201 Costa Bella Dr, Austin, TX 78734

Beautifully & impeccably remodeled from top to bottom, this Santa Barbara-style estate sits on 1.34 acres in the gated waterfront community of Costa Bella within Lake Travis ISD. One of its most exceptional features is the location—simply step through the backyard gate and you're approximately 30 yards from the neighborhood's premier amenities, including the tennis and basketball courts, clubhouse, private marina, and the property's existing boat slip. Walk over in moments or take your golf cart for effortless lake living.

A circular drive lead to an impressive 35-foot rotunda entry. The main residence offers four spacious upstairs bedrooms, while a detached two-room casita overlooking the pool provides ideal accommodations for guests, extended family, or a private office.

Inside, a beautifully redesigned study creates an elegant work-from-home space with 2nd study area adjacent to the primary bedroom. The formal lounge with fireplace, stylish step-down bar, & inviting living room flow seamlessly to the outdoor entertaining areas. The chef's kitchen, dining area, & family room all enjoy views of & direct access to the resort-style backyard.

Upstairs, a media room opens to a balcony overlooking the pool & grounds. Multiple covered outdoor living spaces feature a full bar, fireplace, & generous seating areas. The resort-inspired pool includes a shallow beach entry & swim-up bar, while the flat, highly usable backyard offers abundant space for recreation & even the potential to add a pickleball court.

Residents enjoy outstanding amenities, including a private marina, the sports courts, & a beautifully renovated clubhouse with a full kitchen, gathering spaces, conference room, & expansive covered terrace overlooking Lake Travis.

Offering luxury, convenience, & an unmatched lifestyle just 20–25 minutes from both downtown Austin & The Domain, this is a rare opportunity to own one of Costa Bella's most ideally positioned homes.

The circular rotunda entry at 201 Costa Bella Drive announces this Santa Barbara-style estate with unmistakable presence, a 6,986-square-foot residence that commands 1.349 acres in the gated waterfront community of Austin within Lake Travis ISD. Built in 1999 and meticulously remodeled, the home achieves that rare quality of timeless architecture paired with contemporary refinement, priced at $3.65 million or $522 per square foot.

The grand foyer flows into formal entertaining spaces designed for sustained hospitality. The formal lounge anchors the interior with a fireplace and step-down bar, while the chef's kitchen and multiple dining areas serve as natural gathering points. A dedicated study and secondary study adjacent to the master suite support both professional work and quiet retreat. The media room on the upper level opens to a balcony overlooking the resort-style pool and grounds, creating another entertaining vantage point. This layered approach to living and entertaining space reflects deliberate architectural planning across four upstairs bedrooms and a detached two-room casita positioned to overlook the pool and provide independent guest accommodation or home office space.

The primary suite represents the home's most private sanctuary. Appointed with a soaking tub, walk-in closets, and views toward the grounds, the master retreat follows the Santa Barbara tradition of creating a personal retreat within a larger estate.

The grounds leverage the full 1.349 acres with resort-inspired landscaping, large mature trees exceeding 40 feet, and a resort-style pool featuring a shallow beach entry and swim-up bar. Multiple covered porches and patios with a full outdoor bar and fireplace extend the living footprint across the property. The layout accommodates recreational expansion, with genuine space for additional amenities like pickleball courts.

Location within Austin places residents 30 yards from the community's private marina, boat slips, tennis and basketball courts, and clubhouse with full kitchen and Lake Travis views. The property sits in Lake Travis ISD, serving students through Lake Travis Elementary, Hudson Bend Middle, and Lake Travis High School. Downtown Austin reaches in roughly 20 to 25 minutes via direct routes, with comparable drive times to major employment centers. This proximity balances serious waterfront living with metropolitan access, positioning 201 Austin as a rare convergence of leisure amenities, privacy, and practical connectivity.