Date
Details
Price
Change
Source
2/26/2026
Listed
$2,825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Villa La Vita é 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.
Full Property Details
Full Property Details for 481 Chimney Cove Dr
General
- Price: $2,825,000
- HOA FEE: $63/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Single Family
- Source: Highland_Lakes_MLS
- MLS ID: 176676
- Updated: 2/26/2026
- Added to Site: 1 day(s) ago
Interior
- Rooms/Areas: Bonus Room, Dining Room, Foyer, Great Room, Kitchen, Laundry, Study/Office, Storage Room, Utility Room Inside, Main Level Master Bdrm, Media Room
- 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
- Fireplace: Yes
- Fireplace(s): Three, Three
- Appliances: Dishwasher, Double Oven, Disposal, Ice Maker, Microwave, Gas Range, Built-In Refrigerator, Warming Drawer, Washer Hookup
- Flooring: Hardwood, Saltillo, Tile
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Additional Information
- Shared Amenities: Water, Gated
- Pool: Yes
- Pool Description: Private
Exterior
- Exterior Features: Courtyard, Rain Gutters, Sprinkler System
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Door Opener: Yes
- Parking Features: Electric Gate
- Garage Description: 3+ Car Attached Garage, 1 Car Detached Garage, Garage Door Opener, Side Entry, RV Parking Slab
Location
- County: Burnet
- Subdivision: Chimney Cv Est
- Driving Directions: From Marble Falls: Take 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). Go approx. 1.4 miles to Chimney Cove Dr gate. Go through the gate and continue on Chimney Cove Dr to 481 Chimney Cove, property is on the left.
School Information
- High School District: Marble Falls
Community
- Association: Yes
- Assoc. Fees Include: Maintenance Structure
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Other
Structural Information
- Architectural Style: Custom
- Construction: Other, Stone
- Foundation: Slab
- Roof: Tile
- Stories/Levels: 1
- Square Feet: 5,611
- Sq. Ft. Source: Owner
- Living Area: 5,611 Sq. Ft.
- Year Built: 2007
Unit Information
- Residential Units: 1
Lot Features
- Property View: Hill Country, Lake, Panoramic
- Lot Size (Acres): 5
- Lot Size (Sq. Ft.): 217,887
- Lot Dimensions: 318' x 953' x 140' x 975'
- Frontage: Private Road
- Fence: Yes
- Fencing (Description): Wire, Wrought Iron
Water Features
- Water View: Yes
- Water Front Type: Open Water
- Water Front View: Lake Travis North
- Boat Dock Slip: Yes
Green Features
- Energy Efficient: Ceiling Fan(s)
Financial Considerations
- Price Per Sq. Ft.: $503.48
- Association Fee: Yes
- Association Fee: $750
- Assoc Fee Freq.: Annually
Disclosures and Reports
- Legal Description: S3656 CHIMNEY COVE ESTATES LOT 13 5.002
- Property ID: 9652
Listed by Kuper Sotheby's Int'l Realty, Kim Christman
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Or call us at (800) 531-7667
Listing agent
— 481 Chimney Cove Dr —
Kim Christman
Kuper Sotheby's Int'l Realty
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 481 Chimney Cove Dr
School District:Marble Falls Independent School District
| Name | Grades | Distance |
|---|---|---|
Colt Elementary School 2200 Manzano Mile, Marble Falls, TX 78654 | PK-5 | 7.6 mi |
Marble Falls Middle School 1511 Pony Drive, Marble Falls, TX 78654 | 6-8 | 9 mi |
Marble Falls High School 2101 Mustang Drive, Marble Falls, TX 78654 | 9-12 | 7.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 481 Chimney Cove Dr
Tax History
Tax History for 481 Chimney Cove Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,407
-47%
$1,574,720
8%
2024
$13,955
89%
$1,460,669
8%
2023
$7,400
-34%
$1,356,986
-14%
2022
$11,132
—
$1,581,810
21%
2021
$11,179
—
$1,306,378
62%
2020
$11,209
-2%
$807,687
14%
2019
$11,435
-8%
$708,503
—
2018
$12,380
—
$708,503
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 481 Chimney Cove Dr
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- Single Family
- Active
- Updated 7 days ago
- 4Beds
- 5Total Baths
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481 Chimney Cove Dr, Marble Falls, TX 78654 (MLS# 176676) is a Single Family property with 5 bedrooms, 4 full bathrooms and 1 partial bathroom. 481 Chimney Cove Dr is currently listed for $2,825,000 and was received on February 26, 2026. Want to learn more about 481 Chimney Cove Dr? Do you have questions about finding other Single Family real estate for sale in Marble Falls? You can browse all Marble Falls real estate or contact a Coldwell Banker agent to request more information.