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Crystal Olenbush

  • 4809 Palisade Drive

  • $4,950,000 REDUCED
  • 4 Beds, 4 Bath, 3946 SQ. Feet, 0.50 Acres Residential Austin, TX 78731

A magnificent residence above the shores of Lake Austin, this residence boasts sophisticated modern interiors, stunning sunset views, and resort-style amenities. Recent upgrades include front landscaping, interior paint throughout, second story deck/railing and landing out of the back sliding door. The property features a well-appointed pathway to boat dock for convenient access to water activities and enjoyment. The home’s elevation creates a spectacular vantage point of Lake Austin and the Hill Country. Elegant arched entry windows allow light to pour inside the foyer that features a sweeping staircase with an iron railing. The open-concept kitchen and living room feature a fireplace, custom built-ins, and a wall of windows that looks out at the water. The sleek kitchen is outfitted with stainless steel appliances, a center island, and breakfast nook to enjoy morning coffee overlooking the pool and views. The second level offers a spacious living room with access to a sprawling terrace that overlooks the pool and landscape below. Escape to privacy and wake up to a view of the lake in the primary suite. The luxurious primary bathroom offers a tranquil environment to relax with beautiful neutral tones, a large soaking tub, a glass-enclosed shower, dual vanities, and custom built-in storage. A charming loft area with wood accents—the perfect office or hang-out space—is situated above the attached two-car garage. Take advantage of the incredible infinity-edge pool and spa with endless views of the water below. This home is 10 minutes from Austin Country Club and 15 minutes from downtown Austin. Located in two associations: Cliff over Lake Austin (annual dues) and COLA Boat Dock Council of Co-Owners (monthly dues). **Taxes are estimates based on the 2021 rate and 2022 assessed value. All tax figures should be independently verified.* 24 Hour Advance Showing Notice.

View More Properties in the 78731 Zip Code. View More Properties in the Austin School District.

Essential Information

  • MLS® #6981776
  • Price$4,950,000
  • Bedrooms4
  • Bathrooms4.00
  • Full Baths3
  • Half Baths1
  • Square Footage3,946
  • Acres0.50
  • Year Built1991
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address4809 Palisade Drive
  • SubdivisionCliff Over Lake Austin 02
  • CityAustin
  • CountyTravis
  • StateTX
  • Zip Code78731


  • FeaturesLake, See Remarks
  • # of Garages2
  • ViewLake, Panoramic, River
  • Is WaterfrontYes
  • WaterfrontLake Front
  • Has PoolYes


Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected


Attached, Garage Faces Front, Garage


  • InteriorCarpet, Tile, Wood
  • HeatingCentral
  • CoolingCentral Air, Ceiling Fan(s)
  • FireplaceYes
  • # of Fireplaces1
  • FireplacesFamily Room
  • # of Stories2
  • StoriesTwo


Built-In Electric Range, Built-In Oven, Cooktop, Double Oven, Dishwasher, Electric Cooktop, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Stainless Steel Appliance(s)


  • WindowsWindow Treatments
  • RoofComposition, Shingle
  • ConstructionMasonry
  • FoundationSlab

Exterior Features

Boat Slip, Dock, Exterior Steps, Private Yard, Rain Gutters, See Remarks

Lot Description

Cul-De-Sac, Sloped Down, Sprinklers In Rear, Sprinklers In Front, Many Trees, Sprinklers Automatic

School Information

  • DistrictAustin ISD
  • ElementaryHighland Park
  • MiddleLamar (Austin ISD)
  • HighMcCallum

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Price Change History for 4809 Palisade Drive, Austin, TX (MLS® #6981776)

Date Details Price Change
Price Reduced (from $5,495,000) $4,950,000 $545,000 (9.92%)

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 August 18th, 2022 at 2:40pm 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.