#3447835, Joni Langle, Listing office: XL Highlands Realty LLC
481 Chimney Cove Dr Marble Falls, TX 78654
Property details
About 481 Chimney Cove Dr
Villa La Vita E’ Bella – A Mediterranean Retreat. Welcome to House of Good Life—a private, gated WATERFRONT sanctuary where 318 feet of shoreline, stunning water views, and unforgettable sunsets set the scene for everyday living and effortless entertaining. Situated on 5 pristine park-like acres in an exclusive gated community, this Mediterranean-style estate offers a unique blend of luxury, privacy, and lifestyle amenities that are truly one-of-a-kind. Conveniently located with easy access to Marble Falls, Lago Vista, Liberty Hill, Cedar Park and Leander. (approximately 11 miles to Marble Falls and 16 miles to Lago Vista) The 4,550 sq ft main home showcases timeless design with three fireplaces, generous living spaces, and a seamless connection to the outdoors. A chef’s kitchen opens to expansive gathering areas, perfect for hosting inside and out. Step onto the patio to enjoy hill country breezes or take a soak in the 18’, 2,000-gallon swim spa. Inside, large windows frame picture-perfect views, while a brand-new roof (2025) ensures peace of mind. In addition to the main house, this property also features additional square footage with a detached 571 sq ft guest house with a temperature-controlled wine cellar, 2 bedrooms and 1 bath—ideal for visitors or creative use. An approximately 500 sq ft art studio/storage space offers even more flexibility, and the powered shop makes hobbies or projects a breeze. Boaters will appreciate the private boathouse with a/c, plus there is even an RV or EV hookup and dual water systems (rainwater & lake water) for convenience and sustainability. Horses allowed! Whether you're hosting lakeside gatherings, seeking a quiet artist’s retreat, or building a multi-generational haven, this is a property that delivers lifestyle without compromise. Schedule your private tour today!
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Appliances: Gas Range, Oven, Refrigerator, Dryer, Dishwasher, Disposal, Microwave, Water Purifier, Range Hood, Wine Cooler
- Flooring Type: Tile, Wood
- Interior: 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
- Fireplace: Den, Family Room, Gas, Primary Bedroom, Stone, Wood Burning
- Total Bedroom Count: 5
- Garage Space: 3 spaces
- Private Pool: Yes
- Parking: Additional Parking, Attached, Boat, Driveway, Electric Gate, Garage, Garage Door Opener, RV Access/Parking, Secured
- Waterfront: Waterfront, Boat Ramp, Boat Lift
- View: Hills, Panoramic, Water
- Exterior: Boat Lift, Covered Courtyard, Dock, Exterior Steps, Lighting, Outdoor Grill, Private Entrance, RV Hookup
- Heating: Central
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $2,875,000
- Price/SqFt: $631
- HOA Amount: $750 Annually
- Annual Tax Amount: $7,400
- Tax Year: 2023
- Lot: Agricultural, Back Yard, Cleared, Landscaped, Level, Views
- Directions: From Austin: Take I-35 N, US-183 N, Lakeline Blvd and FM1431/RM 1431 W to Hickory Creek Rd (take left). Follow approximately 1.4 miles to Chimney Cove Drive gate. Go through the gate and continue on Chimney Cove Dr to 481 Chimney Cove, property is on the left with stone wall and private gate. From Marble Falls: From US-281 N to 10th St/E Farm to Market 1431 (turn right). Continue for approximately. 10.6 miles to Hickory Creek Rd. (turn right). Follow approx. 1.4 miles to Chimney Cove Drive gate. Go through the gate and continue on Chimney Cove Dr to 481 Chimney Cove, property is on the left with stone wall and private gate.
- Year Built: 2007
- Stories: 1
- Living Area: 4,550 SqFt
- Lot Size: 5.002 Acres
- MLS Number: 4527995
- MLS Name: ACTRIS
- Office Name: Kuper Sotheby's Int'l Realty
- Office Phone: (512) 608-5363
- Listing Agent: Kimberly Christman
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
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Last updated on: 7/24/2025, 7:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $1,356,986 | $7,400 |
2022 | $1,581,810 | $11,132 |
2021 | $1,306,378 | $11,209 |
2020 | $807,687 | $12,501 |
2019 | $708,503 | $11,434 |
2018 | $708,503 | $12,380 |
2017 | $662,190 | $11,766 |
History based on county public records data.
Nearby schools
7
Spicewood Elementary School
Public District PK-5
4.2 mi
•1005 Spur 191
6
Colt Elementary School
Public District PK-5
7.6 mi
•2200 Manzano Mile
3
Marble Falls Elementary School
Public District PK-5
9.4 mi
•901 Avenue U
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $69,676. Typical income of Marble Falls, TX residents is between $35k-100k annually. Most families are married, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 481 Chimney Cove Dr
The listing price of 481 Chimney Cove Dr property is $2,875,000.
The property 481 Chimney Cove Dr is a house located in Marble Falls, Texas, 78654.
Active Listing: 481 Chimney Cove Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 481 Chimney Cove Dr are: Spicewood Elementary School (GreatSchools Rating 7/10), Colt Elementary School (GreatSchools Rating 6/10), Marble Falls Elementary School (GreatSchools Rating 3/10), Marble Falls Middle School (GreatSchools Rating 4/10), Lago Vista Middle School (GreatSchools Rating 5/10), Lake Travis Middle School (GreatSchools Rating 9/10), Marble Falls High School (GreatSchools Rating 5/10), Falls Career High School (GreatSchools Rating 2/10), Lago Vista High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $7,400 (source: MLS/based on county public records data).
The property at 481 Chimney Cove Dr has 5 bedrooms and 4 full and 1 half bathrooms.
The property 481 Chimney Cove Dr is 4,550 SqFt (source: MLS/tax record).
The year of construction for 481 Chimney Cove Dr is 2007.
This home is located at 481 Chimney Cove Dr in Marble Falls, TX and zip code 78654 in the Chimney Cove Estates neighborhood. This 4,550 square foot home, which was built in 2007, sits on a 5.00 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 15, 2025 and is currently priced at $2,875,000.
Over 1 listings were sold over their listed price in June 2025 in Marble Falls, TX. In the same period over 7 listings were sold below the listed price and 4 listings were sold for the listed price. The inventory of homes for sale in Marble Falls, TX between May and June 2025 increased by 8.5%. In June 2025 median list price was $432,250 and the average listing age was 181 days.