$599,999

Property Overview

Perched in The Vineyards of Rough Hollow, 306 Olivia Drive presents a rare lakeside sanctuary that balances resort-style living with genuine seclusion. This 2022-built villa spans 2,422 square feet across four bedrooms and four baths on a peaceful Lakeway cul-de-sac, where no through traffic preserves the tranquility that defines this coveted community. Soaring vaulted ceilings flood the open-concept living spaces with natural light, while the chef's kitchen anchors entertaining with quartz countertops and generous cabinetry flowing seamlessly into the family room.

The flexible fourth bedroom adapts to today's evolving needs as home office, media room, or bonus space, accommodating whatever life demands. Hill Country views frame the property's hillside setting, positioning residents within minutes of Lake Travis marina access, championship golf courses, and waterfront dining that characterize Lakeway's resort lifestyle. Priced at $599,999, this property sits fourteen percent below the area's median price per square foot, offering exceptional value in one of Austin's most sought-after communities.

Vox Residential Insight

The Vineyards of Rough Hollow delivers the resort amenities and Hill Country vistas that drive strong demand in Lakeway, and this villa's pricing advantage reflects genuine market opportunity for buyers seeking that elevated lifestyle. Vox Residential recognizes that properties with flexible floor plans and privacy in this neighborhood command attention, particularly when they hit the market with this kind of pricing positioning.

Agent Description

Welcome to a beautifully appointed luxury villa nestled in The Vineyards of Rough Hollow, one of Lakeway's most coveted resort-style communities. Tucked away on a quiet cul-de-sac off Tiki Way, this exceptional home offers a rare combination of privacy, tranquility, and breathtaking Hill Country views. With no through traffic Olivia Drive creates a peaceful, secluded atmosphere that feels worlds away from the everyday. Spanning 2,422 sq ft, this spacious home features 4 bedrooms, 3 full baths, and 1 half bath, with a flexible floor plan designed for today's lifestyle. The 4th bedroom adapts effortlessly as a home office, media room, workout space, or bonus room to accommodate whatever your life demands. Step inside to enjoy soaring vaulted ceilings, abundant natural light, and an open-concept design made for entertaining. The chef's kitchen serves as the heart of the home, showcasing quartz countertops, generous wooden cabinetry, and a seamless flow into the family room. The private primary suite delivers a true spa-like retreat, complete with a generous walk-in shower. Upstairs, a secondary bedroom features its own ensuite bath with walk-in shower and a private balcony, the perfect perch for morning coffee with sweeping Hill Country views as your backdrop. Additional highlights include a 2-car attached garage and effortless low-maintenance living with access to world-class Rough Hollow amenities: multiple resort pools including an adult pool, family pool, lazy river, and negative-edge pool at Canyon Grille; complimentary kayak rentals at Rough Hollow Marina; playground, dog park, basketball court, tennis and pickleball courts; a full fitness center; and miles of scenic hike & bike trails that give you an unmatched Lake Travis lifestyle at your doorstep. Luxury, privacy, and resort-style living await at The Vineyards of Rough Hollow.

Neighborhood: Lakeway

This property is located in Lakeway, Austin, TX. The area is known for Lake Travis Living, Marina Access, Golf Courses, Waterfront Dining, Resort Lifestyle.

At $248/sqft, this listing is priced 14% below the Lakeway median of $288/sqft.

Property Details

Listing data last updated: July 16, 2026

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