Water Views - Primary on Main
Address
481 Chimney Cove Drive, Marble Falls, TX
Price
$ 2,595,000
Property Attributes
  • MLS#178635
  • TypeSingle Family
  • Listing Status Active
  • CountyBURNET
  • CityMarble Falls
  • NeighborhoodChimney Cv Est
  • Zip78654
  • StyleCustom
  • Year Built2007
  • Price$ 2,595,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms1
  • Sqr Footage5611
  • Lot Size5 Acres
Data Source:
Highland Lakes MLS (HLAOR)
Property Description

Welcome to the HOUSE OF THE GOOD LIFE, "Villa La Vita e' Bella!" This gated 5-acre waterfront estate (Ag Exempt, low 1.323% tax rate) offers 318' of shoreline on the deeper arm of the Colorado River, panoramic water views, and unforgettable sunsets. Ideally located near Marble Falls, Horseshoe Bay, Spicewood, Lago Vista, Liberty Hill, Cedar Park, and Leander, this Italy-inspired sanctuary blends luxury, serenity, and exceptional amenities. The sprawling 5,611 SF single-story custom home features 5 bedrooms (2 in the main home, plus a private casita and separate guest house), 3 masonry fireplaces, expansive living areas, and seamless indoor-outdoor living. The chef's kitchen opens to generous entertaining spaces, while walls of windows showcase breathtaking lake views. A new 2025 roof provides added peace of mind. Enjoy the covered patio and impressive 18' 2,000-gallon swim spa year-round. The detached 2-bedroom, 1-bath guest house includes a temperature-controlled wine room and flexible bonus room ideal as an art studio, gym, or office. A powered workshop, dual water sources, EV connection, RV hookup, and private air-conditioned boathouse with boat lift and jet ski ramp complete this remarkable property. Too many exceptional features to list—it truly must be experienced in person. As George Strait said, "There's a difference in living and living well." Come experience the difference today.

Price History
7/7/2026 Listed $2,675,000
8/21/2026 3$2,595,000

General Features

Sewer Septic Tank
Heating Central
Cooling Central Air
Roof Tile
Appliances Dishwasher,Double Oven,Disposal,Ice Maker,Microwave,Gas Range,Built-In Refrigerator,Warming Drawer,Washer Hookup
HOA Fee 750
Association Fee Includes Maintenance Structure
Architectural Style Custom
Pool Features Private
Construction Materials Other,Stone
Year Built 2007
View Hill Country,Lake,Panoramic
Property Subtype Single Family Residence
Waterfront Features Open Water
Assoc Fee Paid Per Annually
County Burnet
Property Type Residential
Association Amenities Water,Gated
HOA Yes
Energy Efficient Ceiling Fan(s)
Subdivision Name Chimney Cv Est
Full Baths 4
Status Active
Directions Use GPS
City Marble Falls
High School District Marble Falls
Lot Size Square Feet 217887
Virtual Tour https://my.matterport.com/show/?m=Jj6kWDVR9uo
Standard Status Active

Interior Features

Interior Amenities Wet Bar,Breakfast Bar,Coffered Ceiling(s),Crown Molding,Granite Counters,Pantry,Recessed Lighting,Split Bedroom,Walk-In Closet(s),Wine Cellar,Wood Ceiling,No Steps to Entry
Flooring Hardwood,Saltillo,Tile
Fireplace Features Three
Total Stories 1
Half Baths 1
Total Bedrooms 5
LivingAreaSource Other

Exterior Features

Exterior Amenities Courtyard,Rain Gutters,Sprinkler System
Fencing Wire,Wrought Iron
Parking Features Electric Gate
Water Source Other
Foundation Details Slab
Lot Dimensions 318x953x140x975
Lot Size Acres 5
Road Frontage Type Private Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 78654

Price
AVG $870K
$2.6M
Year Built
AVG 2002
2007
Visits
AVG 212
10
Data Provided by Inside Real Estate®

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