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551 Pemberton WAY
Austin, TX, 78737
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$1,489,900
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Situated on a sprawling 1+ acre lot, this beautifully renovated 4-bedroom, 5-bathroom estate is designed to impress. Thoughtfully updated in 2023, this home boasts recent Pella windows, a new roof (2022), gleaming hardwoods, and exquisite custom details throughout. Step inside to be greeted by a lighted barreled ceiling entry, exposed stone walls with lighted art niches, and three grand living areas. The formal dining features tray ceilings and a view of the wine cellar, while the dedicated office offers French doors, custom built-ins, and soaring ceilings. The fully renovated kitchen is a chef’s dream, featuring a built-in Sub-Zero refrigerator/freezer, 6-burner Wolf range with griddle, Bosch dishwasher, an oversized island with storage and seating, and custom cabinetry. The open-concept family room showcases a stone fireplace, custom built-ins, and picturesque backyard views. A bar with open shelving, a beverage refrigerator, storage, and seating is conveniently located adjacent to the family room and kitchen. The main level primary suite is a private retreat with a fireplace, coffee bar, and a walk-in closet with built-ins. The primary bath offers a jetted tub, walk-in shower, and dual vanities. A main-level guest suite with a fully updated en-suite bath and walk-in closet provides a luxurious stay for visitors. Upstairs, a spacious game room offers a dedicated study area, and ample flex space. Two additional bedrooms include walk-in closets. Outdoor living is just as exceptional, featuring a resort-style pool and spa with security fencing, a covered patio with wood plank ceilings, ceiling fans, a built-in Traeger grill, and a refrigerator—all overlooking the fully irrigated yard. Additional highlights include: 3-car side entry garage with built-in work area, Circular driveway for extra parking, Mudroom/drop zone with custom cubbies, Large utility room with penny tile floors, a sink, and storage. This SW Austin home is move-in-ready and designed to impress.
Property Type
Residential
Year Built
2000
Lot Size
1.07 acres
$/Sq Ft
$313
HOA
$1800/mo
Garage
3 spaces
Pool
Yes
Listed by Compass RE Texas, LLC
Verified property facts
551 Pemberton WAY is listed at $1,489,900 with 4 bedrooms, 5 full bathrooms, 4,762 square feet, 1.07-acre lot. This places it above the 78737 median of $848,750.
551 Pemberton WAY is zoned for Dripping Springs ISD with assigned schools: Sycamore Springs (8/10) (elementary), Sycamore Springs (8/10) (middle), Dripping Springs (8/10) (high). School assignments should be verified directly with the district.
551 Pemberton WAY is a Residential built in 2000 featuring 4 bedrooms, 5 full bathrooms, 4,762 square feet, 1.07-acre lot.
551 Pemberton WAY is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($297,980) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 551 Pemberton WAY is around $10,462 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in The Polo Club
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Listing timeline with current price, original ask, and market time.
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. Ratings from GreatSchools.org.
20% ($298K)
$1,489,900
Luxury property intelligence
A sourced read on The Polo Club pricing, timing, and property scale. No automated valuation claim.
List price
$1,489,900
Price per sqft
$313/sqft
Vs. The Polo Club median
Not available
Days on market
450 days
Original to current
$110K reduction
$1.6M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 5, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $1,489,900, 551 Pemberton WAY is in the The Polo Club market where there are currently 84 active listings in 78737. The Keenan Group has completed 15 transactions in 78737 as part of 1,000+ career sales totaling $1B+ across Austin.
551 Pemberton WAY includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
551 Pemberton WAY is part of a managed community with HOA dues of $1,800 semi-annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
6 events on record
Current Price
$1,599,900
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Recent sales for market context