What: This Mediterranean-style house on the shores of Lake Travis makes the most of lake views, with huge windows and three levels of back decks.

The house was built in 2004 by Hugo Pereyra, the designer and builder of Sierra Custom Homes. Pereyra's company has built houses in the Costa Bella neighborhood, as well as in the Hills of Lakeway and Vineyard Bay.

The three-story house sits on a 1.16-acre lot in a gated community called the Waterfront, in the city of Lakeway. The Waterfront neighborhood has fewer than 40 houses.

The wrought-iron and glass front door opens to a three-story foyer under a hand-painted dome.

To the right of the foyer is a library with cherry paneling, cherry cabinets, built-in shelves and hardwood floors.

The master suite is next to the library. The master bedroom has large windows with views of the lake and its own door to the pool. The master bathroom has a large jetted tub, a towering ceiling similar to the one in the foyer and a walk-through shower with two doors.

The living room has a wall of seamless glass that overlooks the pool, patio and Lake Travis.



Next to the living room, the kitchen has two islands, granite counters and stainless-steel appliances. There are two dishwashers, two ovens, cherry cabinets, and a butler's pantry with a sink and ice maker. A temperature-controlled wine room is adjacent to the butler's pantry and the formal dining room.

This house has five bedrooms, five bathrooms, three half-bathrooms and 6,797 square feet.

Where: 29 Waterfront Ave., Lakeway, 78734

Amenities: The negative-edge swimming pool is heated. Other outdoor amenities include a hot tub, a circular seating area with a fire pit, covered patios and an outdoor kitchen with a grill and sink.

A private tram connects the back decks with the boat dock. The tram adjusts to different water levels. The boat dock is covered and has a storage area, as well as a swing from the roof.

Agent: Tommy Cokins, broker

Asking price: $4.1 million

FYI: The main floor of the house holds the kitchen, breakfast area, living room, dining room, foyer, library, master suite and another bedroom and full bathroom.

The lower floor has a home theater and a pool room with a pool table and flat-screen TV.

The house has surround sound, a security system and a central vacuum system. The house has four zones of air conditioning, as well as a four-car garage.

The upper story has three full bedrooms, all of which open to the third-story back deck, and three full bathrooms. It also has an exercise room.