401 Crestview DR - Photo 1
View all 40 photos
1 / 40
Just Listed

$2,400,000

401 Crestview DR, Marble Falls, TX 78654

Rippy-Baker Sub

Bedrooms5
Bathrooms8
Sq Ft5,184
Acres1.67
Year Built1950

About This Property

Perched above Lake Marble Falls in a quiet, laid-back area of town, this rare 1.67-acre dual-lot property offers the perfect blend of relaxed lake living and unmatched versatility for entrepreneurs, investors, and outdoor enthusiasts. This unique, in-town opportunity features 3 different structures for future flexibility. The main home, with quaint 1950s charm, features 4 bedrooms, 3.5 baths, two spacious living areas, and outdoor spaces with panoramic lake and Hill Country views. Primary and secondary bedroom suites are located on the main floor, while the lower level includes two additional bedrooms and a game room. Near the main home, a modern two-story structure could act as a guest home with an upstairs apartment and deck with incredible views. Downstairs is a converted garage bunkroom with a kitchenette and bath, offering flexible accommodations for guests, extended stays, or short-term rentals. Adjacent to the main house, the third structure spans approximately 3000 SF with 2100 SF of fully insulated and heated/cooled garage, including a half bath and large spaces for equipment storage or all the hobby areas you need! This building adds extraordinary functionality rarely found on the lake and in town. It is ready to be a workshop, office, exercise room, additional parking, etc. A golf cart path winds down to a private single-slip boat dock with a party deck and storehouse, creating effortless access to days on the water. Enjoy the structures as they stand, or plan your own custom build. All this plus convenience to shopping, restaurants, and necessities in Marble Falls. Less than half a mile to Bluebonnet Cafe, a half mile to Main Street and live music at Old Oak Square, and only 1.3 miles from HEB. City utilities. Short-term rentals are allowed with registration with the City. Nothing like it elsewhere on the lake at this price point. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.

Property Details

Property TypeSingle Family
MLS #4283530
Days on Market6
Lot Size1.67 acres
Listed5/27/2026
Last Updated5/27/2026

Location

County
Burnet
School District
Marble Falls ISD
MLS Area
BU

Size

Lot Description
Back Yard, Corner Lot, Front Yard, Private, Sloped Down, Views
$/Acre
$1,437,126

Improvements

Garage Spaces
7
Fence
None
Exterior Features
Boat Dock - Private, Boat Lift, Boat Slip, Private Yard
Heating
Central
Cooling
Central Air
Appliances
Built-In Oven(s), Dishwasher, Gas Cooktop, Microwave, RNGHD, Refrigerator, Stainless Steel Appliance(s)
Flooring
Concrete, Tile, Wood
Fireplaces
Bath, Living Room
Fireplace Count
2
Windows
Window Treatments
Construction Materials
HardiPlank Type, Masonry – Partial, Stone
Foundation
Slab
Roof
Membrane, Metal
Direction Faces
Northwest
Pool Features
None
Patio / Porch
Covered, Deck, Porch
View
Lake, Trees/Woods, Water
Waterfront
Yes
Community Features
None
Covered Spaces
7
Parking Features
Additional Parking, Attached, Garage, RV Access/Parking, Workshop in Garage

Location

You Might Also Like

Listing provided by Elsa Decker · Moreland Properties · (512) 771-6831

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.

$2,400,000