This week saw a disproportionate number of “Back on the Market” listings with 6 of the 11 homes entering the market fitting this category. There can be a number of reasons for this including occupant owners not wanting to have their homes on the market during the holidays, to those wanting to take a break on a listing during a normally very slow sales period, to those looking to have their home come off market with the event of showing back up as a “New Listing” when it comes back on after the first of the year.
In any event Westlake is seeing one of the strongest January in terms of closed transaction in the past 5 years! See prior post for more information on sales in Westlake for the first 3 weeks of the year.
Three acre Lake Austin estate full of old world charm enters the market for the first time since its build in the late 1970’s. This meticulously built and maintained home pulls you back to an era of polished wooden Chris Craft boats and long summer vacations. This is a truly unique property. This is a 4 bedroom 4.2 bath 8,325 SqFt of living space features a guest cottage located above double boat slip and a state of the art gym. The SqFt price is $2,390.29.
Per the listing “Nestled along the picturesque shores of Lake Austin, this remarkable estate, meticulously crafted over three years in the late 70s, makes its debut on the real estate stage for the very first time. Purchased by visionary owners who traded boats for dreams, this home stands as a testament to their dedication and passion for creating an unparalleled living experience. Maintained with the utmost care and attention to detail, this home retains its original charm and allure. Every corner exudes a sense of enchantment, offering an experience unlike any other on Lake Austin”
Back on the Market: This home was listed for $6.2M in February of last year. It worked its way down to $4.99M before expiring in October of 2024. It is now at almost $725K less than where it ended in 2024.
The home is a 4 bedroom and 4.2 bath with 7,417 SqFt. It has a 4 car garage, pool/spa, sits on 2.88 acres. The SqFt price is 576.38.
Per the listing “Nestled on nearly 3 acres in Davenport Ranch, this one-story estate seamlessly blends timeless sophistication with modern comfort, showcasing beautiful Hill Country and Downtown views. The open floor plan, paired with the sprawling covered outdoor terrace, provides an ideal setting for effortless entertaining. Additional features include a media room, a custom wine room, and a four-car garage with ample additional parking for guests. Three additional en-suite bedrooms open to the media room which is separated by pocket doors to the kitchen, providing privacy to both areas.”
Back on the Market: This property was on the market for $2.825M last March and expired in June after it had a price drop to $2.65M. It was then relisted in June and withdrawn in December at $2.395M. It is now back on at this same price.
Per the listing it has a boat slip and boat that conveys with the property. The unit is a 3 bedroom and 2.1 bath home that is zoned condo. It has 3,248 SqFt and was built in 2002. The SqFt price is $737.38.
Per the listing “Lake Austin living at it’s finest! A true gem with a much coveted BOAT SLIP & BOAT THAT CONVEYS!!! Lock-n-leave, home in private/gated waterfront community in Westlake, in acclaimed Eanes ISD. This stunning home features two Living areas with built-ins and spacious open floor plan(Optional:2nd Living can be easily converted to 4th bedroom & full bath).”
Back on the Market: This is one unique Austin property! It is calling for a local musician or artist to occupy it! It is certainly not for everyone but it is unique!
We wrote about this one when it entered the market in July of last year. The asking price has not changed so maybe they are content with seeing what the spring market brings. It sits on 1.25 acres which is nice. Click on the address link for the full listing.
This is a new construction home with 5 bedrooms and 4.1 baths. It is 4,095 SqFt and features a pool/spa. It is on a .288 acre lot and the SqFt price of the home is $903.54.
Per the listing information “Welcome to a residence of unrivaled elegance, situated in the prestigious enclave of Westlake Hills, renowned for its exceptional standards and exclusivity. This distinguished 5-bedroom, 4.5-bathroom, 4,095 square foot home embodies the epitome of luxury living, crafted with the meticulous attention to detail befitting a statesman. Upon entering, the grandeur of this residence is immediately evident. The first floor boasts a masterfully designed primary bedroom, ensuring a retreat of utmost privacy. The true chef’s kitchen, adorned with Dacor appliances, quartz counters, and custom cabinets, is a culinary masterpiece.”
This is a 3 bedroom and 2.1 bath condominium with 1,631 Sq Ft. It was built in 1998 and has an attached 2 car garage. The SqFt price is $489.88.
Per the listing information “Welcome to 1701 Spyglass Dr #11, nestled in the highly desirable, gated Barton Hollow Condominiums in Westlake, within the prestigious Eanes ISD. This spacious 3-bedroom, 2.5-bath townhouse-style home backs to the Barton Creek Greenbelt and offers an ideal blend of comfort, convenience, and natural beauty. Step inside to discover a bright and open floor plan, perfect for both everyday living and entertaining. The modern kitchen features a new large workstation sink and new refrigerator. Inviting living spaces flow effortlessly out to a private turfed patio, where you’ll enjoy tranquil greenbelt views. The home includes a 2-car garage, offering ample storage and convenience. “
Back on the Market: This home started at $3.495M in may of last year and worked its way down to the current price of $2.995M since.
The home is a 2023 build with 6 bedrooms and 5.1 baths. It has 3,877 SqFt which puts the SqFt price at $772.50. The lot is .301 acres.
Per the listing information “Absolutely the best value for new construction in all of Westlake at new price of $2.995M considering finishes & technology throughout! With interest rates expected to drop looking ahead and markets typically improving post elections, this is an opportunity you won’t want to miss. Welcome to the future of luxury living. Innovation Home II is where modern luxury meets next generation technology, sustainable living and elegance. Explore this revolutionary concept in home construction, brought to you by OMC, pioneers in modular building. Engineered with precision in a controlled build environment, there is an endless list of forward thinking systems throughout this home Floorplan is great for multiple lifestyles with primary and an ensuite bedroom downstairs”
Back on the Market: This home entered the market in March of last year at $775K and had dropped in price by $40K by the time it expired in January. It is now back on where it lest off at $735K.
This is a 3 bedroom/3 bath condo that is 2,282 SqFt. It was built in 1990 and the current SqFt price is $322.09.
Per the listing information “Charming Condo in Coveted Lost Creek Neighborhood: Ideal Location & Opportunity Within the highly sought-after Lost Creek neighborhood, this 3-bedroom, 3-bathroom condo presents a unique opportunity to reside in the esteemed Eanes ISD school district. The home welcomes you with soaring high ceilings and abundant natural light streaming in through skylights. The kitchen, dining room, and breakfast area are thoughtfully separated from the spacious living room, allowing for seamless entertaining and daily functionality. The master suite and 2 full bathrooms located on the first floor provide convenient living, while the upper level includes 2 spacious bedrooms and an additional full bathroom. Notably, this property boasts unparalleled proximity to Lost Creek County Club (soon-to-be-completed Westlake Country Club, expected completion by 2025)”
This is a 4 bedroom and 3 bath home with 3,609 SqFt. It was built in 2010 and sits on a .285 acre lot. The SqFt price is $332.50.
Per the listing information “Situated on a spacious cul-de-sac lot, this property offers breathtaking Hill Country views, creating a serene backdrop for everyday living. Inside, you’ll find gorgeous hardwood floors, soaring ceilings, a neutral color palette, and abundant natural light streaming through large windows enhanced by custom shutters. The expansive kitchen features granite countertops, stainless steel appliances, a central island, and a breakfast bar, seamlessly connecting to the family room with a built-in entertainment center and fireplace. The main level includes a luxurious primary suite with a tray ceiling, a spa-like bathroom with an oversized frameless shower and soaking tub, and a guest bedroom for added convenience. “
Listed by Keller Williams Realty 512-448-4111
Back on the Market: It appears that this one has been on and off the market for the better of 16 months. It started at $815,500 back in August of 2023 and has worked its way down to $649K.
This is a 4 bedroom and 3 bath home with 3,609 SqFt. It was built in 2010 and sits on a .285 acre lot. The SqFt price is $332.50.
Per the listing information “Situated on a spacious cul-de-sac lot, this property offers breathtaking Hill Country views, creating a serene backdrop for everyday living. Inside, you’ll find gorgeous hardwood floors, soaring ceilings, a neutral color palette, and abundant natural light streaming through large windows enhanced by custom shutters. The expansive kitchen features granite countertops, stainless steel appliances, a central island, and a breakfast bar, seamlessly connecting to the family room with a built-in entertainment center and fireplace. The main level includes a luxurious primary suite with a tray ceiling, a spa-like bathroom with an oversized frameless shower and soaking tub, and a guest bedroom for added convenience. “
This looks like a prime candidate for tear down and rebuild but can a lot in this location bring the asking price? We will wait and see. The lot is .5 acres.
Per the listing information “Highly sought after area of Bee Cave, quiet and tranquil 1/2 acre lots of wildlife and no bright street lights. Great opportunity for rehab and make short term rental and add ADU in place of existing storage shed . Working water well/water softener and septic in great shape. House needs rehab in bathroom and kitchen so selling AS IS no updates or fixes by seller.”
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Westlake Homes for Sale
