Welcome to 5420 Petticoat Lane, a 9+ acre, private pinnacle of Austin, Texas with sweeping views of downtown, the Texas State Capitol, the UT Tower and the surrounding hill country. It's rare that a property with this exclusivity and natural beauty hits the market, and especially one that's only 10 minutes to downtown and in the exemplary Eanes Independent school district. Towering over the property, the majestic oaks create a picturesque and shady canvas for what deserves to encase one of Austin's premier compounds. Few limitations or restrictions exist since the property is in Travis county vs. the city, which allows many creative uses of the property including perhaps beating the traffic and traveling by helicopter once in a while. ~1200 feet of the lot backs to Wild Basin & Balcones Canyonland preserve land thus providing what appears to be a lifetime of peace and privacy on your own hilltop. Escape to your own walking trails along the Wild Basin Ledge while watching downtown, "so close, yet so far", come alive each morning and each night with sunrises, sunsets, festival lights or even storms rolling through Austin. The true-to-form existing 4 BDRM/3.5 bath home is approximately 6542 square feet, and it provides ample bones to recreate and renovate or add additional structures as desired. If someone wants to start from scratch to build the home of their dreams, the property is beckoning an architectural masterpiece as unique and dazzling as the setting. You must see this one in person to truly experience how special it is.
Garage, Attached, Boat, Carport, RV Access/Parking
Hills, Panoramic, City, Park/Greenbelt
Dishwasher, Disposal, Ice Maker, Microwave, Bar Fridge, Built-In Refrigerator, Double Oven, Gas Cooktop
Many Trees, Sprinklers Automatic, Backs to Greenbelt/Park, Private, Trees Large Size, Trees Medium Size
|Price Reduced (from $6,995,000)||$6,750,000||$245,000 (3.50%)|
Property Listed by: Compass Re Texas, Llc
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 February 24th, 2021 at 9:34pm CST. 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.