Your daily dose of Austin
Smartphone image
×
Make your inbox more Austin.
Local news and fun, every day 6am.
SOLD: Mystery buyer purchases Austin's most expensive home
(Engel & Völkers Austin/Twitter)

An unknown buyer will soon be living the dream after purchasing Austin's most expensive home—a nearly nine-acre property complete with a luxurious glass-walled mansion and a private lagoon in West Austin.


With a whopping $38.9 million listing price, the undisclosed final sale broke the record as Austin's priciest home deal ever, according to agents at Engel & Völkers Austin.

The home sits on Lake Austin and has more than 665 feet of water frontage. If the lake wasn't enough, the property comes with its own lagoon, boat dock and infinity pool.

The estate itself is glass-walled and glamorous, with a three-story guesthouse that has been featured on Architectural Digest. Connected to the guest house is an award-winning bridge overlooking the water as well as the main event—the seven-bedroom, nine-bathroom home. The house is divided in half by a courtyard and a 1,000 square-foot great room that is surrounded by glass on all sides.

Although the purchaser wished to remain anonymous, many are speculating that the purchase goes hand-in-hand with the recent tech migration to Austin. With big-name companies like Oracle and Tesla already planting their roots in the city and many more to possibly come, the Austin housing market has faced skyrocketing prices and demand.

If the property sold for even half as much as its listing price, it would easily break the record for Austin's most expensive purchase. The most expensive home on the market in Austin currently sits at $12.9 million.

The estate, named Willow Beach, was custom-made by Austin-based Miró Rivera Architects in 2010.

Popular

Austin staging 'radiological incident' this week in citywide exercise

(Austin Emergency Management)

Hazmat suits, low-flying aircraft and more will be seen this week as Austin hosts an exercise to prepare for radiological incident.

Keep ReadingShow less
Josh Wolff signs contract extension with Austin FC through 2025

(Austin FC)

Austin FC head coach Josh Wolff is here to stay as the Club announced he signed a three-year contract extension.

Keep ReadingShow less