$1,475,000

Property Overview

Set along the prestigious Live Oak Golf Course in Old Lakeway, this 4,501-square-foot residence at 118 Lido Street combines resort-style living with the convenience of a separate guest house. The main home features five bedrooms and four-and-a-half bathrooms anchored by a gracious primary suite with dual ensuite bathrooms and walk-in closets, while an adjacent office provides flexibility for a fourth bedroom or dedicated workspace. A two-bedroom, one-bath guest residence rounds out the property, offering exceptional potential for multigenerational living or rental income.

Grand architectural details define the interior, including mahogany coffered ceilings in the formal dining room, custom built-ins throughout, and a wet bar that anchors the open-concept living areas. The kitchen flows seamlessly into dining spaces flooded with natural light, while additional secondary bedrooms provide generous proportions and privacy. Situated on over seven-tenths of an acre in Austin, TX, this Lakeway property sits minutes from Lake Travis marina access, waterfront dining, and championship golf courses that define the area's sought-after lifestyle.

Vox Residential Insight

At $328 per square foot, this dual-residence property offers compelling value for buyers seeking both primary and guest accommodations in one of Austin's most coveted waterfront communities. The combination of golf course proximity, guest house infrastructure, and established Old Lakeway location makes this an exceptional opportunity that Vox Residential recognizes as distinctly positioned for discerning buyers.

Agent Description

Welcome to 118 Lido Street, where comfort, convenience, and character come together. Set along the Live Oak Golf Course on a tree-lined street in Old Lakeway, this stately residence offers 5 bedrooms and 4.5 bathrooms across 4,501 square feet. The main home includes 3 bedrooms, 3.5 bathrooms, and a dedicated office with optional 4th bedroom flexibility, while a fully equipped 2-bedroom, 1-bath guest residence supports multi-generational living. A grand foyer opens to light-filled living areas with timeless details, custom built-ins, and a wet bar that enhance the open-concept layout. The kitchen is both functional and welcoming, positioned beside a formal dining room highlighted by a mahogany coffered ceiling—adding warmth and architectural character with flexibility for alternate use. The primary suite offers a private retreat with separate bathrooms and walk-in closets. Secondary bedrooms are generously sized, while the office provides versatility for work, guests, or additional living space. Storage is thoughtfully integrated throughout. Situated on a rare double lot, the outdoor setting is designed for both relaxation and entertaining, featuring a spacious patio, landscaped grounds, heated pool, and hot tub. A detached guest residence within the 4-car garage adds flexibility, complete with living, kitchen, dining, two bedrooms, a full bath, and private laundry. A 247-square-foot climate-controlled workshop further enhances functionality. A rare Old Lakeway offering defined by space, privacy, and a seamless blend of main and guest living.

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 $328/sqft, this listing is priced 14% above the Lakeway median of $287/sqft.

Property Details

Listing data last updated: July 16, 2026

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