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6 bed, 7 bath, 10,387 sqft on 0.79 acres in Westlake Hills. Austin, TX 78746. Last listed at $5,500,000, sold April 13, 2023. Eanes ISD.
About This Home
A stunning Mediterranean masterpiece on .79 acres in a privately gated community, perfect for morning and evening strolls through the quiet streets or along the HOA nature trails. The villa-inspired home is surrounded by lush landscaping reminiscent of the Italian coast with palms fluttering around the tile-roofed exterior. A columned portico surrounds the scrolled-iron entry door and sets the tone for the elegance inside. The lot is optimized for outdoor living, with a stone-surrounded pool and spa anchoring an entertaining space featuring a huge outdoor kitchen pavilion and swim-up bar, plus a shady pergola-covered seating area. A separate section is perfect for play with a level lawn, gravel sport court and elaborate playscape. The interior of the home is a contemporary execution of a classic villa, with cool, creamy travertine floors complemented by rustic beams and hand-forged ironwork. Intricate tile and burnished wood cabinetry are lit by magnificent chandeliers, both modern and traditional. Walls glow with Venetian plaster treatments. The study off the entry is sunlit with a breathtaking turret of floor-to-ceiling windows, illuminating an elaborately pieced hardwood floor. Throughout the home, ceilings are treated as architectural elements, including the brick barrel-vaulted ceiling in the gourmet kitchen. There are also five fireplaces, each with an artisan-carved mantel. With a space for every need, the floorplan features a formal living and dining room, plus a wine room. The entertainment wing includes a media room, game room and walk-in serving bar. The palatially-outfitted master suite includes a luxurious bath, walk-in closet with laundry, a private exercise room and secluded terrace. Additional luxuries include a second mirrored exercise room, ample storage, a full guest house. *Taxes are estimates based on 2021 rate and 2022 assessed value. All tax figures should be independently verified. 24-Hour Advance Showing Notice.
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.
School District: Eanes ISD
Westlake Hills luxury homes and neighborhood guide- Property Type
- Residential
- Year Built
- 2001
- Lot Size
- 0.79 acres
- Price / Sq Ft
- $530
- HOA
- $386/quarter
- Garage
- 4 spaces
- Pool
- Yes
Listing information last updated April 13, 2023.
Listed by Moreland Properties
MLS# 5077737 • 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
- High Ceilings
- Double Vanity
- Entrance Foyer
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Pantry
- Recessed Lighting
- Cooktop
- Dishwasher
- Disposal
- Exhaust Fan
- Microwave
- Gas Oven
- Free-Standing Gas Range
- Refrigerator
- Stainless Steel Appliance(s)
- Water Heater
- Water Softener Owned
- Carpet
- Stone
- Wood
- Heating
- Central,Natural Gas
- Cooling
- Central Air,Gas
- Fireplaces
- 3
Exterior & Lot
- Outdoor Grill
- Playground
- Private Yard
- Satellite Dish
- Back Yard
- Cul-De-Sac
- Sprinkler - Automatic
- Many Trees
- Partial
- Wrought Iron
- Slab
- Covered
- Patio
- Roof
- Concrete,Tile
- Lot Size
- 0.79 Acres
- Attached
- Garage
- Garage Spaces
- 4
- Pool
- Yes
Financial
- HOA Fee
- $386 / quarter
- Original List Price
- $5,800,000
- Price per Sq Ft
- $530
Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 2801 Calaw CV, whoever represented it.
- SoldApril 13, 2023Listed at: $5,800,000MLS 5077737
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $5,500,000
- Original list
- $5,800,000
- Price movement
- $300K reduction
- Listed / DOM
- Nov 11, 2022
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $5,957,865
- Assessment Year
- 2025
- Year Built
- 2001
- Parcel ID
- 000000438190
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+48.9% | — | $5,957,865 | $1,022,810 | $4,935,055 |
2024-5.9% | — | $4,000,000 | $1,000,000 | $4,248,963 |
2023+37.1% | — | $4,250,000 | $1,000,000 | $3,000,000 |
2022 | — | $3,100,000 | $1,000,000 | $3,250,000 |
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 2026-06-04T02:30:08.168906+00:00; normalized from quarterly dues.
20% ($1.1M)
Adjustable assumption - not a lending recommendation.
$5,500,000
Luxury property intelligence
Keenan Market Position
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$5,500,000
Price per sqft
$530/sqft
Vs. Neighborhood guide reference price
+189.5%
$1.9M · Westlake Hills neighborhood guide · reference price
Days on market
Not available
Original to current
$300K reduction
$5.8M original
Active inventory context
122 listings
Price Position in Westlake Hills
Listed 189% 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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Westlake Hills Neighborhood Guide
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Westlake Hills Homes for Sale
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78746 ZIP Guide
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Eanes ISD Schools
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