** ONE OF ONE ** — an architectural dream where high-level luxury design meets effortless lakefront living. Welcome to a truly exceptional estate bringing the iconic feel of Lake Austin to the coveted shores of Lake LBJ. Located within the exclusive, gated Drace waterfront community, this residence offers a rare blend of modern design, comfort, & investment potential. Included are $150,000 in designer furnishings that convey with the sale. Spanning 4,472 SqFt, the home features 5 spacious bedrooms, each with its own ensuite, plus a half bath and full outdoor bath for seamless indoor-outdoor living. Soaring 24-foot ceilings define the main living & kitchen area, where walls of glass frame breathtaking lake views and fill the space with natural light. The home flows into a stunning dining room that appears to float above the water, complemented by a full bar—perfect for entertaining. Outside, enjoy a resort-style oasis featuring, a beautiful pool, built-in outdoor kitchen for lakeside dining, jacuzzi, 50 feet of open waterfront, private dock with two boat lifts, & a rooftop deck. Additional highlights include elevator access, energy-efficient features, window coverings, Sonos audio, and short-term rental eligibility. As part of the Drace community, residents enjoy a private boat ramp, marina, and trailer parking. Combined with the constant water levels of Lake LBJ, this property represents a rare opportunity to own a premier, long-term lakefront investment. This is more than a lake home. It is a statement.
88 days
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Zillow last checked:
Listing updated:
Listed by:
Jeffrey J Panko737-600-9313,
StepStone Realty LLC,
Carol Van Waarde573-268-0430,
StepStone Realty LLC
Source: HLMLS as distributed by MLS GRID,MLS#: 177544
Source: HLMLS as distributed by MLS GRID #174715Report a problem
8/14/2025
Listed for sale
$3,750,000$839/sqft
Source: HLMLS as distributed by MLS GRID #174715Report a problem
8/9/2025
Listing removed
$3,750,000$839/sqft
Source: HLMLS as distributed by MLS GRID #172271Report a problem
7/2/2025
Price change
$3,750,000-1.2%$839/sqft
Source: HLMLS as distributed by MLS GRID #172271Report a problem
3/8/2025
Listed for sale
$3,795,000-3.9%$849/sqft
Source: HLMLS as distributed by MLS GRID #172271Report a problem
8/3/2024
Listing removed
$3,950,000$883/sqft
Source: HLMLS as distributed by MLS GRID #169446Report a problem
7/5/2024
Listed for sale
$3,950,000$883/sqft
Source: HLMLS as distributed by MLS GRID #169446Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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