4511 Island

Austin, TX 78731 · Travis County

$5,250,000Price
5Beds
4511 Island
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▶ Virtual Tour

Description

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.

Contact Agent

C
Col Realty
Col Realty
(512) 699-3810

Property Details

StatusActive
MLS #ACT214045911
Taxes$106,696 (2025) / year
HOA Fees$3000 / Annually
TypeResidential
Year Built1998
Lot Size0.53 AC / 22,903 SF
CountyTravis
SubdivisionISLAND AT MT BONNELL SHORES
Garage Spaces3

Property Information

Interior

BidetBookcasesBreakfast BarBuilt-in FeaturesCeiling Fan(s)Beamed CeilingsCathedral Ceiling(s)Ceiling-HighChandelierGranite CountersDouble VanityEntrance FoyerKitchen IslandMultiple Living AreasNatural WoodworkPantryPrimary Bedroom on MainSoaking TubTwo Primary ClosetsWalk-In Closet(s)Wet Bar

Exterior

Boat Dock - PrivateBoat Slip

Appliances

Built-In Oven(s)DishwasherDisposalFreezerMicrowaveDouble OvenRefrigeratorWine Refrigerator

Community

GatedSee Remarks

Parking

AttachedGarageGated

Utilities & Construction

Heat: CentralAC: Ceiling Fan(s), Central AirCarpet, Stone, WoodRoof: TileFoundation: Slab
🏊 Pool 🌊 Waterfront

Directions: Take Mt. Bonnell Road to Island Cove's gated entrance.

Location

Property History

DateEventPrice
Feb 15, 2026 Listed (Active) · MLS# ACT214045911 $5,250,000
Original List Price $5,950,000

Full transaction history may not be available. Data sourced from ACTRIS MLS.

Public Records

Tax Record 2025$106,696
Year Built1998
Beds5
Lot Size22,903 Sq. Ft.
StyleResidential
CountyTRAVIS
MLS #ACT214045911

Schools

E
Highland Park
Public · Elementary · Serves this home
M
Lamar (Austin ISD)
Public · Middle School · Serves this home
H
McCallum
Public · High School · Serves this home

Please verify enrollment eligibility directly with schools.

$5,250,000
4511 Island, Austin, TX

By submitting, you agree to be contacted by Col Realty.

Payment Estimate

Estimated monthly payment
Principal & Interest
Property Taxes
HOA Dues$3000/mo

For illustrative purposes only. Contact a lender for accurate figures.