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This property has sold on April 18, 2024. Looking for something similar? Contact us or browse available homes.
2700 Island Ledge CV
Austin, TX, 78746
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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
$5500/mo
Garage
6 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 78746 median of $1,900,000.
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 in Westlake Hills, Austin, Texas. See the full [Westlake Hills neighborhood guide](/neighborhoods/westlake-hills-austin) for market data, schools, and lifestyle details.
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 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
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
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)
$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. Westlake Hills median
+280.7%
$2.4M median
Days on market
1,046 days
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 median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 4, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Westlake Hills
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ZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#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 median list price is $2,351,000.
With 20% down ($1,790,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 2700 Island Ledge CV is around $62,848 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $8,950,000, 2700 Island Ledge CV is in the Westlake Hills market where there are currently 105 active listings in 78746. The Keenan Group has completed 16 transactions in 78746 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Westlake Hills guide](/neighborhoods/westlake-hills-austin).
2700 Island Ledge CV includes verified waterfront access: Canal Front,Lake Front,Lake Privileges,See Remarks. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
2700 Island Ledge CV sits on a 1.16-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
2700 Island Ledge CV is part of a managed community with HOA dues of $5,500 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.
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
$3,900,000
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.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Island On Westlake
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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