About 5 Water Front Avenue
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 of 5 Water Front Avenue
| MLS® # | 3455124 |
|---|---|
| Price | $3,950,000 |
| Bedrooms | 4 |
| Bathrooms | 6.00 |
| Full Baths | 4 |
| Half Baths | 2 |
| Square Footage | 5,270 |
| Acres | 2.00 |
| Year Built | 2002 |
| Type | Single-Family |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 5 Water Front Avenue |
|---|---|
| Area | LS |
| Subdivision | Lakeway Sec 37 |
| City | Lakeway |
| County | Travis |
| State | TX |
| Zip Code | 78734 |
Amenities
| Utilities | Electricity Connected, Propane, Sewer Connected, Underground Utilities, Water Connected |
|---|---|
| Features | Community Mailbox, Gated |
| Parking | Additional Parking, Driveway, Garage, Gated, Heated Garage |
| Garage Spaces | 3 |
| View | Lake, Panoramic, Pool, Water |
| Is Waterfront | Yes |
| Waterfront | Lake Front, Waterfront |
| Has Pool | Yes |
Interior
| Interior | Carpet, Stone, Wood |
|---|---|
| Interior Features | Wet Bar, Bookcases, Built-in Features, Ceiling Fan(s), Crown Molding, Central Vacuum, Separate/Formal Dining Room, Double Vanity, Entrance Foyer, French Door(s)/Atrium Door(s), Granite Counters, High Ceilings, Kitchen Island, Multiple Living Areas, Multiple Dining Areas, Main Level Primary, Multiple Primary Suites, Multiple Closets, Pantry, Storage, Study |
| Appliances | Bar Fridge, Built-In Oven, Dishwasher, Gas Cooktop, Disposal, Microwave, Plumbed For Ice Maker, Refrigerator, Stainless Steel Appliance(s) |
| Heating | Central |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Gas Starter, Living Room |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior Features | Balcony, Outdoor Grill, Private Entrance, Private Yard |
|---|---|
| Lot Description | Cul-De-Sac, Front Yard, Landscaped, Private, Many Trees, Sprinklers In Ground, Views |
| Roof | Barrel, Concrete, Tile |
| Construction | Masonry, Stone, Stucco |
| Foundation | Slab |
School Information
| District | Lake Travis ISD |
|---|---|
| Elementary | Serene Hills |
| Middle | Hudson Bend |
| High | Lake Travis |
Additional Information
| Date Listed | March 20th, 2026 |
|---|---|
| Days on Market | 183 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Moreland Properties |
|---|---|
| Contact Info | (512) 263-3282 |