REDUCED BY $590,000! Tucked away in one of Lake Austin's most sought-after neighborhoods, this property is a gated limestone residence that captures the charm of Southern living paired with coveted lakefront access. Situated on a .654-acre lot (per survey) with approximately 99' of water frontage, this property delivers privacy, comfort, and lifestyle in one of the most iconic settings in Austin. Originally built in 1981 and taken down to the studs from 2008 to 2011, the home has been thoughtfully updated to maximize both functionality and timeless appeal-complete with deep, full-length porches on both levels overlooking the lake. Spanning 4,775 sqft (per TCAD), the interior includes four bedrooms, three full baths, and two half baths. Every bedroom offers sweeping lake views and direct access to the porches, creating a seamless indoor-outdoor connection. The primary bedroom is wrapped in windows and overlooks the lake, with slide doors that open to the backyard and pool area. The primary bathroom feat. a steam shower and European jet bathtub. The gourmet kitchen is equipped with granite countertops, a large center island, with top-of-the-line appliances including a Wolf range and Miele oven with warming drawer along with a Subzero refrigerator and freezer built-in with custom cabinetry. A one-of-a-kind wooden shoreline deck extends along the water's edge-ideal for lounging, dining, or enjoying lakefront sunsets. The private boat dock includes a boat slip with a hydraulic lift, plus two jet ski hydraulic lifts, providing effortless access to Lake Austin adventures. The home also features a pool, gazebo, air-conditioned waterfront studio, and a three-car garage. Located within Austin ISD and just a short walk/golf cart ride to local favorite Ski Shores Cafe, this is a rare opportunity to own a legacy property on Lake Austin. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified. 24HR advance showing notice.