Austin's most expensive home listing: Inside the $25M property of Torchy's Tacos founder
Nestled in between Lake Austin and the city's northwest hills there's a spacious paradise that is now the most expensive home on the market in Austin, according to Redfin.
Located at 4705 & 4709 Island Cv, prospective buyers can purchase the main home and an additional lot for $19 million. However, if said buyer prefers instead to keep the whole 5-acre lot intact, they can buy all three properties for $25 million, according to Moreland Properties.
According to information from public documents, the owner is Mike Rypka, founder of Austin-favorite Torchy's Tacos. After first buying the two initial properties, Rypka added a third, adjacent property on Island Avenue in 2020.
The home, which was updated by Britt Design Group, was designed with entertaining as an emphasis. Centered around the idea of luxurious waterfront living, the privately gated property is relatively secluded, but still only a 15-minute drive from downtown Austin.
The main house is fitted with a multi-level floor plan that opens with a grand foyer that leads to views of Lake Austin from the rotunda-style living room — which overlooks the sparkling pool and lake below. The main level also features formal and informal dining areas, a chef's kitchen with a walk-in freezer, a catering kitchen and a lounge with a walk-in humidor to socialize after meals.
Beyond the communal areas of the house, the primary suite offers a dedicated sitting area, dual walk-in closets, a backlit granite shower in the spa-like bathroom and a flexible living area that rounds out the wing.
In total, the home contains eight living spaces, including a game room and a lower-level pool lounge, while containing an abundance of spaces that elevate gatherings or grand events. The amenities in this home can also be found outdoors as they continue with a pool, hot tub, swim-up bar, and a fully equipped outdoor kitchen — again, designed to be perfect for hosting lively poolside gatherings in the summer.
The house also has three guest rooms, a lower-level kitchenette, a saferoom, a three-car garage and a 2-slip boat garage to ensure both comfort and convenience for guests and owners alike.
The second component to the compound is located at 4400 Island Avenue and complements the main estate with a charming continuation of the standards in the main house. Currently used as the ultimate retreat, this property boasts a 5-bedroom main house, a detached 1-bedroom casita, and access to a tranquil canal on Lake Austin with a boat dock.
The third and final element, located at 4709 Island Cove, is a 2.13-acre tree-dotted lot that sits between the two aforementioned properties and offers the option for future expansion or to be maintained as a green space, providing additional privacy.
Beck Andrew Salgado covers trending topics in the Austin business ecosystem for the American-Statesman. To share additional tips or insights with Salgado, email Bsalgado@gannett.com.
This article originally appeared on Austin American-Statesman: Look inside the $25M mansion being sold by Torchy's Tacos founder
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