For Sale House MLS# ACT2381013

10500 Milky Way

Austin, TX 78730

$2,950,000

Take the tour

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.

Property details

Property

Type
Single Family Residence
MLS type
Residential
Status
Active
Year built
2005
Stories
Two
Living area
6,261 sqft
Price / sqft
$471
Lot
1.12 AC / 48,787 SF
Full baths
5
Half baths
1
Original price
$2,950,000
MLS #
2381013

Interior

Features
Bar, Built-in Features, Ceiling Fan(s), Beamed Ceilings, Cathedral Ceiling(s), Tray Ceiling(s), Ceiling-Vaulted, Chandelier, Granite Counters, In-Law Floorplan, Interior Steps, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Study/Home Office, Two Primary Closets, Walk-In Closet(s), Wired for Sound
Appliances
Bar Fridge, Built-In Electric Oven, Built-In Gas Range, Built-In Oven(s), Built-In Refrigerator, Convection Oven, Cooktop, Dishwasher, Disposal, Microwave, RNGHD, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Water Heater, Wine Refrigerator
Flooring
Carpet, Tile, Wood
Heating
Central, Fireplace(s), Forced Air, Natural Gas
Cooling
Ceiling Fan(s), Central Air, Electric
Fireplaces
3
Laundry
Laundry Room,Main Level
Windows
Drapes, Insulated Windows, Screens, Window Treatments

Exterior & lot

Features
Gas Grill, Gutters Full, Outdoor Grill
Roof
Metal
Foundation
Slab
Lot
Curbs, Landscaped, Sprinkler - Automatic, Sprinklers In Rear, Sprinklers In Front, Sprinklers On Side, Trees-Heavy
Patio & porch
Covered, Front Porch, Patio, Porch, Rear Porch
Fence
Masonry, Stone, Wrought Iron
Pool
Fiberglass, Gunite, In Ground, Outdoor Pool, Pool Sweep, Pool/Spa Combo
Parking
Attached, Garage, Garage Door Opener, Garage Faces Side, Guest
Garage spaces
3

Schools

District
Leander ISD
Elementary
River Place
Middle
Four Points
High
Vandegrift

Utilities

Utilities
Electricity Connected, Natural Gas Available, Underground Utilities, Water Connected
Water
Public
Sewer
Public Sewer
Security
Security System, Security System Owned, Smoke Detector(s)

Financial

HOA
Yes
Annual tax
$41,366
Tax year
2025
Parcel
01503002080000
Legal
LOT 4 BLK B PRESERVE AT RIVER PLACE SEC 2THE
Special conditions
Standard

Location

Subdivision
Preserve At River Place Sec 02
County
Travis
Directions
west on 2222 to River Place BLVD; Turn left at light at River Place BLVD. Milky Way Dr will be the on the left. Turn left onto Milky Way Dr. House is 4th on the left.

Location

Neighborhood
Preserve At River Place Sec 02

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Listed by Amy Brossette, Keller Williams - Lake Travis

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.