
706 Crestone Stream DR, Austin, TX 78738
MLS #248635396 · Moreland Properties · Katherine Wright
About this home
A stunning custom-built residence in Lakeway offering 4 bedrooms, 4.5 baths, a dedicated office, game room and private theater. Designed for both sophisticated entertaining and comfortable everyday living, the wide-open floor plan is filled with abundant natural light and elevated by designer selections and thoughtful details throughout. At the heart of the home, the chef’s kitchen makes a statement with an impressive 14-foot waterfall island, 40-inch Italian ILVE gas range, reverse-osmosis water system and custom glass-front china cabinet with drawers. A stylish bar tucked beneath the staircase creates an additional gathering space, while abundant storage has been seamlessly incorporated throughout the home. The primary suite is a private retreat featuring a spa-inspired bath with a dramatic natural stone wall, connected fitness room and private sauna. Upstairs, the spacious game room opens to a balcony showcasing sweeping Lakeway views, while each secondary bedroom enjoys the privacy and convenience of its own ensuite bath. A dedicated office and private theater provide exceptional spaces for working from home and relaxing. Outdoor living is designed for year-round enjoyment with a fully equipped outdoor kitchen featuring a grill and sink, dual ceiling fans and generous space for dining and entertaining. Additional amenities include a three-car garage, whole-home water softener, remote window shades, surround sound, and extensive entertainment wiring indoors and out. 706 Crestone Stream Dr. brings together custom design, exceptional entertaining spaces and everyday functionality in a beautifully appointed Lakeway home built for modern luxury living.
Property details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 2022
- Full baths
- 4
- Half baths
- 1
- Lot size
- 0.2422
- Subdivision
- Serene Hills Sub Ph 2E
- MLS area
- LS
- MLS #
- 248635396
Features
Interior features
- Breakfast Bar
- Built-in Features
- Ceiling Fan(s)
- High Ceilings
- Double Vanity
- Entrance Foyer
- In-Law Floorplan
- Interior Steps
- Kitchen Island
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Sauna
- Smart Thermostat
- Soaking Tub
- Walk-In Closet(s)
- Wet Bar
Exterior features
- Balcony
- Outdoor Grill
- Private Yard
Additional details
- Parking
- Attached, Driveway, Garage, Oversized, Parking Pad
- Garage spaces
- 3
- Roof
- Metal
- Foundation
- Slab
- HOA
- $280 / quarterly
- Annual tax
- $31,425
Location
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Schools
Assigned schools per the MLS.
- School district
- Lake Travis ISD
- Elementary
- Serene Hills
- Middle
- Lake Travis
- High
- Lake Travis
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Getting around
- Downtown Austin
- 16.1 mi
- Austin-Bergstrom Airport
- 22.1 mi
Straight-line distance, not drive time.
Market insights
Compared with 482 active homes in ZIP 78738 · HomeLocating listings
At $1,360,000, this home is priced 39% above the $977,000 median across 482 active homes in ZIP 78738, including other homes in Serene Hills.
Estimated monthly payment
Home price
$1,360,000
Down payment
20% ($272,000)
Loan details
30-yr fixed, 6.50%
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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.
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Listing courtesy of Moreland Properties · Katherine Wright
Listing data last updated Oct 23, 2026, 5:46 PM
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