Back on market - buyer did not move forward with closing due to personal reasons unrelated to the property. Rare opportunity in the heart of Lakeway-an exceptional flat 1.31-acre homesite, originally comprised of two lots, offering a separate ~0.7-acre portion ideal for a future residence or ADU, or a private sports court. This quality-built, estate-style single-story home spans over 3500 square feet and features 4 bedrooms, soaring ceilings, expansive living spaces, and seamless indoor-outdoor flow. The chef's kitchen opens to the main living area, while the spacious primary suite offers a true retreat with a spa-like bath and private patio access. A dedicated study provides the perfect work-from-home space, and a well-appointed dining area enhances everyday living. A charming courtyard entry enhances the home's character, while the detached three-car garage is connected by a breezeway, offering both privacy and convenience. An ensuite guest quarters with private access to the pool and outdoor living area provides ideal accommodations for guests or multi-generational living. The property backs to a greenbelt, offering exceptional privacy, and is located on a quiet street with little traffic. Outdoor living is exceptional, featuring a resort-style pool and spa, multiple covered patios, and a separate pavilion with a fire pit-perfect for entertaining. The low-maintenance grounds offer both beauty and ease, all just minutes from Lakeway amenities, golf, and Lake Travis.