Rare opportunity in the heart of highly sought-after Balcones/Northwest Hills. Offered for the first time in over 40 years, this exceptional property presents a chance to own one of the area's most special homesites - an opportunity that may not come available again for decades. Tucked away on a quiet cul-de-sac, the approximately 0.80-acre lot offers a rare combination of privacy, mature trees, hill country setting, and lake views from its elevated position above neighboring properties. The single-story home spans approximately 3,358 square feet and features spacious living areas, abundant natural light, timeless mid-century character, and ensuite bathrooms for every bedroom. Recently brought into move-in ready condition, updates include fresh interior paint throughout, including vanities and built-ins, along with newly installed front and backyard sod supported by a private irrigation well. Zoned to the coveted Casis Elementary, O. Henry Middle School, and Austin High School track - the same highly regarded schools associated with Tarrytown - the property combines premier location with incredible long-term potential. Enjoy the home as-is, remodel and expand over time, or create a truly world-class estate in one of Central Austin's most desirable neighborhoods. Just minutes from Downtown Austin, Lake Austin, The Domain, shopping, dining, and major thoroughfares, this is a rare blend of lot size, privacy, views, and location in 78731.