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.
Features of 4705 & 4709 Island Cv
MLS® #
1302435
Price
$18,000,000
Bedrooms
5
Bathrooms
6.00
Full Baths
4
Half Baths
2
Square Footage
10,227
Acres
3.26
Year Built
1999
Type
Residential
Sub-Type
Single Family Residence
Status
Active
Has Pool
Yes
Water Feature/View
View
Hills,Lake,Panoramic,River,Lake Austin
Is Waterfront
Yes
Water Body
Lake Austin
Community Information: Austin
Address
4705 & 4709 Island Cv
Area
1B
Subdivision
Island At Mount Bonnell Shores
City
Austin
County
Travis
State
TX
Zip Code
78731
Amenities of 4705 & 4709 Island Cv
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sprinklers Automatic, Trees Large Size, Trees Medium Size
Roof
Metal, Tile
Construction
Masonry, Stucco, Stone Veneer
Foundation
Slab
School Information
District
Austin ISD
Elementary
Highland Park
Middle
Lamar (Austin ISD)
High
McCallum
Additional Information On 4705 & 4709 Island Cv
Days on Market
203
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
HOA Fees
3200
HOA Fees Freq.
Annually
Gated Community
Yes
Property History
Price Reduced from $19,000,000 to $18,000,000
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: Moreland Properties(512) 480-0848. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from October 29th, 2025 at 7:30pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.