Value on Lake Austin. 4511 Island Cove is a remarkable waterfront estate set on over half an acre within The Island, one of Austin’s most coveted gated communities. An exquisite collaboration between Impact Design and Corias Homes, the residence features 5 bedrooms, 5 full bathrooms, and 1 half bath. A tranquil fountain welcomes you upon arrival, setting the tone for the Italian-inspired elegance found throughout the home. Ornate columns, graceful archways, and dramatic chandeliers create a sense of timeless sophistication. As you enter the home’s grand foyer you are welcomed by an esteemed double-height study adorned with rich wood finishes. The warm kitchen showcases wood-beamed ceilings, high-end stainless steel appliances, and a functional layout that opens to the main living area and dining room. Wine storage adds to the home’s entertaining appeal, while ample terraces and covered patios extend the living experience outdoors. The expansive primary suite serves as a private escape, featuring a double-sided fireplace, direct access to the backyard oasis, and a massive, spa-like bathroom. Outdoors, the serene grounds unfold toward the water, offering peaceful covered patios and multiple spaces to relax or entertain. A private hydraulic boat slip provides effortless access to Lake Austin living. Residents enjoy privacy, security, and a premier waterfront lifestyle just moments from downtown Austin. This exceptional property blends timeless architecture, thoughtful craftsmanship, and an unparalleled location to create a truly special retreat on the water. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.
Features of 4511 Island Cv
MLS® #
5733678
Price
$5,650,000
Bedrooms
5
Bathrooms
6.00
Full Baths
5
Half Baths
1
Square Footage
7,760
Acres
0.53
Year Built
1998
Type
Residential
Sub-Type
Single Family Residence
Status
Active
Has Pool
Yes
Water Feature/View
View
Lake,River,Lake Austin
Is Waterfront
Yes
Water Body
Lake Austin
Community Information: Austin
Address
4511 Island Cv
Area
1B
Subdivision
ISLAND AT MT BONNELL SHORES
City
Austin
County
Travis
State
TX
Zip Code
78731
Amenities of 4511 Island Cv
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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 February 8th, 2026 at 11:00am CST. 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.
