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481 Chimney Cove Dr, Marble Falls, TX 78654

$2,695,000
  • 481 Chimney Cove Dr, Marble Falls, TX 78654 Main Photo

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Active
BEDS5 BATHS4 full 1 partial SQUARE FEET5,611 MLS#4878913
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONChimney Cove Estates SCHOOLMarble Falls ISD

Property Description

Villa La Vita e Bella ? Gated Waterfront Escape on 5 Acres with Ag ExemptionWelcome to House of the Good Life, a rare, private gated waterfront estate where 318 feet of shoreline, panoramic water views, and unforgettable sunsets create an extraordinary setting for refined living and effortless entertaining, all complemented by a remarkably low 1.3233% agricultural exempt tax rate.Set on 5 pristine, park-like acres within an exclusive gated community, this Mediterranean-inspired sanctuary offers an exceptional blend of luxury, serenity, and lifestyle amenities. Ideally positioned for both seclusion and convenience, with easy access to Marble Falls, Lago Vista, Liberty Hill, Cedar Park, and Leander.The 5,611 square foot property reflects timeless architecture and relaxed elegance with 5 bedrooms, featuring three 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 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. With expansive acreage, significant waterfront, and ag-exempt status supported by grazing Longhorns, this one-of-a-kind estate invites you to live beautifully and experience the good life.

481 Chimney Cove Dr | MLS# 4878913

This single family home located at 481 Chimney Cove Dr, Marble Falls, TX 78654 is currently listed for sale with an asking price of $2,695,000. This property was built in 2007 and has 5 bedrooms and 4 full and 1 partial baths with 5611 sq. ft. Chimney Cove Dr is located in the Chimney Cove Estates subdivision within the Marble Falls ISD school district. Search Chimney Cove Estates real estate on www.millingaboutre.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Ceiling Fan(s), Central Air
Fenced: Yes
Fireplaces: 3
Garage: 3 car attached
Heating: Central
Lot Size: 5.00 Acres
Roof Type: Tile
Stories: 1.0
Taxes: $16,605
Year Built: 2007

Amenities

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

Feature Descriptions

Appliances: Built-In Gas Range, Built-In Oven(s), Built-In Refrigerator, Dishwasher, Disposal, Dryer, Microwave, RNGHD, Water Purifier Owned, Wine Refrigerator
Area #: LN
Body of Water: Lake Travis
Community Features: Gated
Days on Site: 76
Exterior: Stone
Fencimg: Fenced
Fireplace: Den, Family Room, Gas, Primary Bedroom, Stone, Wood Burning
Flood Plain: Partial
Flooring: Tile, Wood
HOA Fee: $750/ Annually
Laundry: Washer Hookup
Lot: Agricultural, Back Yard, Cleared, Landscaped, Level, Views
Parcel#: 9652
Parking: Additional Parking, Attached, Boat, Driveway, Electric Gate, Garage Door Opener, RV Access/Parking, Secured
Parking Notes: Additional Parking, Attached, Boat, Driveway, Electric
Patio/Porch: Covered, Rear Porch
Pool: In Ground, Pool/Spa Combo
Restrictions: Deed Restrictions
Security: See Remarks
Sewer: Septic Tank
Special View Info: Hill Country, Lake, Panoramic, Water
Swimming Pool: Yes
Utilities: Electricity Connected, Propane, Sewer Connected, Water Connected
Water Features: Waterfront
Window: Blinds, Plantation Shutters

Local Schools

High School: Marble Falls
Middle School: Marble Falls
Elementary School: Colt
School District: Marble Falls ISD

Listed By / Shown By

Listed By

Agency Name: Kuper Sotheby's Int'l Realty
Agency Contact: (512) 608-5363

Shown By

Agent Name: Fred Milling
Agent Phone: (512) 623-0580
Agency Title: Realty Capital City

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Estimated Payment

$ 8,167.69 per month $5,997.90 Principal & Interest $1,383.75 Property Tax $786.04 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 05/13/2026. The listing information on this page last changed on 05/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 05/13/2026 1:45:02 AM EST) or Austin MLS (last updated Wed 05/13/2026 12:27:41 AM EST) or CTXMLS (last updated Tue 05/12/2026 11:34:25 PM EST). Real estate listings held by brokerage firms other than Realty Capital City may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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