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Crystal Olenbush

512-344-6000
  • 5 Water Front Avenue

  • $3,950,000
  • 4 Beds, 6 Bath, 5270 SQ. Feet, 2.00 Acres Residential Lakeway, TX 78734

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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Essential Information

  • MLS® #3455124
  • Price$3,950,000
  • Bedrooms4
  • Bathrooms6.00
  • Full Baths4
  • Half Baths2
  • Square Footage5,270
  • Acres2.00
  • Year Built2002
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address5 Water Front Avenue
  • SubdivisionLakeway Sec 37
  • CityLakeway
  • CountyTravis
  • StateTX
  • Zip Code78734

Amenities

  • FeaturesCommunity Mailbox, Gated
  • # of Garages3
  • ViewWater, Lake, Panoramic, Pool
  • Is WaterfrontYes
  • WaterfrontLake Front, Waterfront
  • Has PoolYes

Utilities

Electricity Connected, Propane, Sewer Connected, Underground Utilities, Water Connected

Parking

Additional Parking, Driveway, Garage, Gated, Heated Garage

Interior

  • InteriorCarpet, Stone, Wood
  • HeatingCentral
  • CoolingCentral Air
  • FireplaceYes
  • # of Fireplaces1
  • FireplacesGas Starter, Living Room
  • # of Stories2
  • StoriesTwo

Appliances

Built-In Oven, Dishwasher, Gas Cooktop, Disposal, Microwave, Plumbed For Ice Maker, Refrigerator, Stainless Steel Appliance(s), Bar Fridge

Exterior

  • RoofBarrel, Concrete, Tile
  • ConstructionMasonry, Stone, Stucco
  • FoundationSlab

Exterior Features

Balcony, Outdoor Grill, Private Yard, Private Entrance

Lot Description

Cul-De-Sac, Front Yard, Landscaped, Private, Many Trees, Sprinklers In Ground, Views

Windows

Plantation Shutters, Screens, Wood Frames

School Information

  • DistrictLake Travis ISD
  • ElementarySerene Hills
  • MiddleHudson Bend
  • HighLake Travis

Map & Directions

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Property Listed by: Moreland Properties

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 April 14th, 2026 at 1:15am 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.