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  • Price cut: $95K (6/18)
    $1,800,000

    701 Echelon Pl, Lakeway, TX 78738

    5beds
    4,330sqft
    : 
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    Single Family Residence
    Built in 2022
    0.38 Acres Lot
    $1,734,700 Zestimate®
    $416/sqft
    $208/mo HOA

    What's special

    Executive officeIndoor water featureFloating shelvingMotorized shadesBlown glass statement lightingCustom closet systemsNest climate control
    Welcome to a fully realized luxury estate. Completed in April 2023 with over $600K in custom improvements, this home is a highly differentiated offering. On a premium corner lot backing to protected greenspace with canal access to Lake Travis, it delivers privacy and execution rarely achieved. Recreating this today would exceed $2M and require 12-24 months of construction. Interior Design & Experience: An elevated custom rock garden with an illuminated address marker sets the tone. Inside, the home reflects a fully integrated design vision. The living space is anchored by a 23-foot tiled fireplace with a custom mantle, floating shelving, and an indoor water feature. Entertain effortlessly at the custom wet bar featuring wine refrigeration and dimmable LEDs, illuminated by blown glass statement lighting. Supporting spaces include a dedicated media room, executive office, and custom closet systems. Resort-Level Outdoor Living: This is not a standard backyard upgrade; it is a meticulously engineered outdoor environment. A 45,000-gallon pool anchors the space with a 12-foot waterfall, 12-person raised spa, linear fire features, dual fire bowls, tanning ledge, and swim-up bar. A sunken pergola creates a seamless connection between guests and swimmers. Over $100,000 in landscape enhancements—including premium turf, welded steel planters, and 30+ trees—ensure total privacy. Technology & Engineering: Engineered for long-term performance, the property features a full-site drainage system and custom retaining walls to maximize usable space. Modern conveniences include motorized shades, a Tesla charger, Nest climate control, a solar Ring system, and a whole-home water softener. Community & Lifestyle: Zoned to Lake Travis ISD, enjoy Rough Hollow’s private yacht club, marina, fitness center, and resort pools. This is the finished result.
    46 days
    |
    821
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    63
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    Zillow last checked:

    Listing updated:

    Listed by:

    Oscar Draguicevich (512) 876-4114,

    Compass RE Texas, LLC (512) 575-3644

    Source: Unlock MLS,MLS#: 9418996MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      • Main level bedrooms: 2
      Heating
      • Central, Propane
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: Microwave, Double Oven, Propane Cooktop, Stainless Steel Appliance(s), Tankless Water Heater
      Features
      • Bar, Coffered Ceiling(s), High Ceilings, Quartz Counters, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Primary Bedroom on Main, Smart Home, Walk-In Closet(s), Wet Bar
      • Flooring: Carpet, Tile, Wood
      • Windows: Double Pane Windows, Low Emissivity Windows, Vinyl Windows
      • Number of fireplaces: 1
      • Fireplace features: Family Room, Gas Log
      Interior area
      • Total interior livable area: 4,330 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: None
      • Garage spaces: 3
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Rear Porch, Wrap Around
      • Exterior features: Balcony, Barbecue, Lighting, Pest Tubes in Walls, Private Yard
      • Has private pool: Yes
      • Pool features: Heated, In Ground, Outdoor Pool, Pool/Spa Combo, Waterfall
      • Fencing: None
      • Has view: Yes
      • View description: Hill Country
      • Waterfront features: None
      Lot
      • Size: 0.38 Acres
      • Features: Back to Park/Greenbelt, Back Yard, Corner Lot, Cul-De-Sac, Flag Lot, Pie Shaped Lot, Sprinkler - Automatic
      Details
      • Additional structures: None
      • Parcel number: 701 Echelon Pl
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Slab
      • Roof: Composition, Shingle
      Condition
      • Resale
      • New construction: No
      • Year built: 2022
      Details
      • Builder name: Newmark Homes

      Utilities & green energy

      • Sewer: Municipal Utility District (MUD)
      • Water: Municipal Utility District (MUD)
      • Utilities for property: Electricity Connected, Propane, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Clubhouse, Cluster Mailbox, Common Grounds, Fitness Center, Planned Social Activities, Pool, Property Manager On-Site, Tennis Court(s)
      • Subdivision: Rough Hollow
      HOA
      • Has HOA: Yes
      • Services included: Common Area Maintenance
      • HOA fee: $208 monthly
      • HOA name: Rough Hollow HOA
      Location
      • Region: Lakeway

      Financial & listing details

      • Price per square foot: $416/sqft
      • Date on market: 6/3/2026
      • Listing terms: Cash,Conventional,1031 Exchange,FHA,Texas Vet,USDA Loan,VA Loan,Zero Down
      • Electric utility on property: Yes

        Estimated market value

        $1,734,700

        $1.65M - $1.82M

        $6,069/mo

        Price history

        DateEventPrice
        6/18/2026Price change$1,800,000-5%$416/sqft
        Source: Unlock MLS #9418996 Report a problem
        6/3/2026Listed for sale$1,895,000$438/sqft
        Source: Unlock MLS #9418996 Report a problem
        5/17/2026Listing removed$1,895,000$438/sqft
        Source: Unlock MLS #9418996 Report a problem
        5/4/2026Price change$1,895,000-9.8%$438/sqft
        Source: Unlock MLS #9418996 Report a problem
        4/27/2026Listed for sale$2,100,000+90.6%$485/sqft
        Source: Unlock MLS #9418996 Report a problem
        4/22/2023Listing removed--
        Source: Unlock MLS #9589632 Report a problem
        11/19/2021Pending sale$1,101,959$254/sqft
        Source: Unlock MLS #9589632 Report a problem
        11/12/2021Price change$1,101,959-0.1%$254/sqft
        Source: Unlock MLS #9589632 Report a problem
        11/4/2021Price change$1,102,579+0.1%$255/sqft
        Source: Unlock MLS #9589632 Report a problem
        11/1/2021Price change$1,101,769+0%$254/sqft
        Source: Unlock MLS #9589632 Report a problem
        10/14/2021Listed for sale$1,101,749$254/sqft
        Source: Unlock MLS #9589632 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 78738

        Getting around

        1 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Rough Hollow
        • Middle: Lake Travis
        • High: Lake Travis
        • District: Lake Travis ISD

        Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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