481 Chimney Cove Drive, Marble Falls, TX 78654
Local realty services provided by:Better Homes and Gardens Real Estate Edwards & Associates
Listed by: lesli akers
Office: keller williams - lake travis
MLS#:21337310
Source:GDAR
Price summary
- Price:$2,595,000
- Price per sq. ft.:$462.48
- Monthly HOA dues:$62.5
About this home
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 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....
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Home facts
- Year built:2007
- Subdivision & Development:Chimney Cove Estates
- Listing ID #:21337310
- Added:33 day(s) ago
- Updated:August 24, 2026 at 12:03 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Flooring:Tile, Wood
- Kitchen Description:Built In Refrigerator, Dishwasher, Disposal, Double Oven, Gas Range, Ice Maker, Microwave, Warming Drawer
- Living area:5,611 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air
- Heating:Central, Fireplaces
- Central air:Yes
Structure and exterior
- Roof:Tile
- Year built:2007
- Building area:5,611 sq. ft.
- Lot area:5 Acres
- Lot Features:Agricultural, Cleared, Landscaped, Lawn, Level, Sprinkler System, Waterfront
- Construction Materials:Stone
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Marblefall
- Middle school:Marblefall
- Elementary school:Colt
Finances and disclosures
- Price:$2,595,000
- Price per sq. ft.:$462.48
- Tax amount:$30,969
Features and amenities
- Appliances:Built In Refrigerator, Dishwasher, Disposal, Double Oven, Gas Range, Ice Maker, Microwave, Warming Drawer
- Amenities:Smoke Detectors, Window Coverings
Parking
- Garage:Yes
- Garage spaces:4
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