7400 Coldwater Canyon Dr.
Austin, TX 78730
Neighborhood: Lake Austin
Property Style: Land, Waterfront
Land Size: 65.68 acres
Water frontage: 2,700 feet
Buildings included: Guest lake house and carriage house
Special features: 8 boat slips and 300-seat outdoor theater
The lowdown: Located on the shores of Lake Austin, this property is one of the last available parcels of land on the pristine lake. Listed for a cool $45 million, it's a once-in-a-lifetime opportunity for a very special buyer. Featuring more than 2,700 feet of Lake Austin and Coldwater Creek frontage, the property is regarded as one of the highest quality in the Austin market.
Gently sloping terrain is covered in heritage pecan, cypress, and oak trees with diverse plant and wildlife. Scenic trails lead to the banks of the lake, where there's a private marina with eight covered boat slips, a two-bedroom guest house with full amenities, and a 300-seat outdoor theater modeled after Shakespeare’s Globe Theater in London. But wait — there’s also a pirate ship.
Start planning your dream home, because the proposed home site rests on a commanding high point over Lake Austin with stunning views of the surrounding canyons, downtown Austin, and the famed 360 Bridge. Only 15 minutes from downtown, the land is located near top schools, shopping, and award-winning restaurants.
Rest assured that the views and natural surroundings will remain protected, as the property is located between several huge tracts of the Balcones Canyonlands Preserve. Additionally, the conservation easement stipulates that the property cannot be sub-divided or partitioned and must remain a single-family residence.
This home is on the market with Gary and Michelle Dolch of Kuper Sotheby's International Realty. Click here to see more photos, details, and to contact the agents.