701 Echelon PL — photo 1
Price CutEstimated by HomeLocating
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$1,699,995

701 Echelon PL, Lakeway TX 78738

5 bd·4 ba·4,330 sqft·$393/sqft

MLS #242912841 · Compass RE Texas, LLC · Oscar Draguicevich

Market insights

Compared with 295 active homes in ZIP 78738 · HomeLocating listings

Area median price
$970,000
This home vs. median
75% above
Homes with a price cut
18%

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
2022
Full baths
4
Lot size
0.382
Subdivision
Rough Hollow
MLS area
LS
MLS #
242912841

Features

Interior features

  • Bar
  • Coffered Ceiling(s)
  • High Ceilings
  • Quartz Counters
  • Kitchen Island
  • Multiple Dining Areas
  • Multiple Living Areas
  • Open Floorplan
  • Primary Bedroom on Main
  • Smart Home
  • Walk-In Closet(s)
  • Wet Bar

Exterior features

  • Balcony
  • Barbecue
  • Lighting
  • Pest Tubes in Walls
  • Private Yard

Additional details

Parking
None
Garage spaces
3
Roof
Composition, Shingle
Foundation
Slab
HOA
$208 / monthly

Schools

Assigned schools per the MLS.

School district
Lake Travis ISD
Elementary
Rough Hollow
Middle
Lake Travis
High
Lake Travis

About this home

Welcome to a fully realized luxury estate. Completed in April 2023 with over $600K in custom improvements, this home is a highly differentiated offering. On a premium corner lot backing to protected greenspace with canal access to Lake Travis, it delivers privacy and execution rarely achieved. Recreating this today would exceed $2M and require 12-24 months of construction. Interior Design & Experience: An elevated custom rock garden with an illuminated address marker sets the tone. Inside, the home reflects a fully integrated design vision. The living space is anchored by a 23-foot tiled fireplace with a custom mantle, floating shelving, and an indoor water feature. Entertain effortlessly at the custom wet bar featuring wine refrigeration and dimmable LEDs, illuminated by blown glass statement lighting. Supporting spaces include a dedicated media room, executive office, and custom closet systems. Resort-Level Outdoor Living: This is not a standard backyard upgrade; it is a meticulously engineered outdoor environment. A 45,000-gallon pool anchors the space with a 12-foot waterfall, 12-person raised spa, linear fire features, dual fire bowls, tanning ledge, and swim-up bar. A sunken pergola creates a seamless connection between guests and swimmers. Over $100,000 in landscape enhancements—including premium turf, welded steel planters, and 30+ trees—ensure total privacy. Technology & Engineering: Engineered for long-term performance, the property features a full-site drainage system and custom retaining walls to maximize usable space. Modern conveniences include motorized shades, a Tesla charger, Nest climate control, a solar Ring system, and a whole-home water softener. Community & Lifestyle: Zoned to Lake Travis ISD, enjoy Rough Hollow’s private yacht club, marina, fitness center, and resort pools. This is the finished result.

Location

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Listing courtesy of Compass RE Texas, LLC · Oscar Draguicevich

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

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