- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
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$2,595,000
Monthly Est:$12,916
5 Beds
- 5 Baths
4 full baths + 1 half bath
5,611sqft
481 Chimney Cove Dr, Marble Falls, TX 78654
$2,595,000
$12,916/moEst:
Get Pre-Approved
Single Family Residence
Built in 2007
$62.5/mo HOA
5 acres lot
$462/sq.ft
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.
- Houzeo last checked: 4 hours ago
- Listing updated: August 21, 2026 at 9:25 pm
- Listing Provided by: Lesli Akers (512) 584-6264 | Keller Williams - Lake Travis (512) 263-9090
- Source: NTREIS MLS-TX | MLS#: 21337310

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
2007
HOA Fees
$62.5/mo
Finished Area
5,611 sqft
Lot Size
5 acres lot
Basement Area
- sqft
MLS Name
NTREIS MLS
MLS Number
21337310
MLS Status
Active
Cumulative Days on Market
46

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Location
HOA Management
Chimney Cove Estates
HOA Fees
$750/ Annually
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Maintenance
AssociationManagement
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 5
Office
Level: First
Area: 132.00 Square Feet
Dimensions: 12 x 11
GameRoom
Level: First
Area: 380.00 Square Feet
Dimensions: 20 x 19
DiningRoom
Level: First
Area: 225.00 Square Feet
Dimensions: 15 x 15
Kitchen
Level: First
Area: 0.00 Square Feet
Dimensions: 0 x 0
LivingRoom
Level: First
Area: 408.00 Square Feet
Dimensions: 24 x 17
PrimaryBedroom
Level: First
Area: 352.00 Square Feet
Dimensions: 22 x 16
Interior
Window Features
Window Coverings
Cooling
Central Air, Ceiling Fans
Heating
Central, Fireplaces
Exterior Features
Boat Slip, Lighting, Outdoor Living Area, Private Entrance, Private Yard, Rain Gutters
Flooring
Tile, Wood
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
Construction
Year Built
Year Built: 2007
Home type
Single Family Residence
Construction Materials
Rock, Stone
Architectural Style
Detached
Foundation Details
Slab
Roof
Tile
Property Condition
Resale
Utilities & Energy
Parking Features
Circular Driveway, Driveway, Electric Gate, Enclosed, Garage Faces Front, Garage, Garage Door Opener, Inside Entrance, Secured, Storage, Boat, Rv Access Parking
Fireplace Features
Bedroom, Den, Family Room, Gas, Living Room, Primary Bedroom, Stone, Wood Burning
Laundry Features
Washer Hookup, Dryer Hookup
Utilities
Electricity Connected, Sewer Available, Underground Utilities
Pool Features
Pool, Pool Spa Combo
Security Features
Smoke Detectors
Other Features
Lot Features
Agricultural, Back Yard, Cleared, Lawn, Landscaped, Level, Sprinkler System, Waterfront
Disclosures
Flood Plain Disclosure
Subdivision Name
Chimney Cove Estates
Patio And Porch Features
Covered
Price History
| Date | Event | Price |
|---|---|---|
07/21/2026 Source: | Listed for Sale | $2,675,000 +3.08% $477/sqft |
07/21/2026 Source: | Price Decreased | $2,595,000 -2.99% $462/sqft |
07/21/2026 Source: | Price Decreased | $2,675,000 -5.31% $477/sqft |
11/17/2025 Source: | Listing Removed | $2,825,000 $503/sqft |
10/07/2025 Source: | Price Decreased | $2,825,000 -1.74% $503/sqft |
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Based on information from the North Texas Real Estate Information Systems, Inc., through Nov 02, 2026, 02:15PM. Information is provided exclusively for consumers’ personal, non-commercial use. It 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 accurate. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.
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