For Sale

Listed by Allison Olson from Moreland Properties - Austin

Source: Austin Board of REALTORS #5859832

1005 Challenger Drive, Lakeway, TX, 78734

$2,795,000

5
5
5
4172 sq. ft.
26040.17 sq. ft.

SingleFam

1 day on the market

What's around 1005 Challenger Drive

About this property

Just Listed! Perched above the sparkling waters of Lake Travis, 1005 Challenger offers stunning water views, unforgettable sunsets, and a move-in-ready, flexible floor plan-- ideal for either full-time living or weekend escapes. Complete with a private tram & recently built covered boat dock, this lakefront home makes enjoying the water effortless. One of its unique advantages is its location on Lake Travis, within a no-wake area, while still capturing expansive Lake Travis views, making it easier to dock your boat, float with friends off the dock, and enjoy the lake at a more relaxed pace. Walls of windows showcase the views, while the expansive, covered balcony provides exceptional indoor-outdoor living. Thoughtfully renovated & expanded, this well-maintained home features 5 bedrooms, 4.5 baths, an open-concept living area with a wood-burning fireplace, and flexible spaces including an oversized en-suite bedroom with built-ins-- ideal for an office, second den, or playroom. The open, gourmet kitchen features beautiful lake views, a large granite island, a built-in stainless-steel refrigerator, a Viking gas range, dual ovens, a Bosch dishwasher, and a bar with a built-in ice maker & sink. Travertine flooring flows throughout many living areas with 3 recently-replaced HVACs & numerous recently replaced windows. The primary suite captures lake views, features hardwoods & includes a spa-like bath with a jetted tub, separate walk-in shower, dual walk-in closets & skylights. The thoughtful layout allows for comfortable living on the main level, while the lower level provides ample space for family and guests. A 2-car garage + abundant parking make hosting easy. The covered dock, built in 2022, features a HydroHoist boat lift, storage closet, great entertaining space, and a boat slip. Whether you're searching for a lock-and-leave lake house, weekend getaway, or primary residence, come home to 1005 Challenger.

Looking for more information on 1005 Challenger Drive?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties for sale nearby

For Sale
$1,299,000
810 Crestone Stream Dr
Lakeway TX 78734
5
4
3
Single-Family
Listing courtesy of Gottesman Residential R.E.
Under Contract
$1,145,000
106 Lakeway Hills Cove
Lakeway TX 78734
5
4
3
Single-Family
Listing courtesy of @ PROPERTIES CHRISTIE'S INTERNATIONAL
For Sale
$2,995,000
206 Bella Cima Dr
Austin TX 78734
5
5
4
Single-Family
Listing courtesy of Bramlett Residential

Other properties for sale by Moreland Properties - Austin

For Sale
$3,999,000
2021 Ford St
Austin TX 78704
4
6
4
Single-Family
Listing courtesy of Moreland Properties - Austin
For Sale
$875,000
2108 Wooten Drive
Austin TX 78757
3
2
2
Single-Family
Listing courtesy of Moreland Properties - Austin
For Sale
$1,649,000
1706 Graywood Cove
Austin TX 78704
5
4
6
Single-Family
Listing courtesy of Moreland Properties - Austin

Browse properties sold in nearby areas

Based on information submitted to the MLS GRID as of 19 Jun 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent