Gracing the coveted shores of Lake Austin, this compound in the making is situated on 1 acre of pristine land with over 100 feet of precious waterfront. This property offers both instant gratification and the opportunity to create your own signature estate if you wish, ideally situated on one of Westlake's most coveted streets, Rockcliff Road, and in the acclaimed Eanes School District. The 'Price As Is' Includes: an already built 3200 Sq Ft Lakefront home, grandfathered in and a mere 15 ft from the waterfront, a covered two story / two slip boat dock, and permitted plans for an additional new construction 7400 Sq Ft Primary Residence. The lakefront home is designed to maximize the spectacular scenery with floor to ceiling glass sliding doors, expansive balconies and patios which create seamless indoor to outdoor living. Nature abounds with soaring pecan trees and sweeping views of the lake, creating an abode ideal for both relaxation and entertaining. Showcasing premium finishes throughout, the kitchen boasts Wolf | Sub-Zero appliances and quartzite natural stone countertops along with custom cabinetry. Two large primary bedroom suites, an additional bedroom and bathroom, and multiple living spaces offer many zen spaces to enjoy. This modern and luxurious lake house also presents the very best lake lifestyle Austin has to offer with direct access to all of your lake adventures with your very own boat dock with second story entertainment lounge right over the water. The foundation slab and all utilities are in place for the to be built Primary Residence, the current builder is ready to complete the project or you have the opportunity to bring your own builder. This is a rare opportunity to start enjoying all that Lake Austin waterfront living has to offer now, while being able to create and customize an additional home, expanding your lakeside oasis to its full potential.