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481 Chimney Cove Drive

Marble Falls, Texas 78654
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Bed 5

Bed

Bath 5

Bath

SqFt5,611

Sqft

Acres5.00

Acres(Lot)

Welcome to the HOUSE OF THE GOOD LIFE, Villa La Vita e’ Bella! Estate Gated Escape on 5 Acres (with 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 ft 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 firepl aces, 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.

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Detail Ic Property Details

Property Type : Residential

Price : $2,675,000

AD Id : 88288497

MLS Id : 568480923

Beds : 5

Lot Size : 5.00 Acres

Living Area Size : 5,611

Year Built : 2007

Garage : 4

County : Burnet

Subdivision: Chimney Cove Estates

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Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 5 Window Features: Window Coverings

    Bathroom Information

    Total Baths: 4.5 Full Baths: 4 Half Baths: 1
  • Interior Features

    Built-in Features,Decorative Lighting,Double Vanity,Eat-in Kitchen,Granite Counters,High Speed Internet Available,Kitchen Island,Pantry,Vaulted Ceiling(s),Walk-In Closet(s)

    Appliances

    Built-in Refrigerator,Dishwasher,Disposal,Gas Range,Ice Maker,Microwave,Double Oven,Warming Drawer

    Utilities

    Electricity Connected,Sewer Available,Underground Utilities
  • Cooling Features

    Ceiling Fan(s),Central Air

    Heating Source

    Central,Fireplace(s)

    Fireplace

    Number of Fireplaces: 3 Fireplace Features: Bedroom,Den,Family Room,Gas,Living Room,Primary Bedroom,Stone,Wood Burning

  • Building Information

    Built Year: 2007 Construction: Rock/Stone Roof Type: Tile
  • Exterior Features

    Boat Slip,Covered Patio/Porch,Rain Gutters,Lighting,Outdoor Living Center,Private Entrance,Private Yard,RV/Boat Parking

    Foundation

    Slab

    Security Features

    Smoke Detector(s)
  • Accessibility Features

    Accessible Hallway(s)

    Pool Features

    Pool/Spa Combo

    Laundry Features

    Full Size W/D Area,Dryer Hookup,Washer Hookup

    Patio And Porch

    Covered

    Fencing

    Rock/Stone,Wrought Iron

    Construction Materials

    Rock/Stone

  • Lot Information

    Lot Size (Acr): 5.0020 Lot Size Units: Acres Lot Size Square Feet: 217,887 Lot Features: Agricultural,Cleared,Landscaped,Level,Lrg. Backyard Grass,Sprinkler System,Water/Lake View,Waterfront
  • Property Information

    SQ ft (Living Area): 5,611 Property Type: Residential Property Sub Type: Single Family Residence Subdivision: Chimney Cove Estates City: Marble Falls State: Texas Directions: From Austin: Take I-35 N, US-183 N, Lakeline Blvd and FM1431-RM 1431 W to Hickory Creek Rd (take left). Follow approximately 1.4 miles to Chimney Cove Drive gate. Go through the gate and continue on Chimney Cove Dr to 481 Chimney Cove, property is on the left with stone wall and private gate. Property Status: Active Levels: One Property Age: 19 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $2,675,000 List Price Tot SqFt: $477
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 000000009652 Tax Legal Description: S3656 CHIMNEY COVE ESTATES LOT 13 5.002 Tax Lot: 13 Unexempt Taxes: $30,969

  • Parking Information

    Has Garage Garage Space: 4 Carport Spaces: 0 Parking Features: Circular Driveway,Driveway,Electric Gate,Enclosed,Garage,Garage Door Opener,Garage Faces Front,Inside Entrance,RV Access/Parking,Secured,Storage
  • Homeowners Association Information

    Included Fees: Maintenance Grounds,Management Fees HOA Type: Mandatory HOA: $750.00 HOA Frequency: Annually

  • School Information

    Elementary School: Colt Middle School: Marblefall High School: Marblefall School District: Marble Falls ISD
  • Utility Information

    Utilities: Electricity Connected,Sewer Available,Underground Utilities
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128 E Castlewood Drive, Marble Falls, TX, 78654 $215,000 1 1 1,007 1,007 SqFt
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23614 Midway Drive, Marble Falls, TX, 78654 $570,000 3 1 1,000 1,000 SqFt
4846 Travis Oaks Drive, Marble Falls, TX, 78654 $750,000 3 3 3,088 3,088 SqFt
4834 Travis Oaks Drive, Marble Falls, TX, 78654 $789,000 4 3 3,191 3,191 SqFt
23521 Flat Creek Drive, Marble Falls, TX, 78654 $1,280,000 4 4 3,644 3,644 SqFt
23709 NE Circle Drive, Marble Falls, TX, 78654 $365,000 2 2 1,440 1,440 SqFt
4948 Travis Oaks Drive, Marble Falls, TX, 78654 $529,900 3 3 2,696 2,696 SqFt
24415 Singleton Bend Road, Marble Falls, TX, 78654 $725,000 4 4 2,943 2,943 SqFt
3309 Brasada Lane, Marble Falls, TX, 78654 $999,900 3 2 2,270 2,270 SqFt
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 07/23/2026 @ 10:33

MLS: 568480923 LISTED BY: Lesli Akers, Keller Williams - Lake Travis 512-584-6264 SOURCE: NTREIS - North Texas Real Estate Information

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