A magical waterside retreat on Lake Austin; this special home is sited dramatically above the water on a .87-acre parcel with lush hillside views of Mount Bonnell & Covert Park. You'll find a reason to spend as much time as possible on the veranda gazing out at the vista – from quiet morning coffee to margaritas with friends at sunset. Tucked in a secluded enclave off Westlake Drive, you'll feel miles from the bustle of the city in your woodland nest. This remarkable property offers both spectacular elevated vistas & an exceptional waterside living space. A native-stone staircase winds its way down the hillside. Stop halfway down at a cozy firepit nook & enjoy the ambiance of an evening fire while looking out over the water below. A few more steps & you'll be at your own private lakeside resort. Designed for memorable family evenings & remarkable entertaining, the compound offers a fully outfitted, covered kitchen with a gracious stone top bar where you can cook or cater a meal to be enjoyed on the large deck above. A nearby stone patio offers more space to relax & lounge with an evening cocktail at the cozy fire table. A stone boathouse offers shelter to a boat plus two jet skis, keeping them easily accessible for a spin around the lake after dinner. The charming home is designed to take advantage of the stunning views w/large windows opening to outdoor living spaces on both levels. Recent upgrades are evidenced throughout including elegant, white oak wood floors plus quartz & stainless in the modern kitchen. The spacious living room features a fireplace to take the chill off cool evenings. A main-floor primary suite is also graced w/views & enjoys a sleek, spacious bath & walk-in closet. Downstairs, a family room is flanked by 2 additional bedrooms & bathrooms; this level opens to a stone patio & offers independent access to the house if desired. Whether used as a cozy getaway or as the starting point for a dream home, this property is a one-of-a-kind opportunity.