Overview
Description
Set on a beautifully landscaped 1.12-acre homesite in one of Austin’s premier luxury communities, this custom estate offers the rare combination of timeless design, functional living, and resort-style outdoor spaces. From the moment you arrive, the home’s commanding presence and mature landscaping create a sense of privacy and elegance that continues throughout all 6,261 square feet.
Designed with both everyday comfort and entertaining in mind, the floor plan lives beautifully with 5 spacious en suite bedrooms, including 3 on the main level and 2 upstairs. The heart of the home is the stunning great room, where soaring spaces and a dramatic stone fireplace create a warm yet sophisticated gathering place. Multiple living and entertaining areas provide incredible flexibility, including formal and casual dining spaces, a private office, downstairs billiards/game room, and an upstairs game room with dedicated media room.
The gourmet kitchen opens seamlessly to the living spaces and is equipped for both casual family dinners and large-scale entertaining. Premium stainless appliances include a 48” Wolf range, three ovens, warming drawer, built-in refrigerator, microwave oven, and two beverage refrigerators. An oversized utility room with abundant storage, sink, and additional refrigerator space adds everyday convenience rarely found in luxury homes.
Step outside and the property transforms into a true private retreat. Expansive covered patios are designed for year-round enjoyment with a built-in grill, sink, and outdoor television overlooking the resort-style pool and spa. A fire pit and multiple entertaining areas create the perfect setting for everything from quiet evenings under the stars to unforgettable gatherings with family and friends. This is Austin Hill Country living at its finest, yet only 14 miles to downtown Austin.
Address
- Street10500 Milky
- CityAustin
- SubdivisionPreserve At River Place Sec 02
- CountyTravis
- StateTX
- Zip78730
- MLS #2381013
Interior
- AppliancesBuilt-In Electric Oven,Built-In Gas Range,Bar Fridge,Built-In Oven,Built-In Refrigerator,Convection Oven,Cooktop,Dishwasher,Disposal,Gas Water Heater,Microwave,Refrigerator,Range Hood,Self Cleaning Oven,Stainless Steel Appliance(s),Wine Refrigerator
- Bathrooms Full5
- Bathrooms Half1
- Bathrooms Total Integer6
- Bedrooms Total5
- CoolingYes
- Fireplace FeaturesGas,Great Room,Masonry,Outside,Raised Hearth
- Fireplaces Total3
- FlooringCarpet,Tile,Wood
- HeatingCentral,Forced Air,Fireplace(s),Natural Gas
- Interior FeaturesBeamed Ceilings,Built-in Features,Open Beams/Beamed Ceailings,Tray Ceiling(s),Ceiling Fan(s),Chandelier,Cathedral Ceiling(s),Separate/Formal Dining Room,Granite Counters,In-Law Floorplan,Interior Steps,Kitchen Island,Multiple Living Areas,Multiple Dining Areas,Main Level Primary,Multiple Closets,Open Floorplan,Pantry,Recessed Lighting,Study,Vaulted Ceiling(s)
- Laundry FeaturesMain Level,Laundry Room,Washer Hookup,Gas Dryer Hookup
- LevelsTwo
- Living Area6,261
- Living Area SourcePublic Records
- Main Level Bedrooms3
- Spa FeaturesGunite,Hot Tub,In Ground
- SpaYes
Exterior
- Covered Spaces3
- Direction FacesSouth
- Exterior FeaturesGas Grill,Outdoor Grill,Rain Gutters,Fire Pit
- FencingMasonry,Stone,Wrought Iron
- Garage Spaces3
- Lot FeaturesSprinklers In Rear,Sprinklers In Front,Landscaped,Many Trees,Sprinklers Automatic,Sprinklers In Ground,Sprinklers On Side
- Lot Size Acres1
- Lot Size Area1
- Parking FeaturesAttached,Garage,Garage Door Opener,Guest,Garage Faces Side
- Pool FeaturesFiberglass,Gunite,In Ground,Outdoor Pool,Pool Sweep,Pool/Spa Combo
- RoofMetal
Structure
- Construction MaterialsStone Veneer,Stucco
- Foundation DetailsSlab
- Property ConditionResale
- Stories2
- Year Built2005
- Year Built SourcePublic Records
Utilities
- Distance To Water Comments2+ Miles
- SewerPublic Sewer
- UtilitiesElectricity Connected,Natural Gas Available,Water Connected,Underground Utilities
- Water SourcePublic
Financial
- Association Fee462
- Association Fee FrequencyAnnually
- Association Fee IncludesCommon Area Maintenance,Insurance
- Association NameRiver Place Residential Community Association
- AssociationYes
- Parcel Number01503002080000
- Tax Annual Amount41,366
- Tax Assessed Value2,206,059
- Tax BlockB
- Tax Legal DescriptionLOT 4 BLK B PRESERVE AT RIVER PLACE SEC 2THE
- Tax Lot4
- Tax Year2025
Schools
- Elementary SchoolRiver Place
- Elementary School DistrictLeander ISD
- High SchoolVandegrift
- High School DistrictLeander ISD
- Middle Or Junior SchoolFour Points
- Middle Or Junior School DistrictLeander ISD
Location
- Community FeaturesCommon Grounds/Area,Fishing,Golf,Playground,Park,Sport Court(s),Tennis Court(s),Trails/Paths,Curbs
- CountryUnited States
- County Or ParishTravis
- Directionswest on 2222 to River Place BLVD; Turn left at light at River Place BLVD. Milky Way Dr will be the on the left. Turn left onto Milky Way Dr. House is 4th on the left.
- Latitude30
- Longitude-98
- MLS Area MajorRN
- Postal Code78730
- Street NameMilky
- Street Number10500
- Street Number Numeric10,500
- Street SuffixWay
- Subdivision NamePreserve At River Place Sec 02
- Unparsed Address10500 Milky WAY
Listing Info
- Attribution Contact(512) 913-8940
- Contract Status Change DateMay 15, 2026
- Cumulative Days On Market119
- Days On Market119
- DisclosuresSeller Disclosure
- Documents Change TimestampSeptember 29, 2026
- Documents Count5
- List AORAustin Board of Realtors
- List Agent Direct Phone(512) 913-8940
- List Agent First NameAmy
- List Agent Full NameAmy Brossette
- List Agent Key13984496
- List Agent Last NameBrossette
- List Agent MLS ID610248
- List Agent National Association ID785031077
- List Agent URLwww.amysellingaustin.com
- List Office Emailmecook@kw.com
- List Office Key985183
- List Office MLS ID2497
- List Office NameKeller Williams - Lake Travis
- List Office Phone(512) 263-9090
- List Office URLwww.kwlaketravis.com
- List Price2,950,000
- Listing AgreementExclusive Right To Sell
- Listing Contract DateMay 15, 2026
- Listing ID2381013
- Listing Key1166018353
- Listing ServiceFull Service
- Listing TermsCash,Conventional
- Major Change TimestampJune 2, 2026
- MLS StatusActive
- Modification TimestampSeptember 29, 2026
- Occupant TypeOwner
- On Market DateMay 15, 2026
- Original Entry TimestampMay 15, 2026
- Originating System Key230244341
- Originating System NameACTRIS
- Ownership TypeFee Simple
- Photos Change TimestampSeptember 4, 2026
- Photos Count31
- PossessionClosing & Funding,Close Of Escrow,Negotiable
- Price Change TimestampMay 16, 2026
- Showing Contact NameAmy Brossette
- Showing Contact Phone512-913-8940
- Showing Contact TypeAgent
- Source System Key1166018353
- Special Listing ConditionsStandard
- Syndicate ToApartments.com,AustinHomeSearch.com,HAR.com,ListHub,Realtor.com
- Syndication RemarksSet on a beautifully landscaped 1.12-acre homesite in one of Austin’s premier luxury communities, this custom estate offers the rare combination of timeless design, functional living, and resort-style outdoor spaces. From the moment you arrive, the home’s commanding presence and mature landscaping create a sense of privacy and elegance that continues throughout all 6,261 square feet. Designed with both everyday comfort and entertaining in mind, the floor plan lives beautifully with 5 spacious en suite bedrooms, including 3 on the main level and 2 upstairs. The heart of the home is the stunning great room, where soaring spaces and a dramatic stone fireplace create a warm yet sophisticated gathering place. Multiple living and entertaining areas provide incredible flexibility, including formal and casual dining spaces, a private office, downstairs billiards/game room, and an upstairs game room with dedicated media room. The gourmet kitchen opens seamlessly to the living spaces and is equipped for both casual family dinners and large-scale entertaining. Premium stainless appliances include a 48” Wolf range, three ovens, warming drawer, built-in refrigerator, microwave oven, and two beverage refrigerators. An oversized utility room with abundant storage, sink, and additional refrigerator space adds everyday convenience rarely found in luxury homes. Step outside and the property transforms into a true private retreat. Expansive covered patios are designed for year-round enjoyment with a built-in grill, sink, and outdoor television overlooking the resort-style pool and spa. A fire pit and multiple entertaining areas create the perfect setting for everything from quiet evenings under the stars to unforgettable gatherings with family and friends. This is Austin Hill Country living at its finest, yet only 14 miles to downtown Austin.
- Universal Property IDUS-48453-N-01503002080000-R-N
Features & Amenities
- Attached
- Bar Fridge
- Beamed Ceilings
- Built-In Electric Oven
- Built-in Features
- Built-In Gas Range
- Built-In Oven
- Built-In Refrigerator
- Carpet
- Cathedral Ceiling(s)
- Ceiling Fan(s)
- Central
- Chandelier
- Common Grounds/Area
- Convection Oven
- Cooktop
- Curbs
- Dishwasher
- Disposal
- Fiberglass
- Fire Pit
- Fireplace(s)
- Fishing
- Forced Air
- Garage
- Garage Door Opener
- Garage Faces Side
- Gas Dryer Hookup
- Gas Grill
- Gas Water Heater
- Golf
- Granite Counters
- Guest
- Gunite
- In Ground
- In-Law Floorplan
- Interior Steps
- Kitchen Island
- Landscaped
- Laundry Room
- Main Level
- Main Level Primary
- Many Trees
- Microwave
- Multiple Closets
- Multiple Dining Areas
- Multiple Living Areas
- Natural Gas
- Open Beams/Beamed Ceailings
- Open Floorplan
- Outdoor Grill
- Outdoor Pool
- Pantry
- Park
- Playground
- Pool Sweep
- Pool/Spa Combo
- Private Pool
- Rain Gutters
- Range Hood
- Recessed Lighting
- Refrigerator
- Self Cleaning Oven
- Separate/Formal Dining Room
- Sport Court(s)
- Sprinklers Automatic
- Sprinklers In Front
- Sprinklers In Ground
- Sprinklers In Rear
- Sprinklers On Side
- Stainless Steel Appliance(s)
- Study
- Tennis Court(s)
- Tile
- Trails/Paths
- Tray Ceiling(s)
- Vaulted Ceiling(s)
- Washer Hookup
- Wine Refrigerator
- Wood
Mortgage Calculator
- Principal & interest
- Property tax
- Home insurance
- PMI
- HOA dues
Estimates only and not a loan offer. Taxes, insurance and rates vary — confirm with a lender.
Meet your agent
Amy Brossette
Listing Agent · Keller Williams - Lake Travis
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