$3,750,000
5 bd · 7 ba · 6,326 sqft
203 Bella Riva Dr, Austin, TX 78734
203 Bella Riva Dr, Austin, TX 78734 is a 5-bedroom, 7-bathroom single family residence listed at $3,750,000 ($593/sqft). 6,326 sqft. Built in 2002. Located in Lakeway, Austin TX. Priced 110% above the Lakeway median of $282/sqft. MLS #6448270. Listed by Moreland Properties.
Property Overview
Architect Jeffrey Berkus designed this extraordinary waterfront estate at 203 Bella Riva Drive in Lakeway's exclusive Costa Bella community, positioning it as one of Austin, TX's most prestigious Lake Travis addresses. Situated on more than two acres within a protected deep-water cove, the residence commands sweeping lake views from expansive terraces and balconies that flow seamlessly into living spaces defined by soaring ceilings, exposed wood beams, and walls of windows. The property's sophisticated layout encompasses five en-suite bedrooms plus a detached casita with private entrance and kitchenette, ideal for guests or multi-generational living, while the recently updated kitchen showcases a Janska range and fireplace that anchors the culinary heart.
Beyond the home itself, the estate captures the full Lakeway resort lifestyle through a private tram and observation deck leading to a two-slip boat dock equipped with HydroHoist lifts, marina access, and direct waterfront engagement. The primary suite functions as a private sanctuary with fireplace and spa amenities, while custom millwork and natural stone accents throughout reflect meticulous attention to detail. High-end entertaining spaces are thoughtfully integrated throughout, making this Lakeway residence equally suited to refined daily living and hosting memorable gatherings.
Vox Real Estate Insight
This property represents the pinnacle of Lake Travis waterfront living, combining architect-designed sophistication with genuine operational waterfront access—a combination rarely available in the Austin market. The Vox Residential team recognizes that homes at this caliber in Lakeway compete on both lifestyle amenities and investment positioning, and 203 Bella Riva's dock infrastructure and gated community status create meaningful long-term appeal beyond typical residential considerations.
Agent Description
Designed by acclaimed architect Jeffrey Berkus, this extraordinary waterfront estate on Lake Travis is set on more than 2 acres within the gated Costa Bella community. Positioned on a protected deep-water cove, the property features a private tram and observation deck leading to a two-slip boat dock with HydroHoist lifts. Expansive terraces and balconies capture sweeping lake views, while walls of windows bring the waterfront setting into nearly every major living space. Thoughtfully designed for both everyday living and entertaining, the residence includes five en-suite bedrooms, including a detached casita with a private entrance and kitchenette. High ceilings, exposed wood beams, natural stone accents, and custom millwork create a warm yet sophisticated atmosphere throughout. The recently updated kitchen features refreshed finishes, a Janska range, and a fireplace that adds to the luxurious ambiance. The primary suite serves as a private retreat with a fireplace, coffee bar, spa-inspired bath, terrace access, and panoramic water views. Exceptional outdoor living features a heated pool, expansive patios, and multiple vantage points for enjoying sunsets over the lake. Recent enhancements include HVAC systems, retaining wall and foundation improvements, pool upgrades, Tesla solar panels with three Powerwall batteries, and integrated smart lighting. Residents of Costa Bella enjoy access to a waterfront clubhouse, resort-style pool, fitness center, tennis and basketball courts, and community event spaces, completing one of Lake Travis' most exceptional waterfront offerings. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.
Neighborhood: Lakeway
This property is located in Lakeway, Austin, TX. The area is known for Lake Travis Living, Marina Access, Golf Courses, Waterfront Dining, Resort Lifestyle.
At $593/sqft, this listing is priced 110% above the Lakeway median of $282/sqft.
Property Details
| Property Type | Single Family Residence |
| Year Built | 2002 |
| Bedrooms | 5 |
| Bathrooms | 7 |
| Living Area | 6,326 sqft |
| Lot Size | 2.17 acres |
| Price / Sqft | $593 |
| Stories | Two |
| Condition | Resale |
| Subdivision | Costa Bella |
| County | Travis |
| MLS Area | LS |
| Listed | Jun 26, 2026 |
| MLS # | 6448270 |
| Listed By | Moreland Properties |
Interior
| Flooring | Stone, Wood |
| Appliances | Dishwasher, Disposal, Gas Range, Double Oven, Range, Free-Standing Range, RNGHD, Refrigerator, Water Heater, Wine Refrigerator |
| Interior Features | Bar, Bookcases, Built-in Features, Beamed Ceilings, Ceiling-High, Stone Counters, Double Vanity, Entrance Foyer, Interior Steps, Kitchen Island, Multiple Living Areas, Pantry, Smart Home, Soaking Tub, Storage, Study/Home Office, Walk-In Closet(s), Wet Bar |
| Windows | Window Treatments |
| Fireplaces | 3 (Bedroom, Kitchen, Living Room, Stone, Wood Burning) |
| Laundry | Laundry Room, Lower Level |
| Main-Level Bedrooms | 1 |
Systems & Utilities
| Cooling | Central Air |
| Heating | Central, Fireplace(s) |
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| Water Source | MUD |
| Sewer | Septic Tank |
Exterior & Lot
| Construction | Stucco |
| Roof | Tile |
| Foundation | Slab |
| Exterior Features | Balcony, Boat Dock - Private, Boat Ramp, Boat Slip, Rain Gutters |
| Patio & Porch | Patio, Terrace |
| Pool | Heated, In Ground, Outdoor Pool |
| Fencing | Wrought Iron |
| Lot Features | Front Yard, Landscaped, Views |
| View | Lake, Neighborhood, Panoramic, Pool, Water |
| Faces | North |
Parking
| Parking Spaces | 4 |
| Garage Spaces | 4 |
| Parking Features | Attached, Covered, Driveway, Garage |
Community & HOA
| HOA | Yes |
| HOA Name | Costa Bella |
| HOA Fee | $4,508 / Annually |
| Fee Includes | Common Area Maintenance |
| Community Features | Clubhouse, Cluster Mailbox, Gated, Pool, Tennis Court(s) |
| Security | Carbon Monoxide Detector(s), Security System, Smoke Detector(s) |
Assigned Schools
| Elementary | Lake Travis |
| Middle | Hudson Bend |
| High | Lake Travis |
| District | Lake Travis ISD |
Taxes & Legal
| Tax Year | 2026 |
| Annual Tax | $61,561 |
| Assessed Value | $3,682,591 |
| Parcel # | 01506603560000 |
| Legal Description | LOT 32 BLK A COSTA BELLA SUBD |
| FEMA Flood Plain | Yes-100 yr |
| In ETJ | No |
| Disclosures | Seller Disclosure |
| Listing Conditions | Standard |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 203 Bella Riva Dr, Austin, TX 78734?
This property is listed at $3,750,000, which is $593 per square foot. That is 110% above the Lakeway area median of $282/sqft.
How many bedrooms and bathrooms does 203 Bella Riva Dr, Austin, TX 78734 have?
This home has 5 bedrooms and 7 bathrooms, with 6,326 square feet of living space.
When was 203 Bella Riva Dr, Austin, TX 78734 built?
This property was built in 2002, making it 24 years old.
What neighborhood is 203 Bella Riva Dr, Austin, TX 78734 in?
This property is in Lakeway, Austin, TX. The area is known for lake travis living, marina access, golf courses.
How long has 203 Bella Riva Dr, Austin, TX 78734 been on the market?
This listing has been on the market for 47 days.
What type of property is 203 Bella Riva Dr, Austin, TX 78734?
This is a Single Family Residence on a 94,394.52 sqft lot.