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$7,950,000

  • For Sale
  • Active
  • Single Family
  • 6 Beds
  • 6 Full Baths
  • 2 Partial Baths
  • 8,286 Sq. Ft.
  • 0.527 Acres
  • 4 Car Garage
  • Updated 8 days ago
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Prime Waterfront Location - situated in the gated Island at Mount Bonnell community on a private cul-de-sac, this property has direct access to Lake Austin, offering breathtaking water views and endless opportunities for boating, paddleboarding, and lakeside relaxation. No expense has been spared in a stunning 7-figure make over - virtually every square foot of the main house has been remodeled and enhanced. Featuring two primary bedroom suites, two additional bedrooms with private baths and a huge 25'x 25' flex room with plenty of closet space and its own private bath that can serve as a 5th bedroom - ideal for teens or age-in-place parents. The chef's kitchen is a culinary dream, equipped with top-of-the-line Wolf appliances, custom cabinets, stunning granite counters and backsplash and two huge islands perfect for entertaining. Ready for fun? The Game and Theater Room features a sunken corner bar with a full width back bar and island bar with seating, including pull out Sub-Zero drawers, a wine refrigerator, ice maker, glass washing station, attractively lit shelving, all with beautiful views of the boats passing slowly through the canal. The meticulously landscaped backyard includes a sparkling pool, half bath off the pool, outdoor kitchen and multiple lounging areas-all overlooking the tranquil waters of Lake Austin. The casita is awesome - perfect one bedroom guest suite complete with its own bath and amazing views from its elevated lounging deck. Additional Amenities include a private boat dock, two separate 2-car garages, state-of-the-art home automation system, wine cellar, elevator, media room, and gym ensure every luxury is at your fingertips. This is more than a home-it's a statement of elegance and exclusivity. Don't miss this rare opportunity to own a piece of paradise. Contact us today to schedule your private tour of this exceptional property. Ask for the full list of amenities and remodel details!

Full Property Details for 4407 Island Cove

General

  • Price: $7,950,000
  • HOA FEE: $200/month
  • HOA FEE FREQ.: Annually
  • Taxes: $183,434 (2024)
  • Status: Active
  • Type: Single Family
  • Source: Austin_MLS
  • MLS ID: 7723783
  • Updated: 2/19/2026
  • Added to Site: 330 day(s) ago

Interior

  • Interior Features: Breakfast Bar, Built-in Features, Separate/Formal Dining Room, High Ceilings, In-Law Floorplan, Interior Steps, Multiple Living Areas, Multiple Dining Areas, Multiple Primary Suites, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Gas Log
  • Appliances: Convection Oven, Double Oven, Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Microwave, Refrigerator
  • Flooring: Stone, Wood

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: Main Level, Laundry Room, Upper Level

Additional Information

  • Shared Amenities: Gated
  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Heated, In Ground
  • Security/Safety: Security System

Exterior

  • Exterior Features: Boat Lift, Dock, Private Yard
  • Porch/Patio/Deck: Covered, Patio

Parking

  • Garage: Yes
  • Garage Spaces: 4
  • Covered Spaces: 4
  • Parking Features: Attached, Door-Multi, Detached, Electric Vehicle Charging Station(s), Garage

Location

  • Area: 1B
  • County: Travis
  • Subdivision: Island At Mount Bonnell Shores
  • Driving Directions: From 2222, south on Mt. Bonnell Rd., Right on Island Ave, Left on Island Cove. First house on the left.
  • Direction Faces: Southwest

School Information

  • Elem School District: Austin ISD
  • Midd School District: Austin ISD
  • High School District: Austin ISD
  • Elementary School: Andrews
  • Middle School: Lamar (Austin ISD)
  • High School: McCallum

Community

  • Gated community: Yes
  • Association: Yes
  • Assoc. Name: Island at Mt Bonnell
  • Assoc. Fees Include: Common Area Maintenance

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available, Natural Gas Available

Structural Information

  • Detached/Attached: Detached
  • Construction: Masonry
  • Roof: Tile
  • Windows: Window Treatments
  • Stories/Levels: 2
  • Square Feet: 8,286
  • Sq. Ft. Source: Appraiser
  • Living Area: 8,286 Sq. Ft.
  • Year Built: 2006
  • Year Built Source: Public Records
  • Property Condition: Resale

Additional Structures

  • Other Structures: Guest House

Lot Features

  • Property View: Lake
  • Lot Size (Acres): 0.527
  • Lot Size (Sq. Ft.): 22,956.12
  • Fence: Yes
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Sprinklers In Ground, Trees Medium Size, Trees Small Size
  • Fencing (Description): Wrought Iron

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Name: Lake Austin
  • Water Front Desc.: Lake Front, Boat Ramp/Lift Access
  • Lake Front: Yes

Green Features

  • Energy Efficient: Appliances

Financial Considerations

  • Association Fee: $2,400
  • Assoc Fee Freq.: Annually
  • Assessment Amount: $9,255,907
  • Tax Amount: $183,434.86
  • Tax Year: 2024
  • Terms: Cash, Conventional, Item1031Exchange, FHA, Fannie Mae, Texas Vet, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: LOT 5-A BLK A ISLAND AT MT BONNELL SHORES THE AMENDED PLAT LTS 4-7 & LTS 8-A&9-A OF AMD LTS 8&9
  • Disclosures/Reports: Seller Disclosure
  • Property ID: 1290704480000
  • Block: A
  • Lot Number: 5-A

Listed by eXp Realty LLC

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Listing agent

— 4407 Island Cove —

  • eXp Realty LLC

(512) 969-2013

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4407 Island Cove

School District:Austin Independent School District
NameGradesDistance
Highland Park Elementary School, Austin, TX
4900 Fairview Drive, Austin, TX 78731
K-51.1 mi
Lamar Middle School, Austin, TX
6201 Wynona Avenue, Austin, TX 78757
6-82.3 mi
Mccallum High School
5600 Sunshine Drive, Austin, TX 78756
9-122.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4407 Island Cove Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/19/2026
Price Reduced
$7,950,000
-11.17%
MLS
2/03/2026
Price Reduced
$8,950,000
-3.24%
MLS
1/16/2026
Price Reduced
$9,250,000
-5.13%
MLS
4/03/2025
Listed
$9,750,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4407 Island Cove

Year
Property Taxes
Change
Tax Assessment
Change
2024
$183,435
—
$9,171,895
-1%
2024
$183,435
28%
$9,255,907
35%
2022
$143,342
—
$6,859,857
-5%
2022
$143,342
49%
$7,258,094
49%
2021
$95,902
-3%
$4,872,701
10%
2020
$98,635
4%
$4,429,728
—
2020
$95,012
-6%
$4,429,728
-3%
2018
$100,732
19%
$4,586,000
9%
2016
$84,901
-10%
$4,216,026
11%
2017
$94,023
22%
$3,806,989
14%
2015
$76,755
-12%
$3,342,865
-12%
2013
$86,851
—
$3,811,824
8%
2013
$86,851
—
$3,525,927
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

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NMLS#: 1598647

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Listed by eXp Realty LLC

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4407 Island Cove, Austin, TX 78731 (MLS# 7723783) is a Single Family property with 6 bedrooms, 6 full bathrooms and 2 partial bathrooms. 4407 Island Cove is currently listed for $7,950,000 and was received on April 03, 2025. Want to learn more about 4407 Island Cove? Do you have questions about finding other Single Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

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