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    1 home
      1 home available
      5 Water Front Ave, Lakeway, TX 78734
      $3,950,000
      4beds
      4 full, 2 halfbath
      5,270sqft
      2acres
      House for Sale

      5 Water Front Ave, Lakeway, TX 78734

      Listing by: Moreland Properties
      1 - 1 of 1 results
      © 2026 Unlock MLS
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      5 Water Front Ave, Lakeway, TX 78734
      $3,950,000
      4beds
      4full,2half bath
      5,270sqft
      2acres

      5 Water Front Ave, Lakeway, TX 78734

      House for Sale by Hannah LloydMoreland Properties.

      Data checked -. Listing last updated 8 days ago.
      1. Overview
      2. Details
      3. More 

      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.

      Details
        Property type
      Residential
        Year built
      2002
        Heating
      Central
        Cooling
      Central Air
        Garage
      Yes (3 space)
        Parking spots
      10
      3455124
      MLS ID
      Active
      Status
      03-21-2026
      On market date
        Subdivision
      Lakeway Sec 37
      Levels  Levels
      Two
        Laundry location
      Inside, Laundry Room, Main Level
        Roof
      Barrel, Concrete, Tile
        Fireplace
      Yes
        Pool
      Yes
        Pets allowed
        Basement
      Interior features
      Two 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 Living Areas, Pantry, Primary Bedroom on Main, Storage, Study/Home Office, Two Primary Closets, Walk-In Closet(s), Wet Bar
      Exterior features
      Balcony, Outdoor Grill, Private Entrance, Private Yard
      Lot features
      Cul-De-Sac, Front Yard, Landscaped, Private, Many Trees, Views
      Pool features
      In Ground, Infinity, Outdoor Pool, Waterfall
      Patio & Porch Features
      Covered, Patio, Terrace
      Appliances included
      Bar Fridge, Built-In Oven(s), Dishwasher, Disposal, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Stainless Steel Appliance(s)
      Construction materials
      Masonry – Partial, Stone, Stucco
      Green Energy Efficient
      None
      Buyer Incentives
      None
      Seller Contributions
      Yes
      Monthly taxes
      $4,435
      Yearly taxes
      $53,225.92
      School district
      Lake Travis ISD
      Schools
      Serene Hills, Hudson Bend, Lake Travis
      Senior community
      No
      Association Fee
      $2000/Annually
      HOA Fees Include
      Common Area Maintenance, Security
      Open Houses
      In-Person
      No upcoming in-person open houses
      Virtual
      No upcoming virtual open houses
      Contact Agent
      HL
      Hannah Lloyd
      Real Estate Agent, Moreland Properties
      Direct 
       
      Location
      From 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 provide gate code upon confirmed showing.) Follow Lake Estates Drive until it dead ends at Water Front Avenue. Take a RIGHT and curve around cul-de-sac to 5 Water Front Avenue. Property gate will be open. There are no sale signs.
      For Sale Nearby
      No nearby homes are For Sale Nearby.
      5 Water Front Ave, Lakeway, TX 78734, is a 4 bedroom, 4 bathroom, 5270 sqft. Single Family Residence built in 2002. This property is currently available for sale and was listed on Unlock MLS on 3-21-2026. The MLS# for this Single Family Residence is MLS# 3455124.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
      Copyright ©2026 Unlock MLS