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Listed price in listed location currency (USD).
$2,825,000

550

MLS® 4878913

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 5611 sqft
Garage Yes
Taxes $16,605
Days Active 1
Lot Size 5.002 acres
Approx. Age 2007
Avg. Price Per Sqft $503
MLS® Number 4878913

Property Address: 481 Chimney Cove Dr, Marble Falls, TX, 78654-3339

Average square foot calculated using Size range provided by listing agent.

Description

Villa La Vita e’ Bella – Gated Waterfront Escape on 5 Acres with Ag Exemption Welcome to House of the Good Life, a rare, private gated waterfront estate where 318 feet of shoreline, panoramic water views, and unforgettable sunsets create an extraordinary setting for refined living and effortless entertaining, all complemented by a remarkably low 1.3233% agricultural exempt tax rate. Set on 5 pristine, park-like acres within an exclusive gated community, this Mediterranean-inspired sanctuary offers an exceptional blend of luxury, serenity, and lifestyle amenities. Ideally positioned for both seclusion and convenience, with easy access to Marble Falls, Lago Vista, Liberty Hill, Cedar Park, and Leander. The 5, 611 square foot property reflects timeless architecture and relaxed elegance with 5 bedrooms, featuring three 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 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. With expansive acreage, significant waterfront, and ag-exempt status supported by grazing Longhorns, this one-of-a-kind estate invites you to live beautifully and experience the good life.
MLS® Number4878913
Laundry LevelLaundry Room, Washer Hookup
Central VacNo
FireplaceNo
Acreage5.002
Exterior
GarageYes
Approx. Age2007
Basement
DrivewayAdditional Parking, Attached, Boat, Driveway, Electric Gate, Garage, Garage Door Opener, Rv Access Parking, Secured
Garage Spaces3
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 26, 2026List Date
$2,825,000List Price

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