4511 Island Cove Austin, TX 78731
Mount Bonnell NeighborhoodEstimated payment $43,369/month
Highlights
- Lake Front
- Boat Slip
- Eat-In Gourmet Kitchen
- Highland Park Elementary School Rated A
- In Ground Pool
- Gated Parking
About This Home
Where timeless architecture meets the tranquility of Lake Austin—welcome to The Venetian, a waterfront estate that evokes the grace and romance of the Italian Renaissance.Designed by Impact Design and masterfully built by Keith Schoenfelt of Corias Homes, this 7,755-square-foot residence sits on over half an acre with more than 180 feet of Lake Austin frontage, offering two boat slips—one private and one for guests. The home’s craftsmanship and scale are rare to find today, blending elegant proportion with enduring structure.From the moment you enter, you’re surrounded by exquisite detailing: soaring ceilings, intricate millwork, and walls of windows that fill the home with natural light. Formal and casual living spaces flow seamlessly, each designed with a sense of poetic rhythm and refined character. Whether you’re hosting on a grand scale or enjoying quiet moments on the lakefront terrace, every space invites connection and contemplation.Outdoors, the grounds feel like a living painting—lush, terraced gardens inspired by Italian tradition, perfect for al fresco dining, slow strolls, or simply watching the sun dance on the water.With five generously appointed bedrooms, a stately office, and multiple living and dining areas, the home accommodates both everyday life and exceptional entertaining with ease. Its thoughtful layout and authentic preservation of character make it a true work of art—a lakefront legacy in the making.
Listing Agent
Kuper Sotheby's Int'l Realty Brokerage Phone: (512) 796-2602 License #0547097 Listed on: 03/22/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $104,045
Year Built
- Built in 1998
Lot Details
- 0.53 Acre Lot
- Lot Dimensions are 187 x 180
- Lake Front
- Southwest Facing Home
- Wrought Iron Fence
- Level Lot
HOA Fees
- $400 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Side Facing Garage
- Gated Parking
Property Views
- River
- Lake
Home Design
- Slab Foundation
- Frame Construction
- Tile Roof
- Stone Siding
- Stucco
Interior Spaces
- 7,755 Sq Ft Home
- 2-Story Property
- Bookcases
- Woodwork
- Beamed Ceilings
- Coffered Ceiling
- Cathedral Ceiling
- Ceiling Fan
- Chandelier
- Drapes & Rods
- Blinds
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Multiple Living Areas
- Dining Room
Kitchen
- Eat-In Gourmet Kitchen
- Built-In Double Oven
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Carpet
- Stone
- Marble
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Dual Closets
- Walk-In Closet
- Double Vanity
- Bidet
- Hydromassage or Jetted Bathtub
- Walk-in Shower
Home Security
- Home Security System
- Fire and Smoke Detector
Pool
- In Ground Pool
- In Ground Spa
Outdoor Features
- Boat Slip
- Deck
- Covered Patio or Porch
- Pergola
Schools
- Highland Park Elementary School
- Lamar Middle School
- Mccallum High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 01290705130000
- Tax Block B
Community Details
Overview
- Island At Mount Bonnell Shores Association
- Built by Corias Homes
- Island At Mt Bonnell Shores Subdivision
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $104,045 | $5,213,599 | $3,284,996 | $1,928,603 |
| 2023 | $85,921 | $4,749,000 | $2,445,300 | $2,303,700 |
| 2022 | $98,746 | $5,000,000 | $2,445,300 | $2,554,700 |
| 2021 | $93,299 | $4,286,282 | $2,445,300 | $1,999,400 |
| 2020 | $83,577 | $3,896,620 | $2,445,300 | $1,451,320 |
| 2018 | $77,446 | $3,498,021 | $2,445,300 | $1,052,721 |
| 2017 | $73,882 | $3,312,875 | $1,400,490 | $1,912,385 |
| 2016 | $74,511 | $3,341,095 | $1,400,490 | $1,940,605 |
| 2015 | $74,473 | $3,452,100 | $1,556,100 | $1,896,000 |
| 2014 | $74,473 | $3,509,000 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | Price Changed | $6,495,000 | -3.7% | $838 / Sq Ft |
| 05/08/2025 05/08/25 | Price Changed | $6,745,000 | -0.1% | $870 / Sq Ft |
| 02/25/2025 02/25/25 | Price Changed | $6,750,000 | -3.5% | $870 / Sq Ft |
| 11/12/2024 11/12/24 | Price Changed | $6,995,000 | -6.4% | $902 / Sq Ft |
| 03/22/2024 03/22/24 | For Sale | $7,475,000 | +42.4% | $964 / Sq Ft |
| 03/29/2021 03/29/21 | Sold | -- | -- | -- |
| 02/11/2021 02/11/21 | Pending | -- | -- | -- |
| 02/10/2021 02/10/21 | For Sale | $5,250,000 | 0.0% | $677 / Sq Ft |
| 02/02/2021 02/02/21 | Pending | -- | -- | -- |
| 01/29/2021 01/29/21 | For Sale | $5,250,000 | -- | $677 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Independence Title | |
| Special Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Chicago Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $2,500,000 | Commercial |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 4909100
APN: 423140
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