3 bed, 2 bath, 2,250 sqft on 0.77 acres in Lake Austin. Austin, TX 78746. $3,500,000. Eanes ISD.
About This Home
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.
The numbers behind this insight
- Offered at
- $3,500,000
- Listed
- June 30, 2025
- Price changes
- 2, down 10.1% from $3,895,000
- Asking price per sq ft
- $1,556
Lake Austin market
- Homes sold
- 15
- Median sale price
- $5,050,000
- Median price per sq ft
- $1,173
- Homes for sale now
- 21
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $732 per sq ft over the trailing 12 months (178 sales), as of November 4, 2026.
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
- 1970
- Lot Size
- 0.77 acres
- Price / Sq Ft
- $1,556
Listing information last updated October 19, 2026.
Listed by Keller Williams Realty
MLS# 9424581 • Active Under Contract
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Bookcases
- Ceiling Fan(s)
- Crown Molding
- Double Vanity
- Multiple Living Areas
- Primary Bedroom on Main
- Tile Counters
- Built-In Electric Range
- Dishwasher
- Disposal
- Microwave
- Refrigerator
- Water Softener Owned
- Tile
- Wood
- Heating
- Central,Electric,Fireplace(s)
- Cooling
- Ceiling Fan(s),Central Air
- Fireplaces
- 1
Exterior & Lot
- Stone
- Interior Lot
- Level
- Near Golf Course
- Private
- Sprinkler-Manual
- Trees-Large (Over 40 Ft)
- Many Trees
- Views
- Slab
- Deck
- Roof
- Asphalt,Composition
- Lot Size
- 0.77 Acres
- Carport
- Driveway
- Outside
- Lake Front
- Waterfront
Financial
- Original List Price
- $3,895,000
- Price per Sq Ft
- $1,556
Utilities
- Electricity Connected
- Water Source
- Private,See Remarks
- Sewer
- Septic Tank,See Remarks
Transaction History
2 records on file
Every recorded listing, sale, and lease at 4703 Laguna Ln, whoever represented it.
- Active Under ContractListed 2025Current price: $3,500,000Original list: $3,895,000MLS 9424581
- Price changed · April 20, 2026$3,500,000
- WithdrawnListed 2023Current price: $4,750,000Original list: $4,750,000MLS 6958103
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
Active Under Contract with current price, original ask, and market time.
- Current list
- $3,500,000
- Original list
- $3,895,000
- Price movement
- $395K reduction
- Listed / DOM
- Jun 30, 2025 · 476 days
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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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($700K)
Adjustable assumption - not a lending recommendation.
Home price
$3,500,000
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
$3,500,000
Price per sqft
$1,556/sqft
Vs. Neighborhood guide reference price
-30.7%
$5.1M · Lake Austin neighborhood guide · reference price
Days on market
476 days
Original to current
$395K reduction
$3.9M original
Active inventory context
31 listings
Price Position in Lake Austin
Listed 31% below the Lake Austin neighborhood guide reference price. Lake Austin neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 19, 2026.
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