118 Lido St, Austin, TX 78734

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.

The moment you arrive at 118 Lido Street in Lakeway, you understand what true scale means. This 4,501-square-foot residence commands a rare double lot backing directly to the Live Oak Golf Course, offering the kind of privacy and grounds that define legacy properties in Austin's most established neighborhoods.

The grand foyer sets an immediate tone of architectural intention. Beyond the entrance, the main living areas flow with a clarity of design that speaks to thoughtful construction from 1997, when Lakeway's finest estates were built to last. A mahogany coffered ceiling anchors the formal dining room, while the open-concept living spaces feature custom built-ins and a wet bar positioned to serve both intimate gatherings and substantial entertaining. The kitchen holds stainless steel appliances including a gas cooktop, double oven, and wine refrigerator, paired with a butler's pantry that separates service from living with grace.

The primary suite occupies the main floor, a deliberate choice for owners who value both convenience and separation from guest quarters. Dual bathrooms and walk-in closets provide the functional luxury expected at this price point of $367 per square foot. A dedicated office offers flexibility for professional work or guest accommodation, with secondary bedrooms generously proportioned throughout the main residence.

The grounds extend the home's purpose. A heated pool and hot tub occupy the expansive patio area, while 0.72 acres of landscaped terrain includes mature trees exceeding 40 feet and automatic irrigation. A detached guest residence adjacent to the four-car garage adds genuine flexibility: two bedrooms, one full bath, dedicated kitchen, and laundry. This separation transforms the property from a single residence into a multi-generational compound, rare in Lakeway at this price.

The property sits within Lake Travis ISD, serving students across Serene Hills Elementary, Hudson Bend Middle, and Lake Travis High School. The location places you minutes from Hill Country shopping and dining while maintaining the wooded seclusion that defines Old Lakeway's character. At just 118 Lido Street, this estate represents the caliber of Austin luxury real estate where architecture, grounds, and lifestyle alignment are not compromised.

Lakeway is the only city in the Austin metro where you can step off an 18th green, drive three minutes to a full-service marina, and be on the water before your golf shoes are off. That combination of golf and lake access within a single small city defines the lifestyle and explains why the community has attracted a specific kind of buyer for more than 50 years - people who want resort-quality recreation woven into daily routine rather than saved for vacation.

Lakeway sits on the south shore of Lake Travis, about 20 miles west of downtown along Highway 71 and Ranch Road 620. The drive downtown takes 25 to 35 minutes depending on traffic at the 620/2222 interchange. The 620 corridor runs through the commercial district with H-E-B, medical offices, and growing restaurant and retail options. Bee Cave and Hill Country Galleria sit just south on 71, adding another tier of shopping within 10 minutes. The marina community gives waterfront access ranging from personal watercraft to full-size wakeboarding boats.

Hill Country Contemporary homes make up about 30% of inventory, featuring limestone, metal roofing, and expansive glass. Mediterranean designs account for 25%, popular in gated and golf course sections. Traditional Ranch homes represent 20%, concentrated in older sections near the original resort. The rest splits between Modern Farmhouse and custom contemporary on ridgeline lots. Lot sizes range from 8,000 square feet in townhome sections to full-acre spreads in Rough Hollow. Pricing starts in the low $500s for older condos, runs through $700,000 to $1.2 million for standard single-family, and reaches $3 million for waterfront or golf-front custom properties.

Lake Travis ISD serves Lakeway and consistently draws families relocating from central Austin. Lakeway Elementary and Serene Hills Elementary feed into Hudson Bend Middle School and Lake Travis High School. Lake Travis High competes at 6A across Texas athletics with a strong football tradition alongside solid academics and fine arts. District facilities are newer than most Austin ISD campuses, and per-student spending is competitive with Eanes ISD at a lower tax rate.

The daily rhythm follows the lake and golf courses. Morning fog on Lake Travis burns off by 9 AM, and early risers are already on the water - kayaking coves, fishing bluffs, or running ski boats before afternoon wind. Lakeway Resort and Spa offers pool and fitness facilities, and Flintrock Falls Golf Club provides a Hill Country course. The Canyonlands trail system and Mount Lakeway trail offer hill hiking with lake views. Hamilton Greenbelt provides a shaded creek walk. For dining, The Grove Wine Bar anchors the upscale casual tier. SP Brazilian Steakhouse brings the full churrasco experience. Canyon Grille does American fare in a golf course setting. The Gramercy adds a polished New American option. MorninGlory handles breakfast with the consistency that turns a restaurant into a weekend ritual.

Lakeway is more developed than Jonestown and Lago Vista to the north, which offer lower prices but less infrastructure. It is less expensive than waterfront estates in Point Venture. And it provides a more recreational lifestyle than Bee Cave, which has better highway access but less lake connection. The main consideration is the 620 corridor, which can slow to a crawl during peak hours.

Lakeway works for buyers who want lake and golf access as a daily reality. It fits retirees with flexibility to enjoy the water on quiet weekday mornings. It suits families who value Lake Travis ISD and want kids growing up on the water. It works for remote workers who can schedule around the commute. If you need to be downtown every day by 8, the commute will wear on you. But if your priorities are outdoor recreation, strong schools, and a pace a few beats slower than central Austin, Lakeway makes a compelling case.