7400 Coldwater Canyon Drive , Austin, TX 78730(Travis County)

This 65.68 acres property, located on the shores of beautiful Lake Austin, is one of the last available large parcels of land on this pristine lake. Featuring over 2700 ft. of lake frontage. and Coldwater Creek frontage, the property is considered to be of the very highest quality waterfront property in the Austin market. The property features gently sloping terrain covered in juniper, pecan, cypress and oaks trees with diverse plant and wildlife. The home site rests on a cliff overlooking Lake Austin with stunning views of the surrounding canyons, downtown Austin, and the famed 360 Bridge offering an ideal location for a home that could be well over 25,000 sq. ft. Scenic trails from the home site lead to the banks of the lake and your private marina with eight covered boat slips, a 1,000 sq. ft. guest lake house (2BR/1Bath) with full amenities which can be expanded upon, and a 300 seat outdoor theater modeled after Shakespeares Globe Theater. This property also includes a large carriage house with air-conditioned storage, a caretakers office and covered parking areas. Only 15 minutes from downtown Austin, the property is located near top schools, convenient stores and award winning restaurants just a short drive away. You can rest assured that while building the homestead of your dreams, your view of these pristine natural surroundings will remain protected as the property is located between several tracts of the more than 30,000 acres of the beautiful Balcones Canyonlands Preserve.

Other elements for consideration:

- 7400 CWC Drive Tax for YE2016 was $26.5k

- The low tax amount is because there is a conservation easement in place on the property which has been in place since the end of 2011 which you can read more about it see below

- This easement stipulates that this property needs to remain for single family residential use, and the 65.68 acres tract can never be subdivided or partitioned.