setting for everything from quiet evenings under the stars to unforgettable gatherings with family and friends. This is Austin Hill Country living at its finest, yet only 14 miles to downtown Austin.

View More Properties in River Place. View More Properties in the 78730 Zip Code. View More Properties in the Leander School District.

Essential Information

  • MLS® #2381013
  • Price$2,950,000
  • Bedrooms5
  • Bathrooms6.00
  • Full Baths5
  • Half Baths1
  • Square Footage6,261
  • Acres1.12
  • Year Built2005
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address10500 Milky Way
  • SubdivisionPreserve At River Place Sec 02
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78730

Amenities

  • # of Garages3
  • GaragesGarage Door Opener
  • ViewNone
  • WaterfrontNone
  • Has PoolYes

Utilities

Electricity Connected, Natural Gas Available, Water Connected, Underground Utilities

Features

Common Grounds/Area, Golf, Playground, Park, Sport Court(s), Tennis Court(s), Trails/Paths, Curbs, Fishing

Parking

Attached, Garage, Garage Door Opener, Garage Faces Side, Guest

Interior

  • InteriorCarpet, Tile, Wood
  • FireplaceYes
  • # of Fireplaces3
  • # of Stories2
  • StoriesTwo

Appliances

Built-In Electric Oven, Built-In Gas Range, Bar Fridge, Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Stainless Steel Appliance(s), Wine Refrigerator, Built-In Refrigerator

Heating

Central, Fireplace(s), Natural Gas, Forced Air

Cooling

Central Air, Ceiling Fan(s), Electric

Fireplaces

Outside, Gas, Great Room, Masonry, Raised Hearth

Exterior

  • RoofMetal
  • ConstructionStone Veneer, Stucco
  • FoundationSlab

Exterior Features

Gas Grill, Outdoor Grill, Rain Gutters, Fire Pit

Lot Description

Sprinklers In Rear, Sprinklers In Front, Landscaped, Many Trees, Sprinklers Automatic, Sprinklers In Ground, Sprinklers On Side

Windows

Screens, Window Treatments, Drapes, Insulated Windows

School Information

  • DistrictLeander ISD
  • ElementaryRiver Place
  • MiddleFour Points
  • HighVandegrift

Map & Directions

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Property Listed by: Keller Williams - Lake Travis

The information being 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.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from June 11th, 2026 at 5:06pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. 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. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.