2932 Oestrick Lane presents a rare opportunity to enjoy one of Austin s most coveted waterfront lifestyles, set on approximately 1.79 private acres along an exceptionally secluded street. Beyond the existing residence, architectural plans have been drawn up for a remarkable waterfront estate with a guest house, gym, home theater, pool, caretaker s quarters, and more, offering a compelling vision for future expansion.This Lake Austin retreat features a two-level dock with a boat slip and bar, inviting days spent on the water and effortless entertaining at the lake s edge, with a picturesque cliffside across the water protecting the property s privacy. The charming waterside cottage boasts tranquil lounging areas that capture the relaxed elegance for which Lake Austin is known. Inside, walls of windows frame sweeping lake views and open directly to a generous deck, creating a seamless connection between indoors and out. Vaulted ceilings and a fireplace in the living room flow into an open-concept kitchen and dining area designed for gathering, equipped with high-end stainless steel appliances and an oversized island. Spacious bedrooms and beautifully finished bathrooms provide comfort and elegance to the lakeside escape. A loft upstairs offers additional space for sleeping or lounging, enhancing the home s flexibility.Outdoor living is a highlight, with a fully equipped kitchen featuring a grill and pizza oven, a built-in hot tub on the deck, and multiple areas for waterside relaxation.  Located within acclaimed Eanes ISD, this property combines exceptional privacy, lifestyle, and long-term potential on one of Lake Austin s most desirable stretches.