Paragon Realtors Real Estate

2825 Lake Air DriveWaco, TX 76710Price: $2,000,000

  • Price: $2,000,000
  • Est. Mortgage of $/month
  • 324 Days on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,000,000List Price
  • 3Bedrooms
  • 4Bathrooms
  • 3.54Acreage
  • 5,153Square Feet

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Listed by Matthew McLeod of The McLeod Company
An icon of Waco, this distinctive, architecturally significant property affords an uncommon opportunity to acquire Waco's most iconic estate home. Reimagined, restored, enhanced, and remodeled by the The Alford Company, this stately home now benefits from updated services, modern finishes, luxury Monogram appliances, a new, covered patio, and the addition of a fourth bathroom in the main home! ~~~ Revered for its prime location in Central Waco's acclaimed Hillcrest area, the last of its kind, this estate property boasts a 3.54 acre lot in the heart of the city that's as enchanting as it is private. Old growth trees, walled, garden patios, and abundant wildlife catch the imagination and transport residents to a private retreat, devoid of urban concerns; yet doing so without leaving any amenity, shopping, restaurants, schools, and attractions which are still just a few minutes away. There truly is nothing like this property's setting. ~~~ Constructed in 1957, the 5,153 square foot main home showcases a floorplan which is thoughtful, practical, and lends perfectly to both entertaining and quiet sequestration. The ground floor offers two full bathrooms, three living rooms (or two living rooms and a grand study), two dining rooms, the chef's kitchen, butler pantry, laundry room, and of course, the sprawling primary suite. Upstairs, two full baths, two bedrooms, and an office enjoy equally generous space. ~~~ Complimenting the main home, a 672 square foot guest home, complete with kitchenette, living room, private bedroom and ensuite bath all benefited from the comprehensive remodel. ~~~ Beyond the interior space, the park like grounds are peerless amongst homes in Waco. Spanning more than three acres, walking trails, verandas, covered patios, a green house, storage buildings, and even a smoke house are present; ensuring accommodation for any occasion. ~~~ Distinctive, notable, and impressive; this landmark property must be seen to be appreciated.

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Based on information submitted to North Texas Real Estate Information Services as of May 14, 2026 10:21 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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