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Crystal Olenbush

  • 8132 Magnolia Ridge Cove

  • $4,235,000 REDUCED
  • 5 Beds, 6 Bath, 6468 SQ. Feet, 1.26 Acres Residential Austin, TX 78738

This slice of heaven is ready for move in! Designed by award-winning architect Ken Smith, recipient of Best New Custom Home by Home Builders Assoc. of Austin. Special and unlike any other, immerse yourself in the captivating allure of this Spanish-inspired architectural marvel, showcasing an ethereal Evergreen Fog stucco facade. An 80-acre nature preserve as the backdrop provides utmost privacy & VIEWS. Indulge in the mesmerizing beauty of the vast hill country views, flawlessly embraced by the ingenious reverse living floorplan. On the main level, the primary suite, guest suite, office, and living areas bask in an abundance of natural light, offering an enchanting retreat. Prepare to be awestruck as you step onto the verandah, the perfect perch to witness the dramatic hill country sunsets. Downstairs, a world of entertainment awaits. Create lasting memories in the state-of-the-art home theater or in the expansive game room, outside the resort-style pool and hot tub grace the expansive backyard with limitless potential to create the oasis of your dreams. Prepare to be captivated by the soaring 12-20 foot ceilings, intricate ceiling treatments, and dramatic arches that adorn this exquisite residence. Positioned below street level, this home conceals its splendor, adding an extra layer of seclusion to its already private, cul-de-sac location. A future elevator shaft, wine cellar, superior Dacor appliances, whole house solid core doors, artisan quality millwork, designer lights & fixtures, & bespoke finishes further elevate this haven. Enjoy hiking and biking trails, natural pools, and a delightful medley of nearby wineries and distilleries, yet a mere 35 min to DT, 20 minutes to the waters edge of Lake Travis or Lake Austin, 10 min to The Galleria’s vibrant shops, eateries, & entertainment. And for those choosing to finance, interest rate buydown to 4.625% is available. Enjoy the best of all Austin has to offer, call today!*some images may be virtually staged

View More Properties in Belvedere. View More Properties in the 78738 Zip Code. View More Properties in the Lake Travis School District.

Essential Information

  • MLS® #6694601
  • Price$4,235,000
  • Bedrooms5
  • Bathrooms6.00
  • Full Baths5
  • Half Baths1
  • Square Footage6,468
  • Acres1.26
  • Year Built2023
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address8132 Magnolia Ridge Cove
  • SubdivisionBelvedere
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78738


  • ParkingGarage, Paved, Gravel
  • # of Garages3
  • ViewPark/Greenbelt, Hills
  • WaterfrontNone
  • Has PoolYes


Electricity Available, Underground Utilities, Propane, Water Available


Common Grounds/Area, Clubhouse, Community Mailbox, Dog Park, Fitness Center, Gated, Playground, Park


  • InteriorTile, Wood
  • HeatingPropane
  • CoolingCentral Air
  • FireplaceYes
  • # of Fireplaces3
  • # of Stories2
  • StoriesTwo


Dishwasher, Gas Cooktop, Refrigerator, Range Hood, Tankless Water Heater, Built-In Refrigerator


Wood Burning, Propane, See Remarks


  • RoofMetal
  • ConstructionStucco
  • FoundationSlab

Exterior Features

Private Yard, Rain Gutters, Outdoor Grill

Lot Description

Cul-De-Sac, Backs to Greenbelt/Park, Pie Shaped Lot


ENERGY STAR Qualified Windows, Wood Frames

School Information

  • DistrictLake Travis ISD
  • ElementaryBee Cave
  • MiddleBee Cave Middle School
  • HighLake Travis

Map & Directions

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Price Change History for 8132 Magnolia Ridge Cove, Austin, TX (MLS® #6694601)

Date Details Price Change
Price Reduced (from $4,345,000) $4,235,000 $110,000 (2.53%)

Property Listed by: Kuper Sotheby's Itl Rlty

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 3rd, 2023 at 12:40pm 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.