| Beds | 5 |
|---|---|
| Baths | 5 |
| Sqft | 5,611 |
| Acres | 5.00 |
| Property Type | Home |
| Heating | Central |
| Parking | Additional Parking, Attached, Boat, Driveway, Electric Gate, Garage, RV Access/Parking, Secured |
| Year Built | 2007 |
| Stories | 1 |
| Cooling | Central Air, Ceiling Fan(s) |
| Days on Market | 74 |
| Garages | 3.00 |
About 481 Chimney Cove Dr
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.
Location
| Legal Description | S3656 CHIMNEY COVE ESTATES LOT 13 5.002 |
|---|---|
| Address | 481 Chimney Cove Dr |
| County | Burnet |
| City | Marble Falls |
| Zip Code | 78654 |
| Subdivision | Chimney Cove Estates |
| School District | Marble Falls ISD |
| MLS Area | LN |
Size and Restrictions
| Acres | 5.00 |
|---|---|
| Lot Description | Agricultural, Back Yard, Cleared, Landscaped, Level, Views |
| Horses Allowed | No |
| $/Acre | $518,792 |
Improvements
| Parking | Additional Parking, Attached, Boat, Driveway, Electric Gate, Garage, RV Access/Parking, Secured |
|---|---|
| Garage Spaces | 3.00 |
| Fence | Fenced |
| Exterior Features | Boat Lift, Covered Courtyard, Dock, Exterior Steps, Lighting, Outdoor Grill, Private Entrance, RV Hookup |
Features
| View | Hills, Lake, Panoramic, Water |
|---|---|
| Water Access | Waterfront, Boat Ramp/Lift Access |
| Waterfront | Lake Travis |
Utilities
| Water | See Remarks |
|---|---|
| Utilities | Electricity Connected, Propane, Sewer Connected, Water Connected |
Amenities
| Area Amenities | Gated |
|---|
Beds and Baths
| Bedrooms | 5 |
|---|---|
| Main Level Beds | 5 |
| Bathrooms | 4 full / 1 half |
| Primary on Main | Yes |
Other Rooms
| Kitchen Appliances | Built-In Gas Range, Built-In Oven, Built-In Refrigerator, Dryer, Dishwasher, Disposal, Microwave, Water Purifier Owned, Range Hood, Wine Refrigerator |
|---|---|
| Laundry Facilities | Laundry Room, Washer Hookup |
Heating and Cooling
| Heating | Central |
|---|---|
| Air Conditioning | Central Air, Ceiling Fan(s) |
| Fireplaces | Den, Family Room, Gas, Primary Bedroom, Stone, Wood Burning |
Interior Features
| Flooring | Tile, Wood |
|---|---|
| Features | Bookcases, Built-in Features, Ceiling Fan(s), Double Vanity, Kitchen Island, Main Level Primary, No Interior Steps, Pantry, Sound System, Storage, Bar, Walk-In Closet(s), Wired for Sound |
| Disability | None |
Building Information
| Square Feet | 5,611 |
|---|---|
| Year Built | 2007 |
| # of Stories | 1 |
| Building Faces | Northwest |
| Construction | Stone |
| Foundation | Slab |
| Roof | Tile |
Property Features
| Exterior Features | Boat Lift, Covered Courtyard, Dock, Exterior Steps, Lighting, Outdoor Grill, Private Entrance, RV Hookup |
|---|
Garage and Parking
| Garage | Garage Door Opener |
|---|---|
| Parking | Additional Parking, Attached, Boat, Driveway, Electric Gate, Garage, RV Access/Parking, Secured |
Financial
| $/Sq Ft | $462 |
|---|---|
| $/Acre | $518,792 |
| Special Conditions | DeedRestrictions |
| Documents Available | Aerial, Deed Restriction, Survey |
| Disclosures | Seller Disclosure |
Property Taxes
| Appraisal District | Burnet |
|---|---|
| Estimated Taxes | $16,605 |
| Tax ID | 9652 |
| Tax Year | 2025 |
Homeowner Association
| Has HOA | Yes |
|---|---|
| HOA Name | Chimney Cove Estates |
| HOA Fee | $750 - Annually |
Listing Details
| Office | Keller Williams - Lake Travis |
|---|---|
| Contact Info | (512) 584-6264 |