Mediterranean-Style Retreat on Lake Austin3111 Ski Shores Terrace offers a rare opportunity to own a Mediterranean-style retreat on one of Lake Austin’s most coveted stretches. Privately gated, this .4-acre property ensures unparalleled privacy and serenity. With five bedrooms, five full bathrooms, and two powder rooms, the home boasts travertine floors, granite countertops, and antique plaster walls, creating a timeless blend of luxury and warmth. Unique design features include custom doors and wood trim imported from Central America, copper fixtures throughout, and a stunning sunroom with antique barn wood beams and a custom lamp from the Middle East. The property’s four-car garage, cedar closet, and full gym add to its functional elegance, while a large recreation or studio room offers versatility.The outdoor living spaces are nothing short of spectacular. A large zero-edge pool, hot tub, and multiple decks provide serene spots to unwind, all with breathtaking views of Lake Austin. A private boat dock with an upper party deck ensures effortless lake access for boating and entertaining, while a large outdoor fireplace, grill, and fenced-in backyard are perfect for hosting gatherings. The home features a custom aviary, water feature, and an impressive outdoor setting designed for year-round enjoyment. With a unique copper-walled bathroom, a saltwater reef tank, and custom tilework throughout, every detail has been thoughtfully curated for luxury and comfort.Beyond its exceptional design and amenities, this property is a lucrative investment, averaging $300,000 in annual short-term rental income. Its proximity to local landmarks like Ski Shores Cafe and the 360 Bridge adds convenience and charm, while the absence of HOA fees enhances its appeal. Most furniture and artwork are included, making it a turnkey opportunity for immediate enjoyment or rental use.