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An Exceptionally Upgraded Lake Austin Estate

Located in The Island, one of Austin’s most desirable gated communities, 4701 Island Cove sits on approximately 0.94 acres of elevated grounds with sweeping views and direct access to Lake Austin. The property includes an exquisite modern main residence, spacious green yard, pool and spa, gym, and private dock with a boat and Jet Ski slip. A separate guest casita provides full independent living with a kitchen, living room, bedroom, and bathroom. Additional features include a 3-car garage with a lift, a home generator, and outdoor areas designed to take full advantage of the picturesque waterfront setting.

 

Inside the main home, high ceilings and large windows showcase the stunning views. The open kitchen features elegant cabinetry, countertops, and an oversized island with bar seating, while a breakfast nook with expansive windows overlooks the gorgeous grounds and hills beyond. Flexible rooms can serve as bedrooms or offices, and the game room with a kitchenette, hand-painted murals, and sliding doors to the pool area serves as the perfect space to relax or gather. The primary suite includes a massive closet ideal for a shoe collector and a spa-like bathroom with immaculate finishes and a soaking tub. 

 

In addition to the meticulous updates made throughout the property, the current owners have invested $200,000 into fully permitted plans with design by Outward Architecture. The upgrades include a resort-style pool by the water and an expansive outdoor kitchen and cabana area surrounding the guest casita. 

 

The property’s prime location provides both privacy and convenience. It is situated near Mount Bonnell, Westwood Country Club, Laguna Gloria, and Mayfield Park and Nature Preserve, offering convenient access to outdoor recreation, cultural destinations, and scenic spots along Lake Austin. This combination of location, design, and amenities makes 4701 Island Cove a distinctive waterfront estate in a highly sought-after neighborhood.

Located in The Island, one of Austin’s most desirable gated communities, 4701 Island Cove sits on approximately 0.94 acres of elevated grounds with sweeping views and direct access to Lake Austin. The property includes an exquisite modern main residence, spacious green yard, pool and spa, gym, and private dock with a boat and Jet Ski slip. A separate guest casita provides full independent living with a kitchen, living room, bedroom, and bathroom. Additional features include a 3-car garage with a lift, a home generator, and outdoor areas designed to take full advantage of the picturesque waterfront setting. Inside the main home, high ceilings and large windows showcase the stunning views. The open kitchen features elegant cabinetry, countertops, and an oversized island with bar seating, while a breakfast nook with expansive windows overlooks the gorgeous grounds and hills beyond. Flexible rooms can serve as bedrooms or offices, and the game room with a kitchenette, hand-painted murals, and sliding doors to the pool area serves as the perfect space to relax or gather. The primary suite includes a massive closet ideal for a shoe collector and a spa-like bathroom with immaculate finishes and a soaking tub. In addition to the meticulous updates made throughout the property, the current owners have invested $200,000 into fully permitted plans with design by Outward Architecture. The upgrades include a resort-style pool by the water and an expansive outdoor kitchen and cabana area surrounding the guest casita. The property’s prime location provides both privacy and convenience. It is situated near Mount Bonnell, Westwood Country Club, Laguna Gloria, and Mayfield Park and Nature Preserve, offering convenient access to outdoor recreation, cultural destinations, and scenic spots along Lake Austin. This combination of location, design, and amenities makes 4701 Island Cove a distinctive waterfront estate in a highly sought-after neighborhood.
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$9,999,000

4701 Island Cove

6 Beds 8 Baths 0.944 Acres

Description

Located in The Island, one of Austin’s most desirable gated communities, 4701 Island Cove sits on approximately 0.94 acres of elevated grounds with sweeping views and direct access to Lake Austin. The property includes an exquisite modern main residence, spacious green yard, pool and spa, gym, and private dock with a boat and Jet Ski slip. A separate guest casita provides full independent living with a kitchen, living room, bedroom, and bathroom. Additional features include a 3-car garage with a lift, a home generator, and outdoor areas designed to take full advantage of the picturesque waterfront setting.

 

Inside the main home, high ceilings and large windows showcase the stunning views. The open kitchen features elegant cabinetry, countertops, and an oversized island with bar seating, while a breakfast nook with expansive windows overlooks the gorgeous grounds and hills beyond. Flexible rooms can serve as bedrooms or offices, and the game room with a kitchenette, hand-painted murals, and sliding doors to the pool area serves as the perfect space to relax or gather. The primary suite includes a massive closet ideal for a shoe collector and a spa-like bathroom with immaculate finishes and a soaking tub. 

 

In addition to the meticulous updates made throughout the property, the current owners have invested $200,000 into fully permitted plans with design by Outward Architecture. The upgrades include a resort-style pool by the water and an expansive outdoor kitchen and cabana area surrounding the guest casita. 

 

The property’s prime location provides both privacy and convenience. It is situated near Mount Bonnell, Westwood Country Club, Laguna Gloria, and Mayfield Park and Nature Preserve, offering convenient access to outdoor recreation, cultural destinations, and scenic spots along Lake Austin. This combination of location, design, and amenities makes 4701 Island Cove a distinctive waterfront estate in a highly sought-after neighborhood.

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Location

4701 Island Cove, Austin, TX 78731

Status

Pocket Listing: For Sale

In addition to the meticulous updates made throughout the property, the current owners have invested $200,000 into fully permitted plans with design by Outward Architecture. The upgrades include a resort-style pool by the water and an expansive outdoor kitchen and cabana area surrounding the guest casita. 

Features & Amenities

01

Interior

Total Bedrooms

6

Total Bathrooms

8

Full Bathrooms

6

Half Bathrooms

2
01

Exterior & Building

Garage Spaces

3

Pool

Yes
01

Lot & Area

Status

Pocket Listing: For Sale

Lot Size

0.944 Acres

Type

Residential

Neighborhood

Lake Austin

Lifestyles

Lakefront, Waterfront

Architecture Styles

Contemporary

View Description

Lake,Water

Elementary School

Highland Park

Middle School

Lamar

High School

McCallum

School District

Austin ISD
01

Finance

Sales Price

$9,999,000

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Lake Austin

Welcome to Lake Austin

Lake Austin real estate is diverse. Contact the Austin agents & realtors at the Eric Moreland Group to find lakefront property, houses, land, estates, and waterfront homes for sale in Lake Austin, TX.

Welcome to Lake Austin Lake Austin real estate is diverse. Contact the Austin agents & realtors at the Eric Moreland Group to find lakefront property, houses, land, estates, and waterfront homes for sale in Lake Austin, TX.
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Eric Moreland

EM

Eric Moreland

Founder of EMgroup, Licensed Real Estate Broker Associate, Elite25 Austin Member

449345

Raised in Austin, Eric Moreland has been involved in entrepreneurial investments and local real estate for most of his life, beginning in high school. Growing up on Lake Austin, Eric’s first job was at Oyster Landing’s Boat Town where he quickly met every boat owner on the lake. These connections became an asset as he began his own real estate p...

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