About 481 Chimney Cove Drive
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.
Features of 481 Chimney Cove Drive
| MLS® # | 178635 |
|---|---|
| Price | $2,675,000 |
| Bedrooms | 5 |
| Bathrooms | 4.50 |
| Full Baths | 4 |
| Half Baths | 1 |
| Square Footage | 5,611 |
| Acres | 5.00 |
| Year Built | 2007 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Custom |
| Status | Active |
Community Information
| Address | 481 Chimney Cove Drive |
|---|---|
| Subdivision | Chimney Cv Est |
| City | Marble Falls |
| County | Burnet |
| State | TX |
| Zip Code | 78654 |
Amenities
| Amenities | Water, Gated |
|---|---|
| Parking | Electric Gate |
| Garages | 3+ Car Attached Garage, 1 Car Detached Garage, Garage Door Opener, Side Entry, RV Parking Slab |
| View | Hill Country, Lake, Panoramic |
| Has Pool | Yes |
| Pool | Private |
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 |
|---|---|
| Appliances | Dishwasher, Double Oven, Disposal, Ice Maker, Microwave, Gas Range, Built-In Refrigerator, Warming Drawer, Washer Hookup |
| Heating | Central |
| Cooling | Central Air |
| Fireplace | Yes |
| Fireplaces | Three |
| # of Stories | 1 |
| Has Basement | No |
Exterior
| Exterior Features | Courtyard, Rain Gutters, Sprinkler System |
|---|---|
| Roof | Tile |
| Construction | Other, Stone |
| Foundation | Slab |
School Information
| District | Marble Falls |
|---|
Waterfront Information
| Is Waterfront | Yes |
|---|---|
| Waterfront Type | Open Water |
| Waterfront | Lake Travis North |
Additional Information
| Date Listed | July 6th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| HOA Fees | 750 |
| HOA Fees Freq. | Annually |
Listing Details
| Agent | Lesli Akers |
|---|---|
| Office | Keller Williams - Lake Travis |