5 bed, 4 bath, 4,609 sqft on 1.03 acres in Lago Vista. Lago Vista, TX 78645. $1,799,000. Lago Vista ISD.
About This Home
The strongest waterfront opportunity currently available on Lake Travis. Situated on a gated neighborhood of just 30 homes on the water, this Spanish-style estate delivers unobstructed lake and hill country views from nearly every room. No marina or business in your sightline either. Inside, the flow is open and practical. Two-story cathedral ceilings with exposed wood beams anchor the living room, where a floor-to-ceiling stone fireplace and large patio door open to the covered deck. High-end tile flooring runs through all common areas. The kitchen has oversized counters, a floating island, walk-in pantry, high-end cabinetry, dual-door refrigerator, gas range, double sinks, and a pass-through window to the covered outdoor kitchen with gas grill & fridge. All with lake views. Two primary suites on the main level. The master includes a spa, gas fireplace, and large walk-in closet, and of course water views to wake up to. The guest suite, situated for multi-genliving, has its own private entrance, refrigerator, microwave, and sink. Three additional bedrooms upstairs, & two additional balconies. Extra-large game room with panoramic windows. Walk-in showers with glass doors throughout. Oversized laundry room on primary level. Outside, two levels of stone patio surround a newly tiled pool and spa for swimming while you watch the boaters. Covered outdoor kitchen with grill, fridge, granite dry bar, and bar seating. Lower terrace with gas fire pit. 3-car garage, driveway fits 4-5 additional vehicles. Whole house HVAC systems updated in 2020. New Water heater in 2023. $50k+ invested in landscaping, fixtures, plumbing, electrical, and exterior paint throughout. What the seller will miss most: the privately gated Waterford Marina only 4 minutes away, offering worry free, maintenance free boating. Approved bids for a boat dock installation are in place! Reach out to agent Oliver Marx for info.
Lake Travis access from your primary bedroom changes everything. At 1208 Watercliffe Drive in Waterford on Lake Travis, you're waking up to unobstructed water views, then launching into whatever moves you that day-paddleboard, ski, fish, or simply watch the sunrise over Hill Country from your covered deck overlooking the lake.
The home sits on 1.0339 acres within a gated community of just 30 residences in Lago Vista, 78645. This isn't waterfront living where you're stacked next to neighbors. The private setting means you control the noise and activity level. No marina. No commercial operations. Just lake, hills, and your own slice of water access.
The basecamp itself is built for action and recovery. Two primary suites on the main level mean you're never far from lake-view windows, no matter your schedule. The guest suite with private entrance handles multigenerational visitors or rotating crews of adventure partners. Three additional bedrooms upstairs give you flex space for bunkhouse-style weekends. The extra-large game room with panoramic windows serves as your decompression zone after time on the water, with views that remind you why you came home.
Storage hits the mark. Walk-in pantry. Oversized laundry room with space for a second refrigerator. The 3-car garage accommodates daily vehicles, and the driveway fits 4-5 more-meaning boats, jet skis, or trailers stay accessible. Covered outdoor kitchen with gas grill and granite dry bar keeps you cooking lakeside. The newly tiled pool and spa let you train or recover without leaving the property.
Two levels of stone patio and multiple fire features-covered outdoor kitchen, second patio with gas fireplace, lower terrace with gas fire pit-create gathering zones that stretch from water level up to the house. The tennis court and sport court add land-based outlets when the lake isn't calling.
Built in 2008 and recently refreshed (2020 HVAC systems, 2023 water heater, $50k+ in exterior updates), the 4,609-square-foot residence asks $2.25 million, or $488 per square foot. Lago Vista ISD serves the property. Waterford Marina, just 4 minutes away, handles slip maintenance while you focus on time on the water.
This is where adventure doesn't require a two-hour drive. Your launch point is your home.
The numbers behind this insight
- Offered at
- $1,799,000
- Listed
- June 19, 2026
- Price changes
- 4, down 20% from $2,250,000
- Asking price per sq ft
- $390
- Property Type
- Residential
- Year Built
- 2008
- Lot Size
- 1.03 acres
- Price / Sq Ft
- $390
- HOA
- $750/year
- Garage
- 3 spaces
- Pool
- Yes
Listing information last updated October 15, 2026.
Listed by Keller Williams Realty
MLS# 1666560 • Active Under Contract
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Bar
- Breakfast Bar
- Beamed Ceilings
- Chandelier
- Double Vanity
- Dry Bar
- Eat-in Kitchen
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Pantry
- Walk-In Closet(s)
- Cooktop
- Dishwasher
- Disposal
- Microwave
- Free-Standing Gas Range
- Refrigerator
- Carpet
- Stone
- Tile
- Heating
- Central,Electric
- Cooling
- Ceiling Fan(s),Central Air
- Fireplaces
- 1
Exterior & Lot
- Balcony
- Private Yard
- Sport Court
- Tennis Court(s)
- Masonry – All Sides
- Few Trees
- Near Golf Course
- Public Maintained Road
- Sprinkler - Automatic
- Back Yard
- Wrought Iron
- Slab
- Covered
- Patio
- Porch
- Roof
- Concrete,Tile
- Lot Size
- 1.03 Acres
- Attached
- Door-Multi
- Gated
- Garage Spaces
- 3
- Pool
- Yes
- Lake Privileges
- Waterfront
Financial
- HOA Fee
- $750 / year
- Original List Price
- $2,250,000
- Price per Sq Ft
- $390
Utilities
- Electricity Available
- Electricity Connected
- Phone Available
- Sewer Available
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
2 records on file
Every recorded listing, sale, and lease at 1208 Watercliffe DR, whoever represented it.
- Active Under ContractListed 2026Current price: $1,799,000Original list: $2,250,000MLS 1666560
- Listed · June 19, 2026$2,250,000
- Price changed · July 23, 2026$2,195,000
- Price changed · August 13, 2026$1,999,900
- Price changed · September 8, 2026$1,849,900
- Price changed · September 30, 2026$1,799,000
- WithdrawnListed date not recordedCurrent price: $475,000Original list: $475,000MLS 2399493
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Active Under Contract with current price, original ask, and market time.
- Current list
- $1,799,000
- Original list
- $2,250,000
- Price movement
- $451K reduction
- Listed / DOM
- Jun 19, 2026 · 118 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $2,727,899
- Assessment Year
- 2025
- Year Built
- 2008
- Parcel ID
- 000000542647
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+2.0% | — | $2,727,899 | — | — |
2024+3.7% | — | $2,674,558 | $888,030 | $1,910,206 |
2023+60.9% | — | $2,578,676 | $891,000 | $1,783,558 |
2022+31.7% | — | $1,602,828 | $712,800 | $1,865,876 |
2021 | — | $1,216,665 | $267,300 | $1,335,528 |
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Zoned Schools
Lago Vista
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-15T22:49:13.016+00:00; normalized from annual dues.
Illustrative down payment
20% ($360K)
Adjustable assumption - not a lending recommendation.
Home price
$1,799,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Lago Vista pricing, timing, and property scale. No automated valuation claim.
List price
$1,799,000
Price per sqft
$390/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
118 days
Original to current
$451K reduction
$2.3M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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