22514 Felicia DR, Spicewood, TX 78669

This beautifully updated Lake Travis waterfront retreat is ready for summer fun. Featuring 3 bedrooms, 3 full baths, 2 living areas, 3 exterior balconies/porches and a private boat dock, this home offers the perfect blend of comfort, style, and lakefront living. Perched in a private setting along approximately 89 feet of Lake Travis shoreline in a peaceful cove just outside of Briarcliff, this custom home delivers a rare opportunity for relaxed, low-maintenance lake living in a gated, private setting. Inside, abundant natural light fills the home through large picture windows and sliding glass doors that open to expansive wraparound balconies with stunning lake and Hill Country views. High ceilings, thoughtfully designed spaces, and custom millwork detail create an inviting atmosphere throughout. The kitchen is both beautiful and functional, featuring stainless steel appliances, granite countertops, and a center island ideal for gathering and entertaining. Recent owner updates include a standing seam metal roof, Hardie-plank exterior siding, new decking and railings, & HydroHoist lift at the boat dock. Another unique feature: You are free to hit the "EASY" button with additional low-maintenance features including public water & sewer connections coupled with a favorably low tax rate of 1.779%. Designed for effortless indoor-outdoor living, the property offers 3 exterior decks, a fire pit area, and a gated driveway and front yard—perfect for additional parking, or giving the kids and pets room to play. Down at the dock, the calm cove waters are ideal for fishing, paddleboarding, kayaking, & enjoying the lake lifestyle. With 3 spacious bedrooms, 3 full baths, a dedicated laundry room, flexible living spaces, a single-car garage, and generous storage, this home is perfectly suited as a full-time residence or 2nd home. Conveniently located just 1 mile from Briarcliff Marina, and Pace Bend Park; This is lake living at its best.

Twenty-two miles northwest of downtown Austin in Spicewood, 22514 Felicia Drive sits on 89 feet of Lake Travis shoreline in a private cove that feels worlds away from the city despite easy access to it. This 2,520 square foot, three-bedroom, three-bath Lake Travis ISD home on 0.1922 acres delivers the rare combination of waterfront living and true seclusion in the Loraloma subdivision.

The approach alone signals separation. A gated driveway and front yard create buffer space before you reach the main residence, built in 1995 and recently updated with standing seam metal roofing, HardiPlank siding, new decking, and railings. Inside, the open floor plan uses high ceilings, coffered details, and crown molding to draw your eye outward through large picture windows and sliding glass doors to the water. Three separate exterior decks and balconies wrap the home, each framing different views of the calm cove and surrounding Hill Country terrain. The kitchen anchors the living space with stainless steel appliances, granite counters, and a center island positioned to serve both meal prep and gathering.

The primary bedroom sits on the main level with a walk-in closet and soaking tub in the ensuite, letting you wake to water views without climbing stairs. A dedicated laundry room and flexible living areas throughout provide the functional backbone of full-time living or weekend retreat use. At 347 dollars per sqft, the home sits well below current Lake Travis waterfront pricing, and the property benefits from a favorably low tax rate of 1.779 percent.

At the dock, a HydroHoist boat lift and shallow cove waters make morning paddleboarding, kayaking, or fishing as simple as walking outside. Briarcliff Marina sits just one mile south, and Pace Bend Park provides trail access and additional water recreation. The West Cypress Hills elementary campus and Bee Cave Middle School serve this stretch of Lake Travis ISD, with Lake Travis High School roughly 15 minutes south.

This property converts the abstract idea of a waterfront escape into daily reality. The dock is usable year-round, the gated lot contains activity, and the views require no effort to enjoy.

Loraloma is being built on 1,300 acres atop the Balcones Escarpment above Lake Travis, making it the largest new private community in the Hill Country west of Austin. The escarpment drops several hundred feet to the lake surface, which means the elevation produces views that most Austin-area neighborhoods cannot physically replicate. Every home sits above 1,000 feet, and the western lots look out across miles of open Hill Country.

The community is in Spicewood, zip code 78669, roughly 30 minutes northwest of downtown via Highway 71. Bee Cave and the Galleria district are about 15 minutes southeast, and Marble Falls is 20 minutes northwest. Lake Travis marina access at Pace Bend is approximately 12 minutes. Spicewood has historically been ranch country, and Loraloma sits where Austin's western growth meets the open land that longtime residents have known for decades. Austin-Bergstrom airport is about 45 minutes via Highway 71.

Every home is new construction from 2024 forward. Hill Country Modern architecture leads at roughly 35 percent, featuring clean lines, expansive glass, native stone, and low-slope rooflines that frame views rather than compete with them. Texas Ranch Contemporary accounts for about 25 percent, blending traditional ranch proportions with modern interiors. Lot sizes run one to three acres for most homesites, with estate lots exceeding five acres. Pricing starts in the low $2 millions for smaller lots with builder packages and climbs past $5 million for panoramic escarpment positions.

Lake Travis ISD serves Spicewood, and families will attend schools in that district. Lake Travis High carries strong academic and athletic reputation. The drive from the community is approximately 20 minutes. Private options in the Bee Cave and Lakeway corridor are within commuting distance. This is not a five-minute school drop-off. Families who prioritize walkable school proximity should factor that in.

The lifestyle is built around land, views, and outdoor access. An equestrian center and amphitheater are part of the amenity plan, along with miles of internal trails. Pedernales Falls State Park is 25 minutes away with excellent hiking and swimming. Pace Bend Park on Lake Travis provides cliff jumping and boat access. Krause Springs, a spring-fed swimming hole, is about 20 minutes away. Hamilton Pool Preserve is a 15-minute drive. For dining, Apis Restaurant in Spicewood delivers fine dining with local ingredients. Opie's BBQ serves brisket that locals swear by. Poodie's Hilltop has live music and cold beer. Flat Creek Estate Winery offers tastings and vineyard dinners, and Blue Bonnet Cafe in Marble Falls has served pie since 1929.

Loraloma occupies a category that did not previously exist here. It is not a golf community like the Hills or Spanish Oaks, nor a marina community like Rough Hollow. The closest comparison is Horseshoe Bay, but Loraloma is 30 minutes closer to downtown. Compared to Bee Cave subdivisions like Falconhead or Sweetwater, the acreage is dramatically larger and the density dramatically lower. The development plan preserves over 60 percent as open space.

Loraloma makes sense for buyers who have moved past the question of downtown proximity and are optimizing for land, privacy, and natural beauty. Families with flexible work arrangements will find the location comfortable. The community is in its earliest phase, so you are buying into a vision as much as a finished product. But the land is the asset that cannot be replicated. The escarpment is not getting any bigger.