Properties

Lakeway, TX 78734 5 Water Front Ave

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Presented By: Moreland Properties;
  • MLS# 3455124
  • 03/20/2026
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  • Beds • 4
  • Full/Half Baths • 4 / 2
  • SQFT • 5,270
  • Garage • 3

Home Details

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 thatโ€™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.
Presented By: Moreland Properties;

Interior Features for 5 Water Front Ave

Bedrooms

Main Level Bedrooms2
Total Bedrooms4

Bathrooms

Half Baths2
Total Baths6

Other Interior Features

LivingAreaSourcePublic Records
Fireplace FeaturesGas Starter, Living Room
FlooringCarpet, Stone, Wood
Interior AmenitiesTwo Primary Suties, Bar, Bookcases, Built-in Features, Ceiling Fan(s), Ceiling-High, Central Vacuum, Granite Counters, Crown Molding, Double Vanity, Entrance Foyer, Kitchen Island, Multiple Dining Areas, Multiple
Total Fireplaces1
Window FeaturesPlantation Shutters, Screens, Wood Frames

General for 5 Water Front Ave

AccessibilityHand Rails
Additional Parcels Y/NNo
AppliancesBar Fridge, Built-In Oven(s), Dishwasher, Disposal, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Stainless Steel Appliance(s)
Assoc Fee Paid PerAnnually
Association Fee IncludesCommon Area Maintenance, Security
Association NameLakeway II Community Association
Body of WaterLake Travis
Builder NameVintage Builders
CityLakeway
Community FeaturesCluster Mailbox, Controlled Access, Gated
Construction MaterialsMasonry โ€“ Partial, Stone, Stucco
CoolingCentral Air
CountyTravis
DirectionsFrom RR 620, turn onto Lakeway Blvd, then RIGHT onto Lakeway Drive, then LEFT onto Dragon. Follow until RIGHT onto Lake Estates Drive with the front gate to the Water Front community. (Agent will provid
DisclosuresFamilial Relation
Elementary SchoolSerene Hills
Energy EfficientNone
Facing DirectionNorthwest
Full Baths4
Garage Spaces3
Green SustainabilityNone
HOAYes
HOA Fee$2000
HeatingCentral
High SchoolLake Travis
LevelsTwo
Living Area5270
Lot Size Square Feet87207.12
MLS AreaLS
Middle/Junior High SchoolHudson Bend
New ConstructionNo
Other StructuresNone
Patio/Porch FeaturesCovered, Patio, Terrace
Pool FeaturesIn Ground, Infinity, Outdoor Pool, Waterfall
Property ConditionResale
Property SubtypeSingle Family Residence
Property TypeResidential
RoofBarrel, Concrete, Tile
Security FeaturesSee Remarks, Security Fence
SewerMUD
Standard StatusActive
StatusActive
Subdivision NameLakeway Sec 37
Tax Annual Amount53225.92
Tax Assessed Value2674096
Tax Year2025
UtilitiesElectricity Connected, Propane, Sewer Connected, Underground Utilities, Water Connected
ViewLake, Panoramic, Pool, Water
Virtual TourClick here
Waterfront FeaturesLake Front, Waterfront
Year Built2002
Year Built SourcePublic Records

Exterior for 5 Water Front Ave

Covered Spaces3
Exterior AmenitiesBalcony, Outdoor Grill, Private Entrance, Private Yard
FencingFenced, Full, Gate, Wrought Iron
Foundation DetailsSlab
Horse Amenities None
Horse Y/NNo
Lot FeaturesCul-De-Sac, Front Yard, Landscaped, Private, Many Trees, Views
Lot Size Acres2.002
Parking FeaturesAdditional Parking, Driveway, Garage, Gated, Heated Garage
Total Parking10
Water SourceMUD
Waterfront Y/NYes

Additional Details

Price History

Schools

High School Lake Travis High School
Elementary School Serene Hills Elementary School
Middle School Hudson Bend Middle School

Connect Realty

Price $3,950,000
MLS#3455124
List Date 03/20/2026
Property Type Single Family
Phone 888.795.6274
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info@connectrealty.com
2170 Buckthorne PL. #100
The Woodlands, TX 77380
866-938-0924
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