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208 Palazza Alto DrAustin, TX 78734

For Sale

$2,199,900

Smart Buyer Rebate $21,999

A true crown jewel of Bella Montagna, this commanding hilltop estate pairs architectural distinction with sweeping Lake Travis and Hill Country panoramas, achieving a rare balance of privacy, presence, and timeless design. A gated entry leads to an expansive motor court with capacity for 15+ vehicles, immediately establishing the scale and intention of the residence. Beyond Cantera iron doors, a hand-painted barrel-ceiling foyer sets a dramatic first impression while perfectly framing uninterrupted views. Inside, refined craftsmanship is evident—soaring ceilings, exposed beams, and thoughtfully selected architectural details throughout. Designed primarily for single-level living, each bedroom offers an en-suite bath and walk-in closet, while an upper wing provides two additional guest suites, a sitting area, and its own HVAC. The kitchen, dining, and family core revolves around an oversized double-ogee granite island and is outfitted with chef-level amenities including double dishwashers, a six-burner cooktop with griddle, convection and steam ovens, warming drawer, pot filler, built-in refrigerator, walk-in pantry, copper prep sink, and extensive custom cabinetry. A Cantera-door wine room with bar and wine refrigerator completes the entertainer’s experience. The owner’s retreat opens to approximately 1,000 square feet of covered outdoor living, featuring a summer kitchen, hot tub, and resort-style pool positioned to capture year-round breezes. The suite is further enhanced by an exercise alcove overlooking the views, a custom stone soaking tub, and a generously scaled designer closet. Additional highlights include three oversized garage bays with storage and attic access, granite window sills, a custom-carved stone fireplace, plantation shutters, and manicured grounds spanning 1.3 acres. With a low tax rate, low HOA, and protected unobstructed views from every room, this residence stands among Lakeway’s most iconic and admired hilltop estates within Bella Montagna.

Listed by April Womack

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License #570636

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Moreland Properties

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(512) 263-3282

Listed by Jenny Aston

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License #671999

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Moreland Properties

Last updated January 23, 2026

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Source: ACTRIS #8549068

Listing Facts

  • TypeSingle-family
  • NeighborhoodLakeway
  • Bedrooms4
  • Bathrooms5
  • Days on Prevu151
  • HOA/Maint. Fees$1,400/annual
  • Taxes$25,190/year
  • Size4,435 sqft
  • Price per sqft$496

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

01/21/2026
Price Decreased
$2,199,900
01/19/2026
Price Decreased
$2,249,750
11/03/2025
Price Decreased
$2,249,900
10/24/2025
Price Decreased
$2,250,000
09/25/2025
Price Decreased
$2,299,900
09/19/2025
Price Decreased
$2,399,900
09/19/2025
Price Decreased
$2,449,900
09/01/2025
Listed by Moreland Properties
$2,499,900

Property Details for 208 Palazza Alto Dr

Association

Amenities

  • Community Features: Cluster Mailbox, Common Grounds, Gated

Fees

  • Association Fee: $1,400.00 Annually
  • Association Fee Includes: Common Area Maintenance

General

  • Association Name: Bella Montagna

Exterior

Construction

  • Property Condition: Resale
  • Roof: Tile
  • Window Features: Double Pane Windows, Window Coverings
  • Year Built: 2014
  • Builder Name: Lake Travis Builders
  • Construction Materials: Masonry – All Sides, Stone, Stucco

Features

  • Direction Faces: North
  • Fencing: Full, Stone, Wrought Iron
  • Pool Features: Pool/Spa Combo
  • Pool Private: Yes
  • View: Hill Country, Lake, Panoramic, Park/Greenbelt, River

Measurements

  • Lot Features: Sprinkler - Automatic, Sprinkler - Back Yard, Sprinklers In Front, Trees-Moderate
  • Lot Size Acres: 1.32
  • Lot Size Area: 1
  • Lot Size Square Feet: 57,542

Financial

Taxes

  • Parcel Number: 01396808300000
  • Tax Annual Amount: $25,190.00
  • Tax Assessed Value: $1,732,962.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Built-In Oven(s), Gas Cooktop, Dishwasher, Disposal, Microwave, Double Oven, Refrigerator
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces Total: 1
  • Flooring: Carpet, Stone, Wood
  • Interior Features: Bookcases, Breakfast Bar, Beamed Ceilings, Cathedral Ceiling(s), Entrance Foyer, French Doors, Multiple Living Areas, Primary Bedroom On Main, Walk-In Closet(s), Wired For Sound
  • Spa Features: Hot Tub, In Ground

Measurements

  • Living Area: 4,435
  • Living Area Source: Public Records

Rooms

  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 4
  • Main Level Bedrooms: 2

Other

Location

  • Subdivision Name: Bella Montagna; Round Mountain Estates 02; LAKEWAY
  • Tax Lot: 60

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Attached
  • Parking Total: 15

Schools

Elementary School

  • Elementary School: Lake Travis
  • Elementary School District: Lake Travis ISD

High School

  • High School: Lake Travis
  • High School District: Lake Travis ISD

Middle or Junior School

  • Middle Or Junior School: Hudson Bend
  • Middle Or Junior School District: Lake Travis ISD

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Municipal Utility District (MUD), Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 4 bedrooms and 5 bathrooms in this single-family home at 208 Palazza Alto Dr.

What schools are nearby to 208 Palazza Alto Dr?

Nearby schools include the Lake Travis Elementary School, Hudson Bend Middle School, and Lake Travis High School.

Does this single-family home have parking?

Yes, there are 3 parking spaces available for 208 Palazza Alto Dr.

What are the annual taxes for 208 Palazza Alto Dr?

Annual taxes for this single-family home are estimated at $25,190.

How does 208 Palazza Alto Dr compare to other single-family homes in Lakeway?

This single-family home is listed 57% above the average price for single-family homes in Lakeway and has been on the market for 92 more days than the typical home in this area.

What building or home owners association is the single-family home part of?

This single-family home is part of the Bella Montagna home owners association.

What is the square footage on this single-family home?

According to the MLS, this listing is 4,435 sqft.

208 Palazza Alto Dr is a 4-bedroom, 5-bath single-family home for sale in Austin TX 78734. On Prevu for 151 days at $2,199,900. This includes a recent price decrease of $49,850. This home features 4,435 square feet of living space, located in Lakeway. The median listing price for single-family homes in this area is $885,000. Nearby schools include Lake Travis Elementary School, Hudson Bend Middle School, and Lake Travis High School. Property amenities include private outdoor space, dishwasher, air conditioning, parking, and swimming pool. Browse more single-family home listings in Texas.

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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.