Active · MLS# 8959253

23705 Old Ferry Rd #15

Spicewood, TX, 78669

$1,450,000

4 Beds · 3 Baths · 2,837 SF · $511/SF

Perched on approximately 4.5 private acres atop a high bluff with 400 feet of waterfront on the Pedernales River arm of Lake Travis, this award-winning custom home is a rare expression of architecture, landscape, and sustainability. Designed in 1998 by Kevin Alter and David Heymann, the residence received the AIA Austin Honor Award and was featured in Texas Architect magazine. The home is organized into north and south wings connected by a dramatic 96-foot covered deck facing west—ideal for cool morning breakfasts, Hill Country sunsets, and near-constant breezes. Floor-to-ceiling windows, clerestory ventilation, fully insulated 6” exterior walls, and ceiling fans throughout support a thoughtfully engineered, energy-efficient design that encourages natural cross-ventilation and minimal HVAC use. The north wing offers an open living, dining, and kitchen space with granite counters, custom cabinetry, limestone fireplace, and expansive glazing for abundant natural light. The primary suite features granite finishes and a large walk-in shower. The south wing includes three bedrooms, a full bath, laundry, and a two-car garage, separated by a breezeway that channels prevailing southerly winds. Notable upgrades include solar panels (2020), rainwater collection providing the sole water source since 2010, two new Trane HVAC systems (2024), updated septic pump, and a private dock with boat slip. Cat5 ethernet outlets throughout support modern connectivity and home automation. This is a distinctive, architecturally significant waterfront retreat offering privacy, sustainability, and timeless design—ready for its next steward.

Property Details

Property type

Single Family Residence

Living area

2,837 sq ft

Bedrooms

4

Bathrooms

2 full · 1 half

Year built

1998

Lot size

4.5518 acres

Garage

2 spaces

Subdivision

Milam Ranch

County

Travis

Annual taxes

$25,430

Waterfront

Waterfront

Schools

Elementary

West Cypress Hills

Middle

Lake Travis

High

Lake Travis

Features

Interior

Breakfast Bar · Ceiling-High · Granite Counters · Primary Bedroom on Main · Study/Home Office · Walk-In Closet(s)

Exterior

Boat Dock - Private · Boat Slip · Uncovered Courtyard · Gutters Full

Flooring

Carpet · Stone · Wood

Heating

Central

Cooling

Central Air

Views

Hill Country · River · Trees/Woods · Water

Listing courtesy of Chad Mahagan, Moreland Properties. Information is provided by Unlock MLS (Austin Board of Realtors) and is deemed reliable but not guaranteed. Adrian Salas is not the listing agent for this property unless otherwise stated.