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Crystal Olenbush

  • 40 Water Front Avenue

  • $2,700,000
  • 4 Beds, 5 Bath, 5643 SQ. Feet, 1.16 Acres Residential Lakeway, TX 78734

WATER views, WATER front, WATER access (185 ft). Luxury waterfront estate in prestigious gated community nestled in the rolling hills of Lakeway. This retreat with unparalleled views of the lake and hill country sits on over an acre and is beautifully positioned overlooking Lake Travis. The fully fenced in grassy backyard leads down to the gate accessing a path to the lake if you’d like your own private boat dock. It is spectacular with a negative edge pool and spa, built-in summer kitchen, fireplace and a wide covered patio for alfresco dining, watching TV, enjoying happy hour - the list goes on. All of this grandeur can be accessed through a wall of expansive glass doors from the game room, kitchen, living room, pool bath and even Primary bedroom, creating a seamless blend of indoor/outdoor casual luxury. This extraordinary home offers unsurpassed custom craftsmanship throughout with immeasurable functional spaces including his/hers offices, huge game room, wine cellar and formal dining area. With an additional large living up and two built-in study stations you'll again enjoy enormous windows and balconies which provide breathtaking view from this 5643 sq ft timeless abode. You’ll never miss the party in the massive Chefs gourmet kitchen with a wrap around service bar, designer stainless steel appliances, incredible storage and breakfast area - all overlooking the inviting family room and of course the outdoor views. This entertainers dream with impeccable detailing and fantastic living spaces is designed to take in the enormous views of the lake and surrounding hill country. The primary suite on the main floor offers a luxury double-vanity bath, huge his/hers closets with custom built-ins and many nights stargazing from the separate sitting/reading/coffee bar room. Enjoy lake living to the fullest in Lakeway’s fabulous Water Front community! Zoned for the acclaimed Lake Travis ISD. Visit for a video walkthrough.

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

Essential Information

  • MLS® #9624141
  • Price$2,700,000
  • Bedrooms4
  • Bathrooms5.00
  • Full Baths5
  • Square Footage5,643
  • Acres1.16
  • Year Built2001
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive Under Contract

Community Information

  • Address40 Water Front Avenue
  • SubdivisionWater Front
  • CityLakeway
  • CountyTravis
  • StateTX
  • Zip Code78734


  • # of Garages3
  • GaragesGarage Door Opener
  • ViewHills, Lake, Panoramic
  • Is WaterfrontYes
  • WaterfrontWaterfront
  • Has PoolYes


Electricity Available, Natural Gas Available, High Speed Internet Available


Common Grounds/Area, Clubhouse, Dog Park, Golf, Gated, Lake, Playground, Pool, Airport/Runway, Trails/Paths


Attached, Door-Multi, Garage, Workshop in Garage


  • InteriorCarpet, Stone, Tile
  • HeatingCentral
  • CoolingCentral Air
  • FireplaceYes
  • # of Fireplaces2
  • FireplacesFamily Room, Outside
  • StoriesTwo


Built-In Oven, Double Oven, Dishwasher, Disposal, Gas Water Heater, Microwave, Self Cleaning Oven, Stainless Steel Appliance(s)


  • WindowsSkylight(s), Window Treatments
  • RoofTile
  • ConstructionStone Veneer, Stucco
  • FoundationSlab

Exterior Features

Balcony, Barbecue, Exterior Steps, Outdoor Grill

Lot Description

Gentle Sloping, Sprinklers Automatic, Trees Large Size, Trees Medium Size

School Information

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

Map & Directions

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Property Listed by: Keller Williams - Lake Travis

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 15th, 2021 at 6:16am 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.