Experience refined Hill Country living in this stunning Bella Montagna estate, located within one of Lakeway’s most prestigious gated communities. Spanning three levels with five bedrooms and five-and-a-half bathrooms, this residence offers both sophistication and comfort in equal measure.
The main level is designed for effortless living and entertaining, with a statement kitchen featuring premium appliances and a stylish breakfast bar flowing into expansive dining and living areas. Walls of windows frame sweeping Hill Country views, creating a seamless connection between indoors and out.
The primary suite offers a private retreat with an elegant ensuite bath, generous walk-in closet, and panoramic vistas. Each additional bedroom includes its own ensuite, ensuring privacy and convenience for family and guests.
Thoughtful design extends throughout the home with three separate living areas, a dedicated media room, and multiple outdoor terraces ideal for both quiet mornings and evening gatherings.
Enhanced with solar panels, this residence combines modern efficiency with timeless design. With its elevated setting, abundant natural light, and versatile spaces, this Bella Montagna home delivers a lifestyle defined by elegance, sustainability, and exceptional views.
Listed by Kiely Wolters
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License #757955
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Compass RE Texas, LLC
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(512) 417-8060
Listed by Wendi Slaton Anderson
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License #503973
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Compass RE Texas, LLC
Last updated October 22, 2025
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Source: ACTRIS #1305867
Listing Facts
TypeSingle-family
NeighborhoodLakeway
Bedrooms5
Bathrooms6
Days on Prevu7
HOA/Maint. Fees$1,500/annual
Taxes$33,100.43/year
Size5,183 sqft
Price per sqft$345
Amenities
Dishwasher
Private Outdoor Space
Air Conditioning
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
10/17/2025
Listed by Compass RE Texas, LLC
$1,790,000
Property Details for 205 Palazza Alto DR
Association
Amenities
Community Features: Gated
Fees
Association Fee: $1,500.00 Annually
Association Fee Includes: Common Area Maintenance
General
Association Name: First Service Residential
Exterior
Construction
Property Condition: Resale
Roof: Metal
Window Features: Blinds
Year Built: 2017
Construction Materials: Concrete, Stone
Exterior Features: Outdoor Grill
Features
Direction Faces: East
Fencing: Wrought Iron
Other Structures: Outdoor Kitchen
Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch, Side Porch
View: Hill Country, Lake, Panoramic, Water
Measurements
Lot Features: Sprinkler - Automatic, Trees-Medium (20 Ft - 40 Ft), Views
Lot Size Acres: 1.05
Lot Size Area: 1
Lot Size Square Feet: 45,838
Financial
Taxes
Parcel Number: 01396809060000
Tax Annual Amount: $33,100.43
Tax Assessed Value: $1,819,991.00
Tax Year: 2024
Interior
Features
Appliances: Built-In Gas Oven, Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Microwave, Oven, Refrigerator, Water Softener Owned
Fireplace Features: Living Room
Fireplaces Total: 1
Flooring: Carpet, Tile, Wood
Interior Features: Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Vaulted Ceiling(s), Chandelier, Granite Counters, Double Vanity, Eat-in Kitchen, Entrance Foyer, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Primary Bedroom On Main, Soaking Tub, Walk-In Closet(s)
Cooling: Central Air, ENERGY STAR Qualified Equipment
Heating: Central, ENERGY STAR Qualified Equipment, Fireplace(s), Solar
Sewer: Aerobic Septic
Utilities: Propane, Solar
Water Source: Municipal Utility District (MUD)
Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
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