About This Home

This 5-bedroom, 5-bathroom single family at 481 Chimney Cove Drive in Marble Falls, TX is listed for $2,595,000 ($462 per sqft). Built in 2007, the home offers 5,611 sqft of living space on a 5.00 acres lot.

Key Features

  • Built in 2007
  • 5.00 acre lot
  • Fireplace
  • Waterfront

Property Details

1 story
4 full, 1 half
2007

Amenities

FireplaceWaterfrontViewA/CRV Parking
Listing Description

Welcome to the HOUSE OF THE GOOD LIFE, Villa La Vita e' Bella! Estate Gated Escape on 5 Acres (with 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 ft 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 ma

in 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.

Monthly Cost Estimate

$14,629/mo

20% down · 6.5% · 30 years

Principal$1,877
Interest$11,245
Insurance$757
HOA$750

Estimates only. Actual payments may vary.

Location

481 Chimney Cove Drive

Marble Falls, TX 78654

Chimney Cove Estates

Features & Amenities

Interior Features

BuiltInFeaturesDecorativeDesignerLightingFixturesDoubleVanityEatInKitchenGraniteCountersHighSpeedInternetKitchenIslandPantryVaultedCeilingsWalkInClosets

Exterior Features

BoatSlipLightingOutdoorLivingAreaPrivateEntrancePrivateYardRainGutters

Property Details

Flooring

WoodTile

Construction

Rock Stone

Views

Water

Parking

GarageOpenSecuredRVDrivewayBoat

Heating

CentralFireplace(s)

Cooling

Ceiling Fan(s)Central Air

Appliances

BuiltInRefrigeratorDoubleOvenDishwasherDisposalGasRangeIceMakerMicrowaveWarmingDrawer

Questions & Answers

This 5-bedroom, 5-bathroom single family at 481 Chimney Cove Drive is listed at $2,595,000 ($462/sqft). The estimated monthly payment is $14,629 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $750/month.

Key features include: Built in 2007, 5.00 acre lot, Fireplace, Waterfront. Interior Features: BuiltInFeatures, DecorativeDesignerLightingFixtures, DoubleVanity. Exterior Features: BoatSlip, Lighting, OutdoorLivingArea.

This property is listed by Lesli Akers and can be reached at (512) 263-9090.

LA

Lesli Akers

Agent at Keller Williams Lake Travis

(512) 263-9090

Listed by Keller Williams Lake Travis · Broker phone: (512) 263-9090 · View on Broker Site

MLS# 21337310· Source: North Texas Real Estate Information Systems, Inc.· 63 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. 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 Drive, Marble Falls, TX 78654

Open this listing in: