La Villa Vista
Austin, TX
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La Villa Vista is a one of-a kind Mediterranean style bed and breakfast located at 6701 Oasis Pass in Austin, Texas. Built in 1984, the Villa sleeps 12 people across its 5 private suites. Noted as “The Italian Riviera on Lake Travis”, the property is situated along a natural cliff providing both sunrise and sunset views like its famous neighbor, The Oasis on Lake Travis.
Due to The Villa’s unmatched location and performance, the opportunity exists to step into a well-performing business. However, the property provides opportunity with many different angles to add value. Of the 264± linear feet of Lake Travis views, the current layout utilizes only 95± feet. With room to extend access to these views near the pool area and driveway, new ownership will have the opportunity to add more units or extended common areas. Also, it is believed the current rental rates have not hit their ceiling. The average nightly rate of $265 stays consistently booked, and no other bed and breakfast property has the views or layout as special as La Villa Vista. The property does have the capability to be run as a luxury bed and breakfast as new ownership can undertake renovations catering to higher end clients. Lastly, The Villa has proven to be a perfect space for events such as weddings, corporate and private retreats. With limited staff on hand, current ownership has scaled back on hosting such events, which were once key profit drivers for the property.
Property Details- 5 Guest Rooms
- 5 Guest Room Baths
- Has Owner's Quarters
- Built in 1984
- Opened in 1984
- Building is 5,200 SQFT
- Lot is 0.31 Acres
- Photo Gallery
- Property Website
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