503 Explorer, Lakeway TX 78734

One of the Grand Dames of Old Lakeway, this 5-bedroom, 4.5-bath home blends the character and charm of an earlier era with thoughtful updates from an approximately $200,000 remodel completed in 2024, including recent flooring. Its split-level floorplan creates a natural separation of living spaces, with the primary suite, dining room, office, and kitchen occupying the upper level. Large picture windows bring the surrounding treetops into view, creating the feeling of living among the canopy, with glimpses of Lake Travis beyond. The main living area shares a fireplace with the family room that boasts a breakfast nook and bar area and opens to the expansive rear terrace with a spiral staircase to the pool area. The kitchen features a massive center island, stainless steel appliances, and a dumbwaiter connecting directly to the garage for bringing up groceries. The primary suite offers terrace access and an updated, spa-inspired bath with a freestanding tub, dual showers, and a heated bidet toilet. The lower level offers 4 bedrooms, including 2 ensuite bedrooms and two bedrooms connected by a Jack-and-Jill bathroom. The flexible floorplan accommodates a variety of needs, whether for family, guests, a home theater, or additional workspace. One of the downstairs ensuite bathrooms also offers direct outdoor access from the pool area. Outdoor living is equally appealing, with a covered patio, pool, and spa surrounded by mature trees that lend shade, privacy, and a sense of established character. A 3-car garage offers parking and storage, while the circular guest driveway adds to the property’s distinctive curb appeal. The Lakeway location places residents near the area’s golf courses, Lake Travis recreation and marinas, parks and trails, and a variety of local dining and shopping. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified. Interior photography coming soon.