$2,950,000

Property Overview

This commanding estate on Milky Way in River Place showcases sophisticated architecture set across 1.12 acres of meticulously landscaped grounds in Austin's most prestigious gated community. The 6,261-square-foot residence features five en suite bedrooms, with three positioned on the main level for optimal guest accommodation and entertaining flexibility. A dramatic stone fireplace anchors the great room, while multiple living spaces—including formal and casual dining, a private office, and dedicated billiards and media rooms—offer the functionality that today's luxury buyers demand.

The gourmet kitchen flows effortlessly into living areas, designed for both intimate family moments and sophisticated entertaining. Resort-style outdoor spaces take full advantage of the expansive lot, creating seamless indoor-outdoor living that captures the Hill Country aesthetic River Place is known for. Built in 2005 with timeless design principles, this home delivers the rare combination of established elegance and contemporary comfort, positioned near the River Place Country Club and Lake Austin's natural beauty.

Vox Residential Insight

At $471 per square foot, this property commands a 52 percent premium over the area median, reflecting River Place's exclusive positioning and the caliber of this particular estate's custom finishes and acreage. The Vox Residential team recognizes that homes of this caliber attract discerning buyers who value privacy, established landscaping, and the prestige of gated luxury communities in Austin TX.

Agent Description

Set on a beautifully landscaped 1.12-acre homesite in one of Austin’s premier luxury communities, this custom estate offers the rare combination of timeless design, functional living, and resort-style outdoor spaces. From the moment you arrive, the home’s commanding presence and mature landscaping create a sense of privacy and elegance that continues throughout all 6,261 square feet. Designed with both everyday comfort and entertaining in mind, the floor plan lives beautifully with 5 spacious en suite bedrooms, including 3 on the main level and 2 upstairs. The heart of the home is the stunning great room, where soaring spaces and a dramatic stone fireplace create a warm yet sophisticated gathering place. Multiple living and entertaining areas provide incredible flexibility, including formal and casual dining spaces, a private office, downstairs billiards/game room, and an upstairs game room with dedicated media room. The gourmet kitchen opens seamlessly to the living spaces and is equipped for both casual family dinners and large-scale entertaining. Premium stainless appliances include a 48” Wolf range, three ovens, warming drawer, built-in refrigerator, microwave oven, and two beverage refrigerators. An oversized utility room with abundant storage, sink, and additional refrigerator space adds everyday convenience rarely found in luxury homes. Step outside and the property transforms into a true private retreat. Expansive covered patios are designed for year-round enjoyment with a built-in grill, sink, and outdoor television overlooking the resort-style pool and spa. A fire pit and multiple entertaining areas create the perfect setting for everything from quiet evenings under the stars to unforgettable gatherings with family and friends. This is Austin Hill Country living at its finest, yet only 14 miles to downtown Austin.

Neighborhood: River Place

This property is located in River Place, Austin, TX. The area is known for Country Club, Hill Country Setting, Lake Austin Proximity, Luxury Homes, Gated Sections.

At $471/sqft, this listing is priced 53% above the River Place median of $308/sqft.

Property Details

Listing data last updated: July 16, 2026

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