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Diane Hart Alexander, MBA, MHA

diane@alex.realestate +1(713) 591-9902

$ 2,695,000

Est. payment -/mo

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Price Dropped by $90K

481 Chimney Cove Dr Marble Falls, TX 78654

5 Beds

4.5 Baths

5,611 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,611 sqft

Price per Sqft $480

Subdivision Chimney Cv Est

MLS Listing ID HLM176676

Style Custom

Bedrooms 5

Full Baths 4

Half Baths 1

HOA Fees $750/ann

Year Built 2007

Lot Size 5.000 Acres

Acres 5.0

Lot Dimensions 318' x 953' x 140' x 975'

Property Sub-Type Single Family Residence

Source highland

Property Description

Villa La Vita è Bella – Gated Waterfront Ag-exempt Estate on 5 Acres Experience refined lakefront living with 318 feet of shoreline, panoramic water views, and breathtaking sunsets — all behind the gates of an exclusive community. Set on 5 usable, park-like acres with a rare agricultural exemption and low 1.3233% tax rate, this private retreat offers luxury, space, and exceptional value. Roaming Texas Longhorns allow the agricultural exemption. The 5,611± square foot Mediterranean-inspired residence features 5 bedrooms, three fireplaces, expansive living areas, and seamless indoor–outdoor flow designed for entertaining. A chef's kitchen opens to generous gathering spaces, while walls of windows frame stunning lake and Hill Country views. A brand-new 2025 roof adds peace of mind. Outdoor living shines with a covered patio perfect for year-round enjoyment and an impressive 18-foot, 2,000-gallon swim spa. A separate 2-bedroom guest house includes a temperature-controlled wine room and another building that is a flexible bonus space, ideal for an art studio, gym, private office, game room or music studio. Private, floating boat dock with boat lift, jet ski and air conditioned room. Conveniently located with easy access to Marble Falls, Lago Vista, Liberty Hill, Cedar Park, and Leander — yet worlds away in privacy and tranquility. A rare opportunity to own gated waterfront acreage with luxury amenities and low taxes.

Location

State TX

County Burnet

Interior

Interior Features Wet Bar, Breakfast Bar, Coffered Ceiling(s), Crown Molding, Granite Counters, Pantry, Recessed Lighting, Split Bedroom, Walk-In Closet(s), Wine Cellar, Wood Ceiling, No Steps to Entry

Heating Central

Cooling Central Air

Flooring Hardwood, Saltillo, Tile

Fireplaces Type Three

Appliance Dishwasher, Double Oven, Disposal, Ice Maker, Microwave, Gas Range, Built-In Refrigerator, Warming Drawer, Washer Hookup

Exterior

Exterior Feature Courtyard, Rain Gutters, Sprinkler System

Parking Features 3+ Car Attached Garage, 1 Car Detached Garage, Garage Door Opener, Side Entry, RV Parking Slab

Fence Wire, Wrought Iron

Pool Private

Waterfront Description Open Water

View Hill Country, Lake, Panoramic

Roof Type Tile

Building

Story 1

Foundation Slab

Sewer Septic Tank

Water Other

Structure Type Other,Stone

Schools

School District Marble Falls

Others

Virtual Tour https://vimeo.com/1084810971?s...

Listed by Kuper Sotheby's Int'l Realty

NEARBY SCHOOLS & PROPERTIES

Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker | License ID: 565194

+1(713) 591-9902

Diane Hart Alexander, MBA, MHA

481 Chimney Cove Dr Marble Falls, TX 78654

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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481 Chimney Cove Dr