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Off market
  • $5,431,500

    706 Terrace Mountain Dr, West Lake Hills, TX 78746

    5beds
    5,318sqft
    Single Family Residence
    Built in 2024
    0.71 Acres Lot
    $5,431,500 Zestimate®
    $1,021/sqft
    $43,228 Estimated rent

    Home value

    $5,431,500

    $4.73M - $6.30M

    $43,228/mo

    Zestimate® history
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    What's special

    White context tileOutdoor kitchenOversized skylightsCanyon viewsLarge windowsMiele appliancesCovered patio spaces

    Terrace Mountain epitomizes refined luxury living in prestigious West Lake Hills. This exceptional residence, crafted by Black Rabbit Design/Build, SLIC Design and Stewart & Co. Construction, offers a forward-thinking design that sets it apart in the neighborhood. With 6 bedrooms, 6 baths, and 5,318 square feet of interior space, plus over 1,800 square feet of outdoor living space, this expansive property spans .732 acres and is strategically positioned to showcase stunning canyon views from three of its four decks, while providing a serene ambiance on this coveted street. The exterior boasts a harmonious blend of modern brick, stucco, and white oak, complemented by an impressive reverse board and batt door that sets the tone for what lies within. Large windows and oversized skylights on the main floor flood the home with natural light, while evening ambiance is enhanced by a decorative lighting package featuring renowned designers such as Kelly Wearstler, Overture Studios, and Allied Maker. Interior doors are elegantly flush-mounted with Emtek hardware. The kitchen is a true masterpiece, featuring top-of-the-line Miele appliances, Sub-Zero refrigeration, Watermark plumbing fixtures, and a striking Grey Goose Honed Marble feature wall. The adjacent dining area, nestled between the kitchen and living room under a wood beam-lined ceiling, creates a seamless flow for entertaining and daily living. A Butler's Pantry equipped with a wine refrigerator, and lots of storage and prep space. The Primary retreat, located on the main level, boasts a luxurious bathroom adorned with custom tile walls and custom white oak cabinetry. The soaking tub, enveloped in stunning Grey Goose Honed Marble, offers a tranquil oasis. Descending to the lower level, you'll find another living area with a built-in composed of brick tile and pale oak, providing access to the pool, spa, covered patio spaces, and outdoor kitchen. Designed with an indoor-outdoor approach, the lower level includes a flex room suitable for entertainment, fitness, work, or an additional bedroom. The pool features a charcoal lueder deck, white context tile and deep stormy seas plaster. For added convenience, laundry facilities are available on both levels. 706 Terrace Mountain offers a rare combination of luxury, functionality, and meticulous design, making it an unparalleled residence in West Lake Hills. Estimated completion is November 2024.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Source: Kuper Sotheby's International Realty,MLS#: 3QZ4B2

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Interior area
    • Total structure area: 5,318
    • Total interior livable area: 5,318 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached Garage
    • Has attached garage: Yes
    Lot
    • Size: 0.71 Acres
    Details
    • Parcel number: 119862

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 2024
    • Major remodel year: 2024

    Community & HOA

    Location
    • Region: West Lake Hills

    Financial & listing details

    • Price per square foot: $1,021/sqft
    • Tax assessed value: $4,901,233
    • Annual tax amount: $61,762
    • Date on market: 4/24/2024
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    3/28/2025Listing removed$9,450,000$1,777/sqft
    Source: Kuper Sotheby's International Realty #3QZ4B2 Report a problem
    9/30/2024Price change$9,450,000-3.6%$1,777/sqft
    Source: Kuper Sotheby's International Realty #3QZ4B2 Report a problem
    4/24/2024Listed for sale$9,800,000+499.4%$1,843/sqft
    Source: Kuper Sotheby's International Realty #3QZ4B2 Report a problem
    12/16/2021Listing removed--
    Source: Unlock MLS #9916828 Report a problem
    12/2/2021Contingent$1,635,000$307/sqft
    Source: Unlock MLS #9916828 Report a problem
    10/13/2021Price change$1,635,000-2.6%$307/sqft
    Source: Unlock MLS #9916828 Report a problem
    9/23/2021Price change$1,679,000-1.2%$316/sqft
    Source: Unlock MLS #9916828 Report a problem
    8/25/2021Price change$1,699,000-2.6%$319/sqft
    Source: Unlock MLS #9916828 Report a problem
    8/13/2021Price change$1,745,000-2.5%$328/sqft
    Source: Unlock MLS #9916828 Report a problem
    7/21/2021Listed for sale$1,790,000$337/sqft
    Source: Unlock MLS #9916828 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$61,762 +152.9%$3,770,916 +154.7%
    2024$24,417 +86.7%$1,480,779 +82.2%
    2023$13,077 -55.5%$812,830 -52.7%
    2022$29,391 $1,716,712 +65.4%
    2021-- $1,038,043 +10%
    2020$10,688 +2.3%$943,675 -11.3%
    2019$10,445 +10%$1,064,267 +25.9%
    2018$9,496 $845,409 +10%
    2017$9,496 +12.2%$768,554 +10%
    2016$8,462 $698,685 +10%
    2015$8,462 $635,168 +10%
    2014$8,462 $577,425 +10%
    2013-- $524,932 -0.5%
    2012-- $527,765 +10%
    2011-- $479,786 -0.8%
    2010-- $483,790 +4.7%
    2009-- $462,072 +10%
    2008-- $420,065 +10%
    2007-- $381,877 +10%
    2006-- $347,161 +10%
    2005-- $315,601 -20.9%
    2002$8,828 $398,900
    Find assessor info on the county website

    Neighborhood: 78746

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $5,431,500
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    Estimated market value
    $5,431,500