Costa Bella
Costa Bella is Lake Travis's Mediterranean-style gated enclave — just 62 homesites on 140 acres with a 72-slip private marina. Only 14 lots are true waterfront, and the owners know exactly which ones.
Costa Bella is Lake Travis's Mediterranean-style gated enclave — just 62 homesites on 140 acres with a 72-slip private marina. Only 14 lots are true waterfront, and the owners know exactly which ones.
Last updated: September 21, 2026 · By Johnny Ronca, SERHANT. Luxury Associate Broker
Key Takeaways
Costa Bella is a 62-home community, which means I usually know who's thinking about selling long before a sign goes up. I work this stretch of RR 620 — Costa Bella, Vineyard Bay and Rough Hollow — every week. If you want first look, let's talk.
Johnny Ronca · (512) 797-0965 · [email protected]
Pocket Listings — Not on Zillow
The best Costa Bella homes often trade before they ever hit Zillow, Realtor.com or the public MLS.
With only 62 homesites, Costa Bella owners often prefer a private, pre-market conversation over a public launch — especially on the waterfront lots. Call me before you search anywhere else — the good ones move fast and won't wait for an open house.
No source publishes a Costa Bella median — the community is too small — so I price from individual sales. Several recent homes sold well under their original asking price, which tells you pricing discipline matters here. Metro context: the Austin metro sits around a ~$440K median, ~4.7 months of inventory and ~67 days on market — so compare honestly.
I've been selling Austin luxury real estate for 20 years, and Costa Bella is one of those addresses where, when someone tells me they live there, I immediately know three things about them: they wanted a real gate and a real marina, they care about architecture, and they didn't want to be one of 3,000 homes in a master plan.
Costa Bella is a gated community on the south shore of Lake Travis, reached from RR 620 via Bella Boulevard and Costa Bella Drive, between Mansfield Dam and Lakeway.
Falcon Group developed it beginning in 1999 — 140 acres and just 62 homesites, which won the Capital Area Builders Association's "Best Overall Community under 150 Units" award. The architecture is consistently Mediterranean, which gives the whole community a cohesive, European feel.
The lots break down into 14 waterfront, 21 lake-view and 27 hill-country-view homesites, from about 1 to 4 acres. The HOA — The Costa Bella Waterfront Community — runs a 72-slip private marina, a lake-view clubhouse, pool and spa, lighted tennis and basketball courts, a fitness room and trails.
Non-waterfront owners get lake access through the marina, and some listings include a slip. As with any Lake Travis community, confirm exactly which slip conveys with a given home.
Bands are based on 2025–2026 sales and listings, not a published statistic.
Costa Bella is served by Lake Travis ISD. Homes are typically zoned to Lake Travis Elementary, Hudson Bend Middle and Lake Travis High School. (Confirm assigned campuses for any specific home.)
The design-minded buyer — Wants a cohesive, Mediterranean-style community rather than a mix of styles on every street.
The boat-first family — Wants a marina slip and top schools without paying for the waterfront itself.
The second-home owner — Lives part of the year elsewhere and wants a gate and an HOA that keeps things buttoned up.
Costa Bella residents live along the RR 620 corridor, with Lakeway's restaurants and shopping a few minutes away and the Hill Country Galleria in Bee Cave a short drive south.
Close to home: The Oasis on Lake Travis and Infamous Brewing Co. are easy evening outings, and Mansfield Dam Park is the nearest public lake access. Check current hours before you go — this corridor's restaurant scene changes.
Costa Bella and Vineyard Bay sit side by side and share the same schools; the choice usually comes down to architecture, lot size and which marina you prefer. Rough Hollow is the pick if you want new construction and more social amenities. I'm happy to tour all three with you in one afternoon.
Costa Bella rewards precise pricing. With 62 homes and very different lot types, a waterfront lot and a hill-country lot can sit on the same street and be worth $1.5M apart. I've learned this corridor lot by lot, and it's the difference between a house that sits for four months and one that sells.
Costa Bella is a gated, Mediterranean-style community on Lake Travis's south shore off RR 620 (zip 78734). It has 62 homesites on 140 acres and a 72-slip private marina, developed by Falcon Group starting in 1999.
Costa Bella is in Lake Travis ISD, typically zoned to Lake Travis Elementary, Hudson Bend Middle and Lake Travis High School.
Recent sales ran from about $2.25M to $4.16M, and September 2026 listings range from about $2.8M to $3.75M. Waterfront homes sit at the top of that range.
Only 14 of the 62 homesites are true waterfront. The rest are lake-view or hill-country-view lots, with lake access through the community marina.
Yes — a private 72-slip marina for residents. Some non-waterfront listings include a slip, so confirm what conveys with any specific home.
About 22 miles, or roughly 30–45 minutes depending on RR 620 traffic. Downtown Lakeway is about 4 miles away.
Recent listings show dues of roughly $3,000 to $4,500 a year. Confirm the current amount with the HOA for a specific lot type.
Much of the housing stock dates to 1999–2004 and may need updating, taxes run about 1.68%, recent homes have sat 76–116 days with price cuts, and Lake Travis levels swing in drought years.
Its small size, gate and marina support long-term demand, but thin sales make pricing tricky. Buy the right lot type at the right price and it holds value well.
Still have a question about Costa Bella? Call or text me at (512) 797-0965 or book a quick call.
Vineyard Bay Real Estate · Rough Hollow Real Estate · The Peninsula at Rough Hollow Real Estate · Hudson Bend Real Estate · Travis Landing Real Estate · Lake Travis Real Estate
Whether you want one of Costa Bella's 14 waterfront lots or a hill-country home with a marina slip, I'll tell you what's really available — on and off the market. Johnny Ronca · (512) 797-0965 · [email protected] — or book a quick call: calendar.app.google/Mmtr3L3D16VRD7fQ9
Johnny Ronca
SERHANT. Luxury Associate Broker · 20+ Years · 300+ Transactions · $250M+ Sales
📞 (512) 797-0965 | ✉️ [email protected] | 📅 Book a call
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