481 Chimney Cove Dr, Marble Falls, TX 78654

$2,675,000
5
BD
5
BA
5,611
SqFt

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List Price
$2,675,000
MLS#
21337310
Status
ACTIVE
Type
Single Family Residential
Subtype
Residential
Style
Detached
Year Built
2007
Construction Status
Preowned
Bedrooms
5
Full Baths
4
Half Baths
1
Acres
5.00
Living Area
5,611
County
Burnet
City
Marble Falls
Subdivision
Chimney Cove Estates
Number of Stories
1
Architecture Style
Detached

Property Description

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 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.

Additional Information

Unexempt Taxes
$30,969
HOA Fees
$750
HOA Freq
Annually
Amenities
Fireplace, Pool
Lot Size
217,887
Acres
5.00
Lot Description
Agricultural, Back Yard, Cleared, Lawn, Landscaped, Level, Sprinkler System-Yard, Waterfront
Interior Features
Decorative Designer Lighting Fixtures, Double Vanity, Eat-In Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Pantry, Vaulted/Cathedral Ceilings, Walk-In Closet(s)
Flooring
Tile, Wood
Foundation
Slab
Roof
Tile/Clay
Stories
1
Pool
Yes
Pool Features
Pool, Pool/Spa Combo
Fireplaces
3
Fireplace Type
Bedroom, Den, Family Room, Gas, Living Room, Master Bedroom, Stone, Wood Burning
Exterior
Boat Slip, Lighting, Outdoor Living Area, Private Entrance, Private Yard, Rain Gutters
Garage Spaces
4
Parking Garage
Circular Driveway, Driveway, Electric Gate, Enclosed, Garage Faces Front, Garage, Garage Door Opener, Inside Entrance, Secured, Storage, Rv/Boat Parking, Rv/Boat Parking
School District
Marble Falls Isd
Elementary School
Colt
Middle School
Marblefall
High School
Marblefall
Possession
CloseOfEscrow

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Listing courtesy of Lesli Akers from Keller Williams - Lake Travis. Contact: 512-584-6264