Santa Barbara-Style Lake Travis Estate With 2,300 Feet of Waterfront and Subdivision Potential Lists for $12,000,000

Known as Villa Point Lago, the 50-acre Texas Hill Country property combines a newly built lakefront residence with a private peninsula, panoramic Colorado River views and the potential for three additional estate-sized homesites.

On a secluded peninsula along the main body of Lake Travis, a newly constructed Santa Barbara-style residence sits amid approximately 50 acres of Texas Hill Country landscape. With roughly 2,300 linear feet of waterfront along the Colorado River, the property offers an unusual combination of a private lake retreat, expansive acreage and potential future development.

Known as Villa Point Lago, the estate at 2031 County Road 410 in Spicewood, Texas, has been listed for $12,000,000. Completed in 2022, the 4,037-square-foot residence contains three bedrooms and four bathrooms, with floor-to-ceiling glass framing panoramic views of the lake, surrounding hills and waterway.

The property is particularly distinctive because the house represents only part of its value. The listing indicates that the land could accommodate three additional homesites of more than 10 acres each, with underground utilities already in place.

For a buyer, that creates two possible visions: a private 50-acre waterfront retreat preserved largely as it stands, or a family compound with multiple residences spread across one of Lake Travis’s more secluded settings.

A Private Peninsula on the Main Body of Lake Travis

The defining feature of Villa Point Lago is its waterfront setting.

Occupying approximately 50 acres along the main body of Lake Travis, the estate extends across a peninsula with an estimated 2,300 linear feet of Colorado River shoreline. The property is described as having deep-water frontage, an important consideration on a reservoir where water levels can fluctuate.

The peninsula configuration gives the estate a substantial relationship with the lake. Rather than offering a single narrow waterfront boundary, the land follows an extended stretch of shoreline, creating opportunities for multiple vantage points and a heightened sense of separation from neighboring properties.

The surrounding hills provide a dramatic natural backdrop, while the open water becomes a central element of the property’s visual character.

Despite its rural atmosphere, the estate is located less than an hour west of Austin, according to the listing. Actual travel times depend on traffic and the chosen route.

That proximity allows the property to function as either a primary residence or a weekend retreat, offering considerable privacy without requiring a remote destination.

Santa Barbara Architecture Meets the Texas Hill Country

Completed in 2022, the residence takes inspiration from the relaxed architectural character of Santa Barbara, California.

The design emphasizes indoor-outdoor living, expansive glazing and an open floor plan that directs attention toward the landscape.

Floor-to-ceiling glass brings natural light into the principal living spaces while framing views of Lake Travis and the surrounding hills. The effect is intended to make the natural setting feel like an extension of the interior rather than a distant backdrop.

The residence’s 4,037 square feet are relatively restrained in comparison with the size of the property. On approximately 50 acres, the house occupies only a small portion of the overall landscape.

That relationship is important to Villa Point Lago’s appeal. The estate is not designed around the largest possible residence; instead, the architecture allows the land and waterfront to remain the dominant features.

Artisan detailing, custom millwork and refined finishes provide a more polished residential environment within the otherwise rugged Hill Country setting.

A Glass-Framed Great Room and Chef’s Kitchen

Inside, the principal living areas follow an open-concept arrangement intended to support both everyday comfort and entertaining.

Large expanses of glass bring the lake views into the home, while the kitchen serves as a central gathering space.

The chef’s kitchen features premium appliances, custom cabinetry and an oversized central island. Its configuration is designed to accommodate meal preparation and informal gatherings without separating the cook from the principal living spaces.

The openness of the floor plan also allows views and natural light to extend across multiple rooms.

With three bedrooms and four bathrooms, the residence is notably more intimate than many luxury estates offered at comparable prices. Its scale reflects the property’s positioning as a lakefront retreat and acreage holding rather than a conventional mansion built to maximize interior square footage.

A dedicated office provides space for working from home and is described in the listing as potentially convertible into guest accommodations or a casita. Any such conversion would depend on the existing structure, required permits and applicable building regulations.

Outdoor Living Along the Lake

The residence’s covered patio is one of its most important living spaces.

Positioned to take advantage of the surrounding waterfront views, the patio extends the open interior toward the landscape, creating a place for outdoor dining, entertaining and relaxing.

An outdoor fireplace provides a focal point for cooler evenings, while a separate conversation area with a fire pit offers another gathering space.

The property also includes a swim spa, allowing owners to enjoy water-based recreation without relying exclusively on the lake.

From the residence, the grounds extend toward the shoreline, where the property provides private lake access.

The listing does not specify a private dock, boat slip or existing marina facilities. Buyers interested in boating infrastructure should independently verify shoreline conditions, water-access rights and any applicable permitting requirements.

The combination of the covered patio, fire features, swim spa and extensive shoreline creates an outdoor environment centered on the lake rather than a conventional landscaped backyard.

Fifty Acres With Room for a Family Compound

Beyond its existing residence, Villa Point Lago offers a substantial amount of undeveloped land.

The approximately 50-acre parcel is described as suitable for use as a private gentleman’s ranch, with enough space to preserve a rural atmosphere while maintaining direct access to Lake Travis.

The listing also states that the property can be subdivided to create three additional homesites of more than 10 acres each.

That possibility is particularly consequential for buyers considering a multigenerational family compound. Rather than concentrating several households within one large residence, the land could potentially accommodate separate homes with considerable space between them.

Underground utilities are reportedly already in place to support the proposed additional homesites.

However, the ability to subdivide should not be treated as an unconditional entitlement. Prospective buyers should verify the property’s recorded subdivision status, legal access, utility capacity, platting requirements, deed restrictions and applicable county or other regulatory approvals.

The existence of underground utilities does not by itself establish that three additional residences can be constructed without further review.

Subject to those considerations, the land offers an unusual degree of flexibility: it can remain a single private retreat or potentially evolve into a larger residential compound.

A Gated Retreat Designed for Privacy

Villa Point Lago’s privacy begins at its entrance.

Two automatic sliding gates and custom limestone-block fencing establish a controlled approach to the property. A fenced homestead area provides an additional layer of separation around the residence, particularly useful for households with children or pets.

The grounds also include a multi-car garage with storage for vehicles and recreational equipment.

Given the property’s location on Lake Travis, that storage could be useful for boating equipment, outdoor gear and other recreational belongings, although the listing does not provide an exact garage capacity.

Several practical systems have been incorporated into the residence.

A Generac generator provides backup power, while a rainwater storage tank supports irrigation. A whole-home water shutoff system offers additional protection against leaks when the owners are traveling or the house is unoccupied.

These features may be less visually dramatic than the lake views, but they are important in a property that could be used as a second home.

The combination of gated access, backup power and remote water shutoff reflects an emphasis on maintaining the estate during periods when its owners may be away.

The Appeal of Lake Travis and the Western Austin Hill Country

Lake Travis has long been one of Central Texas’s most recognizable destinations for waterfront recreation and luxury residential living.

Formed along the Colorado River, the reservoir is surrounded by rugged limestone hills and communities that range from established lake neighborhoods to large private acreage properties.

Spicewood occupies part of this broader western Austin landscape, offering access to the lake while retaining a more rural character than many neighborhoods closer to the city.

Villa Point Lago’s main-body waterfront location is an important distinction. It places the residence along a substantial stretch of open water rather than on a small inland pond or a narrow residential canal.

The property’s advertised deep-water shoreline is also a relevant feature, although prospective buyers should review current and historical lake levels, shoreline conditions and practical access at different water elevations.

Lake Travis is a managed reservoir, and the amount of exposed shoreline or usable water frontage can change significantly with water conditions.

For buyers seeking a lakefront property that combines privacy, acreage and proximity to Austin, Villa Point Lago offers a different proposition from the more densely developed waterfront neighborhoods elsewhere around the reservoir.

Readers can explore the complete photography, current availability and additional property details through the Zillow listing here.

A $12,000,000 Asking Price After an Earlier $4,999,999 Listing

Villa Point Lago returned to the market on October 7, 2026, with an asking price of $12,000,000.

The supplied listing history shows that the property was previously offered for $4,999,999 in July 2020, before that listing was removed in January 2021.

The new asking price is $7,000,001 higher than the 2020 listing, an increase of approximately 140% between the two advertised prices.

That comparison requires important context.

The current residence was built in 2022, meaning the earlier listing predates the construction of the house now being marketed. The 2020 and 2026 offerings therefore should not be treated as equivalent completed residential properties.

The supplied information does not identify a completed sale between those dates or establish the total cost of construction and site improvements.

Consequently, the difference between the earlier and current asking prices cannot reliably be described as appreciation.

At $12,000,000, the current price equates to approximately $2,973 per square foot based on the reported 4,037 square feet of living area.

That figure is unusually sensitive to the property’s composition. Much of the offering’s potential value lies outside the house itself, including the approximately 50 acres, extensive shoreline, private peninsula setting and possible future homesites.

On a simple land-area basis, the asking price represents approximately $240,000 per acre, although that calculation includes the residence and all other improvements and should not be interpreted as a standalone valuation of undeveloped land.

The property is best understood as a combined luxury residence and significant waterfront landholding rather than as a conventional home priced primarily according to interior square footage.

A Lake House With a Larger Possibility

The listing presents Villa Point Lago as both a private lake house and a gentleman’s ranch, a combination that captures the property’s dual identity.

The existing residence provides a contemporary, architecturally refined retreat with expansive glass, a chef’s kitchen and outdoor living spaces overlooking Lake Travis.

The surrounding acreage creates a different kind of opportunity.

An owner could preserve the land as a single private sanctuary, using the shoreline, hills and open space as a buffer from surrounding development. Alternatively, subject to approvals, the property could support additional residences for family members or future owners.

That flexibility is the central distinction of Villa Point Lago.

At $12,000,000, the offering is not simply a three-bedroom house with an exceptional view. It is a substantial waterfront peninsula with a newly constructed residence and the potential to accommodate a much broader residential vision.

Property Overview

Villa Point Lago, at 2031 County Road 410 in Spicewood, Texas, is offered for $12,000,000. Built in 2022, the Santa Barbara-inspired residence encompasses approximately 4,037 square feet with three bedrooms and four bathrooms on approximately 50 acres.

The property features panoramic views of Lake Travis, the Colorado River and surrounding Texas Hill Country. Its shoreline extends approximately 2,300 linear feet along the water, according to the listing.

Interior amenities include open-concept living spaces, floor-to-ceiling glass, a chef’s kitchen with premium appliances and custom millwork, and a dedicated office with potential for conversion to additional guest accommodations.

Outdoor features include a covered patio, outdoor fireplace, conversation fire pit, swim spa and private shoreline access.

Additional improvements include two automatic sliding entrance gates, limestone-block fencing, a fenced homestead, multi-car garage, Generac backup generator, irrigation rainwater storage and a whole-home water shutoff system.

The listing identifies potential subdivision into three additional homesites of more than 10 acres each, with underground utilities reportedly installed. All subdivision and development possibilities should be independently verified.

Listing Representation

Villa Point Lago is represented by Mark Moore of Gottesman Residential Real Estate.

Mark Moore Gottesman Residential Real Estate 512-451-2422

Brokerage: Gottesman Residential R.E. 512-451-2422