Our Splurge: Gregg Klar with Keller Williams Lake Travis has listed 5303 S. Scout Island Circle for $2.5 million.

Imagine a place where the weather is warm, the amenities are plentiful, and deep blue water views go on for miles. Itching to get away? What’s better than heading to your very own lakefront retreat? This week we zero in on two exceptional lakefront beauties in Austin, Texas. Each are big on views and recreation but with price points that are miles apart. Which would you pick, the sprawling Lake Austin Splurge or the Hill Country Polo Club Steal? With this week’s Splurge vs. Steal it’s hard to choose.  (more…)

Throw out the old rule book of Lake Austin’s past. A new generation of buyers is on the loose and looking for the modern waterfront of their dreams. This one fits the bill.

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Because he wants to be closer to his mother, which is so wonderfully sweet. My Austin sources tell me that Dennis and Kimberly’s new home is on Matthews Drive in Tarrytown right on Lake Austin, on one of the most gorgeous streets in town and most convenient to UT. (Dallas readers, it’s the Dallas equivalent of living on Lakeside Drive in Highland Park, but more eclectic.) Before she met Dennis, Kimberly was head of
marketing for Texas American Title Company.  The Quaids owned a house in Austin which they sold in late 2009 on the Westlake side of Lake Austin, across the way from this treasure.  Word is Dennis spent very little time there.

But now, Dennis’s mother has just moved into a retirement home in Austin near the Arboretum on Great Hills Drive, and he wants to be closer to her and let her enjoy the twins. Did I tell you the $12,000,000 home they just bought also has an FAA-approved heli-pad? Now, how much would that have set you back in LA? Austin realtors tell me to get ready for more moving vans carting off Hollywood celebs: they really like what they can buy in Austin.