Villa La Vita E’ Bella – A Mediterranean Retreat.
Welcome to House of Good Life—a private, gated WATERFRONT sanctuary where 318 feet of shoreline, stunning water views, and unforgettable sunsets set the scene for everyday living and effortless entertaining. Situated on 5 pristine park-like acres in an exclusive gated community, this Mediterranean-style estate offers a unique blend of luxury, privacy, and lifestyle amenities that are truly one-of-a-kind. Conveniently located with easy access to Marble Falls, Lago Vista, Liberty Hill, Cedar Park and Leander. (approximately 11 miles to Marble Falls and 16 miles to Lago Vista)
The 4,550 sq ft main home showcases timeless design with three fireplaces, generous living spaces, and a seamless connection to the outdoors. A chef’s kitchen opens to expansive gathering areas, perfect for hosting inside and out. Step onto the patio to enjoy hill country breezes or take a soak in the 18’, 2,000-gallon swim spa. Inside, large windows frame picture-perfect views, while a brand-new roof (2025) ensures peace of mind.
In addition to the main house, this property also features additional square footage with a detached 571 sq ft guest house with a temperature-controlled wine cellar, 2 bedrooms and 1 bath—ideal for visitors or creative use. An approximately 500 sq ft art studio/storage space offers even more flexibility, and the powered shop makes hobbies or projects a breeze. Boaters will appreciate the private boathouse with a/c, plus there is even an RV or EV hookup and dual water systems (rainwater & lake water) for convenience and sustainability. Horses allowed!
Whether you're hosting lakeside gatherings, seeking a quiet artist’s retreat, or building a multi-generational haven, this is a property that delivers lifestyle without compromise.
Schedule your private tour today!
Features of 481 Chimney Cove Dr
MLS® #
4527995
Price
$2,825,000
Bedrooms
5
Bathrooms
5.00
Full Baths
4
Half Baths
1
Square Footage
4,550
Acres
5.00
Year Built
2007
Type
Residential
Sub-Type
Single Family Residence
Status
Active
Has Pool
Yes
Water Feature/View
View
Hills,Panoramic,Water,Lake Travis
Is Waterfront
Yes
Water Body
Lake Travis
Community Information: Marble Falls
Address
481 Chimney Cove Dr
Area
LN
Subdivision
Chimney Cove Estates
City
Marble Falls
County
Burnet
State
TX
Zip Code
78654
Amenities of 481 Chimney Cove Dr
Utilities
Electricity Connected, Sewer Connected, Water Connected, Propane
Back Yard, Landscaped, Level, Views, Agricultural, Cleared
Roof
Tile
Construction
Stone
Foundation
Slab
School Information
District
Marble Falls ISD
Elementary
Colt
Middle
Marble Falls
High
Marble Falls
Additional Information On 481 Chimney Cove Dr
Days on Market
144
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
HOA Fees
750
HOA Fees Freq.
Annually
Gated Community
Yes
Property History
Price Reduced from $2,875,000 to $2,825,000
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: Kuper Sotheby's Int'l Realty(512) 608-5363. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from October 12th, 2025 at 1:15am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.
