481 Chimney Cove DR - Photo 1
View all 40 photos
1 / 40
Active

$2,695,000

481 Chimney Cove DR, Marble Falls, TX 78654

Chimney Cove Estates

Bedrooms5
Bathrooms5
Sq Ft5,611
Acres5.00
Year Built2007

About This Property

Villa La Vita e’ Bella – Gated Waterfront Escape on 5 Acres with Ag Exemption Welcome to House of the Good Life, a rare, private gated waterfront estate where 318 feet of shoreline, panoramic water views, and unforgettable sunsets create an extraordinary setting for refined living and effortless entertaining, all complemented by a remarkably low 1.3233% agricultural exempt tax rate. Set on 5 pristine, park-like acres within an exclusive gated community, this Mediterranean-inspired sanctuary offers an exceptional blend of luxury, serenity, and lifestyle amenities. Ideally positioned for both seclusion and convenience, with easy access to Marble Falls, Lago Vista, Liberty Hill, Cedar Park, and Leander. The 5,611 square foot property reflects timeless architecture and relaxed elegance with 5 bedrooms, featuring three 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 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. With expansive acreage, significant waterfront, and ag-exempt status supported by grazing Longhorns, this one-of-a-kind estate invites you to live beautifully and experience the good life.

Property Details

Property TypeSingle Family
MLS #4878913
Days on Market80
Lot Size5.00 acres
Listed2/26/2026
Last Updated2/26/2026

Location

County
Burnet
School District
Marble Falls ISD
MLS Area
LN

Size

Lot Description
Agricultural, Back Yard, Cleared, Landscaped, Level, Views
$/Acre
$538,784

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
In Ground, 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

You Might Also Like

Listing provided by Kimberly Christman · Kuper Sotheby's Int'l Realty · (512) 608-5363

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.

$2,695,000
$2,695,000 | 481 Chimney Cove DR, Marble Falls, TX 78654