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About This Home

This 5-bedroom, 5-bathroom single family at 481 Chimney Cove Dr in Marble Falls, TX is listed for $2,695,000 ($480 per sqft). Built in 2007, the home offers 5,611 sqft of living space on a 5.00 acres lot.

Agent Description

Villa La Vita e Bella - Gated Waterfront Ag-exempt Estate on 5 Acres Experience refined lakefront living with 318 feet of shoreline, panoramic water views, and breathtaking sunsets - all behind the gates of an exclusive community. Set on 5 usable, park-like acres with a rare agricultural exemption and low 1.3233% tax rate, this private retreat offers luxury, space, and exceptional value.

Roaming Texas Longhorns allow the agricultural exemption. The 5,611+/- square foot Mediterranean-inspired residence features 5 bedrooms, three fireplaces, expansive living areas, and seamless indoor-outdoor flow designed for entertaining. A chef's kitchen opens to generous gathering spaces, while walls of windows frame stunning lake and Hill Country views.

A brand-new 2025 roof adds peace of mind. Outdoor living shines with a covered patio perfect for year-round enjoyment and an impressive 18-foot, 2,000-gallon swim spa. A separate 2-bedroom guest house includes a temperature-controlled wine room and another building that is a flexible bonus space, ideal for an art studio, gym, private office, game room or music studio.

Private, floating boat dock with boat lift, jet ski and air conditioned room. Conveniently located with easy access to Marble Falls, Lago Vista, Liberty Hill, Cedar Park, and Leander - yet worlds away in privacy and tranquility. A rare opportunity to own gated waterfront acreage with luxury amenities and low taxes.

Key Features

  • Built in 2007
  • 5.00 acre lot
  • Fireplace

Property Details

1 story
4 full, 1 half
2007

Amenities

FireplaceViewHardwoodA/C

Monthly Cost Estimate

$15,163/mo

20% down · 6.5% · 30 years

Principal$1,949
Interest$11,678
Insurance$786
HOA$750

Estimates only. Actual payments may vary.

Location

481 Chimney Cove Dr

Marble Falls, TX 78654

Chimney Cv Est

Features & Amenities

Interior Features

Wet BarBreakfast BarCoffered Ceiling(s)Crown MoldingGranite CountersPantryRecessed LightingSplit BedroomWalk-In Closet(s)Wine CellarWood CeilingNo Steps to Entry

Exterior Features

CourtyardRain GuttersSprinkler System

Property Details

Flooring

SaltilloTileHardwood

Construction

Stone

Views

Lake

Heating

Central

Cooling

Central Air

Appliances

DishwasherDouble OvenDisposalIce MakerMicrowaveGas RangeBuilt-In RefrigeratorWarming DrawerWasher Hookup

Questions & Answers

This 5-bedroom, 5-bathroom single family at 481 Chimney Cove Dr is listed at $2,695,000 ($480/sqft). The estimated monthly payment is $12,428 based on 20% down at 6.5% interest.

HOA fees are $750/month.

Key features include: Built in 2007, 5.00 acre lot, Fireplace. Interior Features: Wet Bar, Breakfast Bar, Coffered Ceiling(s). Exterior Features: Courtyard, Rain Gutters, Sprinkler System.

This property is listed by Kim Christman and can be reached at 5126085363 or kim.christman@kupersir.com.

KC

Kim Christman

Agent at Kuper Sotheby's Int'l Realty

(512) 608-5363

Listed by Kuper Sotheby's Int'l Realty · View on Broker Site

MLS# 176676· Source: listhub· Updated 95 days ago

Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

481 Chimney Cove Dr, Marble Falls, TX 78654

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