$12,950,000

5420 Petticoat Lane, Austin, TX

7

Beds

7

Baths

8,740

Square feet

10.65

Acres

One-of-a-kind estate property on over 10 acres nestled up against Wild Basin Wilderness Preserve to the back and overlooking breathtaking Austin skyline views. This vast two-lot parcel is a rare opportunity to own substantial acreage within eight miles of downtown; the size and location of the property offers extraordinary privacy while also allowing for far-reaching panoramas. Two recently remodeled existing homes offer move-in ready options. This property also affords the potential to build the ultimate showplace home. While you will be surrounded by woods and wildlife at home, Austin Country Club is a quick five miles to the north, and shopping and dining in Westlake is six miles south. Exceptional Eanes schools are nearby, as are several prestigious private institutions. The larger home is a sumptuous entertaining showplace with elegantly proportioned rooms flowing in to one another and out to the covered terrace, pool and lawn beyond. Features an oversized bar between the sunken living and family room. A luxuriously sized primary suite enjoys city and hillside scenery, a spa-like bath and two walk-in closets plus an adjacent study. Two additional bedrooms and a mirrored fitness/dance room offer plenty of space. The second home is a charming mid-century cottage with a bedroom and study/flex space; a separate pool house with bath can serve as an ultra-private primary suite. A screened porch and large deck expand the living space outside. Set on a grassy terrace, the pool hangs over the hillside, and you will find yourself spending hours floating at the edge, enjoying the view. The incredible property is a once-in-a-lifetime opportunity to live a Hill Country lifestyle while enjoying the pleasures of one of the most exciting cities in the country. *Taxes are estimates based on 2021 rate and 2022 assessed value. All tax figures should be independently verified. 24HR Advance Showing Notice.

Facts & Features

ListingFeed abor_vow
MLS® # 3951558
List Price $12,950,000
Sale Price $11,500,000
Sale Date October 11th, 2023
Bedrooms 7
Bathrooms 7.00
Full Baths 6
Half Baths 1
Square Footage 8,740
Acres 10.65
Year Built 1984
Type Residential
Sub-Type Single Family Residence
Status Closed

Community Information

Address 5420 Petticoat Lane
Subdivision Simmons John E
City Austin
County Travis
State TX
Zip Code 78746

Amenities

Utilities Electricity Connected, Propane, Water Connected
Features None
Parking Additional Parking, Attached, Carport, Driveway, Garage
# of Garages 3
View City, Park/Greenbelt, Hills, Panoramic
Is Waterfront No
Waterfront None
Has Pool Yes

Interior

Interior Carpet, Marble, Wood
Appliances Bar Fridge, Built-In Refrigerator, Cooktop, Double Oven, Dishwasher, Exhaust Fan, Electric Oven, Electric Water Heater, Gas Cooktop, Disposal, Ice Maker, Microwave, Stainless Steel Appliance(s), Trash Compactor
Heating Central, Electric, Fireplace(s)
Cooling Central Air, Ceiling Fan(s), Electric
Fireplace Yes
# of Fireplaces 2
Fireplaces Family Room, Gas Starter, Living Room, Wood Burning
Stories Multi/Split

Exterior

Exterior Features Private Yard, Rain Gutters, See Remarks
Lot Description Backs to Greenbelt/Park, Private, Many Trees, Sprinklers Automatic, Trees Large Size, Trees Medium Size
Windows Skylight(s), Window Treatments
Roof Metal
Construction Frame, Masonry
Foundation Pillar/Post/Pier, Slab

School Information

District Eanes ISD
Elementary Bridge Point
Middle Hill Country
High Westlake

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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