4703 Laguna Ln, Austin, TX 78746

Rare Double Lot, Waterfront Opportunity Near Austin Country Club with Boat Dock Permits

A truly rare opportunity awaits in one of Austin’s most coveted neighborhoods, zoned to Eanes ISD. Situated on a private cul-de-sac adjacent to the prestigious Austin Country Club, this unique offering includes two adjacent waterfront lots totaling approximately 0.77 acres, each permitted for a one-slip boat dock.

Backed by the peaceful pond of Windy Cove and offering direct water access from inlet lake to Lake Austin via channel, this property combines privacy, convenience, and potential. Towering, mature trees of varying species provide a natural canopy, while layered foliage enhances the sense of privacy across both lots.

The existing one-story residence spans approximately 2,250 square feet and rests on a .395-acre lot, with an additional .376-acre lot directly to the north. The home features 3 bedrooms and 2 bathrooms and has the potential to produce income as a short-term rental. Whether you choose to update the current home or bring your own vision with a custom build, the setting is ideal for creating a serene lakeside retreat.

Opportunities like this—offering size, privacy, dual dock permits and income potential on Lake Austin—are exceedingly rare.

*The home on .395 acres is available separately, see Agent for more information.

The drive from 4703 Laguna Ln in the Logsdon Roy neighborhood reveals itself gradually - thick stands of mature trees frame your approach, their canopy darkening the road as you move deeper into what feels like private forest despite sitting within Austin city limits. This 3-bedroom, 2-bath stone residence occupies a water-access lot just off a quiet cul-de-sac, positioned where the energy of the city dissolves into something quieter and more deliberate.

The 2,250-square-foot home anchors 0.7704 acres with the kind of seclusion that requires no explanation to those who value it. Water views open from the property - you're steps from boat dock access to Lake Austin, with direct water channels connecting to Windy Cove's protected inlet. The existing structure, built in 1970, sits on level terrain softened by specimen trees reaching over 40 feet, creating natural privacy that most new construction attempts but rarely achieves. A deck extends the living experience outward, where you can sit with coffee and actually hear yourself think.

The residence flows across multiple living areas with practical finishes - wood and tile flooring, crown molding, built-in appliances including a water softener, and a primary bedroom positioned on the main level. The stone exterior weathered the decades with the kind of character that development-era materials provided. Two full baths serve the layout efficiently, with dual vanities in the primary.

Location anchors everything here. The property sits within Eanes ISD, feeding into Bridge Point Elementary (10/10 GreatSchools rating), Hill Country Middle (9/10), and Westlake High School (9/10). The neighborhood proximity to Austin Country Club and the waterfront orientation create an enclave distinct from standard suburban adjacency. You're positioned off Loop 360 but functionally removed from its traffic patterns, yet downtown Austin remains accessible for the occasions you actually want to engage with it.

This configuration delivers what genuine retreat properties require: water access that justifies the location, old-growth trees that took decades to establish, privacy that doesn't rely on walls, and schools that perform consistently. The waterfront positioning near Lake Austin elevates the daily experience in ways that square footage alone never captures.

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.