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5 Beds
5 Baths
5,611 sqft

$2,595,000

481 Chimney Cove Drive, Marble Falls TX, 78654

Price per sqft$462.48
Built in2007
Property size5,611 sqft
Property typeResidential
Courtesy of Keller Williams - Lake Travis, Listing Contact:

Overview

Active

Listed Jul 6, 2026

Updated Aug 29

Welcome to the HOUSE OF THE GOOD LIFE, "Villa La Vita e' Bella!" This gated 5-acre waterfront estate (Ag Exempt, low 1.323% tax rate) offers 318' of shoreline on the deeper arm of the Colorado River, panoramic water views, and unforgettable sunsets. Ideally located near Marble Falls, Horseshoe Bay, Spicewood, Lago Vista, Liberty Hill, Cedar Park, and Leander, this Italy-inspired sanctuary blends luxury, serenity, and exceptional amenities. The sprawling 5,611 SF single-story custom home features 5 bedrooms (2 in the main home, plus a private casita and separate guest house), 3 masonry fireplaces, expansive living areas, and seamless indoor-outdoor living. The chef's kitchen opens to generous entertaining spaces, while walls of windows showcase breathtaking lake views. A new 2025 roof provides added peace of mind. Enjoy the covered patio and impressive 18' 2,000-gallon swim spa year-round. The detached 2-bedroom, 1-bath guest house includes a temperature-controlled wine room and flexible bonus room ideal as an art studio, gym, or office. A powered workshop, dual water sources, EV connection, RV hookup, and private air-conditioned boathouse with boat lift and jet ski ramp complete this remarkable property. Too many exceptional features to list—it truly must be experienced in person. As George Strait said, "There's a difference in living and living well." Come experience the difference today.

$17,265/mo

Est. mortgage payment based on a $2,595,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
178635

Interior Features

Bedrooms
5
Bathrooms
5
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
5 Acres

Other Property Details

Association Fee Frequency
Yearly
View
Yes
Pool
Yes
Waterfront
Yes

Also listed on ACTRIS

Listings courtesy of Highland Lakes Association of REALTORS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 3:42 AM UTC on 8/29/2026. 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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