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4705 & 4709 Island CVAustin, TX 78731

For Sale

$19,000,000

Smart Buyer Rebate $190,000

Stunning main house at 4705 Island Cove and adjacent 2.13-acre lot at 4709 Island Cove on Lake Austin offers an unparalleled opportunity for luxurious waterfront living. 4705 Island Cove is nestled on a privately gated 1.1-acre lot within The Island, an exclusive waterfront community inside the 360 Bridge, this modern masterpiece was meticulously updated by Britt Design Group to create a home designed for entertaining. The main level also features formal and informal dining areas, a chef's kitchen with a walk-in freezer, discreet catering kitchen, and a lounge with a walk-in humidor to socialize after dinner with friends and family. The primary suite is a serene retreat and offers a dedicated sitting area, dual walk-in closets, a backlit White Patagonia granite shower in the spa-like bathroom, heated floors and towel rack, plus a flexible living area that rounds out the wing. Throughout the home, eight living spaces, including a game room and a lower-level pool lounge, provide endless opportunities to host intimate gatherings or grand events. Outdoors, the luxurious amenities continue with an expansive pool, hot tub, swim-up bar, and a fully equipped outdoor kitchen. The home is complete with three guest rooms, a lower-level kitchenette, saferoom, three-car garage and 2-slip boat garage. 4709 Island Cove, is a 2.13-acre tree-dotted lot that offers the option for future expansion or can be maintained as a peaceful green space, providing additional privacy and room to enhance the already impressive estate. *A separate offering of 4705 Island Cove, 4709 Island Cove, and 4400 Island Avenue combined is listed for $25,500,000. Together, these three tracts offer +/- 4.85 acres and +/- 450 feet of Lake Austin waterfront. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified. 24-Hour Advanced Showing Notice.

Listed by Eric Moreland

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License #449345

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Moreland Properties

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(512) 480-0848

Last updated March 15, 2025

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Source: ACTRIS #1302435

Listing Facts

  • TypeSingle-family
  • NeighborhoodHighland Park West
  • Bedrooms5
  • Bathrooms6
  • Days on Prevu177
  • HOA/Maint. Fees$3,200/annual
  • Taxes$168,039/year
  • Size10,227 sqft
  • Price per sqft$1,858

Amenities

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

Location

Mortgage Calculator

Listing History

03/14/2025
Listed by Moreland Properties
$19,000,000

Property Details for 4705 & 4709 Island CV

Association

Amenities

  • Community Features: Gated

Fees

  • Association Fee: $3,200.00 Annually
  • Association Fee Includes: Common Area Maintenance, Insurance

General

  • Association Name: The Island

Exterior

Construction

  • Property Condition: Resale
  • Roof: Metal, Tile
  • Window Features: Display Window(s)
  • Year Built: 1999
  • Construction Materials: Masonry – All Sides, Stone Veneer, Stucco
  • Exterior Features: Boat Lift, Boat Dock - Private, Private Yard

Features

  • Direction Faces: North
  • Fencing: Fenced, Masonry, Partial, Wrought Iron
  • Other Structures: Storage
  • Patio And Porch Features: Covered
  • Pool Features: Cabana, Diving Board, Heated, Pool/Spa Combo
  • Pool Private: Yes
  • View: Hill Country, Lake, Panoramic, River
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Measurements

  • Lot Features: Sprinkler - Automatic, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
  • Lot Size Acres: 3.25
  • Lot Size Area: 3
  • Lot Size Square Feet: 141,809

Financial

Taxes

  • Parcel Number: 01290705020000, 01290705170000
  • Tax Annual Amount: $168,039.00
  • Tax Assessed Value: $10,421,191.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Built-In Oven(s), Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Wine Refrigerator
  • Fireplace Features: Living Room
  • Fireplaces Total: 1
  • Flooring: Carpet, Stone, Tile
  • Interior Features: Breakfast Bar, Built-in Features, Cedar Closet(s), Cathedral Ceiling(s), High Ceilings, Elevator, Entrance Foyer, Intercom, Interior Steps, Multiple Dining Areas, Multiple Living Areas, Primary Bedroom On Main, Walk-In Closet(s)
  • Spa Features: Hot Tub, In Ground

Measurements

  • Living Area: 10,227
  • Living Area Source: Public Records

Rooms

  • Bathrooms Full: 4
  • Bathrooms Half: 2
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 5
  • Main Level Bedrooms: 3

Other

Features

  • Accessibility Features: Customized Wheelchair Accessible, See Remarks

Location

  • Subdivision Name: Island At Mount Bonnell Shores
  • Tax Block: B
  • Tax Lot: LOT 2-A-2 & LOT 3-A
  • Water Body Name: Lake Austin

Parking

Parking

  • Attached Garage: Yes
  • Covered Spaces: 4
  • Garage Spaces: 4
  • Parking Features: Assigned, Attached, Door-Multi, Outside
  • Parking Total: 4

Schools

Elementary School

  • Elementary School: Highland Park
  • Elementary School District: Austin ISD

High School

  • High School: Mc Callum
  • High School District: Austin ISD

Middle or Junior School

  • Middle Or Junior School: Lamar (Austin ISD)
  • Middle Or Junior School District: Austin ISD

Utilities

Equipment

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Fireplace(s), Natural Gas
  • Other Equipment: Intercom
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

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.