Huge Price Improvement. Prized waterfront retreat on 400 feet of Lake Austin sprawling over 5.8 acres. This stunning modern home provides comfortable luxury designed to entertain. Main house with five bedrooms, living/formal areas, wine cellar and library; guest house with second kitchen, game room, theater and full indoor basketball court. Resort style pool and spa, two slip boat dock, sun deck, sand and sport court, grilling and al-fresco dining patio. Splitting tracts may be possible.