Villa Penelope

Icon Map Marker Watersedge At River Place, Austin

Bedrooms 4Bedrooms
Guests 8Guests
Bathrooms 6 + 1 HalfBathrooms

Inquire Now


Villa Penelope is an exquisite luxury lakefront residence nestled amongst majestic Pecan trees. Lush foliage and manicured flora overlook mesmerizing emerald waters setting apart a blissful nature treat. This stunning hacienda-styled manor is an icon of the Texan vacation market, offering an unmatched retreat for the most discerning clientele.

Old-world classicism meets country modern refinement in elegant free-flowing interiors. This unique estate delivers a gorgeous fusion of organic curvatures and sleek dimensions, harmoniously reconciling European romanticism with contemporary precision. Lovely building materials and organic textures are on full display, between rugged natural stone arches, elegant shiplap, natural exposed beams, and dynamic ceiling ornamentation. Echelons of floor-to-ceiling glass wrap along the intuitively configured floorplan, framing picture-perfect pastoral scenes. A glorious Tuscan-style gourmet kitchen with extravagant marble countertops pivots gracefully between the formal dining area glass encased salon, and elegant breakfast areas. Antique furnishings and 19th-century console elements impart a sense of timeless prestige to this lakefront vacation rental. Villa Penelope features four fantastic ensuite bedrooms that accommodate eight in total comfort, discretion, and luxury, while a flex room provides additional accommodation. The show-stopping master suite flaunts incomparable lake vistas, a built-in fireplace, a jacuzzi soaking tub, and a steam shower. Deluxe amenities include an in-home cinema, a game room, a fitness room, a private office, and a bar.

Outside, one is immediately drawn to the beautiful free-form swimming pool staggered over a lush hillside sloping to the glimmering waters below. This gorgeous Lake Austin vacation rental is complete with a dock and by-the-water patio beckoning on water adventure topped off with serene dusk dining. Soak in the indulgent pace of Lake Austin luxury living with quick access to gorgeous hiking trails, country clubs, and golf links.



  • Air Conditioning
  • Bar
  • Billiards Table
  • Cable/Satellite TV
  • Cinema Room
  • Dining Area
  • Fireplace
  • Game Room
  • Gym
  • Laundry
  • Office
  • Piano
  • Sound System
  • Wine Storage


  • BBQ
  • Boat Dock
  • Fire Pit
  • Jacuzzi Outdoor
  • Lounger and Chair
  • Outdoor Dining
  • Outdoor Sound System
  • Patio
  • Pool Outdoor Heated
  • Terrace


  • Water Front
Icon Form Close   Update Bem


Every detail of your stay has been meticulously considered; each luxury home has a dedicated on-site team, including a steward, housekeeping staff, and field manager.

Addon Services Background Image

Additional Services

To further elevate your stay, we offer additional services that include an on-site chef, pre-arranged chartered flights and yachts, access to exclusive establishments and events, and tailored experience packages.



Experts in the demanding fields of luxury home charters, service, and global luxury lifestyle and home management.


Confident in the quality of what we do and focused on the unique needs of an elite echelon of society.


Perceptive judges of conduct, tact and when to preserve appropriate silence preserving your privacy and safety.


Culturally discerning with refined elegant tastes that offers access to the world’s most rare elevated experiences.
Prive Intro Image

Enjoy Elite Privileges with LVH Membership

Apply Now
Icon Close

Domus Application Form

Domus is an invitation-only membership granted only to a few individuals who will meet the requirements of our rigorous selection process. It will require a significant investment, but upon admission will grant the member access to a comprehensive lifestyle program and exclusive premium services that include a dedicated team available to you around the clock. Reach out to our Client Relations Manager to begin the process.


We pride ourselves in delivering exquisite home charters, tailored experiences, and premium home and lifestyle management to our clients anytime and anywhere. Let us be your family’s curator of immeasurable moments.
Pattern Image V

Our community is our strength

Our exclusive community brings together a collective of trusted homeowners and guests who share a passion for refinement, elegance, and elevated human experiences. Become a member of our LVH family today, or for exclusive access to our ultra-premium services, upgrade your membership to Domus.
Icon Close

Inquire About Villa Penelope | Austin

Thank you for your interest. We will make every effort to accommodate you in this home. If this property does not satisfy all your needs, know that there are comparable homes in the vicinity. Please fill up this form and our Client Relations Manager will guide you through the process.
Icon Calendar
Icon Calendar