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$1,579,000

Beds
5
Baths
4.5
sq ft
5,587

5301 Laguna Cliff Ln, Austin, TX 78734

5301 Laguna Cliff Ln

Austin, TX 78734

  • 72 days on market
    • Price drop $120,000↓
*Priced well under market value due to a long term tenant in place until July of 2026 , owner needs to sell* Situated on a gated 2+ acre property enveloped by mature trees, this remarkable oasis offers an exclusive array of amenities, including a private tennis court, a laguna-style diving pool, and a custom guest house that's 1,116 sq ft. Step into a world of outdoor entertainment at its finest, with multiple level decks, a fire pit, BBQ, and grilling area creating the perfect setting for gatherings and relaxation. The main house is a masterpiece of architectural design and elegance, featuring a grand pictorial staircase, soaring ceilings, and a harmonious blend of luxury and comfort. As you explore the 5-bedroom, 4.5-bathroom residence, you'll be captivated by the thoughtful details at every turn. Entertain your guests in the formal living area with a custom wet bar and fireplace, before moving on to the formal dining room and wine room for an unforgettable dining experience. The main level also boasts a master suite, a secondary bedroom and bath, and a spacious media room for ultimate relaxation. Upstairs, a game room awaits with rich wood flooring, built-ins, and a dry bar with a wine refrigerator, accompanied by three oversized bedrooms and baths. The second staircase leads to the pool bath and outdoor spaces for seamless indoor-outdoor living. The custom guest house offers two bedrooms, a study or music room, a full bath, family and dining rooms, a full kitchen with a breakfast bar, and a private driveway/parking. Over $60,000 of upgrades current owner put in to include 2 new hvac units, new electrical panel, tennis lighting, and new pool filters. This estate will make a great investment as a STR/Airbnb income producing property as there is two separate homes, plenty of outdoor entertainment amenities minutes to Lake Travis marina, offering a wealth of recreational opportunities, from boating and fishing to dining and family fun.

Details

Property type

Single Family Residence

Est. home value

$2,026,330

Lot size

2.0774 acres

Price per sq ft

$283

Year built

2003

Annual property taxes

$36,354.18

Monthly HOA fee

$54.17

Price History

12/16/2024
Austin

Austin #2941346

Price change
$1,579,000
-7.06%
11/17/2024
Austin

Austin #2941346

Price change
$1,699,000
-15.01%
10/22/2024
Austin

Austin #2941346

Price change
$1,999,000
+24.95%

Schools & Community

Elementary school: 

Lake Travis

Middle school: 

Hudson Bend

High school: 

Lake Travis

Community features: 

Lake

High school district: 

Lake Travis ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Frost Bank

Loan start date

October 2023

Original loan amount

$400,000

Est. remaining balance

Not provided

Interest rate

7.23%

Loan type

Credit Line (Revolving)

Seller

Brandon Nguyen

Lender

Key Bank Na

Loan start date

November 2021

Original loan amount

$1,040,000

Est. remaining balance

$970,799

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Brandon Nguyen and Michelle Diep Dinh

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 4:40 AM

Listing updated: 12/16/2024 at 2:50 PM

Listed by: Tessa Flight, eXp Realty, LLC Phone #: (888) 519-7431

MLS: Austin #2941346

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