Monterey Homes is a boutique Austin-area builder known for large, upscale residences in some of the region's most established communities. With 49 homes in the MLS record spanning Austin, Lakeway, and Bee Cave, Monterey has built a clear niche in the million-dollar luxury segment. Their homes typically offer 5 to 6 bedrooms and 4,226 to 5,587 square feet of living space, well above what most production builders deliver at this price point.
Right now, Monterey Homes has 3 active listings in the Austin area, including homes in Steiner Ranch and Bella Colinas, with prices ranging from just over $1.1 million to $1.475 million. If you are searching for a larger luxury home in one of Austin's premier lake corridor neighborhoods, Monterey is worth a close look.
About Monterey Homes for Sale
About Monterey Homes
Monterey Homes is a smaller, boutique builder that has built a quiet but meaningful track record across the Austin metro, particularly in the Lake Travis corridor and established Northwest Austin communities. Unlike high-volume production builders who plant identical floor plans across hundreds of lots, Monterey takes a more selective approach, building a limited number of homes in communities where the land itself already carries significant value.
Their MLS history spans well over a decade, with 49 recorded transactions across six cities and more than a dozen distinct neighborhoods. That kind of sustained presence in the Austin luxury market without ballooning into a mega-builder says something about how they operate. They are not trying to be everything to everyone. They build larger, higher-end homes in places where buyers care about quality and location above all else.
Where Monterey Homes Builds
The heart of Monterey's Austin footprint is in the western lake communities. Their deepest concentration is in Steiner Ranch, a large master-planned community on the shores of Lake Travis where Monterey has completed 11 homes. Steiner Ranch consistently draws buyers looking for lake access, Hill Country scenery, and top-rated Leander ISD schools.
Beyond Steiner Ranch, Monterey has built across a broad stretch of West Austin and the Hill Country suburban corridor:
- Falconhead (6 homes), a golf course community in the 78738 zip code near Bee Cave
- Reserve at Hudson Bend (5 homes), a gated lakefront neighborhood off Hudson Bend Road with a current active Monterey listing priced at $1.395 million
- Bella Montagna (4 homes) and Bella Colinas (4 homes), two adjacent luxury communities in the Bee Cave area
- Rough Hollow (3 homes), a Lakeway community known for its Hill Country setting and lake access
- Barton Creek (2 homes), one of Austin's most recognized established luxury neighborhoods
Their reach also extends to Ranch at Brushy Creek in Cedar Park, where a 5-bedroom, 5-bathroom Monterey home sold for $1.495 million, and into Teravista in Round Rock. That geographic diversity reflects a builder who follows Austin's growth patterns rather than anchoring to a single developer's master plan.
Price Range and Home Styles
Monterey Homes builds at the upper end of the Austin luxury market. Their three current active listings are priced between $1,112,000 and $1,475,000. Looking across their full MLS history, closed sales have ranged from around $620,000 in 2018 up to $1,605,000 in 2022, with variation tied largely to community, lot size, and the year the home sold. Austin's appreciation over the last decade is reflected clearly in Monterey's sales history.
Their standard home profile includes:
- 5 to 6 bedrooms
- 3 to 5 full bathrooms
- 4,226 to 5,587 square feet
That square footage is substantially above Austin's average for new construction, and it reflects Monterey's focus on larger lots and more elaborate floor plans. One Rough Hollow home in their history reached 7,089 square feet, showing they have delivered some of the larger custom residences in their portfolio when the lot and buyer called for it.
What to Expect From a Monterey Home
Because Monterey builds in communities where the land itself carries real premium, you will typically find their homes on larger lots in established neighborhoods with mature trees, greenbelt backing, lake views, or golf course frontage. These are not starter homes or tract builds. Their communities are generally governed by HOAs with deed restrictions that protect the character and value of the neighborhood long term.
As a boutique builder, Monterey produces far fewer homes per year than a national or regional volume builder. That typically means the process is more hands-on and the product is more individualized. Buyers considering a Monterey home should have a buyer's agent involved early, particularly when evaluating lot premiums, included finishes, and how the spec compares to others in the same community. That kind of local market knowledge is exactly where Neuhaus Realty Group can help you make a confident decision.
Monterey's established history in Steiner Ranch, Falconhead, and the Bee Cave area communities also means they have worked through local permitting, subcontractors, and neighborhood covenants many times over. That experience tends to translate into smoother builds and fewer surprises at closing compared to a builder entering a neighborhood for the first time.
For Sale
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