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481 Chimney Cove Drive

Marble Falls, TX 78654 · View on map ↓

5Beds
4 + 1Baths
5,611Sqft
↓ $80,000 · Aug 21, 2026
$2,595,000
MLS# 21337310

Overview

5 / 4 + 1 / 4
Bed / Bath / Gar
5,611
Sq Ft
2007
Year Built
5.002 acres
Lot Size
83
CDOM
Single Family
Type

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.

Mortgage Calculator

20% · $519,000
0%50%
Principal & Interest$13,122(78%)
Property Tax$2,581(15%)
Homeowner's Insurance (est.)$1,081(6%)
HOA$63(0%)
Est. Monthly Payment$16,846/mo
Est. Monthly$16,846

Estimate only — contact a lender for actual rates and terms.

Rooms

Primary Bedroom
22 x 16 / 1
Living Room
24 x 17 / 1
Kitchen
0 x 0 / 1
Dining Room
15 x 15 / 1
Game Room
20 x 19 / 1
Office
12 x 11 / 1
Appliances
Built In Refrigerator, Double Oven, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Warming Drawer
Interior Features
Built In Features, Decorative Designer Lighting Fixtures, Double Vanity, Eat In Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Pantry, Vaulted Ceilings, Walk In Closets
Flooring
Tile, Wood
Laundry
Washer Hookup, Dryer Hookup
Window Features
Window Coverings
Fireplaces
3 · Bedroom, Den, Family Room, Gas, Living Room, Primary Bedroom, Stone, Wood Burning
Heating
Central, Fireplaces
Cooling
Central Air, Ceiling Fans
Utilities
Electricity Connected, Sewer Available, Underground Utilities
Architectural Style
Detached
Construction
Rock, Stone
Roof
Tile
Foundation
Slab
Exterior Features
Boat Slip, Lighting, Outdoor Living Area, Private Entrance, Private Yard, Rain Gutters
Patio / Porch
Covered
Pool
Pool, Pool Spa Combo
View
Water
Waterfront
Boat Dock Slip, Lake Front, Waterfront
Security
Smoke Detectors
Levels
One
Stories
1
Garage Spaces
4
Attached Garage
Yes
Covered Spaces
4

Schools

Elementary
Colt (Marble Falls ISD)
Middle
Marblefall (Marble Falls ISD)
High
Marblefall (Marble Falls ISD)

HOA

Fee
$750 / Annually
Fee Includes
Association Management, Maintenance Grounds

Price & Status History

DateEventPrice
8/21/2026Price change
Source: NTREIS #21337310
$2,595,000
7/21/2026Listed for sale
Source: NTREIS #21337310
$2,675,000

Nearby Properties

Listed by Lesli Akers · Keller Williams - Lake Travis
Source: NTREIS · MLS#: 21337310

Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of NTREIS. Real estate listings held by brokerage firms other than Sirka.com are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

© 2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.

5bed
5bath
4car
$2,595,000
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