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Located in the Island of Westlake, a rare, gated Lake Austin waterfront neighborhood, comprised of only ten precious homes, this estate far surpasses the status quo of refinement, elegance, and space. Situated on a corner lot, on over an acre of meticulously manicured grounds, this residence comes complete with a spacious 1,400 square foot guest house, a three car garage, an auto court and private neighborhood waterfront park with a dedicated boat slip. The moment you step inside, you are captivated by the soaring ceilings, timeless finishes, and an abundance of natural light that fills every room. The principle residence boasts 6,690 square feet of generous and private spaces, providing the perfect abode for entertaining and daily living. Exquisite detail and the finest craftsmanship are revealed throughout, from the gleaming hardwood floors, intricate molding, and walls of French doors. An entertainer's delight, this home boasts a dramatic bespoke bar featuring floor to ceiling custom woodwork that is a piece of art itself. A true estate, a luxurious guest house graces the property providing a private retreat, while a grand pool, outdoor kitchen cabana, cigar lounge and many outdoor seating spaces complete the picture. In addition, a fully equipped gym occupies a wing of the home, making this estate truly all-inclusive. A unique gem, uniting land and water, take a short jaunt by foot or UTV to access the exclusive neighborhood waterfront park and your own dedicated deeded boat slip. A recent comprehensive remodel has taken this fine home to new heights, and it is also being offered as a turn-key package including a 2018 Mastercraft 22 XL Crossover ski and wakeboard boat, a touchless boat cover, an array of lake essentials, a 2020 Polaris Ranger Crew UTV, a 1951 completely restored red Chevrolet Fleetwood truck and most gym equipment.
Property Type
Residential
Year Built
1998
Lot Size
1.16 acres
$/Sq Ft
$1,106
HOA
$5,500/year
Garage
3 spaces
Pool
Yes
Listed by Kuper Sotheby's Int'l Realty
Verified property facts
2700 Island Ledge CV is listed at $8,950,000 with 5 bedrooms, 5 full, 3 half bathrooms, 8,090 square feet, 1.16-acre lot. This places it above the ZIP 78746 single-family closed-sale median price of $2,100,000 (ZIP 78746 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 4, 2026).
2700 Island Ledge CV is zoned for Eanes ISD with assigned schools: Bridge Point (10/10) (elementary), Hill Country (9/10) (middle), Westlake (9/10) (high). School assignments should be verified directly with the district.
2700 Island Ledge CV is a Residential built in 1998 featuring 5 bedrooms, 5 full, 3 half bathrooms, 8,090 square feet, 1.16-acre lot.
2700 Island Ledge CV is listed by Kuper Sotheby's Int'l Realty. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Jun 4, 2026.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
3 records on file
Every recorded listing, sale, and lease at 2700 Island Ledge CV, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+29.7% | — | $6,615,829 | — | — |
2024-17.8% | — | $5,098,978 | $1,500,000 | $3,422,962 |
2023+106.8% | — | $6,201,097 | $1,500,000 | $3,598,978 |
2022 | — | $2,999,200 | $1,500,000 | $4,701,097 |

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% ($1.8M)
Adjustable assumption - not a lending recommendation.
$8,950,000
Luxury property intelligence
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$8,950,000
Price per sqft
$1,106/sqft
Vs. Neighborhood guide reference price
+280.7%
$2.4M · Westlake Hills neighborhood guide · reference price
Days on market
Not available
Original to current
$2.8M reduction
$11.8M original
Active inventory context
17 listings
Price Position in Westlake Hills
Listed 281% above the Westlake Hills neighborhood guide reference price. Westlake Hills neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 4, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
2700 Island Ledge CV is priced at $1,106 per square foot across 8,090 sqft. The Westlake Hills neighborhood guide reference price is $2,351,000 (Westlake Hills neighborhood guide · reference price).
This page does not assume a mortgage rate or publish a monthly payment for 2700 Island Ledge CV. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Jun 4, 2026, 2700 Island Ledge CV is offered at $8,950,000. The current MLS snapshot shows 83 active listings in 78746. Keenan Group has completed 19 verified transactions in 78746 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Westlake Hills guide for current neighborhood analysis.
The MLS listing marks 2700 Island Ledge CV as waterfront. The reported waterfront feature is Canal Front, Lake Front, Lake Privileges. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
The MLS listing reports HOA or association dues of $5,500 annual for 2700 Island Ledge CV. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Westlake Hills is one of Austin's established neighborhoods, zoned for Eanes ISD in the 78746 area. The Keenan Group has specialized in Westlake Hills 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)
Car-Dependent
No Nearby Transit
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
11 events on record
Current Price
$8,950,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+29.7% | — | $6,615,829 | — | — |
2024-17.8% | — | $5,098,978 | $1,500,000 | $3,422,962 |
2023+106.8% | — | $6,201,097 | $1,500,000 | $3,598,978 |
2022 | — | $2,999,200 | $1,500,000 | $4,701,097 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Comparable homes that recently closed in this area
Neighborhood guide and local insights
Westlake Hills is an incorporated city in Austin's 78746 ZIP code, five minutes west of downtown via Bee Caves Road. Eanes ISD - ranked #1 in Texas by Niche 2026 - draws most buyers. Median home price $2.4M, with estates from $1.2M updates to $10M+ hilltop compounds. Roughly 1,000 total homes sit on wooded lots averaging half an acre to two acres, spread across the hills south of the Colorado River. Lost Creek, Davenport Ranch, The Oaks, and Bee Caves Woods each have a different character - from 1970s ranches on established lots to new-build Hill Country Contemporary estates with 20-foot ceilings and limestone facades. The housing stock is in a generational transition. Original 1970s-80s ranch homes sell as teardowns at $1-2M for land alone, replaced by $3-8M contemporary builds. At any given time, 25-30 homes are actively listed. Inventory is tight, and a meaningful share of deals happen off-market through agent networks. What defines daily life here: morning coffee at Swedish Hill, school drop-off at Eanes Elementary or Bridge Point, a trail run at Wild Basin Preserve, and dinner at Sway or Las Palomas without crossing MoPac. This is a quiet neighborhood built around schools and outdoor access, not nightlife or walkable retail. The people who live here chose it for exactly that trade-off.
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