Property Overview

This 2024 Cherrywood compound at 2004 Chestnut Ave reimagines Austin living with a sophisticated dual-structure design that seamlessly blends primary residence and versatile guest quarters. The main home spans 1,825 square feet across three bedrooms and 3.5 bathrooms, anchored by an open-concept kitchen featuring stainless steel appliances and a generous center island that flows into the living and dining spaces. Two primary suites provide flexibility for multi-generational arrangements, while a second-floor balcony captures views of the resort-style backyard below. The detached 569-square-foot casita houses two independent one-bedroom suites with separate entrances, perfectly suited for guests, a home office, or rental income potential.

The true showstopper emerges beyond the gated entry: an in-ground heated pool, gas fire pit, and expansive deck spaces create an outdoor living sanctuary in the heart of Cherrywood. Located near the tree-lined streets and vibrant community spaces of the 78722 zip code—minutes from UT Campus, Mueller, and the beloved Cherrywood Coffeehouse—this property captures the neighborhood's rare balance of urban access and residential tranquility. At $1.399 million, the $584-per-square-foot valuation reflects the premium construction quality and exceptional flexibility this 2024-built home delivers to discerning buyers seeking both lifestyle and investment potential in Austin, TX.

Agent Description

Welcome to the Cherrywood Compound — a rare opportunity in the highly sought-after 78722 zip code. This unique property features two units and a private pool, offering exceptional flexibility for multi-generational living, guest accommodations, or investment potential. Beyond the gated entry, you’ll find a resort-style outdoor space complete with an in-ground heated pool, gas fire pit, and generous deck areas ideal for lounging and outdoor dining. The main home spans 1,825 sq ft and includes 3 bedrooms and 3.5 bathrooms. The open-concept layout showcases a stainless steel kitchen with a large center island that flows seamlessly into the living and dining areas. The home offers two primary suites, as well a third spacious bedroom and full bathroom, and a second-floor balcony overlooking the pool. The detached 569 sq ft casita includes two 1 bedroom and 1 bathroom suites, each with private entrances, providing flexibility for guests, a home office, studio, or additional living space. Additional features include a finished attached garage, covered parking pad, and ample off-street parking. The property is fully enclosed with a privacy fence, creating a true urban retreat. Perfectly positioned between Manor Road and MLK, enjoy walkability to award-winning restaurants including Este, Salty Sow, Bar Toti, Sour Duck, and Fabrik, along with convenient access to the University of Texas football games, Moody Center, and downtown Austin. No short-term rental restrictions. Seller open to selling fully furnished, offering a potential turnkey opportunity.

Neighborhood: Cherrywood

This property is located in Cherrywood, Austin, TX. The area is known for Cherrywood Coffeehouse, Tree-Lined Streets, Near UT Campus, Mueller Access, Strong Community.

At $584/sqft, this listing is priced 29% above the Cherrywood median of $453/sqft.

Property Details

Listing data last updated: March 25, 2026

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