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Welcome to the HOUSE OF THE GOOD LIFE, "Villa La Vita e' Bella" ! Estate Gated Escape on 5 Acres (w/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' 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.
| LAST UPDATED | 7/6/2026 | TRACT | Chimney Cove Estates |
|---|---|---|---|
| YEAR BUILT | 2007 | COMMUNITY | Chimney Cove Estates |
| GARAGE SPACES | 3.0 | COUNTY | Burnet |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Colt |
|---|---|
| Jr. High School | Marble Falls |
| High School | Marble Falls |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Dryer, Microwave, Oven, Water Purifier Owned, Wine Refrigerator |
| AREA | LN |
| CONSTRUCTION | Stone |
| EXTERIOR | Dock, Lighting, Outdoor Grill, Private Entrance, RV Hookup |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Central |
| HOA DUES | 750|Annually |
| INTERIOR | Bar, Bookcases, Built-in Features, Ceiling Fan(s), Double Vanity, Kitchen Island, Master Downstairs, Pantry, Sound System, Storage, Walk-In Closet(s) |
| LOT | 5.002 acre(s) |
| LOT DESCRIPTION | Agricultural, Back Yard, Cleared, Landscaped, Level, Views, Waterfront |
| PARKING | Additional Parking, Attached, Boat, Driveway, Electric Gate, Garage Door Opener, RV Access/Parking, Secured |
| POOL | Yes |
| POOL DESCRIPTION | Pool/Spa Combo, Private |
| SEWER | Septic Tank |
| STORIES | 1 |
| SUBDIVISION | Chimney Cove Estates |
| TAXES | 16605.11 |
| UTILITIES | Electricity Connected, Propane, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Lake, Panoramic, Water |
| WATER | See Remarks |
| WATER ACCESS | Lake Travis |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Waterfront |
MORTGAGE CALCULATOR
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Property listed by Lesli Akers, Keller Williams - Lake Travis
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 7/7/26 4:33 PM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is 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.
Information being provided is 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.
This IDX solution is (c) Diverse Solutions 2026.