This property is no longer actively listed. We can help you find similar homes currently for sale, notify you if this property relists, or explore off-market opportunities in the area.
Why you're seeing this property: Unlike major portals that hide off-market listings, we maintain the most comprehensive Austin property database. View market history, neighborhood data, and discover similar homes currently for sale. #1 Austin Realtor Team 2024.
5 bed, 5 bath, 8,090 sqft on 1.16 acres in Lake Austin. Austin, TX 78746. Last listed at $8,950,000, sold April 19, 2024. Eanes ISD.
About This Home
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.
Lake Austin is Austin's most exclusive waterfront corridor - 22 miles of constant-level shoreline in 78732, 15 minutes from downtown. Waterfront homes start around $4M and trophy lots with 200+ feet of flat shoreline trade at $15M-$35M+. The lake is controlled by Tom Miller Dam, which maintains consistent water levels year-round - the key advantage over seasonal Lake Travis.
This is one of Austin's thinnest markets. Roughly 22 miles of total shoreline, and at any given time only 3-5 homes are actively listed. Many of the best lots trade privately through agent relationships before they ever reach the MLS. The finite supply creates a structural price floor that insulates Lake Austin from broader market cycles.
Buyers here want water access as daily life, not a weekend plan. Morning paddleboard, afternoon ski run, burgers at Ski Shores by boat, sunset from your own dock watching Hill Country ridgelines. The practical side matters too: you are inside Austin city limits with full services, 15 minutes from downtown, 10 from the Domain.
Four Seasons Private Residences is under development on 145 acres with 188 planned homes - the first significant new inventory since the lake was established. Eanes ISD and Leander ISD serve different sections of the corridor, both with strong school ratings.
- Property Type
- Residential
- Year Built
- 1998
- Lot Size
- 1.16 acres
- Price / Sq Ft
- $1,106
- HOA
- $5,500/year
- Garage
- 3 spaces
- Pool
- Yes
Listing information last updated April 19, 2024.
Listed by Kuper Sotheby's Int'l Realty
MLS# 6304453 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Bookcases
- Beamed Ceilings
- High Ceilings
- Crown Molding
- Entrance Foyer
- Interior Steps
- Multiple Dining Areas
- Multiple Living Areas
- Primary Bedroom on Main
- Walk-In Closet(s)
- Wired for Sound
- Built-In Oven(s)
- Dishwasher
- Disposal
- Gas Cooktop
- Stainless Steel Appliance(s)
- Water Heater
- Carpet
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 3
Exterior & Lot
- Balcony
- Barbecue
- Boat Slip
- Exterior Steps
- Outdoor Grill
- Private Yard
- Brick Veneer
- Hardi
- Plank Type
- Corner Lot
- Level
- Sprinkler - Automatic
- Trees-Large (Over 40 Ft)
- Fenced
- Privacy
- Slab
- Covered
- Front Porch
- Patio
- Side Porch
- Roof
- Composition
- Lot Size
- 1.16 Acres
- Attached
- Garage Spaces
- 3
- Pool
- Yes
- Canal Front
- Lake Front
- Lake Privileges
Financial
- HOA Fee
- $5,500 / year
- Original List Price
- $11,775,000
- Price per Sq Ft
- $1,106
Utilities
- Electricity Available
- Natural Gas Available
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
3 records on file
Every recorded listing, sale, and lease at 2700 Island Ledge CV, whoever represented it.
- SoldApril 19, 2024Listed at: $11,775,000MLS 6304453
- WithdrawnListed 2019Current price: $2,999,999Original list: $3,750,000MLS 8684380
- WithdrawnListed 2018Current price: $3,900,000Original list: $3,900,000MLS 4351594
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Explore this area
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $8,950,000
- Original list
- $11,775,000
- Price movement
- $2.8M reduction
- Listed / DOM
- Jul 24, 2023
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $6,615,829
- Assessment Year
- 2025
- Year Built
- 1998
- Parcel ID
- 000000374867
| 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 |
Virtual Tour

Zoned Schools
Westlake
Hill Country
Bridge Point
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.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-06-04T16:40:05.187782+00:00; normalized from annual dues.
Illustrative down payment
20% ($1.8M)
Adjustable assumption - not a lending recommendation.
Home price
$8,950,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Lake Austin 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
+77.2%
$5.1M · Lake Austin neighborhood guide · reference price
Days on market
Not available
Original to current
$2.8M reduction
$11.8M original
Active inventory context
32 listings
Price Position in Lake Austin
Listed 77% above the Lake Austin neighborhood guide reference price. Lake Austin neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 4, 2026.
Request Private Market AnalysisConnect 2700 Island Ledge Cv to the Austin Market
Lake Austin Neighborhood Guide
Lifestyle, schools, market context, and homes in Lake Austin
Lake Austin Homes for Sale
Active listings and buyer search context in Lake Austin
78746 ZIP Guide
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
Eanes ISD Schools
District guide, nearby schools, and homes by attendance area
Austin Home Valuation
Private Austin CMA, TCAD context, and pricing strategy
Seller Resources
Pricing, prep, launch timing, and Compass marketing strategy
Keenan Group Results
#1 ABOR Team 2024 with $1B+ career sales volume









