5 bed, 4 bath, 6,563 sqft on 1.03 acres in Austin. Austin, TX 78733. $2,049,000. Eanes ISD.
About This Home
Nestled within the exclusive enclave of Bella Lago, this extraordinary 6,563-square-foot luxury estate offers an unparalleled blend of elegance, comfort, and resort-style living in one of Austin’s most coveted communities. Zoned to the award-winning Eanes Independent School District, this exceptional residence is thoughtfully designed for both grand-scale entertaining and everyday living while situated on an expansive 1.0 acre lot. Featuring 5 spacious bedrooms and 4.5 bathrooms, the home is filled with natural light and showcases timeless architectural details throughout. The expansive chef’s kitchen is the heart of the home, complete with premium appliances, abundant prep space on Caesarstone countertops, custom cabinetry, and seamless flow into the grand vaulted living area. Formal and casual spaces coexist effortlessly, including an elegant formal dining room, private executive office, and an upstairs loft ideal for informal living or play space. The walk-out basement level elevates the home’s entertainment appeal with a second living room, oversized game room, sophisticated wine bar, climate-controlled wine cellar, a private fitness studio and a 5th bedroom —creating the ultimate retreat for hosting and relaxation alike. Just outside this basement retreat you will find a covered built in kitchen complete with BBQ, Green Egg, refrigerator and 8-person hot tub. Set against a scenic and private greenbelt backdrop, the outdoor living experience offers tranquility, privacy, and beautiful natural surroundings rarely found this close to the city. Residents of Bella Lago enjoy exclusive access to premium neighborhood amenities including a private HOA pool, playground, and neighborhood-only access to Lake Austin providing exclusive access to docks, swimming beach and effortless enjoyment of Austin’s premier lake lifestyle. This is a rare opportunity to own a truly exceptional home where luxury, privacy, and lake living converge.
At 2901 Demona Dr in Austin, this 6,563-square-foot residence represents a deliberate approach to how a modern Austin family home can function across multiple scales - from intimate daily spaces to grand entertaining areas. Built in 2003 on 1.032 acres, the architecture prioritizes flow and flexibility rather than rigid formality.
The material foundation starts with substantial quartz countertops anchoring the chef's kitchen, which connects directly to vaulted ceilings in the main living area. This kitchen doesn't isolate - it opens into formal and casual spaces simultaneously, a practical solution for homes that need to shift between dinner parties and weeknight routines. Wide-plank wood flooring, tile, and carpet work together across zones rather than creating visual fragmentation. Built-in appliances including dual ovens, gas range, wine cooler, and a built-in freezer serve a household that cooks seriously.
The real design philosophy emerges in the basement level, which functions as a secondary home entirely. A finished game room, second living area, wine cellar with climate control, fitness studio, and fifth bedroom create distinct purposes rather than generic "bonus space." The covered outdoor kitchen with built-in grill, Green Egg, and refrigerator extends this logic beyond the walls - the entertaining infrastructure matches the interior square footage in intentionality.
The primary bedroom on the main floor eliminates unnecessary vertical living, while a dedicated study/home office serves remote work with serious separation from household activity. Multiple walk-in closets and ceiling-high details throughout suggest the original owners understood that luxury lives in practical decisions, not superlative marketing.
Landscaping includes large trees over 40 feet, positioned on a cul-de-sac lot that backs to private greenbelt. The automatic sprinkler system and private yard create genuine outdoor living rather than display.
Location matters here: 2901 Demona Dr sits in Eanes ISD, zoned to Barton Creek Elementary, West Ridge Middle, and Westlake High. The neighborhood provides proximity to both Hill Country tranquility and Austin's employment centers while maintaining meaningful distance from development pressure.
At $356 per square foot ($2.34M), this property sits at the intersection of thoughtful design and practical family function - a rare combination in the current Austin market.
The numbers behind this insight
- Offered at
- $2,049,000
- Listed
- May 14, 2026
- Price changes
- 3, down 12.4% from $2,339,000
- Asking price per sq ft
- $312
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $595 per sq ft over the trailing 12 months (383 sales), as of November 4, 2026.
- Property Type
- Residential
- Year Built
- 2003
- Lot Size
- 1.03 acres
- Price / Sq Ft
- $312
- HOA
- $159/mo
- Garage
- 2 spaces
Listing information last updated October 15, 2026.
Listed by Compass RE Texas, LLC
MLS# 6982111 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Ceiling-High
- Ceiling-Vaulted
- Quartz Counters
- Multiple Living Areas
- Primary Bedroom on Main
- Study
- Home Office
- Walk-In Closet(s)
- Built-In Freezer
- Built-In Oven(s)
- Built-In Range
- Built-In Refrigerator
- Dishwasher
- Disposal
- Gas Range
- Wine Cooler
- Carpet
- Tile
- Wood
- Heating
- Central,Fireplace(s)
- Cooling
- Ceiling Fan(s),Central Air
- Fireplaces
- 1
Exterior & Lot
- Exterior Steps
- Gas Grill
- Outdoor Grill
- Private Yard
- Stucco
- Cul-De-Sac
- Private
- Sprinkler - Automatic
- Trees-Large (Over 40 Ft)
- Many Trees
- Wrought Iron
- Slab
- Covered
- Deck
- Front Porch
- Patio
- Roof
- Spanish Tile
- Lot Size
- 1.03 Acres
- Attached
- Garage
- Garage Faces Side
- Garage Spaces
- 2
Financial
- HOA Fee
- $159 / mo
- Original List Price
- $2,339,000
- Price per Sq Ft
- $312
Utilities
- Electricity Connected
- High Speed Internet
- Natural Gas Connected
- Sewer Not Available
- Water Connected
- Water Source
- Public
- Sewer
- Septic Tank
Transaction History
2 records on file
Every recorded listing, sale, and lease at 2901 Demona DR, whoever represented it.
- ActiveListed 2026Current price: $2,049,000Original list: $2,339,000MLS 6982111
- Listed · May 14, 2026$2,339,000
- Price changed · June 17, 2026$2,249,000
- Price changed · July 15, 2026$2,150,000
- Price changed · October 8, 2026$2,049,000
- WithdrawnListed 2014Current price: $1,100,000Original list: $1,100,000MLS 2606108
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Explore this area
Price & Listing History
Price Change with current price, original ask, and market time.
- Current list
- $2,049,000
- Original list
- $2,339,000
- Price movement
- $290K reduction
- Listed / DOM
- May 14, 2026 · 174 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $2,268,509
- Assessment Year
- 2025
- Year Built
- 2003
- Parcel ID
- 000000495852
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-7.0% | — | $2,268,509 | — | — |
2024+1.4% | — | $2,440,179 | $400,000 | $2,081,349 |
2023+90.8% | — | $2,405,938 | $400,000 | $2,040,179 |
2022 | — | $1,260,900 | $400,000 | $2,005,938 |
Zoned Schools
Westlake
West Ridge
Barton Creek
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 2026-10-15T21:07:07.944+00:00; normalized from monthly dues.
Illustrative down payment
20% ($410K)
Adjustable assumption - not a lending recommendation.
Home price
$2,049,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$2,049,000
Price per sqft
$312/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
174 days
Original to current
$290K reduction
$2.3M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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