Austin, TX 78734 (Travis County)
About this property
Positioned along a coveted stretch of Lake Travis shoreline beneath a canopy of heritage oaks, 16714 Forest Way evokes the timeless character of an Italian lakeside villa reimagined for refined Texas waterfront living. Set behind gates on a flat waterfront homesite with panoramic Hill Country and sunset views, the estate offers a rare blend of architectural presence, privacy, and resort-style recreation. Thoughtfully renovated in 2024, the three-level residence was designed to embrace the surrounding landscape and lake views from nearly every room. Old World influences including a stone facade, Spanish tile roof, central courtyard with fountain, and covered terraces are balanced by sophisticated contemporary interiors featuring light oak flooring, oversized windows, and abundant natural light. Anchored by a chef’s kitchen with a Wolf six-burner range, oversized island, walk-in pantry, and wine storage, the residence was designed for both intimate evenings and large-scale entertaining. Expansive living and dining spaces open to covered terraces with a summer kitchen and outdoor fireplace overlooking the grounds and waters of Lake Travis. Occupying the entire upper level, the primary retreat features elevated lake views, spa-inspired bath, private office, and fitness or flex space. Generous secondary suites, a private guest casita, and an entertainment-focused lower level with full bar, media lounge, recreation area, and guest accommodations create flexibility for hosting. The grounds offer expansive flat lawns shaded by mature trees with room for a future resort-style pool. At the shoreline, a dedicated lakeside pavilion with wet bar, fireplace, covered terrace, and half bath creates a remarkable setting for entertaining beside the water. For boating enthusiasts, the estate is equipped with a private boat ramp, floating two-slip dock, jet ski lifts, storage, and elevated sun deck positioned to capture Lake Travis sunsets and beyond.
Property details
Location
About the Area
16714 Forest Way is located in Austin, Texas, in Travis County. Travis County is home to Austin, the capital of Texas and one of the fastest-growing major cities in the United States. Beyond the urban core, Travis County still contains significant ranch and acreage properties in its western reaches, where the Hill Country meets the city and land values reflect both agricultural heritage and proximity to one of America's most dynamic economies.
The Colorado River flows through Travis County, impounded into Lake Travis and Lake Austin, key recreation anchors for the region. The Balcones Escarpment marks the transition from the limestone Hill Country in the west to the Blackland Prairie in the east. Barton Creek and its tributaries carve spring-fed swimming holes and nature preserves within the urban fabric.
Austin had an estimated population of 967,862 as of 2023. The 78734 zip code has a median household income of $129,116, a median home value of $626,100, and a median age of 50.8. The average household size is 2.24 people.
Austin's economy is anchored by the University of Texas, state government, and a massive technology sector that has attracted Apple, Tesla, Oracle, Dell, and hundreds of startups. Travis County acreage properties command premium prices reflecting proximity to the Austin job market, major airports, and world-class amenities.
Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).
Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Compass RE Texas, LLC.