408 Lakeway Drive, Allen, Texas

$5,398,000

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0.75 Acres

9,628 Sqft.

5 Bedrooms

5 Bathrooms

Built in 2013

263 Days on Market

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This luxury estate presents a rare opportunity to own one of the most compelling properties in Allen and the greater North Dallas area. Designed for both grand entertaining and everyday living, the home features expansive living spaces, refined architectural details, and seamless indoor-outdoor flow. From soaring ceilings to high-end finishes, every element reflects quality and sophistication. The chef’s kitchen, multiple living areas, and resort-style outdoor setting create an ideal environment for hosting and relaxation alike. Conveniently located near premier amenities, dining, and major corridors, this property offers a unique combination of privacy, accessibility, and luxury.

School District: Allen ISD

Dallas MLS #: 21047977

Open House: Public: Sun May 31, 5:00PM-8:00PM

Representing the Seller: Listing Agent Phat Ha; Listing Office: Citiwide Properties Corp.

Representing the Buyer: Contact realtor Douglas Newby of Douglas Newby & Associates if you would like to see this property. 214.522.1000

Property Overview

Listing Price: $5,398,000
MLS ID: 21047977
Status: For Sale
Days on Market: 263
Updated: 5/27/2026
Previous Status: For Sale
MLS Start Date: 9/5/2025

Property History

Current Listing: $5,398,000
Original Listing: $5,899,000

Interior

Number of Rooms: 5
Full Baths: 5
Half Baths: 1
Interior Features: Central Vacuum Chandelier Decorative Lighting Eat-in Kitchen Granite Counters In-Law Suite Floorplan Kitchen Island Multiple Staircases Natural Woodwork Open Floorplan Smart Home System Sound System Wiring Walk-In Closet(s)Second Primary Bedroom
Appliances: Air Purifier Call Listing Agent Home Theater Intercom Irrigation Equipment Satellite Dish
Flooring: Hardwood Marble Travertine Stone

Parking

Parking Features: Carport Circular Driveway Driveway Electric Gate Epoxy Flooring Garage Door Opener Garage Double Door

Location

County: Collin
Directions: From North 75, make a Left turn on Mcdermott Dr, and a Right turn on Lakeway Dr. ID required for entry at the gate.

Community

Home Owners Association: Mandatory

School Information

School District: Allen ISD
Elementary School: Evans
Middle School: Ereckson
High School: Allen

Heating & Cooling

Heating/Cooling: Central ENERGY STAR Qualified Equipment ENERGY STAR/ACCA RSI Qualified Installation Natural Gas

Utilities

Utility Description: City Sewer City Water Electricity Connected Individual Gas Meter Individual Water Meter Natural Gas Available Phone Available

Lot Features

Lot Size (Acres): 0.75
Lot Size (Sqft.): 32,670
Lot Description: Greenbelt Interior Lot Irregular Lot Landscaped Level Lrg. Backyard Grass On Golf Course Sprinkler System Tank/ Pond
Fencing (Description): Back Yard Perimeter Privacy Wrought Iron

Financial Considerations

Price per Sqft.: $561
Price per Acre: $7,197,333
For Sale/Rent/Lease: For Sale

Disclosures & Reports

Legal Description: ESTATES OF TWIN CREEKS PHASE I (CAL), BLK D,
Disclosures/Reports: Owner/ Agent
APN: R932100D01701
Block: D

Categorized In

Price: Over $1.5 Million $3 Million to $7 Million
Style: Mediterranean
Neighborhood: Allen, Texas

Contact Realtor Douglas Newby for Insights on Property for Sale

Douglas Newby represents clients with Dallas estate homes, architect designed homes and modern homes.

Listing provided courtesy of North Texas Real Estate Information Systems (NTREIS)

We do not independently verify the currency, completeness, accuracy or authenticity of the data contained herein. The data may be subject to transcription and transmission errors. Accordingly, the data is provided on an ‘as is, as available’ basis only.