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Southern Rock City's Lakeside Manor

Location: Austin, Tex.
Price: $12,900,000
The Skinny: Nationally known for its live music scene, Austin, Tex., played host this past weekend to the annual Austin City Limits music festival. That event comes around just once a year, but the next owner of this seven-acre spread on Lake Austin could host their own version on the sprawling lawns. For that matter, the headliners would have plenty of space to house their entourage in the compound's nine bedrooms. Even for the tone-deaf among us, this manse offers plenty of rock-star amenities, including a boathouse, indoor swimming pool, and three full kitchens. The seller is tobacco entrepreneur Robin Sommers, developer of the American Spirit brands.
· 7014 Greenshores Drive [Sotheby's]