Significant Price Improvement! "Villa Del Lago" is a magnificent, private waterfront estate situated on 20+/- hillside acres of prime south shore lakefront with commanding panoramic views of Lake Travis. Within steps of the main house a dramatic open air pavilion with 20+/- foot ceilings, massive stone fireplace, two bars, and three bathrooms. The stand alone pavilion sits on a hillside with captivating, breath-taking views of the lake, massive waterfalls and breathtaking sunsets - a perfect venue for special events. The estates grounds, meticulously maintained landscapes and gardens featuring native Texas plants, trees, shrubs, all irrigated from a central pond enriched by water from Lake Travis and distributed throughout the property. Elegant and striking grottos with multiple dramatic cascading waterfalls artistically carved into the canyon hillsides, along with hand cut stone staircases, naturally blend into the estate creating a unique park like environment celebrated by all who visit including the myriad of wild songbirds that grace the area. Enjoy Lake views from most vantage points, the main house of nearly 15,400 square feet, features 6 bedrooms, 13 baths, 5 fireplaces, 2 kitchens, media room, home theater, library, hearth/formal living room, formal dining, wine cellar, and massive game room with a proper bar at the pool level. Gourmet chef's kitchen features Viking appliances, triple ovens, built-in fridge, and coffee machine, large center island with breakfast bar seating, separate bar island, and high-grade granite and marble counters. Extensive entertainment bar, game room, sitting, and piano area. A large private master suite features steam showers, his & her closets and bathrooms, garden Jacuzzi tub, and walk-out bedroom balcony. A negative edge pool comes complete with an outdoor bath, water slide, hot tub, fire pit, built-in grill, smoker, and mini-fridges. This is truly one of the finest luxury estates in all of Austin.