Emma Stone has officially said goodbye to her meticulously renovated Austin mansion, selling the jaw-dropping property for approximately $23.5 million. The Oscar-winning actress never actually moved in. After a four-year renovation journey that transformed a 1940s Georgian estate into one of Austin’s most spectacular homes, Stone and husband Dave McCary decided their careers in New York and Los Angeles wouldn’t allow the Texas relocation they’d originally planned.

The sale represents a massive win for Stone’s real estate portfolio, netting an estimated $8 to $12 million profit on top of recouping her $11 million renovation investment.

Located at 2109 Rockmoor Avenue in Austin’s prestigious Tarrytown neighborhood, Stone’s compound sprawls across 1.24 acres of oak-shaded paradise. The property encompasses roughly 10,000 square feet of living space, featuring a seven-bedroom main house (reconfigured to four during renovation), a two-bedroom guest house with its own full kitchen, and a three-car garage topped with a sophisticated screening room and entertainment bar.

The Georgian-style brick mansion dates back to the 1940s, making it one of Tarrytown’s oldest gems. Stone’s team preserved the home’s historic bones while executing a complete interior transformation. Award-winning Austin architecture firm Cuppett Kilpatrick designed every detail to balance Old World craftsmanship with contemporary luxury.

Four-Year Labor of Love Renovation

Stone and McCary

Stone and McCary purchased the estate off-market in 2021, the same year their daughter Louise was born. Their vision? Restore the property and relocate their family to Austin full-time. What followed was an ambitious renovation that would span over four years, with work continuing even after the couple realized they couldn’t make the move.

County records show over $11 million in improvements since 2021, including $3.5 million logged in 2024 alone. The project involved removing and reconfiguring exterior brick, completely redesigning the kitchen and living room layouts, and installing museum-quality finishes throughout. The architects maintained original architectural details like arched doorways and wood-paneled ceilings while threading in luxurious modern amenities that today’s homeowners expect.

Design Details

The dramatically reimagined kitchen features unexpected pink floral-embellished tiles that create a whimsical backsplash behind professional-grade appliances. A substantial dark wood island with marble countertop anchors the space, featuring a secondary sink and extensive seating. The reconfigured layout opens seamlessly to dining and living areas, all flooded with Texas sunlight through floor-to-ceiling windows.

The upper-level primary bedroom suite showcases Stone’s bold design choices. The bathroom features deep burgundy tilework covering lower walls and floors, creating dramatic contrast against white marble countertops. A statement soaking tub commands attention as the room’s sculptural centerpiece.

The adjoining dressing room deserves its own shoutout. It features pale floral wallpaper in soft, romantic patterns, plus a walk-in closet with an enormous mirrored wall and ornately carved lattice ceiling detailing. The seemingly endless storage options make this closet what listing materials call “the epitome of luxury.”

The compound includes nine additional full bathrooms and two powder rooms, a paneled library perfect for quiet reading, and a solarium that represents peak Austin living. This window-lined space features its own kitchen island and easy pool access, blurring the boundaries between indoors and out.

The screening room above the three-car garage boasts a full bar with built-in wooden shelving that required over a year of specialized craftwork. Multiple living and dining areas throughout offer space for both large-scale entertaining and intimate conversation.

The two-bedroom guest house functions as a completely independent residence. Its full kitchen features dark blue cabinets extending from floor to pointed ceiling, a large center island, and white tile backsplash. A private stone path provides discreet access without disturbing the main house.

The swimming pool and hot tub offer essential relief from Austin’s notorious summer heat, surrounded by elegant hardscaping and lush landscaping. Gardens include a cutting garden for fresh arrangements, a whimsical fairy garden, and extensive lawn space. Mature oak trees provide cooling shade and serious privacy. The property also features a screened breezeway, outdoor kitchen, and landscaping described as “worthy of a country estate.”

Why She Bought It, And Why She Left

In 2021, the Austin purchase made perfect sense. Stone and McCary were new parents seeking space and privacy away from LA paparazzi. Austin offered celebrity precedent (hello, Joe Rogan and Matthew McConaughey), incredible value, and zero state income tax. Plus, the pandemic had everyone rethinking where they needed to live.

But by 2025, reality looked different. Stone’s career exploded with her second Oscar win for “Poor Things” in 2024, making her the 13th woman ever to win two Best Actress Oscars. Her production company, Fruit Tree Productions, co-founded with McCary, grew into a serious player with deep ties to New York and LA collaborators. Stone’s work spanning film, potential Broadway returns, and producing deals with A24 requires constant presence in both cities.

Listing agent Eric Moreland explained it simply: “While the couple hopes to live in Austin at some point, their New York business plans have grown and they’re not yet ready to move.”

Stone first listed the property in May 2024 at $26.5 million while renovation work was still finishing. It immediately became Austin’s highest-priced listing. By August 2024, a pending offer emerged but ultimately fell through. The price was reduced to $23.5 million, an 11% cut that hit Austin’s practical luxury ceiling. Three months later, in August 2025, Stone found her buyer at close to the asking price.

This Austin sale continues Stone’s remarkably successful real estate pattern. She’s executed six profitable property flips over the past decade with only one loss, accumulating an estimated $20 to $24 million in total profits. Her strategy? Purchase historic properties with character, execute thoughtful renovations with bold color choices, hold for 3-5 years, then sell quickly.

The Austin project represents her most ambitious flip yet: largest purchase, biggest renovation budget, and ultimately her most profitable sale. Unlike previous properties where she lived before selling, this mansion was purely investment after plans changed.

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