4 bed, 3 bath, 4,228 sqft on 1.00 acres in Lakeway. Austin, TX 78734. $1,490,000. Lake Travis ISD.
About This Home
*New HVAC, freshly updated kitchen, LOW 1.8% tax, great location that will stay zoned to Lake Travis HS when the 2nd school HS opens!* Nestled on a private one-acre lot within a gated community, this custom luxury estate offers a rare blend of refined design, resort-style outdoor living, and everyday functionality ideal for buyers seeking privacy, space, and high-end finishes in the Lakeway area. Designed with bespoke craftsmanship and thoughtful detail, the home features rich wood flooring, custom millwork, plantation shutters, and built-in cabinetry throughout. The open-concept layout creates seamless flow between living, dining, and entertaining spaces. The chef’s kitchen is equipped for both daily living and hosting, featuring three ovens, six gas burners with griddle, a warming drawer, and an expansive Butler’s pantry with bar, wine cooler, and prep sink. Living spaces include a cozy family room with built-in bookcases and integrated sound, along with a spacious great room anchored by a striking stone gas fireplace—ideal for entertaining or relaxing. The primary suite offers a private retreat with a spa-inspired bath, including a 7-foot Jacuzzi tub, walk-in shower with dual shower heads, and a custom boutique-style closet by Programme Martin. Secondary bedrooms feature generous walk-in closets and serene views, while the upstairs game room with full bath provides flexible space for a media room, guest suite, or playroom. A well-appointed utility room includes a second refrigerator and additional sink. The outdoor experience is truly exceptional, featuring: * A tranquil koi pond with cascading waterfall * Two additional water features * Multiple outdoor living areas, including a slate-tile terrace with gas and water access * Premium AstroTurf play area with custom wooden swing set * Raised garden beds and lush landscaping Ideal for buyers seeking a private estate with room to entertain, work from home, and enjoy elevated outdoor living in a secure gated setting.
A one-acre estate in the heart of Lakeway, 407 Bella Montagna Circle sits behind gated entry in a community designed around privacy and scale. Built in 2014, this 4,228 square foot residence commands the lot with stone veneer and stucco construction, presenting a formal facade that opens to an interior engineered for both daily living and significant entertaining.
The entry foyer establishes the home's architectural confidence, directing traffic through an open floor plan where sight lines connect the great room, formal dining, and kitchen into one flowing entertaining space. The great room anchors around a substantial stone gas fireplace, flanked by custom millwork and built-in bookcases running floor to ceiling. The chef's kitchen operates at commercial scale: six gas burners with griddle, three wall ovens, a warming drawer, and a built-in wine refrigerator. A butler's pantry with dedicated prep sink extends from the main kitchen, allowing service without disrupting the central cooking station. Granite countertops and stainless steel appliances throughout maintain the operational efficiency expected at this price point ($372 per square foot).
The primary bedroom anchors the main floor, opening to a spa-caliber bathroom featuring a seven-foot Jacuzzi soaking tub, walk-in shower with dual shower heads, and a custom closet system. Three additional bedrooms occupy the upper level, each with walk-in closets and windows framing views of the surrounding grounds. An upstairs flex room with full bathroom converts to media space, guest suite, or playroom depending on the owner's needs.
The outdoor living spans multiple zones across the one-acre lot. A slate-tile terrace with gas and water access provides foundation for entertaining. A custom koi pond with cascading waterfall creates a focal point visible from interior windows. Two additional water features punctuate the landscaped grounds. A premium AstroTurf play area with wooden swing set occupies a separate garden zone, while raised beds support year-round cultivation. Medium-sized trees (20-40 feet) anchor the perimeter, creating sight-line privacy from neighboring properties.
Lake Travis ISD serves the address through Lake Travis Elementary, Hudson Bend Middle, and Lake Travis High School. The property carries a 1.8% property tax rate, notably low for Travis County. Recent HVAC replacement addresses mechanical systems. The three-car garage with central vacuum completes the residence's functional infrastructure.
Buyers at 407 Lakeway are acquiring both a home and a private resort compound with sufficient acreage and infrastructure to host substantive gatherings while maintaining the seclusion Lakeway's gated communities provide.
The numbers behind this insight
- Offered at
- $1,490,000
- Listed
- June 2, 2026
- Price changes
- 4, down 5.2% from $1,572,500
- Asking price per sq ft
- $352
Lakeway market
- Homes sold
- 369
- Median sale price
- $850,000
- Median price per sq ft
- $287
- Median days on market
- 48
- Homes for sale now
- 130
- Months of supply
- 4.2
Lakeway is the only city in the Austin metro where you can step off an 18th green, drive three minutes to a full-service marina, and be on the water before your golf shoes are off. That combination of golf and lake access within a single small city defines the lifestyle and explains why the community has attracted a specific kind of buyer for more than 50 years - people who want resort-quality recreation woven into daily routine rather than saved for vacation.
Lakeway sits on the south shore of Lake Travis, about 20 miles west of downtown along Highway 71 and Ranch Road 620. The drive downtown takes 25 to 35 minutes depending on traffic at the 620/2222 interchange. The 620 corridor runs through the commercial district with H-E-B, medical offices, and growing restaurant and retail options. Bee Cave and Hill Country Galleria sit just south on 71, adding another tier of shopping within 10 minutes. The marina community gives waterfront access ranging from personal watercraft to full-size wakeboarding boats.
Hill Country Contemporary homes make up about 30% of inventory, featuring limestone, metal roofing, and expansive glass. Mediterranean designs account for 25%, popular in gated and golf course sections. Traditional Ranch homes represent 20%, concentrated in older sections near the original resort. The rest splits between Modern Farmhouse and custom contemporary on ridgeline lots. Lot sizes range from 8,000 square feet in townhome sections to full-acre spreads in Rough Hollow. Pricing starts in the low $500s for older condos, runs through $700,000 to $1.2 million for standard single-family, and reaches $3 million for waterfront or golf-front custom properties.
Lake Travis ISD serves Lakeway and consistently draws families relocating from central Austin. Lakeway Elementary and Serene Hills Elementary feed into Hudson Bend Middle School and Lake Travis High School. Lake Travis High competes at 6A across Texas athletics with a strong football tradition alongside solid academics and fine arts. District facilities are newer than most Austin ISD campuses, and per-student spending is competitive with Eanes ISD at a lower tax rate.
The daily rhythm follows the lake and golf courses. Morning fog on Lake Travis burns off by 9 AM, and early risers are already on the water - kayaking coves, fishing bluffs, or running ski boats before afternoon wind. Lakeway Resort and Spa offers pool and fitness facilities, and Flintrock Falls Golf Club provides a Hill Country course. The Canyonlands trail system and Mount Lakeway trail offer hill hiking with lake views. Hamilton Greenbelt provides a shaded creek walk. For dining, The Grove Wine Bar anchors the upscale casual tier. SP Brazilian Steakhouse brings the full churrasco experience. Canyon Grille does American fare in a golf course setting. The Gramercy adds a polished New American option. MorninGlory handles breakfast with the consistency that turns a restaurant into a weekend ritual.
Lakeway is more developed than Jonestown and Lago Vista to the north, which offer lower prices but less infrastructure. It is less expensive than waterfront estates in Point Venture. And it provides a more recreational lifestyle than Bee Cave, which has better highway access but less lake connection. The main consideration is the 620 corridor, which can slow to a crawl during peak hours.
Lakeway works for buyers who want lake and golf access as a daily reality. It fits retirees with flexibility to enjoy the water on quiet weekday mornings. It suits families who value Lake Travis ISD and want kids growing up on the water. It works for remote workers who can schedule around the commute. If you need to be downtown every day by 8, the commute will wear on you. But if your priorities are outdoor recreation, strong schools, and a pace a few beats slower than central Austin, Lakeway makes a compelling case.
School District: Lake Travis ISD
View Lakeway neighborhood guide- Property Type
- Residential
- Year Built
- 2014
- Lot Size
- 1.00 acres
- Price / Sq Ft
- $352
- HOA
- $120/mo
- Garage
- 3 spaces
Listing information last updated October 19, 2026.
Listed by Compass RE Texas, LLC
MLS# 9749777 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Bar
- Bookcases
- Breakfast Bar
- Built-in Features
- Ceiling Fan(s)
- Ceiling-High
- Central Vacuum
- Granite Counters
- Double Vanity
- Eat-in Kitchen
- Entrance Foyer
- In-Law Floorplan
- Interior Steps
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Soaking Tub
- Sound System
- Storage
- Walk-In Closet(s)
- Wet Bar
- Built-In Gas Range
- Built-In Oven(s)
- Built-In Refrigerator
- Dishwasher
- Disposal
- Dryer
- ENERGY STAR Qualified Appliances
- Exhaust Fan
- Gas Range
- Microwave
- Double Oven
- Refrigerator
- Self Cleaning Oven
- Stainless Steel Appliance(s)
- Vented Exhaust Fan
- Warming Drawer
- Washer
- Wine Refrigerator
- Carpet
- Tile
- Wood
- Heating
- Central,Heat Pump
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Garden
- Playground
- Private Yard
- Masonry – All Sides
- Stone Veneer
- Stucco
- Greenbelt
- Back Yard
- Curbs
- Front Yard
- Garden
- Landscaped
- Private
- Sprinkler - Automatic
- Sprinklers In Rear
- Sprinklers In Front
- Trees-Medium (20 Ft - 40 Ft)
- Trees-Moderate
- Waterfall
- Fenced
- Full
- Gate
- Wrought Iron
- Slab
- Covered
- Patio
- Roof
- Tile
- Lot Size
- 1.00 Acres
- Attached
- Door-Multi
- Driveway
- Garage
- Garage Door Opener
- Garage Faces Side
- Inside Entrance
- Kitchen Level
- Side By Side
- Garage Spaces
- 3
Financial
- HOA Fee
- $120 / mo
- Original List Price
- $1,572,500
- Price per Sq Ft
- $352
Utilities
- Electricity Available
- Propane
- Underground Utilities
- Water Connected
- Water Source
- MUD
- Sewer
- Septic Tank
Transaction History
1 record on file
Every recorded listing, sale, and lease at 407 Bella Montagna CIR, whoever represented it.
- ActiveListed 2026Current price: $1,490,000Original list: $1,572,500MLS 9749777
- Listed · June 2, 2026$1,572,500
- Price changed · July 7, 2026$1,575,000
- Price changed · August 13, 2026$1,525,000
- Price changed · August 18, 2026$1,495,000
- Price changed · August 20, 2026$1,490,000
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
- $1,490,000
- Original list
- $1,572,500
- Price movement
- $82.5K reduction
- Listed / DOM
- Jun 2, 2026 · 155 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,588,985
- Assessment Year
- 2025
- Year Built
- 2014
- Parcel ID
- 000000522626
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-23.5% | — | $1,588,985 | — | — |
2024+7.6% | — | $2,076,295 | $325,000 | $1,239,760 |
2023+86.5% | — | $1,929,391 | $240,000 | $1,836,295 |
2022 | — | $1,034,593 | $240,000 | $1,689,391 |
Virtual Tour

Zoned Schools & District Context
Lake Travis
Hudson Bend
Lake Pointe Elementary
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 2026-10-19T19:05:33.975+00:00; normalized from monthly dues.
Illustrative down payment
20% ($298K)
Adjustable assumption - not a lending recommendation.
Home price
$1,490,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Lakeway pricing, timing, and property scale. No automated valuation claim.
List price
$1,490,000
Price per sqft
$352/sqft
Vs. Neighborhood guide reference price
+75.3%
$850K · Lakeway neighborhood guide · reference price
Days on market
155 days
Original to current
$82.5K reduction
$1.6M original
Active inventory context
130 listings
Price Position in Lakeway
Listed 75% above the Lakeway neighborhood guide reference price. Lakeway neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 19, 2026.
Request Private Market AnalysisConnect 407 Bella Montagna Cir to the Austin Market
Lakeway Neighborhood Guide
Lifestyle, schools, market context, and homes in Lakeway
Lakeway Homes for Sale
Active listings and buyer search context in Lakeway
78734 ZIP Guide
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
Lake Travis 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











