5420 Petticoat Lane, Austin, TX 78746

$12,950,000
7
BD
7
BA
8,740
SqFt
List Price
$12,950,000
Status
ACTIVE
MLS#
3951558
Price Change
▼ $1,000,000 1680288521
Days on Market
151
Bedrooms
7
Bathrooms
7
Living Area
8,740
Area
Austin - West/Westlake

Property Description

One-of-a-kind estate property on over 10 acres nestled up against Wild Basin Wilderness Preserve to the back and overlooking breathtaking Austin skyline views. This vast two-lot parcel is a rare opportunity to own substantial acreage within eight miles of downtown; the size and location of the property offers extraordinary privacy while also allowing for far-reaching panoramas. Two recently remodeled existing homes offer move-in ready options. This property also affords the potential to build the ultimate showplace home. While you will be surrounded by woods and wildlife at home, Austin Country Club is a quick five miles to the north, and shopping and dining in Westlake is six miles south. Exceptional Eanes schools are nearby, as are several prestigious private institutions. The larger home is a sumptuous entertaining showplace with elegantly proportioned rooms flowing in to one another and out to the covered terrace, pool and lawn beyond. Features an oversized bar between the sunken living and family room. A luxuriously sized primary suite enjoys city and hillside scenery, a spa-like bath and two walk-in closets plus an adjacent study. Two additional bedrooms and a mirrored fitness/dance room offer plenty of space. The second home is a charming mid-century cottage with a bedroom and study/flex space; a separate pool house with bath can serve as an ultra-private primary suite. A screened porch and large deck expand the living space outside. Set on a grassy terrace, the pool hangs over the hillside, and you will find yourself spending hours floating at the edge, enjoying the view. The incredible property is a once-in-a-lifetime opportunity to live a Hill Country lifestyle while enjoying the pleasures of one of the most exciting cities in the country. *Taxes are estimates based on 2021 rate and 2022 assessed value. All tax figures should be independently verified. 24HR Advance Showing Notice.

Additional Information

Taxes
$186,295
Tax Year
2022
Year Built
1984
Garage Spaces
3
Exterior Features
Private Yard, Rain Gutters, SeeRemarks
Interior Features
Wet Bar, Breakfast Bar, Built-in Features, Cathedral Ceiling(s), SeparateFormalDiningRoom, Granite Counters, High Ceilings, InteriorSteps, MultipleLivingAreas, MultipleDiningAreas, Bar, Walk-In Closet(s)
Appliances
Bar Fridge, Built-In Refrigerator, Cooktop, Double Oven, Dishwasher, Exhaust Fan, Electric Oven, Electric Water Heater, Gas Cooktop, Disposal, Ice Maker, Microwave, Stainless Steel Appliance(s), Trash Compactor
Construction
Frame, Masonry
Num Fireplaces
2
Region
Austin - West/Westlake
View
City, Hill Country, Panoramic, Greenbelt
School District
Eanes ISD
Elementary School
Bridge Point
High School
Westlake
Middle School
Hill Country
Sewer
Septic Tank
Street Name
Petticoat Lane
Street Number
5420
Neighborhood
Simmons John E
Acres
10.65
County
Travis
Floor
Carpet, Marble, Wood
Heating
Central, Electric, Fireplace(s)
Lot Description
BackstoGreenbeltPark, Private, Many Trees, SprinklersAutomatic, TreesLargeSize, TreesMediumSize
Pool
Yes

Mortgage Calculator

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Listing courtesy of Moreland Properties. Contact: (512) 480-0848

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