4511 Island CV, Austin TX 78731

Residential Active Under Contract
  • $4,990,000
40
4511 Island CV, Austin TX 78731
35 More
Residential Active Under Contract

4511 Island CV, Austin TX 78731

  • $4,990,000

Overview

  • Single Family Residence
  • Property Type
  • 5
  • Bedrooms
  • 5.5
  • Bathrooms
  • 7760
  • Sq Ft
  • 1998
  • Year Built
  • 0.5258
  • Lot Sq Ft

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.

Interior Features

Living Area
7760
Price per Sqft
643.04
Levels
Two
Living Room
4
Flooring
Carpet, Stone, Wood
# Other Level Beds
4
Dining Rooms
1
Main Level Bedrooms
1
Bedrooms
5
Full Bathrooms
5
Half Bathrooms
1
Total Bathrooms
5.5
Fireplace
2
Fireplace Description
Family Room, Primary Bedroom
Laundry Location
Laundry Room, Main Level
Cooling
Yes
Cooling Description
Ceiling Fan(s), Central Air
Heating
Yes
Heating Description
Central
Patio And Porch Features
Covered, Deck, Patio, Terrace
Window Features
Window Treatments
Interior Features
Bidet, Bookcases, Breakfast Bar, Built-in Features, Ceiling Fan(s), Beamed Ceilings, Cathedral Ceiling(s), High Ceilings, Chandelier, Granite Counters, Double Vanity, Entrance Foyer, French Doors, Kitchen Island, Multiple Living Areas, Natural Woodwork, Pantry, Primary Bedroom on Main, Soaking Tub, Walk-In Closet(s), Wet Bar
Appliances
Built-In Oven(s), Dishwasher, Disposal, Freezer, Microwave, Double Oven, Refrigerator, Wine Refrigerator

Utilities

Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Exterior Features

Roof
Tile
Waterfront
Yes
Waterfront Features
Lake Front
Property Condition
Resale
Foundation Details
Slab
View
No
Fencing
Fenced, Wrought Iron
Water Source
Public
Other Structures
Pergola
Spa
Yes
Spa Features
In Ground
Parking Features
Attached, Garage, Gated
Pool
Yes
Pool Features
Heated, In Ground, Pool/Spa Combo
Lot Size
0.53 Acres
Sewer
Public Sewer
Exterior Features
Boat Dock - Private, Boat Slip

School Information

Elementary School
Highland Park
Middle School
Lamar (Austin ISD)
High School
McCallum

Other Property Details

MLSⓇ ID
5733678
MLS Board
Unlock MLS
Direction Faces
SW
Community Features
Gated, See Remarks
Accessibility Features
None
Lot Features
Back Yard, Level
FEMA Flood Plain
Yes-500 yr

TAX Details*

Annual Tax Amount
$106,695.52
Estimated Taxes
$106,695.52

HOA Details

HOA Name
Island at Mount Bonnell Shores
HOA Fees
$3,000.00
HOA Fee Frequency
Annually

Listing Details

Data Source
Unlock MLS
List Agent MLS ID
449345
List Agent Name
Eric Moreland
Listing Broker
Moreland Properties
Off Market Date
2026-04-24
Contractual Search Date / Listed
2026-04-24

Other Details

Pets Allowed
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