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5 Water Front Ave, 
Lakeway, TX 78734

$3,950,000


4

Beds


6

Baths


5,270

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Hannah Lloyd

Moreland Properties

512-263-3282

Last updated:

March 21, 2026, 10:21 AM

MLS#

3455124

Source:

ACTRIS

About This Home

5 Water Front Ave

Overlooking sparkling Lake Travis, this Italian-villa-inspired waterfront estate offers one of the most spectacular views in Lakeway and sits high on a rare two-acre homesite within the prestigious, gated community of the Water Front. The home is setback off a quiet cul-de-sac behind a private gated entrance and long driveway, providing an exceptional sense of privacy and scale that’s hard to come by in the coveted Old Lakeway area. Combined with expansive manicured lawns, lush landscaping, and an elegant courtyard with a striking fountain pool, the curb appeal is dramatic and impressive. Custom built by award-winning Vintage Builders, the home showcases outstanding craftsmanship and timeless architectural details including handpainted barrel ceilings, extensive built-in woodwork, and an infinity-edge pool overlooking the deep waters of Lake Travis. The floorplan, spanning approximately 5,200 SF, was thoughtfully designed with beautiful spaces for everyday comfort and sophisticated entertaining. Multiple living and dining areas are found throughout the home, as well as dual master suites on the first floor and two additional guest bedrooms upstairs both with private en suite bathrooms. Plus unique features like the grand foyer, wood-paneled family room, and two-story study add flair and multi-purpose function. With unforgettable views, exquisite style, and resort-style living 5 Water Front Avenue is a one-of-a-kind lakefront estate in the heart of Lakeway, the caliber of which rarely becomes available.

Home Facts

Single Family

6 Baths

4 Bedrooms

Built in 2002

Price Summary

3,950,000

$749 per Sq. Ft.

MLS #:

3455124

Last Updated:

March 21, 2026, 10:21 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

6

Full Bathrooms:

4

Interior

Living Area:

5,270 Sq. Ft.


Structure

Structure

Building Area:

5,270 Sq. Ft.

Year Built:

2002


Finances & Disclosures

Finances

Price:

$3,950,000

Price per Sq. Ft:

$749 per Sq. Ft.

Source:ACTRIS
Copyright 2026 UnLock MLS . All rights reserved. Listings courtesy of UnLock MLS as distributed by MLS GRID

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.