10500 Milky Way, Austin, TX, 78730 - MLS# 2381013

$2,950,000

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Beds 5
Baths 6
Sqft 6,261
Acres 1.12
Property Type Home
Heating Central, Forced Air, Fireplace(s), Natural Gas
Parking Attached, Garage, Guest, Garage Faces Side
Year Built 2005
Stories 2
Cooling Central Air, Ceiling Fan(s), Electric
Days on Market 107
Garages 3.00

About 10500 Milky Way

Set on a beautifully landscaped 1.12-acre homesite in one of Austin’s premier luxury communities, this custom estate offers the rare combination of timeless design, functional living, and resort-style outdoor spaces. From the moment you arrive, the home’s commanding presence and mature landscaping create a sense of privacy and elegance that continues throughout all 6,261 square feet. Designed with both everyday comfort and entertaining in mind, the floor plan lives beautifully with 5 spacious en suite bedrooms, including 3 on the main level and 2 upstairs. The heart of the home is the stunning great room, where soaring spaces and a dramatic stone fireplace create a warm yet sophisticated gathering place. Multiple living and entertaining areas provide incredible flexibility, including formal and casual dining spaces, a private office, downstairs billiards/game room, and an upstairs game room with dedicated media room. The gourmet kitchen opens seamlessly to the living spaces and is equipped for both casual family dinners and large-scale entertaining. Premium stainless appliances include a 48” Wolf range, three ovens, warming drawer, built-in refrigerator, microwave oven, and two beverage refrigerators. An oversized utility room with abundant storage, sink, and additional refrigerator space adds everyday convenience rarely found in luxury homes. Step outside and the property transforms into a true private retreat. Expansive covered patios are designed for year-round enjoyment with a built-in grill, sink, and outdoor television overlooking the resort-style pool and spa. A fire pit and multiple entertaining areas create the perfect setting for everything from quiet evenings under the stars to unforgettable gatherings with family and friends. This is Austin Hill Country living at its finest, yet only 14 miles to downtown Austin.

Location

Legal Description LOT 4 BLK B PRESERVE AT RIVER PLACE SEC 2THE
Address 10500 Milky Way
County Travis
City Austin
Zip Code 78730
Subdivision Preserve At River Place Sec 02
School District Leander ISD
MLS Area RN

Size and Restrictions

Acres 1.12
Lot Description Sprinklers In Rear, Sprinklers In Front, Landscaped, Many Trees, Sprinklers Automatic, Sprinklers In Ground, Sprinklers On Side
Horses Allowed No
$/Acre $2,633,929

Improvements

Parking Attached, Garage, Guest, Garage Faces Side
Garage Spaces 3.00
Fence Masonry, Stone, Wrought Iron
Exterior Features Gas Grill, Outdoor Grill, Rain Gutters, Fire Pit

Features

View None
Water Access None

Utilities

Water Public
Utilities Electricity Connected, Natural Gas Available, Water Connected, Underground Utilities

Amenities

Area Amenities Common Grounds/Area, Fishing, Golf, Playground, Park, Sport Court(s), Tennis Court(s), Trails/Paths, Curbs

Beds and Baths

Bedrooms 5
Main Level Beds 3
Bathrooms 5 full / 1 half
Primary on Main Yes

Other Rooms

Kitchen Appliances Built-In Electric Oven, Built-In Gas Range, Bar Fridge, Built-In Oven, Built-In Refrigerator, Convection Oven, Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Stainless Steel Appliance(s), Wine Refrigerator
Laundry Facilities Main Level, Laundry Room, Washer Hookup, Gas Dryer Hookup

Heating and Cooling

Heating Central, Forced Air, Fireplace(s), Natural Gas
Air Conditioning Central Air, Ceiling Fan(s), Electric
Fireplaces Gas, Great Room, Masonry, Outside, Raised Hearth

Interior Features

Flooring Carpet, Tile, Wood
Features Beamed Ceilings, Built-in Features, Open Beams/Beamed Ceailings, Tray Ceiling(s), Ceiling Fan(s), Chandelier, Cathedral Ceiling(s), Separate/Formal Dining Room, Granite Counters, In-Law Floorplan, Interior Steps, Kitchen Island, Multiple Living Areas, Multiple Dining Areas, Main Level Primary, Multiple Closets, Open Floorplan, Pantry, Recessed Lighting, Study, Vaulted Ceiling(s)
Disability None

Building Information

Square Feet 6,261
Year Built 2005
# of Stories 2
Building Faces South
Construction Stone Veneer, Stucco
Foundation Slab
Roof Metal

Property Features

Exterior Features Gas Grill, Outdoor Grill, Rain Gutters, Fire Pit

Garage and Parking

Garage Garage Door Opener
Parking Attached, Garage, Guest, Garage Faces Side

Financial

$/Sq Ft $471
$/Acre $2,633,929
Special Conditions CityRestrictions,DeedRestrictions,RestrictiveCovenant
Documents Available None
Disclosures Seller Disclosure

Property Taxes

Appraisal District Travis
Estimated Taxes $41,366
Tax ID 01503002080000
Tax Year 2025

Homeowner Association

Has HOA Yes
HOA Name River Place Residential Community Association
HOA Fee $462 - Annually

Listing Details

OfficeKeller Williams - Lake Travis
Contact Info(512) 913-8940

Listing Map

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