Magnificent Italian Villa Style beauty right on the main body of Lake Travis. Forever lake views and lakefront access! Home designed by Jauregui Architects and custom built in 1991. First time on market! Unique opportunity ... there hasn’t been a luxury home with deep water and gentle slope on the market for over 3 years that is this close (only 5 min) to FM 620 & 2222 with its restaurants & amenities. Only minutes from The Oasis, Bob Wentz, and Windy Point.) This elegant design offers a perfect blend of stone & stucco. The terracotta tile roof accents the home perfectly. This one-of-a-kind design offers LOTS of high ceilings AND WINDOWS. ALL living / dining areas & bedrooms have gorgeous views of Lake Travis! The 1+ acre lot has a moderate slope down to the water & extends into Lake Travis. The outside entertaining areas offer over 1000 ft. of covered & uncovered back patios. Lots of room to add a * Pool * Cabana w/ FP * Outdoor kitchen * Boat Dock * & more. Plus, the home is above the 722 ft. 100-year flood plain.This PARADISE offers you 5 bedrooms + 4 living areas + 5 baths! Lots of room for family and friends. Beautifully updated in May 2024 these updates include dramatic -custom- black granite fireplace surround that greets you and your guests as soon as you enter the front door and see the soaring 2 story ceiling and wall of windows that fill the room with views of Lake Travis. The drama continues in the updated kitchen with a combo of black granite and quartz counter tops and freshly painted cabinets. You stroll throughout the living / dining areas on new wide plank European White Oak floors. Most of the light fixtures and hardware also upgraded and new. No other home on Lake Travis offers this perfect combination of being close-in to Austin, having deep water for a dock, fantastic views, access to amenities, not to mention INDESCRIBABLE SUNSETS!