An exclusive retreat with breathtaking Lake Travis views

20111 Colby Hill Dr, Spicewood, TX

MLS #6767731

2,768 Sq. Ft. | 3 Beds | 2 Full Baths | 1 Half Baths | Sauna Room | 2-Acre Lot
Offered at $1,495,000

About the Property

Welcome to The Way to Live — A Rare Hill Country Retreat on Lake Travis

Discover this exceptional single-family home in the heart of Siesta Shores, one of Spicewood’s most sought-after lakeside communities. Ideally positioned just two blocks from lakefront parks and within walking distance of the Siesta Shores Marina, this property offers an unmatched blend of privacy, sustainability, and scenic beauty.

Whether you're searching for a full-time residence, second home, or an investment with potential for short- or mid-term rental (STR/MTR), this property delivers lifestyle and flexibility in one of Lake Travis’s most peaceful enclaves.

🏡 Property Overview

  • 2,768 SQFT of living space on a generous 2.03-acre lot (88,383 SQFT)

  • 3 bedrooms, 2.5 bathrooms, plus an outdoor shower

  • Art Deco-inspired design with modern lines and eco-conscious features

  • Third-floor observation deck and bonus room with sweeping lake and hill country views

🔗 Property Details & Photos: View Full Story & Features

🔧 Upgrades & Sustainability

  • Radiant heated floors downstairs; hardwood hickory flooring upstairs

  • First-floor HVAC system replaced Dec 2024; 2nd system serviced and upgraded Jan 2025

  • Tankless propane water heater and metal roof for efficient rainwater capture

  • Rainwater harvesting system with 11,500 gallons of enclosed storage + full filtration

  • Double-sided glass casement windows maximize natural light and energy efficiency

  • Xeriscaped natural landscaping to minimize maintenance and irrigation needs

🌿 Unique Amenities

  • Detached sauna made of western red cedar – ideal for wellness and relaxation

  • 1,132 SQFT of insulated, air-conditioned garage space (2 detached, 1 attached)

  • Plenty of space to add a pool, guest house, or detached STR/MTR unit (buyer to verify)

COMMUNITY

🌅 Location, Views & Lifestyle

  • 180° panoramic views of Lake Travis and the Hill Country

  • Just two blocks from Siesta Shores Marina with boat slips available

  • Walking distance to two private waterfront parks with picnic areas and water access

  • Quiet, established community with approx. 70 homes and low HOA ($70/year)

  • Adjacent to the luxury Travis Club development, enhancing long-term value

Ideal For:

  • Buyers seeking a second home near Austin

  • Families looking for a private, spacious primary residence

  • Investors exploring STR/MTR rental potential in the Lake Travis market

  • Nature lovers, boaters, and anyone looking for a true Texas Hill Country escape

Contact us.

Want to know more about this property? Let us know and we’ll reach out!