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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.
| LAST UPDATED | 12/17/2025 | TRACT | ISLAND AT MT BONNELL SHORES |
|---|---|---|---|
| YEAR BUILT | 1998 | COMMUNITY | ISLAND AT MT BONNELL SHORES |
| GARAGE SPACES | 3.0 | COUNTY | Travis |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Highland Park |
|---|---|
| Jr. High School | Lamar (Austin ISD) |
| High School | McCallum |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Double Oven, Freezer, Microwave, Oven, Refrigerator, Wine Refrigerator |
| AREA | 1B |
| CONSTRUCTION | Stone, Stone Veneer, Stucco |
| EXTERIOR | Boat Slip, Dock |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Central |
| HOA DUES | 3000|Annually |
| INTERIOR | Beamed Ceilings, Bidet, Bookcases, Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Chandelier, Double Vanity, Entrance Foyer, Granite Counters, Kitchen Island, Master Downstairs, Natural Woodwork, Pantry, Soaking Tub, Walk-In Closet(s), Wet Bar |
| LOT | 0.5258 acre(s) |
| LOT DESCRIPTION | Back Yard, Level, Waterfront |
| PARKING | Attached, Garage, Gated |
| POOL | Yes |
| POOL DESCRIPTION | Heated, In Ground, Pool/Spa Combo, Private |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | ISLAND AT MT BONNELL SHORES |
| TAXES | 106695.52 |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Lake, River |
| WATER | Public |
| WATER ACCESS | Lake Austin |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Lake Front |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Property listed by Eric Moreland, Moreland Properties
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 12/17/25 5:44 PM PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2025.