For sale

$2,595,000

481 Chimney Cove Dr
Marble Falls, TX 78654

  • 5 beds
  • 5 baths
  • 5,611 sq ft
  • 5 acres

Listing courtesy of Keller Williams - Lake Travis · (512) 263-9090 · MLS# 3799877 · Status: Active

About this home

Welcome to the HOUSE OF THE GOOD LIFE, "Villa La Vita e’ Bella" ! Estate Gated Escape on 5 Acres (w/Ag Exempt low 1.323% tax rate), this rare sprawling single story custom home sits beautifully in a park like setting and is waterfront on the deeper arm of the Colorado River, boasting 318' of shoreline, panoramic water views, and unforgettable sunsets. The Italy inspired sanctuary offers an exceptional blend of luxury, serenity, and lifestyle amenities that are hard to find within easy access to Marble Falls, Horseshoe Bay, Spicewood, Lago Vista, Liberty Hill, Cedar Park, and Leander. The 5,611 square foot property reflects timeless architecture and relaxed elegance with 5 bedrooms (2 bdrms in main house plus a full casita in addition to the guest house), featuring three masonry fireplaces, expansive living areas, and seamless indoor–outdoor flow. A chef's kitchen anchors the home, opening to generous gathering spaces designed for entertaining on any scale. Walls of windows capture breathtaking lake and landscape vistas, while a brand-new 2025 roof adds lasting peace of mind. Outdoors, the covered patio invites year-round enjoyment, from tranquil Hill Country mornings to sunset evenings, enhanced by an impressive 18-ft, 2,000-gallon swim spa. Complementing the main home, a charming 2-bedroom, 1 bath guest house includes a temperature-controlled wine room and a versatile bonus space currently serving as an art studio — ideal for creative pursuits, a gym, or private office. An additional powered workshop supports hobbies, projects, or storage. Designed for both recreation and functionality, the grounds feature dual water sources, EV connection, RV hookup, and a private air-conditioned boathouse with boat lift and jet ski ramp. There are too many features to mention-- it really warrants a personal visit. As the words to a favorite George Strait song says, "THERE'S A DIFFERENCE IN LIVING AND LIVING WELL", come experience the difference today.

Description provided by the listing brokerage.

Facts

Property type
Residential · Single Family Residence
Year built
2007
Lot size
5 acres
Living area
5,611 sq ft
Price per sq ft
$462
Bathrooms
4 full, 1 half
Garage
3 spaces
HOA
$750 (annually)
Annual taxes
$16,605
County
Burnet
Neighborhood
Chimney Cove Estates
School district
Marble Falls ISD
Schools
Colt · Marble Falls · Marble Falls

Features

Roof
Tile
View
Hill Country, Lake, Panoramic, Water
Sewer
Septic Tank
Levels
One
Cooling
Ceiling Fan(s), Central Air
Fencing
Fenced
Heating
Central
Flooring
Tile, Wood
Utilities
Electricity Connected, Propane, Sewer Connected, Water Connected
Appliances
Built-In Gas Range, Built-In Oven(s), Built-In Refrigerator, Dishwasher, Disposal, Dryer, Microwave, RNGHD, Water Purifier Owned, Wine Refrigerator
Lot
Agricultural, Back Yard, Cleared, Landscaped, Level, Views
Water
See Remarks
Pool
Pool/Spa Combo
Horse amenities
None
Windows
Blinds, Plantation Shutters
Parking
Additional Parking, Attached, Boat, Driveway, Electric Gate, Garage Door Opener, RV Access/Parking, Secured
Exterior
Boat Dock - Private, Boat Lift, CCTYD, Exterior Steps, Lighting, Outdoor Grill, Private Entrance, RV Hookup
Interior
Bar, Bookcases, Built-in Features, Ceiling Fan(s), Double Vanity, Kitchen Island, No Interior Steps, Pantry, Primary Bedroom on Main, Sound System, Storage, Walk-In Closet(s)
Community
Gated
Fireplace
Den, Family Room, Gas, Primary Bedroom, Stone, Wood Burning
Foundation
Slab
Waterfront
Waterfront
Energy efficiency
None
Accessibility
None
Construction
Stone
Patio & porch
Covered, Rear Porch

Location

Listings courtesy of Unlock MLS as distributed by MLS GRID.

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