$450,000

Imagine living less than five miles from downtown Austin, yet coming home to a neighborhood where the Colorado River sets the pace. In Knollwood on the Colorado River, this inviting single-story residence offers an uncommon combination: effortless city access, a peaceful residential setting, and a private gated waterfront park typically associated with far more expensive communities. The annual HOA fee? Just $275.A shaded front lawn and welcoming patio introduce the home's relaxed appeal. Inside, an airy, open-concept living, dining, and kitchen arrangement pairs a timeless neutral palette with an easy flow for gathering or unwinding. Granite countertops, stainless steel appliances, a central island, and breakfast bar make the kitchen both practical and inviting. The private primary suite feels like a retreat, with a vaulted ceiling, dual vanities, soaking tub, separate shower, and walk-in closet. Two additional bedrooms offer generous storage and flexibility for guests or a home office, while the two-car garage and attic provide welcome extra space. Out back, a shaded patio offers a quiet setting for morning coffee or evening conversation.But the lifestyle extends well beyond the front door. Reserved for residents of this intimate 249-home community, the gated 12-acre riverfront park features a mowed hike-and-bike trail, picnic areas, tree swings, and a canoe and kayak launch on the Colorado River. Two additional neighborhood parks add to the appeal, while nearby access to the Walnut Creek trail connects residents toward Govalle Park and downtown, as well as the YMCA and Austin Tennis Center. The Mueller district, Austin-Bergstrom International Airport, and Circuit of the Americas are all within convenient reach.Here, the truly rare luxury isn't simply proximity to downtown. It's the ability to trade the city's energy for the serenity of a private riverside escape, without paying a waterfront-home premium. A remarkable Austin lifestyle, hiding in plain sight.