406 Lakeway Drive, Allen, Texas

$4,800,000

0.75 Acres
7,400 Sqft.
5 Bedrooms
5 Bathrooms
Built in 2018
1 Days on Market

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Modern Contemporary Estate with Timeless Design and Panoramic Golf Course Views. Situated on a pristine 0.75-acre lot overlooking the award-winning Arnold Palmer Signature Golf Course at Twin Creeks, this five-bedroom custom estate is the epitome of luxury living. Designed with a modern-contemporary aesthetic, the home seamlessly blends timeless elegance with striking architectural detail. From the moment you enter, you’re greeted by a dramatic mosaic stone feature wall and a floating glass staircase that sets the tone for the exceptional quality throughout. A robust study with built-ins, and French doors. The residence showcases hand-selected designer light fixtures, natural stone and wood flooring. The expansive gourmet kitchen anchored by an expansive quartz island features top-of-the-line stainless steel appliances, superior custom cabinetry, and gas cooktop provides a chef-grade experience. Entertain with ease thanks to a first-level media room, separate wet bar, and open-concept living spaces designed for flow and function. The main floor also includes a luxurious primary suite with views to the oasis style -pool and golf course that carves a tree-lined view and privacy. You will also find a guest bedroom suite on the first level, ideal for guests or in-laws. The second level provides a game room for family entertaining and additional spacious bedrooms. The Bonus Room on 2nd level as optional 6th bedroom, bathroom or home gym. Step outside to your private oasis featuring a custom-designed pool and spa, eye-catching fire pit and a fully equipped outdoor kitchen with grill and fireplace—perfect for year-round entertaining. Located in a private gated enclave within Twin Creeks, this estate offers unparalleled privacy and direct access to one of Texas’s premier golf destinations. Enjoy easy access to top-tier amenities including Legacy West, Stonebriar Country Club, and The Star in Frisco. Freeways.

School District: Allen ISD

Dallas MLS #: 21253239

Representing the Seller: Listing Agent Christina White; Listing Office: Compass RE Texas, LLC

Representing the Buyer: Contact realtor Douglas Newby of Douglas Newby & Associates if you would like to see this property. Call: 214.522.1000 Text: 214.505.9999

Property Overview

  • Listing Price: $4,800,000
  • MLS ID: 21253239
  • Status: For Sale
  • Days on Market: 1
  • Updated: 5/4/2026
  • Previous Status: For Sale
  • MLS Start Date: 5/2/2026

Property History

  • Current Listing: $4,800,000

Interior

  • Number of Rooms: 5
  • Full Baths: 5
  • Half Baths: 1
  • Interior Features:

    Built-in Wine Cooler

    Cable TV Available

    Decorative Lighting

    Flat Screen Wiring

    High Speed Internet Available

    Multiple Staircases

    Paneling

    Smart Home System

    Sound System Wiring

    Wet Bar

  • Flooring:

    Carpet

    Stone

    Wood

Parking

  • Parking Features:

    Garage Door Opener

    Garage Faces Side

    Oversized

Location

  • County: Collin
  • Directions: From North Central Expressway (US 75) exit W. McDermott and proceed west approx. 3 miles to Lakeway Drive. Turn right onto Lakeway and proceed thru entrance gate. Continue on Lakeway, home on right. Have your Drivers License available 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

    Natural Gas

Utilities

  • Utility Description:

    All Weather Road

    City Sewer

    City Water

    Concrete

    Curbs

    Individual Gas Meter

Lot Features

  • Lot Size (Acres): 0.75
  • Lot Size (Sqft.): 32,670
  • Lot Description:

    Acreage

    Few Trees

    Interior Lot

    Landscaped

    Lrg. Backyard Grass

    On Golf Course

    Sprinkler System

    Subdivision

  • Fencing (Description):

    Wrought Iron

Financial Considerations

  • Price per Sqft.: $649
  • Price per Acre: $6,400,000
  • For Sale/Rent/Lease: For Sale

Disclosures & Reports

  • Legal Description: Estates of Twin Creeks #1
  • Restrictions: Deed
  • APN: R-9321-00D-0180-1
  • Block: D

If You Have Been Referred or Would Like to Make an Introduction, Please Contact Me and I Will Reply Personally

Douglas Newby represents clients with Dallas estate homes, architect designed homes and modern homes. Call: 214.522.1000 Text: 214.505.9999

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

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