15016 Flat Top Ranch Rd BELLAGIO FALLS ON LAKE AUSTIN Bellagio Falls is a preserve-backed Lake Austin estate spanning over six acres with approximately 600 feet of waterfront. Completed in 2018, the nearly 10, 000-square-foot residence offers six bedrooms and 6.5 bathrooms, blending Texas ranch character with refined Santa Barbara architectural influence. A defining feature of the property is the series of cascading waterfalls integrated into the landscape, creating a natural soundscape and visual focal point that frames long lake views. Combined with its extensive frontage, the estate provides meaningful separation and privacy rarely found on Lake Austin. The residence includes expansive living areas, inlaid Texas mesquite flooring, a media room, billiards room, and a game room with an official-size shuffleboard. A newly constructed resort-style pool and two-story boat dock extend the estate to the water. A four-car garage, private orchard, and ample room for future additions such as a casita or sport court provide flexibility without compromising scale. The property is surrounded by greenbelt secured through recorded deed restrictions filed with the county, ensuring long-term protection from future development. Across the water lies the Balcones Canyonlands Preserve, federally recognized conservation habitat managed by the City of Austin. The result is open shoreline, reduced congestion, and enduring privacy. Mature oak trees, a century-old heritage pecan, bald cypress, sycamore, mulberry, and fruit trees anchor the grounds, reinforcing the estate's established and intentional landscape. Bellagio Falls represents a rare combination of scale, protected surroundings, and architectural presence in one of Lake Austin's most desirable stretches.