Set across approximately 1.64 acres along one of the most celebrated stretches of Live Oak Golf Course, Felicidad & The Meadow present an extraordinary estate offering in the heart of Old Lakeway. Combining a remarkable 5,058-square-foot residence on 0.85 acres with an adjoining 0.79-acre parcel, this exceptional property brings together distinctive architecture, richly layered interiors, beautifully established grounds, and an abundance of possibilities in the original neighborhood that gave Lakeway its beginnings. Beyond the gated entrance, a winding approach through mature trees and landscaped grounds reveals Felicidad, a residence with an unmistakable sense of style. Inside, a dramatic entry gallery leads through graceful archways into an expansive great room, where soaring pitched ceilings with exposed beams, a striking wood-burning fireplace, and beautifully detailed built-ins create a magnificent setting. Generous proportions and distinct seating areas allow the room to unfold as a series of inviting gathering spaces. The interiors have a richness and depth that feel straight from the pages of Architectural Digest. Layered textures, warm wood tones, and an effortless mix of elegance and character give the residence its distinctive personality. Expansive windows frame the surrounding landscape, connecting the interiors to the mature grounds and golf course beyond. The kitchen features a substantial center island, granite countertops, DCS cooking appliances with a gas range and griddle, Sub-Zero refrigeration, dual dishwashers, a wine refrigerator, and a walk-in pantry. A stunning breakfast area provides a more intimate dining setting, while a dedicated office with its own powder bathroom offers privacy and flexibility. With four bedrooms, four full and two half baths, and a two-car garage, the residence lives primarily on the main level. The primary suite opens to a private patio and features a beautifully appointed bath with a soaking tub and dual vanities. Upstairs, a private guest retreat offers its own bathroom, kitchenette, and balcony overlooking the golf course and pond. Overlooking the second fairway and the famous third hole, affectionately known as "Jaws," at Live Oak Golf Course, the estate enjoys sweeping views across beautifully maintained greens. A heated saltwater pool and spa, expansive covered patio, fully equipped outdoor kitchen, pergola, and fire pit create exceptional outdoor living and entertaining spaces. A substantial pool bathroom adds convenience, while mature trees, lush landscaping, and vibrant sunsets complete the setting. The adjoining 0.79-acre parcel, known as The Meadow, transforms this offering into a remarkable 1.64-acre estate. Its expansive grounds provide the opportunity to create an extraordinary private compound, explore a second residence or guest house, introduce additional recreational amenities, or preserve the land as a beautiful extension of the existing landscape, subject to applicable approvals and restrictions. Together, the two parcels offer a level of space, privacy, and flexibility that is particularly compelling in established Old Lakeway. Just a short walk from the Live Oak Golf Course clubhouse and Lakeway Marina, the estate offers an exceptional connection to the Lake Travis lifestyle, with golf, boating, dining, shopping, and everyday conveniences close at hand, all within Lake Travis ISD. Felicidad & The Meadow represent a rare opportunity to own a distinctive architectural estate with substantial adjoining acreage, extraordinary golf course views, and the freedom to envision its next chapter in one of Lakeway's most treasured settings. This exceptional property is offered in three configurations: Felicidad at 429 Sunfish, featuring the 5,058-square-foot residence on 0.85 acres, offered at $2,450,000; The Meadow at 430 Sunfish, a 0.79-acre parcel offered at $700,000