West Lake Hills is one of the most sought-after neighborhoods in Austin due to its proximity to Downtown Austin, scenic views, and it’s exemplary school district. Driving through what Austenite’s refer to simply as Westlake, one passes beautiful, tree-lined neighborhoods with gorgeous, classy homes ranging from the 500k to around 20 million. In most areas of Westlake, residents are treated to either views of the Austin skyline or the Texas hill country, depending on which way you’re looking. Part of the community also sits on Lake Austin where there are marinas and homes with views of the lake available.
The Westlake waterfront market has been very strong over the last 14 months. One of the most concentrated areas of sales has been luxury waterfront homes and lots on Westlake Drive. Over the past 14 months Joe Longton, HomeCity's co-top producer, and member of the Elite 25 of Austin, has sold 6 waterfront properties on Westlake Drive within the Bridgepoint Elementary area. It seems that Bridgepoint Elementary is a huge drawing card for buyers in Westlake. "The desire to be in the Bridgepoint Elementary School has a profound impact where high end Westlake buyers choose to live. Bridgepoint is definitely a highly preferred elementary school,” says Joe.
According to Joe, Lake Austin waterfronts on Westlake Drive have now risen in price a minimum of $500,000 to $1,000,000. "Lake Austin waterfronts on Westlake Drive are the hottest ticket in Austin. You cannot find a Lake Austin waterfront on Westlake Drive for less than $3,200,000 today. My most recent sale was in May for $3.8 million dollars. That waterfront lot came with a 4,600 square foot home that the buyer is going to tear down and build a new home in it's place."
Currently, Joe Longton, through HomeCity Real Estate, has 3701 Westlake Drive listed for sale for $3,450,000.
(Front view of 3701 Westlake Drive)
(Stunning kitchen inside the home)
(Huge backyard behind 3701 Westlake Dr.)
This is a 9,000+ sq. ft. home with 110 feet of Lake Austin frontage that sits right in the heart of the Bridgepoint Elementary neighborhood. This estate property was built in 1974 and is due for a major remodel. With or without the home, the building site is worth $3,450,000. If someone chose to remodel, this would make a fantastic project that could easily become one of the most beautiful homes on Lake Austin.
Joe also has many other listings in the area, including 3509 Westlake Drive, which is a beautiful 105-foot waterfront lot on the market for $3,200,000. If you’d like more information on purchasing one of these gorgeous properties, you may contact Joe Longton at [email protected], or contact our customer service department at 1.877.284.2489.