481 Chimney Cove DR — photo 1
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$2,675,000

481 Chimney Cove DR, Marble Falls TX 78654

5 bd·4.5 ba·5,611 sqft·$477/sqft

MLS #244528819 · Keller Williams - Lake Travis · Lesli Akers

Market insights

Compared with 213 active homes in ZIP 78654 · HomeLocating listings

Area median price
$535,000
This home vs. median
400% above
Homes with a price cut
15%

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
2007
Full baths
4
Half baths
1
Lot size
5.002
Subdivision
Chimney Cove Estates
MLS area
LN
MLS #
244528819

Features

Interior features

  • Bar
  • Bookcases
  • Built-in Features
  • Ceiling Fan(s)
  • Double Vanity
  • Kitchen Island
  • No Interior Steps
  • Pantry
  • Primary Bedroom on Main
  • Sound System
  • Storage
  • Walk-In Closet(s)
  • Washer Hookup

Exterior features

  • Boat Dock - Private
  • Boat Lift
  • CCTYD
  • Exterior Steps
  • Lighting
  • Outdoor Grill
  • Private Entrance
  • RV Hookup

Additional details

Parking
Additional Parking, Attached, Boat, Driveway, Electric Gate, Garage Door Opener, RV Access/Parking, Secured
Garage spaces
3
Roof
Tile
Foundation
Slab
HOA
$750 / annually
Annual tax
$16,605

Schools

Assigned schools per the MLS.

School district
Marble Falls ISD
Elementary
Colt
Middle
Marble Falls
High
Marble Falls

About this home

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.

Location

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Listing courtesy of Keller Williams - Lake Travis · Lesli Akers

Listing data last updated Aug 1, 2026, 11:46 AM

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