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Price of Austin’s Most Expensive Home Finally Revealed

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‘Paradise Found’ wants $35 million

About a month ago, we ran a story that featured a rare find in Austin: a 12.93-acre, Tarrytown estate fronting Lake Austin, on the market for the first time in 50 years.

The private yet convenient five-bedroom, seven-bathroom home was built in the 1960s, perfectly sited under a lush canopy of trees, and most certainly one-of-a-kind.

At the time, the property was listed with an undisclosed price. Recently, however, the Austin-American Statesman’s Shonda Novak disclosed the asking price: $35 million. That, as Novak noted, makes it the most expensive property under 50 acres available for sale in Austin.

As we noted in our original story, the 5,170-square-foot home, a traditional-modernist blend, received coverage in Architectural Digest and The Los Angeles Times during its 1960s heydey; a 1964 Austin American-Statesman article christened the estate "Paradise Found."

Novak uses the sale as a jumping-off point for discussing the health of Austin’s luxury real estate market (growing) and quotes a granddaughter of the original owners about her hope that the buyer will keep the bucolic property intact. The high price is part of that vision, Novak reported, as a local real estate experts say a lower price might entice more developers hoping to subdivide the property.

Rare Austin estate can be yours — for $35 million [AAS]

This Rare, Secluded Lake Austin Luxury Estate Is Both Modern and Timeless [Curbed Austin]

1804 Rockmoor Avenue [Moreland Properties]