401 Crestview Dr, Marble Falls, TX 78654
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: elsa decker, justin jette
Office: moreland properties
MLS#:4283530
Source:ACTRIS
401 Crestview Dr,Marble Falls, TX 78654
$2,400,000
- 5 Beds
- 7 Baths
- 5,184 sq. ft.
- Single family
- Active
Price summary
- Price:$2,400,000
- Price per sq. ft.:$462.96
About this home
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....
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Home facts
- Year built:1950
- Listing ID #:4283530
- Updated:May 28, 2026 at 10:15 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:7
- Full bathrooms:5
- Half bathrooms:2
- Flooring:Concrete, Tile, Wood
- Kitchen Description:Built-In Oven(s), Dishwasher, Gas Cooktop, Microwave, Refrigerator, Stainless Steel Appliance(s)
- Living area:5,184 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Membrane, Metal
- Year built:1950
- Building area:5,184 sq. ft.
- Lot area:1.67 Acres
- Lot Features:Back Yard, Corner Lot, Front Yard, Sloped Down
- Construction Materials:HardiPlank Type, Masonry Partial, Stone
- Exterior Features:Private Yard
- Foundation Description:Slab
Schools
- High school:Marble Falls
- Elementary school:Colt
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,400,000
- Price per sq. ft.:$462.96
- Tax amount:$1,446,009 (2026)
Features and amenities
- Appliances:Built-In Oven(s), Dishwasher, Gas Cooktop, Microwave, RNGHD, Refrigerator, Stainless Steel Appliance(s)
Parking
- Total parking spaces:10
- Parking description:Additional Parking, Attached, Garage, RV Access/Parking, Workshop in Garage
- Garage:Yes
- Garage spaces:7
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