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$2,675,000

481 Chimney Cove DR, Marble Falls, TX 78654

Chimney Cove Estates

Bedrooms5
Bathrooms5
Sq Ft5,611
Acres5.00
Year Built2007

About This Property

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.

Property Details

Property TypeSingle Family
MLS #3799877
Days on Market130
Lot Size5.00 acres
HOA Fee$750 / Annually
Listed7/6/2026
Last Updated7/6/2026

Location

County
Burnet
School District
Marble Falls ISD
MLS Area
LN

Size

Lot Description
Agricultural, Back Yard, Cleared, Landscaped, Level, Views
$/Acre
$534,786

Improvements

Garage Spaces
3
Fence
Fenced
Exterior Features
Boat Dock - Private, Boat Lift, CCTYD, Exterior Steps, Lighting, Outdoor Grill, Private Entrance, RV Hookup
Heating
Central
Cooling
Ceiling Fan(s), Central Air
Appliances
Built-In Gas Range, Built-In Oven(s), Built-In Refrigerator, Dishwasher, Disposal, Dryer, Microwave, RNGHD, Water Purifier Owned, Wine Refrigerator
Flooring
Tile, Wood
Fireplaces
Den, Family Room, Gas, Primary Bedroom, Stone, Wood Burning
Fireplace Count
3
Windows
Blinds, Plantation Shutters
Construction Materials
Stone
Foundation
Slab
Roof
Tile
Direction Faces
Northwest
Pool Features
Pool/Spa Combo
Patio / Porch
Covered, Rear Porch
View
Hill Country, Lake, Panoramic, Water
Waterfront
Yes
Community Features
Gated
Covered Spaces
3
Parking Features
Additional Parking, Attached, Boat, Driveway, Electric Gate, Garage Door Opener, RV Access/Parking, Secured

Location

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Listing provided by Lesli Akers · Keller Williams - Lake Travis · (512) 584-6264

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$2,675,000