$2,795,000

Property Overview

Perched above Lake Travis with panoramic water views and direct dock access, 1005 Challenger in Lakeway presents a rare lakefront opportunity in Austin's most coveted waterfront community. This 4,172-square-foot residence captures the essence of resort-style living while offering the practical advantage of sitting within a no-wake zone, allowing effortless boating and water recreation without the intensity of open-lake conditions. The home features five bedrooms, 4.5 bathrooms, and walls of windows framing those signature Lake Travis sunsets across an expansive covered balcony designed for seamless entertaining.

The thoughtfully renovated interior showcases an open-concept layout anchored by a wood-burning fireplace, while flexible spaces accommodate everything from a home office to a secondary den. An oversized en-suite primary bedroom with custom built-ins adds luxury touches throughout. The property's standout amenities include a recently constructed covered boat dock and private residential tram, transforming lake access from aspirational to everyday reality. Set on over 26,000 square feet in the heart of Lakeway's golf and marina community, this residence balances full-time living comfort with weekend retreat potential.

Vox Residential Insight

At $670 per square foot, this waterfront property reflects the premium Lakeway commands, and Vox Residential recognizes that the no-wake location is genuinely strategic for buyers seeking active lake enjoyment without the rough waters found in open sections of Travis. The private tram and dock combination are increasingly rare finds in Austin's lakefront market, making this home immediately competitive among serious waterfront buyers.

Agent Description

Overlooking the sparkling waters of Lake Travis, 1005 Challenger offers stunning water views, unforgettable sunsets, and a move-in-ready, flexible floor plan-- ideal for either full-time living or weekend escapes. Complete with a private tram & recently built covered boat dock, this lakefront home makes enjoying the water effortless. One of its unique advantages is its location on Lake Travis, within a no-wake area, while still capturing expansive Lake Travis views, making it easier to dock your boat, float with friends off the dock, and enjoy the lake at a more relaxed pace. Walls of windows showcase the breathtaking views, while the expansive, covered balcony provides exceptional indoor-outdoor living. For the Golf Enthusiasts, there are multiple public & private golf courses nearby! Thoughtfully renovated & expanded, this well-maintained home features 5 bedrooms, 4.5 baths, an open-concept living area with a wood-burning fireplace, and flexible spaces including an oversized en-suite bedroom with built-ins-- ideal for an office, second den, or playroom. The open, gourmet kitchen features beautiful lake views, a large granite island, a built-in stainless-steel refrigerator, a Viking gas range, dual ovens, a Bosch dishwasher, and a bar with a built-in ice maker & sink. Travertine flooring flows throughout many living areas with 3 recently-replaced HVACs & numerous recently replaced windows. The primary suite captures lake views, features hardwoods & includes a spa-like bath with a jetted tub, separate walk-in shower, dual walk-in closets & skylights. The thoughtful layout allows for comfortable living on the main level, while the lower level provides ample space for family and guests. A 2-car garage + abundant parking make hosting easy. The covered dock, built in 2022, features a HydroHoist boat lift/ slip, storage closet, great entertaining space. Whether you're searching for a lock-and-leave lake house, weekend getaway, or primary residence, this is it!

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 $670/sqft, this listing is priced 133% above the Lakeway median of $288/sqft.

Property Details

Listing data last updated: July 16, 2026

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