AUSTIN LOCAL TEAM · UNLOCK MLS

481 Chimney Cove Dr

Marble Falls, TX, 78654

Active

$2,595,000

Asking sale price

Listed by Keller Williams - Lake Travis · Lesli Akers

Listing attribution contact: (512) 584-6264

MLS #3799877 · Active

Listings courtesy of Unlock MLS as distributed by MLS GRID.

Data obtained . Listing modified .

5Bedrooms

5Bathrooms

2007Year built

Single Family ResidenceProperty type

THE HOME, IN THE LISTING AGENT’S WORDS

A closer look.

Welcome to the HOUSE OF THE GOOD LIFE, "Villa La Vita e’ Bella" ! Estate Gated Escape on 5 Acres (w/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' 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.

THE DETAILS THAT SHAPE YOUR DAY

Reported property facts

Property type
Residential
Property subtype
Single Family Residence
Bedrooms
5
Bathrooms
5
Full bathrooms
4
Half bathrooms
1
Living area
5,611 (units not reported)
Lot acres
5.002
Year built
2007
Parking spaces
5
Garage spaces
3

Schools reported in the listing

  • High schoolMarble Falls
  • Middle schoolMarble Falls
  • DistrictMarble Falls ISD
  • ElementaryColt

Verify assignment with the relevant district for the exact address, program and school year. These source-reported names are not ratings or an enrollment guarantee.

Features & finishes

lot

Agricultural · Back Yard · Cleared · Landscaped · Level · Views

pool

Pool/Spa Combo

roof

Tile

view

Hill Country · Lake · Panoramic · Water

patio

Covered · Rear Porch

sewer

Septic Tank

levels

One

cooling

Ceiling Fan(s) · Central Air

fencing

Fenced

heating

Central

parking

Additional Parking · Attached · Boat · Driveway · Electric Gate · Garage Door Opener · RV Access/Parking · Secured

exterior

Boat Dock - Private · Boat Lift · CCTYD · Exterior Steps · Lighting · Outdoor Grill · Private Entrance · RV Hookup

flooring

Tile · Wood

interior

Bar · Bookcases · Built-in Features · Ceiling Fan(s) · Double Vanity · Kitchen Island · No Interior Steps · Pantry · Primary Bedroom on Main · Sound System · Storage · Walk-In Closet(s)

security

See Remarks

community

Gated

utilities

Electricity Connected · Propane · Sewer Connected · Water Connected

appliances

Built-In Gas Range · Built-In Oven(s) · Built-In Refrigerator · Dishwasher · Disposal · Dryer · Microwave · RNGHD · Water Purifier Owned · Wine Refrigerator

waterfront

Waterfront

water Source

See Remarks

construction

Stone

accessibility

None

LOOK BELOW THE LISTING

A place has layers.
Start with the evidence.

Check mapped flood zones and regional geology, then turn the findings into better questions before you buy. Each source describes a different part of the picture.

481 Chimney Cove Dr

Uses the listing’s reported coordinates, which may be approximate.

TAKE THE NEXT STEP

See how this home fits your life.

Ask about current availability, arrange a showing, or talk through the details with our local team.

Ask about this home ↗Request a comparative market analysis ↗Call (512) 710-0337 ↗

Listing source and permitted use

Presented by Austin Local Team · All City Real Estate, ltd. Co. · (512) 710-0337

Listings courtesy of Unlock MLS as distributed by MLS GRID.

Some IDX listings have been excluded from this website. This search includes eligible Active, Active Under Contract and Pending listings. Availability can change; confirm current status with the listing agent.

IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Use may be subject to an end user license agreement prescribed by the applicable MLS. Any use or search other than by a consumer looking to purchase real estate is prohibited.

Based on information submitted to the MLS GRID as of Sep 14, 2026, 11:55 PM Central. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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