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Verified property facts
205 Emerald Ridge Dr is listed at $1,395,000 with 4 bedrooms, 4 full, 1 half bathrooms, 4,555 square feet, 0.26-acre lot. This places it above the 78732 median of $827,000.
205 Emerald Ridge Dr is zoned for Leander ISD with assigned schools: River Ridge (10/10) (elementary), Canyon Ridge (10/10) (middle), Vandegrift (9/10) (high). School assignments should be verified directly with the district.
205 Emerald Ridge Dr is in Four Seasons at Lake Austin, Austin, Texas. See the full [Four Seasons at Lake Austin neighborhood guide](/austin-luxury-resorts/four-seasons-private-residences-lake-austin) for market data, schools, and lifestyle details.
205 Emerald Ridge Dr is a Residential built in 2008 featuring 4 bedrooms, 4 full, 1 half bathrooms, 4,555 square feet, 0.26-acre lot.
205 Emerald Ridge Dr is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Price Change with current price, original ask, and market time.
Sweeping Hill Country views set the tone for this stunning 4,555-square-foot home in the highly sought-after Bella Mar enclave of Steiner Ranch. Thoughtfully designed to balance timeless elegance with everyday comfort, the home offers a refined yet inviting atmosphere highlighted by expansive picture windows, wood flooring, custom millwork, crown molding & multiple generously sized living spaces. The main level boasts a beautiful entry featuring soaring ceilings, a curved staircase, a formal dining room, private office, 2 spacious living areas, a well-appointed kitchen with an adjoining breakfast area & a serene primary suite. Upstairs, you’ll find 3 generously sized bedrooms, 3 full bathrooms, game room, a dedicated theater room designed for ultimate entertainment & a covered balcony with breathtaking distant views. At the heart of the home is the gourmet kitchen with granite countertops, butcher block center island, ss built-in appliances, gas range & a breakfast area overlooking the backyard/pool. The primary suite also captures the stunning views, offering a peaceful retreat with a light-filled spa-like bathroom with dual vanities, a walk-in shower, soaking tub & walk-in closet. Step outside to the covered outdoor living area, where breathtaking panoramic views set the backdrop for year-round enjoyment. This inviting space is equipped with a gas fireplace, built-in grill & dining area ideal for entertaining or simply relaxing. Step down to your resort-style pool & spa, perfectly complemented by a pergola & multiple lounge areas all set against the privacy & natural beauty of the greenbelt. Experience the ultimate outdoor lifestyle in this remarkable property & community. Enjoy resort-style amenities, including pools, parks & tennis courts. Just minutes away, you’ll find the UT Golf Club, along with dining & shopping. You are moments away from Lake Austin & the public boat ramp & there are more than 20 miles of scenic trails to explore throughout the community.
Property Type
Residential
Year Built
2008
Lot Size
0.26 acres
$/Sq Ft
$306
HOA
$603.48/mo
Garage
6 spaces
Pool
Yes
Listed by Gottesman Residential R.E.
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
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. Ratings from GreatSchools.org.
20% ($279K)
$1,395,000
Luxury property intelligence
A sourced read on Four Seasons at Lake Austin pricing, timing, and property scale. No automated valuation claim.
List price
$1,395,000
Price per sqft
$306/sqft
Vs. Four Seasons at Lake Austin median
-55.4%
$3.1M median
Days on market
42 days
Original to current
$100K reduction
$1.5M original
Active inventory context
4 listings
Price Position in Four Seasons at Lake Austin
Listed 55% below the Four Seasons at Lake Austin median
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 13, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
205 Emerald Ridge Dr is priced at $306 per square foot across 4,555 sqft. The Four Seasons at Lake Austin median list price is $3,125,000.
The most recent annual property tax for 205 Emerald Ridge Dr is $25,207. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($279,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 205 Emerald Ridge Dr is around $9,339 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,395,000, 205 Emerald Ridge Dr is in the Four Seasons at Lake Austin market where there are currently 94 active listings in 78732. The Keenan Group has completed 5 transactions in 78732 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Four Seasons at Lake Austin guide](/austin-luxury-resorts/four-seasons-private-residences-lake-austin).
205 Emerald Ridge Dr is part of a managed community with HOA dues of $603 semi-annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Four Seasons at Lake Austin is one of Austin's established neighborhoods, zoned for Leander ISD in the 78732 area. The Keenan Group has specialized in Four Seasons at Lake Austin real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
2 events on record
Current Price
$1,395,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Neighborhood guide and local insights
Four Seasons Lake Austin sits 380 feet above Lake Austin on a 145-acre site that includes a private funicular railway connecting the hilltop residences to a marina on the water below. The funicular is not a novelty. It is the literal mechanism by which residents access their boats, the waterfront dining facilities, and the lake itself. When a residential development installs a cliff railway as basic infrastructure, it tells you something about the scale and ambition of the project that no amount of marketing language can convey. The community is located in the 78732 zip code on the north shore of Lake Austin, occupying a prominent bluff along RM 2222 between the Pennybacker Bridge and Mansfield Dam. Views extend across the lake and into the Hill Country. Downtown Austin is about 20 minutes east via 2222 and MoPac. The Davenport Village and Four Points shopping areas handle daily errands within 10 minutes. Mount Bonnell is a short drive east along the same ridgeline. The architecture at Four Seasons Lake Austin represents something genuinely different from what exists elsewhere in the Austin luxury market. The residential buildings were designed by Handel Architects, and the interiors carry the Lissoni aesthetic, both names that carry significant weight in international architecture and design. About 60 percent of the units are contemporary terraced low-rise residences that step down the hillside, oriented to maximize lake views while maintaining privacy between units. The building forms use clean lines, natural materials, and expansive glass walls that blur the boundary between indoor and outdoor space. The remaining inventory includes larger estate-style residences and penthouses. Unit sizes range from approximately 2,000 square feet to over 5,000 square feet, with pricing that starts around $3 million and extends well beyond $10 million for the largest and best-positioned residences. This is a branded luxury development, which means Four Seasons operates the amenity spaces, concierge services, housekeeping, and common areas to hotel standards. The community falls within Leander ISD, one of the fastest-growing districts in Texas. The district has invested heavily in new campuses, and academic performance has strengthened as the tax base expanded. Families have access to well-funded elementary, middle, and high school options. The 20-minute drive to central Austin also provides access to private institutions like St. Andrew's and St. Stephen's Episcopal Schools. Daily life at Four Seasons Lake Austin is structured around the amenity program in a way that feels more like a resort membership than a typical HOA. The private marina provides boat storage and lake access via the funicular. Ciclo, the on-site restaurant, serves Italian-inspired cuisine with lake views. A spa and fitness center, multiple pools, and landscaped outdoor gathering spaces are maintained to Four Seasons standards, meaning the level of upkeep is materially different from what a typical condo HOA delivers. Beyond the property, Mount Bonnell is nearby for hiking and sunset views, and the Pennybacker Bridge Overlook provides another scenic stop. Turkey Creek Trail offers longer hikes through wooded terrain. For dining beyond the property, Jeffrey's in Clarksville is one of Austin's most established fine-dining rooms, Uchi and Otoko provide Japanese cuisine at different scales of formality, Quince Lakehouse serves New American food on the lake, and Ski Shores Cafe offers the most casual waterfront dining in the area. Four Seasons Lake Austin does not compete directly with traditional Austin luxury neighborhoods because the product category is different. Westlake, Barton Creek, and Rob Roy offer single-family homes on private lots with full ownership of land. Four Seasons offers a managed luxury experience where the building, grounds, and services are maintained by a hospitality brand. The closest comparison in the Austin market might be the Four Seasons Residences downtown or the W Residences, but those are urban high-rises without lake access or acreage. Nationally, the competitive set includes branded luxury developments like the Montage Residences in Laguna Beach or the Aman residences in Miami. The per-square-foot pricing reflects this positioning and is among the highest in the Austin metro area. Four Seasons Lake Austin is for buyers who want a residence managed to hotel standards with lake access and Hill Country views. It works for executives who split time between cities, international buyers who want a Texas base with familiar brand standards, and Austin residents ready for a simpler format without compromising on quality. The tradeoff is that you are buying into a managed system rather than owning a freestanding estate, and the price per square foot reflects the brand premium. For the buyer who understands that tradeoff, there is nothing comparable within 200 miles.
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