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Austin · Hughes Park Lake 01

$2,995,000 82 days on market

Reduced from $3,200,000 · −6.4%

12885 Park Dr, Austin, TX 78732

  • 5bedrooms
  • 4.5bathrooms
  • 4,036sqft
  • 0.25acres
  • 2022year built

About this home

Panoramic Lake Travis and Hill Country views, iconic sunsets, and close proximity to the water. Built in 2022, this contemporary three-level residence is located less than one mile from Marshall Ford Marina and minutes from The Oasis, offering easy access to boating, dining, and lake recreation.

Designed for indoor-outdoor living, expansive terraces on multiple levels and a rooftop patio with unobstructed lake views are featured. Floor-to-ceiling windows throughout the main living areas provide natural light and frame the vistas.

The main level offers an open-concept layout connecting the living, dining, and kitchen areas, ideal for entertaining. The chef’s kitchen includes a large center island, marble countertops, premium appliances, and a butler’s pantry. A fireplace, glass-enclosed wine room, and wet bar add functionality and architectural interest. A private guest suite with full bath is located on the main level, and a 3-stop elevator provides access to all floors.

The primary suite features a private balcony overlooking Lake Travis and a spa-style bath with dual vanities, soaking tub, walk-in shower, and two closets, including an oversized boutique-style walk-in. Additional en-suite bedrooms provide privacy, and a dedicated study offers flexibility as a fifth bedroom and shares access to the primary balcony.

Outdoor spaces include multiple covered and open-air terraces for dining and lounging, a pool and spa, and a rooftop deck designed for sunset views and entertaining. Located in Austin’s limited use jurisdiction within the Hughes Park Lake area, the property offers additional flexibility for ownership, including the potential for short-term rental use, subject to buyer verification of current regulations. Public water access, nearby marinas, golf, dining, and shopping are all minutes away, with Downtown Austin and The Domain approximately 20 minutes away—delivering a convenient Lake Travis lifestyle with year-round accessibility.

Property

Type
Single Family Residence
Levels
Three Or More
Year built
2022
Lot size
0.25 acres
Subdivision
Hughes Park Lake 01
MLS #
ACT1084763

Inside

Bedrooms
5
Bathrooms
4.5
Living area
4,036 sqft
Fireplaces
1

Outside / parking

Garage spaces
4
Pool
Yes — private

Schools

Elementary
Steiner Ranch
High school
Vandegrift
District
Leander ISD

Costs

Est. annual taxes
$38,256 (2024)

Listing

First listed
Feb 15, 2026
Days listed
82
Original price
$3,200,000
Status
Active

Listed by Monica Fabbio, Christie's Int'l Real Estate · [email protected] · MLS# ACT1084763 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

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