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Listings courtesy of Moreland Properties as distributed by MLS GRID.

Active - House for sale

4511 Island Cv, Austin, TX

5 bds|5 bth|7,760 sqft

Facts & features

House Property type
259 days on Beycome
1998 Year built
$767 Price/Sqft.
3 car garage Parking
$3,000/mo HOA
22,904 sqft Lot size

Why you’ll love it

  • Waterfront
  • Stainless steel
  • Gated

Value on Lake Austin. 4511 Island Cove is a remarkable waterfront estate set on over half an acre within The Island, one of Austin’s most coveted gated communities. An exquisite collaboration between Impact Design and Corias Homes, the residence features 5 bedrooms, 5 full bathrooms, and 1 half bath. A tranquil fountain welcomes you upon arrival, setting the tone for the Italian-inspired elegance found throughout the home. Ornate columns, graceful archways, and dramatic chandeliers create a sense of timeless sophistication. As you enter the home’s grand foyer you are welcomed by an esteemed double-height study adorned with rich wood finishes. The warm kitchen showcases wood-beamed ceilings, high-end stainless steel appliances, and a functional layout that opens to the main living area and dining room. Wine storage adds to the home’s entertaining appeal, while ample terraces and covered patios extend the living experience outdoors. The expansive primary suite serves as a private escape, featuring a double-sided fireplace, direct access to the backyard oasis, and a massive, spa-like bathroom. Outdoors, the serene grounds unfold toward the water, offering peaceful covered patios and multiple spaces to relax or entertain. A private hydraulic boat slip provides effortless access to Lake Austin living. Residents enjoy privacy, security, and a premier waterfront lifestyle just moments from downtown Austin. This exceptional property blends timeless architecture, thoughtful craftsmanship, and an unparalleled location to create a truly special retreat on the water. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.

Translating description...

Listed by: Eric Moreland • (512) 480-0844 • Moreland Properties

Co-listed by: Stewart Shank • (512) 905-2777 • Moreland Properties

Source: Unlock MLS as distributed by MLS GRID, MLS#: 5733678 Unlock MLS as distributed by MLS GRID logo

Based on information as of Sep 02, 2026 at 06:46am EDT.

Come see by yourself

Affordability

$3,870,000$8,035,000
1%20%
0%90%
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Estimated monthly payment

$41,978/mo

  • Mortgage$30,086
  • Property tax$8,891
  • HOA fee
  • Homeowners insurance
Due at closing$4,730,250
Down payment held in escrow$1,190,000
Closing costs$89,250
beycome credit Est.$119,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

Discover the neighborhood

Travel times

About Island At Mt Bonnell Shores

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AI-generated overview for informational purposes only.
Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Sep 02, 2026 at 06:46am EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$5,950,000 Listed price

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$119,000 Credit back

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