
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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