Price Reduced Listing
481 Chimney Cove Drive,Marble Falls, TX 78654
Marble Falls, TX 78654
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 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.
Details
| MLS # | 21337310 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $750 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2007 |
| Days On Site | 34 |
| Listing Provided By | Keller Williams - Lake Travis | Lesli Akers |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 5,611 |
| Garage | 4 |
| Pool | Yes |
| Story(s) | 1 |
| Acreage | 5.00 |
| Water Front | Dock - Covered, Lake Front |
Interior
| Room Count | 6 |
|---|---|
| Cooling | Ceiling Fan(s), Central Air |
| Heating | Central, Fireplace(s) |
| Interior Features | Built-in Features, Decorative Lighting, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s) |
| Window Features | Window Coverings |
| Appliances | Built-in Refrigerator, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Double Oven, Warming Drawer |
| Fireplace Features | Bedroom, Den, Family Room, Gas, Living Room, Primary Bedroom, Stone, Wood Burning |
Exterior
| Exterior Features | Boat Slip, Covered Patio/Porch, Rain Gutters, Lighting, Outdoor Living Center, Private Entrance, Private Yard, RV/Boat Parking |
|---|---|
| Roof | Tile |
| Security Features | Smoke Detector(s) |
| Construction Materials | Rock/Stone |
| Foundation Details | Slab |
| Lot Features | Agricultural, Cleared, Landscaped, Level, Lrg. Backyard Grass, Sprinkler System, Water/Lake View, Waterfront |
Parking
| Garage Yn | 1 |
|---|---|
| Attached Garage Yn | 1 |
| Parking Features | Circular Driveway, Driveway, Electric Gate, Enclosed, Garage, Garage Door Opener, Garage Faces Front, Inside Entrance, RV Access/Parking, Secured, Storage |
Utilities
| Utilities | Electricity Connected, Sewer Available, Underground Utilities |
|---|
Taxes
| Unexempt Taxes | 30969 |
|---|---|
| Tax Lot | 13 |
| Tax Legal Description | S3656 CHIMNEY COVE ESTATES LOT 13 5.002 |
Area Information
| State | TX |
|---|---|
| County | Burnet |
| City | Marble Falls |
| Zip Code | 78654 |
| Area | Burnet |
| Community Name | Chimney Cove Estates |
| School District | Marble Falls ISD |
| Elementary School | Colt |
| High School | Marblefall |
| Listing VS Median (in Chimney Cove Estates) | |
Price: $2,595,000 low | high Med: $2,595,000 sqft: 5,611 low | high Med: 5,611 $ / sqft: $462 low | high Med: $462 On site: 34 low | high Med: 34 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Burnet |
| City | Marble Falls |
| Zip Code | 78654 |
| Area | Burnet |
| Community Name | Chimney Cove Estates |
| School District | Marble Falls ISD |
| Elementary School | Colt |
| High School | Marblefall |
| Listing VS Median (in Chimney Cove Estates) | |
Price: $2,595,000 low | high Med: $2,595,000 sqft: 5,611 low | high Med: 5,611 $ / sqft: $462 low | high Med: $462 On site: 34 low | high Med: 34 | |