About 481 Chimney Cove Drive
Welcome to the HOUSE OF THE GOOD LIFE, "Villa La Vita e' Bella!" This gated 5-acre waterfront estate (Ag Exempt, low 1.323% tax rate) offers 318' of shoreline on the deeper arm of the Colorado River, panoramic water views, and unforgettable sunsets. Ideally located near Marble Falls, Horseshoe Bay, Spicewood, Lago Vista, Liberty Hill, Cedar Park, and Leander, this Italy-inspired sanctuary blends luxury, serenity, and exceptional amenities. The sprawling 5,611 SF single-story custom home features 5 bedrooms (2 in the main home, plus a private casita and separate guest house), 3 masonry fireplaces, expansive living areas, and seamless indoor-outdoor living. The chef's kitchen opens to generous entertaining spaces, while walls of windows showcase breathtaking lake views. A new 2025 roof provides added peace of mind. Enjoy the covered patio and impressive 18' 2,000-gallon swim spa year-round. The detached 2-bedroom, 1-bath guest house includes a temperature-controlled wine room and flexible bonus room ideal as an art studio, gym, or office. A powered workshop, dual water sources, EV connection, RV hookup, and private air-conditioned boathouse with boat lift and jet ski ramp complete this remarkable property. Too many exceptional features to list—it truly must be experienced in person. As George Strait said, "There's a difference in living and living well." Come experience the difference today.
Features of 481 Chimney Cove Drive
| MLS® # | 178635 |
|---|---|
| Price | $2,595,000 |
| Bedrooms | 5 |
| Bathrooms | 4.50 |
| Full Baths | 4 |
| Half Baths | 1 |
| Square Footage | 5,611 |
| Acres | 5.00 |
| Year Built | 2007 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Custom |
| Status | Active |
| Has Pool | Yes |
| Pool Description | Private |
Water Feature/View
| View | Hill Country, Lake, Panoramic, Lake Travis |
|---|---|
| Is Waterfront | Yes |
| Water Body | Lake Travis |
| Waterfront Type | Open Water |
| Waterfront Footage | 318 |
Community Information: Marble Falls
| Address | 481 Chimney Cove Drive |
|---|---|
| Subdivision | Chimney Cv Est |
| City | Marble Falls |
| County | Burnet |
| State | TX |
| Zip Code | 78654 |
Amenities of 481 Chimney Cove Drive
| Amenities | Water, Gated |
|---|---|
| Parking | Electric Gate |
| Garages | 3+ Car Attached Garage, 1 Car Detached Garage, Garage Door Opener, Side Entry, RV Parking Slab |
Interior of 481 Chimney Cove Drive
| Interior Features | Wet Bar, Breakfast Bar, Coffered Ceiling(s), Crown Molding, Granite Counters, Pantry, Recessed Lighting, Split Bedroom, Walk-In Closet(s), Wine Cellar, Wood Ceiling, No Steps to Entry |
|---|---|
| Appliances | Dishwasher, Double Oven, Disposal, Ice Maker, Microwave, Gas Range, Built-In Refrigerator, Warming Drawer, Washer Hookup |
| Heating | Central |
| Cooling | Central Air |
| Fireplace | Yes |
| Fireplaces | Three |
| # of Stories | 1 |
Exterior of 481 Chimney Cove Drive
| Exterior Features | Courtyard, Rain Gutters, Sprinkler System |
|---|---|
| Roof | Tile |
| Construction | Other, Stone |
| Foundation | Slab |
School Information
| District | Marble Falls |
|---|
Additional Information On 481 Chimney Cove Drive
| Days on Market | 66 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| HOA Fees | 750 |
| HOA Fees Freq. | Annually |
| Gated Community | No |
Property History
The information being provided by the Highland Lakes Association of REALTORS, Inc. Listing Data Provided By: Keller Williams - Lake Travis. is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Map to 481 Chimney Cove Drive, Marble Falls
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