$3,650,000

Property Overview

This Santa Barbara-style estate on Costa Bella Drive in Lakeway represents the pinnacle of Lake Travis waterfront living, where stepping through the backyard gate puts you just 30 yards from the gated community's premier marina, tennis courts, and private beach access. The 6,986-square-foot main residence showcases meticulous top-to-bottom remodeling across five bedrooms and six bathrooms, anchored by an impressive 35-foot rotunda entry and elegant architectural details throughout. Four generously sized upstairs bedrooms, a spa-inspired primary suite with its own study, and a formal lounge with fireplace create refined spaces for both entertaining and everyday living.

The property's 1.34-acre lot within Costa Bella offers resort-style amenities at your doorstep, while a detached two-room casita overlooks the resort-quality pool and spa area, providing versatile space for guests, extended family, or a dedicated home office. An additional study adjacent to the primary bedroom accommodates today's work-from-home lifestyle. A redesigned bar and step-down living room flow naturally toward covered patios and outdoor spaces that merge seamlessly with Lake Travis's recreational culture.

Located within highly-rated Lake Travis ISD schools and positioned among Austin TX's most exclusive waterfront communities, this Costa Bella residence represents a distinctive lakefront lifestyle few Austin properties can match.

Vox Residential Insight

This property commands a premium price point at 80 percent above the Lakeway area median, a positioning justified by its rare combination of direct marina access and Costa Bella's gated resort amenities. The immediate walkability to the private marina and clubhouse offerings creates the kind of daily lake living experience that defines premium waterfront properties in the Austin market.

Agent Description

Beautifully & impeccably remodeled from top to bottom, this Santa Barbara-style estate sits on 1.34 acres in the gated waterfront community of Costa Bella within Lake Travis ISD. One of its most exceptional features is the location—simply step through the backyard gate and you're approximately 30 yards from the neighborhood's premier amenities, including the tennis and basketball courts, clubhouse, private marina, and the property's existing boat slip. Walk over in moments or take your golf cart for effortless lake living. A circular drive lead to an impressive 35-foot rotunda entry. The main residence offers four spacious upstairs bedrooms, while a detached two-room casita overlooking the pool provides ideal accommodations for guests, extended family, or a private office. Inside, a beautifully redesigned study creates an elegant work-from-home space with 2nd study area adjacent to the primary bedroom. The formal lounge with fireplace, stylish step-down bar, & inviting living room flow seamlessly to the outdoor entertaining areas. The chef's kitchen, dining area, & family room all enjoy views of & direct access to the resort-style backyard. Upstairs, a media room opens to a balcony overlooking the pool & grounds. Multiple covered outdoor living spaces feature a full bar, fireplace, & generous seating areas. The resort-inspired pool includes a shallow beach entry & swim-up bar, while the flat, highly usable backyard offers abundant space for recreation & even the potential to add a pickleball court. Residents enjoy outstanding amenities, including a private marina, the sports courts, & a beautifully renovated clubhouse with a full kitchen, gathering spaces, conference room, & expansive covered terrace overlooking Lake Travis. Offering luxury, convenience, & an unmatched lifestyle just 20–25 minutes from both downtown Austin & The Domain, this is a rare opportunity to own one of Costa Bella's most ideally positioned homes.

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 $522/sqft, this listing is priced 81% above the Lakeway median of $288/sqft.

Property Details

Listing data last updated: July 16, 2026

Frequently Asked Questions