5 Waterfront Avenue

Lakeway TX 78734

5270 sq. ft.

87207.12 sq. ft.

Single-Family

Hannah Lloyd, last sold this property on 05 May 2026 after 45 days on market.

Overview

Overlooking sparkling Lake Travis, this Italian-villa-inspired waterfront estate offers one of the most spectacular views in Lakeway and sits high on a rare two-acre homesite within the prestigious, gated community of the Water Front. The home is setback off a quiet cul-de-sac behind a private gated entrance and long driveway, providing an exceptional sense of privacy and scale that’s hard to come by in the coveted Old Lakeway area. Combined with expansive manicured lawns, lush landscaping, and an elegant courtyard with a striking fountain pool, the curb appeal is dramatic and impressive. Custom built by award-winning Vintage Builders, the home showcases outstanding craftsmanship and timeless architectural details including handpainted barrel ceilings, extensive built-in woodwork, and an infinity-edge pool overlooking the deep waters of Lake Travis. The floorplan, spanning approximately 5,200 SF, was thoughtfully designed with beautiful spaces for everyday comfort and sophisticated entertaining. Multiple living and dining areas are found throughout the home, as well as dual master suites on the first floor and two additional guest bedrooms upstairs both with private en suite bathrooms. Plus unique features like the grand foyer, wood-paneled family room, and two-story study add flair and multi-purpose function. With unforgettable views, exquisite style, and resort-style living 5 Water Front Avenue is a one-of-a-kind lakefront estate in the heart of Lakeway, the caliber of which rarely becomes available.

Features

4 bedrooms

6 bathrooms

10 carspaces

3 garage spaces

5270 sq. ft. floor area

87207.12 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Lakeway over the last 12 months, the estimated median property value of 5 Waterfront Avenue is $777.45k.

Median value

$777.45k

Estimated value range

$5.25k - $3.76m

Median days on market

Estimated value trend

-19%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Lakeway. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.