While the Westlake residential market has essentially been flat for 2023 and 2024, there are certainly some bright spots with our current market. For example the first 20 days of 2025 are starting off strong for our local market with a record number of closing over the first 5 years for this comparative 20 day period! Prices in 2024 have also held strong with the Average Sales Price for 2024 holding steady against 2023, and, the Median Sold Price was up 10% for the year! There is real potential for an upswing in 2025 and we will track it closely here at Westlake Confidential.
This property entered the market in November at $5,999,950. It was pulled off the market just before Christmas and has rejoined at a new price $750K (12.5%) lower than last year’s price. It is still at a pretty big ask for the square foot price and age of home.
The following is our writeup for the November listing:
This home was on the market in 2022 and sold in 2023. It has now received significant upgrades and is back on the market for $1.3M more than the prior listing price.
It is a 4,587 SqFt home with 4 bedrooms and 4.2 baths. It was originally built in 2007 and sits on a .584 lot. Among many other features it has a 3 car garage and pool/spa. The SqFt price comes in at $1,308.03.
Per the listing “Located in the heart of Rollingwood on a quiet cul-de-sac, this elegantly remodeled home, designed by renowned Dallas designer Gonzalo Bueno of X + IIIin 2023, provides an unmatched sense of privacy and tranquility. The expansive backyard is a true oasis, featuring a stunning primary pool with a cascading waterfall that flows gracefully into an intimate secondary pool, all enclosed by an exquisite stone wall for maximum seclusion. The screened-in patio, equipped with a full outdoor kitchen, offers breathtaking views of the beautifully manicured lawn, which includes a private sauna and cold plunge—ideal for relaxation and year-round enjoyment. Thoughtfully designed to harmoniously blend indoor and outdoor living, this luxurious retreat is the perfect sanctuary for both daily living and extraordinary entertaining.”
Listed by Moreland Properties 512-695-4820
This home entered the market July 24, 2024 for $6,520,000. The prior listing expired and now it is back on the market for $5,999,000 which is $521K (8%) less than before. The home has a ton of nice features including an out of this world kitchen!
Following is our prior write up for the property: This 2024 new construction home features 5 bedrooms/5 full baths/2 half baths. It is 6,214 SqFt situated on .385 acre lot. SqFt price is $1,049.24. The garage features 3 full spaces plus the home features a “4th” space for toy parking. Per the listing “Quality, luxury living in highly sought after Rollingwood. Classic design meets modern construction in this five bed eight bath oasis. You’ll immediately feel the high attention to detail ascending the staircase to your grand entrance. Built with the highest expectation of quality and execution, the home will check all the boxes of your most discerning clients. Full home Lutron automation for ease and comfort, lime-plaster finish throughout, 12′ and 20′ vaulted ceilings, mud-in return grills, plate-less outlets and walnut paneling are only some of the design moments to fall in love it. Your primary is on the main level, as is a full private guest suite, office/library, dedicated dining room, first floor laundry and pool bath”.
Listed by Redfin Corporation 512-710-0156
So, this is for a lot in Rollingwood with a tear down currently residing on it. It does come with an architectural set of plans that have been approved by the city for an almost 7,000 SqFt home. If you want to build the house with plans already drawn it could be a feasible deal. But, if that is not what you want, it looks high for a lot price from this vantage point!
Per the listing “Architectural Plans Convey!* A rare opportunity to live in the exclusive neighborhood of Rollingwood and on one of the most coveted streets. Surrounded by stately, new construction homes, this approx. 1/3 acre lot is ready for its next chapter. Plans for a luxury home designed by Hunt Architecture convey with the sale of this property. The plans have been approved by the City of Rollingwood.”
Listed by eXp Realty, LLC 888-519-7431
This one is not like the others! Stating this is an Austin eclectic is the best way we can think of describing it. It is unique! The price is pretty up there for this 1.3 acre property with a 5,091 SqFt home on it. The home is a 5 bedroom and 4.1 bath residence with a 3 car garage. The SqFt price comes out to stout $1,355.33 for this 1983 build. Our take is it is far higher than the property will fetch if the current owner is serious about selling it.
Even the listing description is unique: “ “There’s a romantic progression that guides you from the entrance to the outdoor entertaining spaces, and a flexibility that adapts to modern living- Marcus Mohon” ~5,100sq ft, 5 bedrooms, 4.5 bath, 1.34 acres A Modern Mediterranean in the heart of Westlake- experience the pedigree of the Old World region. Designed from head to toe by Marcus Mohon of Mohon Interiors, this Mediterranean style masterpiece is like a piece of fine art. Rizzoli will be featuring an expansive shoot of this property by world renowned Lisa Romerein in their March 2025 Issue. Refined style, class and culture make this home feel like you’ve stepped out the back door and into a European masterpiece. The architecture evokes the Mediterranean region’s romanticism and charm.”
Listed by Kuper Sotheby’s Int’l Realty 512-831-6577
This Condominium entered the market for $925K in May of 2023 and was reduced to $900K before being withdrawn in July. It was then offered for lease before coming back on the market for $895,000 this week. It is a little puzzling why this one has stuck around as it has a lot to offer. Maybe it has to do with it having a second bedroom loft but it’s hard to say.
The unit is a 2 bedroom and 2.1 bath with 1,980 SqFt. The SqFt price is $452.02. It was built in 1977 and features a two car garage.
Per the listing “This sleek, contemporary condo delivers high ceilings, streams of natural light, and two expansive decks that frame stunning hill country and greenbelt views. Positioned northeast, wake up to serene sunrises and enjoy perfect, soft daylight throughout the day—no glaring heat, just effortless ambiance.”
Listed by Devora Realty 512-961-9084
This home is located within “Westview on Lake Austin” subdivision. It features many nicely appointed updates throughout and has 4 bedrooms and 4.1 baths and is 4,009 SqFt. The SqFt price is $636.07 and it sits on a .344 acre lot. It features a pool/spa and a 3 car garage. It was originally built in 1999.
Per the listing “nestled in a quiet cul-de-sac within the sought-after gated community of West Rim Estates, this stunning custom-built home offers a perfect blend of elegance, privacy, and comfort. Surrounded by towering oak trees and friendly neighbors, this residence is a true sanctuary. As you step inside the grand two-story foyer, you’re greeted with natural light and sophisticated architectural details. The thoughtfully designed floor plan features a main-level primary suite—a serene retreat with spa-like amenities. Every bedroom in this home boasts its own private ensuite bath, ensuring comfort and privacy for all.”
Listed by AustinRealEstate.com 512-344-6000
This home entered the market on January 5th $2,000,000 while there was still some work being completed. The price has now been increased to $2,250,000 as it seems that the seller must be very pleased with the updates! Now seriously, it is a little odd for prices to pop up like this but it is not unheard of.
The following is our original write up for this home for the prior week:
This is a 1997 build in Davenport with 3,711 SqFt and 5 bedrooms and 4.1 baths. The SqFt price is $538.94. It features a pool and is on a .530 acre lot. The notes in the listing say there are not currently exterior photos due to it undergoing exterior painting that should be finished within the week.
Per the listing information “.53 Acres!!!!!!! Back to Greenbelt. The exterior is undergoing a major paint transformation. ( black trim and cream color stucco) and new exterior sconces. The home will be ready for new photos by the end of this coming week. 5 bedrooms / 4.5 bath + study Walk to Bridgepoint Elementary, or just enjoy using the best playground in Austin. Easy to show.”
Listed by AustinRealEstate.com 512-344-6000
This is for a lot with city approved plans for a 4,785 Sq Ft home to be built. Here is a current older home on the lot but the property is being offered as a lot.
Per the listing “Great opportunity to tear down and build on a large, 1/3 acre lot in the heart of Beecave Woods zoned to highly acclaimed Eanes Schools. Comes with fully approved plans by the City of Austin for a 2 story 4785 sqft home with a pool! Ready for you to clear the lot and build tomorrow! Incredible location – walking distance to schools, coffee, shopping and dining and 5 minute drive to downtown and Zilker Park.”
Listed by Compass RE Texas, LLC 512-575-3644
This is listed in MLS as a new construction home that is currently under construction. The MLS description says it is competitively priced homes in the area and we have to agree if it is as it is billed! It is Austin Lake Hills and is a 4 bedroom and 3.1 bath home with 2,597 SqFt. The SqFt price is $567.96 and the home sits on a .270 acre lot.
Per the listing “Welcome home to this luxurious new build in the coveted Lake Hills estates with deeded access to Lake Austin and slated for completion March 2025. Located within the prestigious Eanes ISD, this home sits on a large .35 acre lot and was designed by award winning architect Davey McEathron and built by Juneberry Homes. It is one of the most competitively priced, luxury, new builds in the area that features high end finishes, thoughtful upgrades, low 1.45% tax rate and deeded lake access less than a mile away. Spanning just under 2,600 sf, the first floor features a gourmet kitchen with stainless steel JennAir appliances, custom cabinetry, large island for in kitchen dining and beautiful, natural, quartzite countertops”.
Listed by eXp Realty, LLC 888-519-7431
Current Inventory:
Westlake Homes for Sale
