After a frenzied market over the last three years, the latest data coming from Austin, Texas, is now pointing toward stabilization, with prices leveling out and inventory bouncing back. While the days of cutthroat bidding wars may be over—at least for now—the effects on the luxury segment of the market may prove long-standing.
With much attention being drawn to Austin real estate during and after the pandemic, many wealthy buyers have been introduced to the city’s high-end market and its bounty of well-appointed homes. As such, Austin’s reputation as the locale for luxury properties, as well as its population, have only continued to grow.
Check out these three luxury properties in the Texas capital city that are available now.
Contemporary Waterfront In Watersedge
More reminiscent of a winding river than traditional lake, Lake Austin runs for a 22-mile stretch through western Austin, gifting the area with desirable waterfront properties, including this next remarkable home. Distinguished in both design and location, the property offers direct access to the water and a curated outdoor space to best enjoy lakeside living. A spacious covered terrace houses an al fresco kitchen and stone fireplace, ending in a negative edge pool just above the water’s surface that seemingly flows into the lake.
Views from the terrace only slightly best those from the floor-to-ceiling walls of glass that line the home, making glimpses of the lake available from almost anywhere across the 5,000-square-foot interior. Wood coats both the oak floor and the ceiling of the main living space for a natural accent against the room’s clean lines and white walls. The main suite sits on the ground floor with a massive walk-in closet and spa bathroom with an oversized marble shower and soaking tub.
Upstairs, two ensuite bedrooms open to the second-floor balcony. Another story up is the third-floor bird’s nest for the farthest-reaching vista of the lake and surrounding landscape.
Located in the gated community Watersedge, the waterfront home is just 15 minutes from downtown Austin. The listing for 4211 Watersedge Cove is held by Greg Walling.
Five-Acre Ranch Estate In West Lake Hills
Although not technically an Austin home, this roughly 5,900-square-foot residence in West Lake Hills is so close to the city that it was once part of a larger ranch just outside of downtown. Spreading across 4.71 acres under the canopy of mature oaks, the property is surrounded by smaller yet still sizable parcels, making for a secluded, private feel while still being only 6 miles from Austin’s core.
Built in 2001, the four-bedroom, five-bathroom home has been updated with an extensive series of recent renovations over the last two years. The result is something that will likely avoid the trappings of time, with a lasting character that is defined by quality materials and well-thought-out spaces.
Large metal-framed windows and floor-to-ceiling sliding glass doors let light fill up to the vaulted ceilings. Reclaimed oak hardwood floors run throughout, including through the home’s sophisticated chef’s kitchen complete with custom oak cabinets, marble countertops and Wolf/Miele stainless-steel appliances. Backing the newly remodeled residence is an Ipe wood deck featuring panoramic views over Little Bee Creek. Anna Lee of Moreland Properties holds the listing at 417 Ledgeway Ridge.
Architectural Marvel In Tarrytown
If you are struck by the architecture of this Tarrytown home, you’re not alone—the five-bedroom contemporary residence has won numerous awards over its nearly 20-year existence and is now available for the first time.
Designed by renowned local architect Heather McKinney, the environmentally-conscious “treehouse castle” is deliberately enclosed by a grove of thick trees, affording rare privacy in one of the most walkable zones of West Austin.
Distinct beyond specific categorization, the home features an array of styles while remaining aesthetically harmonious from room to room. Windows nearly climb to the height of soaring ceilings in the airy living room. Centered by a limestone fireplace, the double-height screen porch is as impressive to behold from the inside as it is from the outside. Reinforced gallery walls make for a fashionable space to showcase art and photography.
Other highlights include a yoga nook, formal dining room lined with floor-to-ceiling bookshelves and primary suite with attached balcony. Built to last, the roughly 4,000 square foot home at 2806 Robbs Run is outfitted with durable materials, including hardwood throughout and HardiePlank siding. Solar panels provide a sizable percentage of the power. Moreland’s Clayton Bullock holds the listing.
MORE FROM FORBES GLOBAL PROPERTIES
Read the full article here
