$3,500,000

Property Overview

This exceptional 2805 Hatley Drive property in Zilker offers a rare convergence of established mid-century character and significant development potential. Sitting on a commanding .635-acre lot mere minutes from downtown Austin and Zilker Park, the home presents dual appeal: a thoughtfully updated 5-bedroom residence for immediate occupancy, or prime acreage for a luxury rebuild with up to 35-foot elevation maximizing privacy and skyline views. The existing split-level showcases vaulted timber ceilings anchoring a stone fireplace, a renovated kitchen with granite and stainless steel, and a flexible lower level featuring a secondary living area and kitchenette ideal for guests or extended family.

The property's location anchors one of Austin's most prestigious neighborhoods, with direct access to Barton Springs Pool, the Hike and Bike Trail, and South Lamar's acclaimed dining scene. Recent updates including geothermal HVAC, new flooring, lighting, and finishes blend modern efficiency with the home's authentic period appeal. At $3.5 million across 3,634 square feet, this represents significant value for the Zilker market and unmatched potential for discerning buyers seeking either a move-in residence or a blank canvas in Austin's most coveted location.

Vox Residential Insight

The Vox Residential team recognizes this as a transformational opportunity in Rollingwood where land value alone justifies consideration, whether buyers envision immediate living or future development. The geothermal system and recent updates provide a solid foundation, but this property's true distinction lies in its oversized lot and elevation potential in a neighborhood where comparable acreage rarely surfaces.

Agent Description

Set in the heart of highly sought-after Rollingwood, this exceptional .635-acre property offers a rare opportunity just minutes from downtown Austin. The expansive lot provides an ideal setting for a future luxury build, with the potential to build up to 35 feet from the highest point, maximizing both privacy and downtown views. This homesite stands out as one of the area’s most compelling offerings. The existing split-level residence blends mid-century character with thoughtful modern updates. Inside, the home features 5 bedrooms and 3.5 bathrooms, with a vaulted, beamed great room anchored by a striking stone fireplace. The updated kitchen is equipped with granite countertops and stainless steel appliances, flowing into both a formal dining area and a cozy breakfast nook. Improvements, including updated flooring, lighting, paint, and a geothermal HVAC system, enhance the home’s overall appeal. The lower level adds versatility with a spacious secondary living area, kitchenette, and direct outdoor access, ideal for guests or multi-generational living. Outside, the property truly shines with abundant green space, a patio for entertaining, and ample room to expand or reimagine. Whether enjoyed as a charming mid-century retreat or re-envisioned into a custom estate that takes full advantage of its premier setting, this Rollingwood property presents a rare blend of location, scale, and future potential. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.

Neighborhood: Zilker

This property is located in Zilker, Austin, TX. The area is known for Zilker Park, Barton Springs Pool, Lady Bird Lake, Hike & Bike Trail, South Lamar Dining.

At $963/sqft, this listing is priced 61% above the Zilker median of $600/sqft.

Property Details

Listing data last updated: May 19, 2026

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