
481 Chimney Cove Dr Marble Falls, TX 78654
Estimated payment $17,211/month
Highlights
- Boathouse
- Parking available for a boat
- Boat Lift
- Water Views
- Guest House
- In Ground Pool
About This Home
Villa La Vita E’ Bella – A Mediterranean Retreat.
Welcome to House of Good Life—a private, gated lakefront 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.
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!
Listing Agent
Kuper Sotheby's Int'l Realty Brokerage Phone: (512) 608-5363 License #0654189 Listed on: 05/15/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,683
Year Built
- Built in 2007
Lot Details
- 5 Acre Lot
- Waterfront
- Northwest Facing Home
- Private Entrance
- Fenced
- Landscaped
- Level Lot
- Cleared Lot
- Back Yard
HOA Fees
- $63 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Driveway
- Electric Gate
- Secured Garage or Parking
- Additional Parking
- Parking available for a boat
- RV Access or Parking
Property Views
- Water
- Panoramic
- Hills
Home Design
- Slab Foundation
- Tile Roof
- Stone Siding
Interior Spaces
- 4,550 Sq Ft Home
- 1-Story Property
- Sound System
- Built-In Features
- Bookcases
- Bar
- Ceiling Fan
- Wood Burning Fireplace
- Stone Fireplace
- Gas Fireplace
- Plantation Shutters
- Blinds
- Family Room with Fireplace
- 3 Fireplaces
- Dining Room
- Den with Fireplace
- Storage
- Dryer
Kitchen
- Gourmet Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Breakfast Bar
- Built-In Oven
- Built-In Gas Range
- Range Hood
- Microwave
- Built-In Refrigerator
- Dishwasher
- Wine Refrigerator
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Double Vanity
- Separate Shower
Outdoor Features
- In Ground Pool
- Boat Lift
- Boathouse
- Covered patio or porch
- Exterior Lighting
- Outbuilding
- Outdoor Grill
Schools
- Colt Elementary School
- Marble Falls Middle School
- Marble Falls High School
Utilities
- Central Heating and Cooling System
- Propane
- Well
- Water Purifier is Owned
- Septic Tank
Additional Features
- No Interior Steps
- Guest House
- Agricultural
Listing and Financial Details
- Assessor Parcel Number 9652
Community Details
Overview
- Association fees include common area maintenance
- Chimney Cove Estates Association
- Chimney Cove Estates Subdivision
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2023 | $7,407 | $1,037,126 | $0 | $0 |
2022 | $11,132 | $942,895 | -- | -- |
2021 | $14,248 | $1,306,378 | $55,329 | $1,251,049 |
2020 | $13,080 | $807,687 | $35,337 | $772,350 |
2019 | $12,380 | $708,503 | $37,837 | $670,666 |
2018 | $12,589 | $708,503 | $37,837 | $670,666 |
2017 | $11,827 | $811,939 | $187,575 | $624,364 |
2016 | $11,858 | $813,691 | $187,575 | $626,116 |
2015 | -- | $828,848 | $187,575 | $641,273 |
2014 | -- | $840,591 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/15/2025 05/15/25 | For Sale | $2,875,000 | -- | $632 / Sq Ft |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $800,000 | Credit Line Revolving | |
Closed | $645,100 | New Conventional | |
Closed | $685,000 | Construction |
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Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 4527995

APN: 9652
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