10500 Milky WAY — photo 1
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$2,950,000

10500 Milky WAY, Austin TX 78730

5 bd·5.5 ba·6,261 sqft·$471/sqft

MLS #242855480 · Keller Williams - Lake Travis · Amy Brossette

Market insights

Compared with 72 active homes in ZIP 78730 · HomeLocating listings

Area median price
$1,010,000
This home vs. median
192% above
Homes with a price cut
19%

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
2005
Full baths
5
Half baths
1
Lot size
1.12
Subdivision
Preserve At River Place Sec 02
MLS area
RN
MLS #
242855480

Features

Interior features

  • Bar
  • Built-in Features
  • Ceiling Fan(s)
  • Beamed Ceilings
  • Cathedral Ceiling(s)
  • Tray Ceiling(s)
  • Vaulted Ceiling(s)
  • Chandelier
  • Granite Counters
  • Gas Dryer Hookup
  • 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
  • Walk-In Closet(s)
  • Washer Hookup
  • Wired for Sound

Exterior features

  • Gas Grill
  • Gutters Full
  • Outdoor Grill

Additional details

Parking
Attached, Garage, Garage Door Opener, Garage Faces Side, Guest
Garage spaces
3
Roof
Metal
Foundation
Slab
HOA
$462 / annually
Annual tax
$41,366

Schools

Assigned schools per the MLS.

School district
Leander ISD
Elementary
River Place
Middle
Four Points
High
Vandegrift

About this home

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

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Listing courtesy of Keller Williams - Lake Travis · Amy Brossette

Listing data last updated Aug 1, 2026, 11:46 AM

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