For sale

$350,000

311 Oleander Dr
Marble Falls, TX 78654

  • 4 beds
  • 3 baths
  • 4,143 sq ft
  • 0.6 acres

Listing courtesy of MCM Land Company LLC · (512) 705-2504 · MLS# 5525989 · Status: Active

About this home

Discover one of Marble Falls' most extraordinary waterfront estates, offering approximately 200 ft of channel frontage. and a level of luxury rarely found on Lake LBJ. This listing offers 1/6 deeded ownership interest (Tenants in Common). List price reflects the purchase price of one fractional ownership share only, not the entire property. Cash purchase is required. Financing for fractional ownership is generally limited. Owners enjoy approximately 8 weeks of annual exclusive use through a professionally managed rotating reservation schedule, combining luxury ownership with a true lock-and-leave lifestyle. Designed for exceptional entertaining, this 4,500 sq ft single story residence features an expansive open living room where walls of windows frame peaceful waterfront views. The gourmet kitchen is equipped with propane range, dual dishwashers, premium finishes, while the separate prep and baker's kitchen offers additional appliances, freezers, sinks, and abundant workspace for effortless hosting. Outside, the estate transforms into a private waterfront resort. An oversized pool with cascading waterfall is surrounded by towering palms, lush professional landscaping, a sandy beach-style lounging area, 2 fire pits, and an expansive patio overlooking the water. A separate pool house provides additional accommodations with a bedroom, living area, kitchenette, and full bath. The detached two-car garage includes 3 additional storage rooms. The 203 ft of waterfront is complemented by a covered hydraulic boat slip with an automated enclosure, two jet ski lifts, and a fully fenced lawn extending to the water's edge. Professionally managed ownership allows you to enjoy an exceptional luxury lakefront lifestyle without the responsibilities of full-time ownership. Contact listing agent for total property value, ownership details, reservation schedule, and fractional ownership documents.

Description provided by the listing brokerage.

Facts

Property type
Residential · See Remarks
Year built
1970
Lot size
0.6 acres
Living area
4,143 sq ft
Price per sq ft
$84
Bathrooms
2 full, 1 half
Garage
2 spaces
HOA
$200 (annually)
Annual taxes
$11,883
County
Burnet
Neighborhood
Shady Acres
School district
Marble Falls ISD
Schools
Marble Falls · Marble Falls · Marble Falls

Features

Roof
Shingle
View
Canal, Lake, Neighborhood, Water
Sewer
Aerobic Septic, Septic Tank
Levels
One
Cooling
Ceiling Fan(s), Central Air
Fencing
Back Yard, Fenced, Full, Gate, Wood, Wrought Iron
Heating
Central
Flooring
Tile
Utilities
Electricity Connected, Propane, Underground Utilities, Water Connected
Appliances
Built-In Gas Oven, Dishwasher, Disposal, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer, Free-Standing Freezer, Microwave, Double Oven, Propane Cooktop, Refrigerator
Lot
Back Yard, Few Trees, Front Yard, Level, Native Plants, Private, Sprinklers In Rear, Sprinklers In Front, Trees-Medium (20 Ft - 40 Ft), Waterfall
Water
Public
Pool
In Ground, Outdoor Pool, Waterfall
Horse amenities
None
Windows
Blinds, Double Pane Windows, Skylight(s)
Parking
Detached, Driveway, Garage, Garage Door Opener, Garage Faces Front, Kitchen Level, Paved, Private
Exterior
Boat Dock - Private, Boat Lift, Boat Slip, Exterior Steps, Private Entrance, Private Yard
Interior
Breakfast Bar, Built-in Features, Ceiling Fan(s), Beamed Ceilings, Ceiling-High, Granite Counters, Crown Molding, Double Vanity, Eat-in Kitchen, Kitchen Island, Natural Woodwork, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Sound System, Storage, Study/Home Office, Track Lighting, Walk-In Closet(s)
Community
See Remarks
Fireplace
Living Room, Stone
Foundation
Slab
Waterfront
Canal Front, Waterfront
Accessibility
Central Living Area, Accessible Entrance, Accessible Hallway(s), Accessible Kitchen, Visitor Bathroom
Construction
See Remarks, Brick, Stone
Patio & porch
Patio, Rear Porch, Side Porch

Location

Listings courtesy of Unlock MLS as distributed by MLS GRID.

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