Remarkable waterfront Mediterranean Villa tucked away in the gated community of Paleface Ranch just steps away from lake living on Lake Travis! Gorgeous hardwood flooring, stone accent walls, & beamed ceilings create a style as timeless as the lake & Hill Country views. Large windows & glass-panel french doors throughout the home allow for unobstructed scenic views. This prestigious home offers an expansive main floor living area featuring a breathtaking floor-to-ceiling stone fireplace, incredible views of the backyard & patio, & a dramatic vaulted ceiling enhanced with wood beam detailing. The gourmet kitchen is bound to impress you with sleek granite countertops, a center island for preparing meals, an abundance of storage space, & upscale stainless-steel appliances including a freestanding range & a wine refrigerator. The dining area is adjacent to the kitchen for easy entertaining & offers glass panel french doors that open to the back patio for an easy transition from indoor to outdoor living. The owner's suite is located on the lower floor & is complete with a beamed ceiling, a fabulous walk-in closet, direct access to a private patio, & a luxurious en-suite equipped with double vanities, vessel sinks, a large walk-in shower, & a deep soaking tub where you can relax with a glass of wine. The upper floor incorporates two spacious bedrooms, two full bathrooms, & a game room where you can curl up on the sofa with loved ones for movie nights. Outdoor living & entertaining will be a breeze with multiple patios for lounging & dining, a cozy fire pit where you can roast marshmallows with friends, a tram that provides easy convenient access to the lake & a waterfront cabana complete with an outdoor kitchen where you can whip up fresh food & drinks for your guests while they swim, boat, kayak, or lounge by the water. You'll love living away from the hustle & bustle of the city while maintaining a short commute to Downtown Austin. Schedule a showing today!