481 Chimney Cove Drive
Marble Falls, TX 78654
$2,595,000
5,611 sqft
5 beds
4.5 baths
Description
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
Schools
| School Name | Grades | Admission |
|---|---|---|
| Colt Elementary School | PK - 5 | Regular |
| Marble Falls High School | 9 - 12 | Regular |
| Marble Falls Middle School | 6 - 8 | Regular |
| 3 Schools | ||
*All school information should be verified by local Independent School District.
* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.
The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.