An Estate Defined by Expansive Waterfront and Protected Land

BELLAGIO FALLS ON LAKE AUSTIN

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FOR SALE
$20,000,000
Texas Ranch Meets Santa Barbara Contemporary•Preserve-Backed Estate•Nearly 600 Feet of Waterfront•Protected Shoreline & Open Water•Cascading Waterfalls•Six Expansive Acres•The Rare Balance of Seclusion and Access
6
Bedrooms
6.5
Bathrooms
9,725
Sq Ft
5.94
Lot Size
2018
Year Built
4
Garage Spaces
15016 Flat Top Ranch Rd
Austin, TX 78732

About the Property

Bellagio Falls is a preserve-backed Lake Austin estate where scale, architectural presence, and protected surroundings converge. Spanning over six acres with nearly 600 feet of Lake Austin frontage, the nearly 10,000-square-foot residence, completed in 2018, blends refined Texas ranch sensibility with the elegance of Santa Barbara design. The estate offers six bedrooms and six-and-a-half baths, expansive living areas, inlaid Texas mesquite flooring, and spaces designed for both intimate living and elevated entertaining. The property is surrounded by greenbelt secured through recorded deed restrictions filed with the county, ensuring enduring privacy and preventing future development around the estate. Across the water lies the Balcones Canyonlands Preserve, managed by the City of Austin as federally recognized conservation habitat, which further protects the open shoreline experience. Outdoor amenities include a newly constructed resort-style pool, a two-story boat dock, nearly 600 feet of shoreline, a four-car garage, private orchard, and ample space for potential additions such as a casita or sport court. Mature oaks, a century-old heritage pecan, bald cypress, sycamore, mulberry, and fruit trees anchor the landscape. Lake Austin is constant-level and maintained by the LCRA, providing stable year-round water depth suitable for boating and recreation. Bellagio Falls is an estate defined not only by its residence, but by the permanence of its setting.

Property Videos

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Property video

Property Story

At Bellagio Falls, the setting defines the experience. Morning begins with light unfolding across uninterrupted water, framed by preserved shoreline rather than neighboring rooftops. The waterfalls provide a natural soundscape that softens the air before the lake fully awakens. By mid-day, the property reveals its scale. The home opens toward expansive water views, the pool blends into the landscape, and the shoreline feels broad and unpressured. The greenbelt and preserve allow the estate to feel far larger than its acreage suggests — not confined, but extended. As evening settles, the absence of opposing shoreline development becomes most apparent. Reflections deepen, the air quiets, and the property transitions into a setting that feels more private retreat than lake corridor. At night, the waterfalls continue. The sky expands without light pollution. The estate rests within protected land, defined by stillness. Bellagio Falls is not simply a waterfront residence — it is an environment.

Lifestyle

Life at Bellagio Falls is defined by balance — privacy without isolation, scale without excess, connection without congestion. Waterfront Living With nearly 600 feet of frontage in a less congested stretch of Lake Austin, the estate offers open water immediately beyond the dock. Fewer surrounding docks due to protected land allow for more comfortable enjoyment of boating, jet skis, and water recreation. From the dock, destinations such as County Line BBQ, Ski Shores, Hula Hut, Mozart’s, the Pennybacker Bridge, and Mount Bonnell are accessible by boat, offering social connection while preserving residential calm at home. The protected shoreline and reduced traffic also create favorable fishing conditions, with bass and catfish common in this area. Entertaining & Retreat Indoor and outdoor living flow seamlessly. The resort-style pool, elevated dock, media room, billiards room, and game spaces allow the estate to function equally as a private family compound or an entertainment venue. The land provides flexibility — additional structures such as a casita or sport court can be added without compromising privacy. Long-Term Stewardship The recorded deed-restricted greenbelt and the Balcones Canyonlands Preserve across the lake ensure that the estate’s character remains intact over time. Unlike many waterfront properties where surrounding development alters experience, Bellagio Falls benefits from structural protection of its environment. It is this permanence — of land, water, and view — that distinguishes the estate. Bellagio Falls offers Lake Austin at its most expansive, most private, and most enduring.

Floor Plans

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Floor Plan 2

Property Location

15016 Flat Top Ranch Rd Austin, TX 78732

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Features & Amenities

Interior Features

  • •Crown Molding
  • •Beamed Ceilings
  • •High Ceilings
  • •Vaulted Ceilings
  • •Bar
  • •Built-In Features
  • •Bookcases
  • •Wet Bar
  • •Dry Bar
  • •Breakfast Bar
  • •Two Primary Suites
  • •Central Vacuum
  • •Chandelier
  • •Granite Counters
  • •Double Vanity
  • •Entrance Foyer
  • •High Speed Internet
  • •In-Law Floorplan
  • •Kitchen Island
  • •Multiple Dining Areas
  • •Multiple Living Areas
  • •Natural Woodwork
  • •Open Floorplan
  • •Pantry
  • •Primary Bedroom On Main
  • •Recessed Lighting
  • •Soaking Tub
  • •Sound System
  • •Stackable W/D Connections
  • •Walk-In Closets
  • •Wired For Data
  • •Wired For Sound
  • •Smart Thermostats
  • •Flooring: Carpet, Tile, Slate, Stone, Wood
  • •Window Features: Display Window(S), Garden Window(S), Screens, Aluminum Frames

Appliances

  • •Dishwasher
  • •Built-In Refrigerator
  • •Microwave
  • •Built-In Freezer
  • •Bar Fridge
  • •Ice Maker
  • •Built-In Gas Range
  • •Double Oven
  • •Disposal
  • •Exhaust Fan
  • •Warming Drawer
  • •Tankless Water Heater
  • •Wine Cooler
  • •Warming Drawer
  • •Laundry Features: Closet, Room, Multiple Locations

Heating and Cooling

  • •Cooling Features: Central Air, Zoned, Ceiling Fan(S), Multi Units
  • •Fireplace Features: Fireplace Heating, Living Room, Bedroom, Great Room, Den, Outside, Stone, Gas Starter, Masonry, Fire Pit
  • •Heating Features: Central, Natural Gas
  • •Number Of Fireplaces: 3

Waterfront and Water Access

  • •Water Body Name: Lake Austin
  • •Lake Front
  • •Creek/Stream
  • •Boat Dock

Exterior and Lot Features

  • •Gas Grill
  • •Outdoor Grill
  • •Barbecue
  • •Boat Dock
  • •Garden
  • •Gutters Full
  • •Outdoor Lighting
  • •Private Entrance
  • •Private Yard
  • •Dock
  • •Boat Slip
  • •Fencing: Fenced, Front Yard, Security, Wrought Iron
  • •Other Structures: Boat House
  • •Patio And Porch Features: Deck, Covered, Front Porch, Rear Porch, Side Porch, Wrap Around

Pool and Spa

  • •Pool Features: Heated, In Ground, Infinity, Outdoor Pool, Pool/Spa Combo, Waterfall
  • •Spa Features: Heated, Hot Tub, In Ground

Garage and Parking

  • •Covered Spaces: 4
  • •Garage Spaces: 4
  • •Parking Features: Garage Faces Side, Garage Door Opener, Driveway, Circular Driveway, Electric Gate, Gated
  • •Parking Total: 4

Land Info

  • •Lot Description: Level
  • •Lot Size Acres: 5.94
  • •Lot Size Dimensions: 489 X 578
  • •Lot Size Square Feet: 5.94

Home Features

  • •View: Creek/Stream, Hill Country, Lake, Orchard, Panoramic, River
  • •Security Features: Security System Owned, Carbon Monoxide Detector(S), Fire Sprinkler System, Smoke Detector(S)

Schools

District: Leander ISD
Elementary: Steiner Ranch Elementary School
Middle: Canyon Ridge Middle School
High: Vandegrift High School

Financial Details

Price: $20,000,000
HOA Fee: $192/month
AustinTeton

AustinTeton is a family-owned real estate brokerage and property-management firm. We represent buyers and sellers, and we manage select properties for owners.