502 Lakeway Drive

Lakeway TX 78734

2949 sq. ft.

16835.94 sq. ft.

Single-Family

Lauren Love, last sold this property on 01 December 2025 after 66 days on market.

Overview

This exceptional one-story contemporary home, designed by a noted Bend, Oregon architect, perfectly blends modern elegance with everyday comfort. Offering 3 spacious bedrooms, 3 full baths, and a dedicated office easily convertible to a 4th bedroom, the home features soaring 17-foot ceilings and expansive windows that flood the interiors with natural light. The thoughtfully designed layout includes a third bedroom with its own full ensuite bath and wet bar, making it an ideal second master or private guest suite. A gated courtyard framed by mature trees creates a warm and welcoming entry, while oversized sliding doors connect the indoor living spaces to the serene outdoor retreat. The oversized 2-car garage—with EV hookup and a back bay for a third vehicle or golf cart—adds convenience and flexibility. Situated on the 9th hole of the Live Oak Golf Course, the property enjoys stunning views, privacy, no HOA, and low taxes. Within walking distance are the Lakeway Airpark, tennis courts, and a 64-acre lakefront park with trails, kayaking, pickleball and more. Families benefit from the highly acclaimed Lake Travis ISD, and golfers can enjoy both championship and casual courses nearby. This architect-designed residence offers a rare opportunity to own a private sanctuary in one of Lakeway’s most desirable locations.

Features

3 bedrooms

3 bathrooms

3 carspaces

3 garage spaces

2949 sq. ft. floor area

16835.94 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Lakeway over the last 12 months, the estimated median property value of 502 Lakeway Drive is $650k.

Median value

$650k

Estimated value range

$1 - $1.04m

Median days on market

Estimated value trend

-1%

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.