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Crystal Olenbush

  • 15208 Rainbow One Street

  • $6,900,000
  • 6 Beds, 6 Bath, 8162 SQ. Feet, 3.03 Acres Residential Austin, TX 78734

Spectacular Lake Travis Gated Retreat. This unique waterfront estate is arranged on an impressive 3-acres with over 470’ of Lake Travis shoreline. The beautifully manicured heritage trees and lush grassy knolls are fully enclosed with a privacy fence. Expect excellence at every turn when you walk into the main level of this one-of-a-kind extraordinary property that has been completely renovated for a casual modern lifestyle. The open floorplan boasts panoramic lake views, vaulted wood-beamed ceilings, and wall-to-wall windows. The gourmet kitchen is designed for entertaining with all new cabinets and granite countertops. Thermador appliances include 2 built-in refrigerators, 5 burner cooktop, double ovens, and more. The oversized island has a veggie sink, appliance lift, and counter seating. Butler’s pantry is also a serving room. Entertaining is a delight in the well-appointed dining area set alongside a stately stone fireplace adjoining the exclusive bar with counter seating and sonic-style ice maker! The main level features a wrap-around balcony, lake views, views, views, the morning sunrise, and sensational outdoor living. The main level includes 2 master suites, 2 bedrooms, 4 bathrooms, a study with built-ins, and laundry room. Wine storage cellar. Elevator. Mechanical room, custom security system, and outdoor lighting to ensure privacy. The first level features an exclusive area for guests and family to gather with a full kitchen, walk-in pantry, family room, and access to the resort-style pool & spa. The first level includes 2 bedrooms, one with custom built-in bunk beds, 2 bathrooms, laundry room, full gym/exercise room. This property offers a waterfront stone deck fire pit area, private boat launch for guests, a covered boat dock that fits a pontoon or ski boat, an entertaining deck, and a secure storage area. Lake-side dining and gas station are just across the bay. This property is a Lake Travis jewel for living, entertaining, and working from home.

View More Properties in the 78734 Zip Code. View More Properties in the Lake Travis School District.

Essential Information

  • MLS® #4793516
  • Price$6,900,000
  • Bedrooms6
  • Bathrooms6.00
  • Full Baths6
  • Square Footage8,162
  • Acres3.03
  • Year Built1997
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address15208 Rainbow One Street
  • SubdivisionTravis Landing
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78734


  • FeaturesCommon Grounds/Area, Lake
  • # of Garages4
  • GaragesGarage Door Opener
  • ViewHills, Lake, Trees/Woods
  • Is WaterfrontYes
  • Has PoolYes


Propane, Underground Utilities, Water Connected


Additional Parking, Carport, Garage, Garage Door Opener, Gated, Oversized, Private, Garage Faces Side, Storage, Workshop in Garage


Lake Front, Waterfront, Boat Ramp/Lift Access


  • InteriorStone, Tile
  • HeatingCentral, Fireplace(s), Propane
  • CoolingCentral Air, Ceiling Fan(s)
  • FireplaceYes
  • # of Fireplaces2
  • FireplacesGas
  • # of Stories2
  • StoriesTwo


Bar Fridge, Built-In Refrigerator, Convection Oven, Wine Cooler, Water Purifier


  • RoofMetal
  • ConstructionStucco
  • FoundationSlab

Exterior Features

Balcony, Barbecue, Boat Slip, Boat Ramp, Dock, Gas Grill, Lighting, Private Yard

Lot Description

Private, Sprinklers Automatic, Trees Medium Size, Views


Double Pane Windows, Shutters, Window Coverings

School Information

  • DistrictLake Travis ISD
  • ElementaryLake Travis
  • MiddleHudson Bend
  • HighLake Travis

Map & Directions

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Property Listed by: Realty Austin

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 October 21st, 2021 at 1:38am 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.