Maria Sosa

481 Chimney Cove Drive

Marble Falls, TX
$ 2,595,000 Beds 5 Baths 4.5 Sq 5,611 Virtual Tour
Monthly Estimate* How much can I afford?

Welcome to the HOUSE OF THE GOOD LIFE, Villa La Vita e’ Bella! Estate Gated Escape on 5 Acres (with 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 ft 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.

Active

  • Price
  • $ 2,595,000
  • City
  • Marble Falls
  • Bedrooms
  • 5
  • Full Bathrooms
  • 4
  • County
  • BURNET
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 5.002 Acres
  • Zip
  • 78654
  • Sqr Footage
  • 5,611
  • Year Built
  • 2007
  • Taxes
  • $ 30969
  • Style
  • Single Family Residence
  • MLS#
  • 21337310
Listed By: Keller Williams - Lake Travis
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central,Fireplace(s)
Cooling Ceiling Fan(s),Central Air
Utilities Electricity Connected,Sewer Available,Underground Utilities
Possession Closing/Funding
Roof Tile
Appliances Built-in Refrigerator,Dishwasher,Disposal,Gas Range,Ice Maker,Microwave,Double Oven,Warming Drawer
Assoc Fees 750
Number of Garage Spaces 4
Restrictions Deed
School District Marble Falls ISD
HOA Fee Includes Maintenance Grounds,Management Fees
Pool Y/N Yes
Year Built 2007
Levels One
Unexempt Taxes 30969
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Chimney Cove Estates
Accessibility Features Accessible Hallway(s)
Transaction Type For Sale
Occupant Type Owner
County Burnet
Property Type Residential
Security Features Smoke Detector(s)
Construction Materials Rock/Stone
Association Fee Frequency Annually
Year Built Details Preowned
HOA Type Mandatory
Special Notes Aerial Photo,Flood Plain,Survey Available
Full Baths 4
Status Active
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
City Marble Falls
Elementary School Name Colt
High School Marblefall
Elementary School Colt
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21337310
Standard Status Active
Listing Terms Cash,Conventional

Interior Features

Interior Features Built-in Features,Decorative Lighting,Double Vanity,Eat-in Kitchen,Granite Counters,High Speed Internet Available,Kitchen Island,Pantry,Vaulted Ceiling(s),Walk-In Closet(s)
Flooring Tile,Wood
Fireplace Features Bedroom,Den,Family Room,Gas,Living Room,Primary Bedroom,Stone,Wood Burning
Fireplaces Total 3
Dining Areas 2
Living Areas 2
Room Count 6
Half Baths 1
Lock Box Type Supra
Total Bedrooms 5
Total Baths 5
Window Features Window Coverings
Laundry Features Full Size W/D Area,Dryer Hookup,Washer Hookup

Exterior Features

Waterfront Yes
Exterior Features Boat Slip,Covered Patio/Porch,Rain Gutters,Lighting,Outdoor Living Center,Private Entrance,Private Yard,RV/Boat Parking
Lot Features Agricultural,Cleared,Landscaped,Level,Lrg. Backyard Grass,Sprinkler System,Water/Lake View,Waterfront
Fencing Rock/Stone,Wrought Iron
Soil Type Unknown
Other Structures Guest House,RV/Boat Storage,See Remarks
Parking Features Circular Driveway,Driveway,Electric Gate,Enclosed,Garage,Garage Door Opener,Garage Faces Front,Inside Entrance,RV Access/Parking,Secured,Storage
WaterFront Features Dock – Covered,Lake Front
Lot Size 5 to < 10 Acres
Covered Spaces 4
Foundation Slab
Pool Features Pool/Spa Combo
Lot Size Area 5.0020
Lot Size Units Acres
Structural Style Single Detached
Garage Y/N Yes
Lot Size Square Feet 217887.1200
Lot Size Acres 5.0020
Patio And Porch Features Covered
Attached Garage Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Colt Elementary School
Middle School Unknown Middle School
High School

Price History

7/22/2026 Listed $2,675,000
8/21/2026 3% - $2,595,000

Property vs Zip Code Average in 78654

Price
AVG $1.08M
$2.6M
Taxes
AVG $14,814
$30,969
Year Built
AVG 2001
2007
Visits
AVG 6
28
Data Provided by Inside Real Estate®

Areas That We Cover

481 Chimney Cove Drive Marble Falls, TX is a Single Family Home for sale at $2595000 with 5611 sqft and a lot size of 5.002 Acres Acre(s). 481 Chimney Cove Drive Marble Falls has 5 bedrooms, 4 baths and was built in 2007. The property's zip code is 78654 which is in Marble Falls, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Maria Sosa

Maria Sosa

Realtor®

254-981-6389

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