5420 Petticoat Lane, Austin, 78746, TX

$13,950,000

7 Beds
7 Baths
8,740 Sqft
10.65 Acres
3 Garages

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.

Essential Information
MLS® #3951558
Price$13,950,000
Bedrooms7
Bathrooms7.00
Full Baths6
Half Baths1
Square Footage8,740
Acres10.65
Year Built1984
TypeResidential
Sub-TypeSingle Family Residence
StatusActive
Community Information
Address5420 Petticoat Lane
Area8E
SubdivisionSimmons John E
CityAustin
CountyTravis
StateTX
Zip Code78746
Amenities
FeaturesNone
Garage Spaces3
WaterfrontNone
Has PoolYes
Utilities

Electricity Connected, Propane, Water Connected

Parking

Additional Parking, Attached, Carport, Driveway, Garage

View

City, Park/Greenbelt, Hills, Panoramic

Interior
InteriorCarpet, Marble, Wood
FireplaceYes
# of Fireplaces2
StoriesMulti/Split
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)

Fireplaces

Family Room, Gas Starter, Living Room, Wood Burning

Exterior
RoofMetal
ConstructionFrame, Masonry
FoundationPillar/Post/Pier, Slab
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

School Information
DistrictEanes ISD
ElementaryBridge Point
MiddleHill Country
HighWestlake
Additional Information
Date ListedNovember 1st, 2022
Days on Market91
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from January 31st, 2023 at 3:15am CST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.