An exceptional Lake Austin waterfront opportunity offering rare entitlements and outstanding development potential. This close-in waterfront lot features approximately 100 feet of shoreline, with 70 feet of usable waterfront, and conveys long-standing entitlements dating back to 1915.
The property presents a unique chance to build a legacy estate with breathtaking Lake Austin views in one of Austin’s most desirable waterfront corridors. Buyers may take advantage of existing, permit-ready plans or pursue a fully custom design tailored to their vision, all within a setting that offers both privacy and proximity to the city’s premier amenities.
A truly rare offering where history, scale, and location converge to create an unparalleled waterfront homesite on Lake Austin.
Potential Owner Financing with Below-Market Interest Rates.
Features of 3823 Westlake Dr
MLS® #
3470342
Price
$5,300,000
Bathrooms
0.00
Acres
0.84
Type
Land / Farm
Sub-Type
Multiple Parcels
Status
Active
Has Pool
No
Water Feature/View
View
Lake,River,Lake Austin
Is Waterfront
Yes
Water Body
Lake Austin
Community Information: Austin
Address
3823 Westlake Dr
Area
8E
Subdivision
Lake Shore Add
City
Austin
County
Travis
State
TX
Zip Code
78746
Amenities of 3823 Westlake Dr
Utilities
Electricity Available
Features
None
Interior of 3823 Westlake Dr
Fireplace
No
Exterior of 3823 Westlake Dr
Exterior Features
Dock
Lot Description
Many Trees, See Remarks, Sloped Down, Xeriscape
School Information
District
Eanes ISD
Elementary
Bridge Point
Middle
Hill Country
High
Westlake
Additional Information On 3823 Westlake Dr
Days on Market
424
Zoning
Unknown
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
Gated Community
No
Property History
Price Reduced from $5,875,000 to $5,300,000
Price Reduced from $6,499,000 to $5,875,000
Price Reduced from $6,900,000 to $6,499,000
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract
Price Increased from $5,995,000 to $6,900,000
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: Kuper Sotheby's Int'l Realty(512) 633-5186. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from July 14th, 2026 at 11:00pm 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.
