This home is no longer an active listing on the MLS. It may have sold, been withdrawn, or had its listing expire — we don’t have confirmed sold data, so we won’t guess. The price below is the last listed price, kept for reference only.
701 Echelon PL, Lakeway TX 78738
MLS #242912841 · Compass RE Texas, LLC · Oscar Draguicevich
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.
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
Location
View Street ViewLoading map…
Schools
Assigned schools per the MLS.
- School district
- Lake Travis ISD
- Elementary
- Rough Hollow
- Middle
- Lake Travis
- High
- Lake Travis
Market insights
Compared with 443 active homes in ZIP 78738 · HomeLocating listings
At $1,699,995, this home is priced 71% above the $995,000 median across 443 active homes in ZIP 78738, including other homes in Rough Hollow.
Estimated monthly payment
Home price
$1,699,995
Down payment
20% ($339,999)
Loan details
30-yr fixed, 6.50%
Free & no obligation — we'll connect you with a trusted lender.
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.
Interested in this home?
Ask a question or schedule a tour — we’ll follow up within 24 hours.
Listing courtesy of Compass RE Texas, LLC · Oscar Draguicevich
Listing data last updated Aug 12, 2026, 5:46 PM
Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided 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. © 2026 HomeLocating.com.