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311 Oleander DR, Marble Falls, TX 78654 (MLS # 7902186)

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PRICE $2,499,000 dsIDX morgage calculator
BEDS 4
BATHS 2.5
HOME SIZE 4,143 sqft
LOT SIZE 2,614 sqft

Where lake life meets quiet opulence, Oleander is not just a home.... It's a private waterfront estate that rewrites the standard for Shady Acres. Set on an extraordinary 205 feet of channel frontage, this single-story retreat stretches out with intention and confidence. Inside, an expansive living room opens to walls of windows that frame the water like living art. It's the kind of space that doesn't just host people.... it gathers them. The kitchen is built for serious culinary firepower: a chef's propane range, dual dishwashers, and the kind of flow that keeps everything seamless when entertaining. Tucked behind it, a fully equipped baker's kitchen adds a second layer of function with additional appliances, storage, and prep space. The primary suite is its own sanctuary. Fireplace lit, doors open to the pool, and a bathroom that leans into luxury with a clawfoot tub, walk-in shower, dual vanities, and seated make-up area. Even the closet complete with washer and dryer hook-ups that keep life effortlessly contained. Step outside and the tone shifts from refined to resort. An oversized 12-foot-deep pool with a waterfall becomes the centerpiece, framed by swaying palms and a rare sandy lounge area. Two firepits anchor the massive patio, from there, the property flows down to the water and is designed to be experienced, not just admired. The pool house delivers the lifestyle with its own bedroom, living space, kitchenette, and full bath. A detached two-car garage with three additional storage rooms handles everything behind the scenes. At the shoreline, a covered hydraulic boat slip with a fully automated enclosure and 2 jet ski lifts makes getting on the water effortlessly. Every inch of this 4183 sq ft estate has been curated with intention-from the fountain-lined front approach to the lush, high-end landscaping that wraps the entire property in color and texture. This isn't a "nice home" in the neighborhood. This is the one everything else is compared to.

LAST UPDATED 5/22/2026 TRACT Shady Acres
YEAR BUILT 1970 COMMUNITY Shady Acres
GARAGE SPACES 2.0 COUNTY Burnet
STATUS Active PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Marble Falls
Jr. High School Marble Falls
High School Marble Falls


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Central Air
AIR CONDITIONING Yes
APPLIANCES Built-In Gas Oven, Dishwasher, Disposal, Double Oven, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer, Free-Standing Freezer, Microwave, Propane Cooktop, Refrigerator
AREA BU
CONSTRUCTION Brick, See Remarks, Stone
EXTERIOR Dock, Private Entrance, Private Yard
FIREPLACE Yes
GARAGE Yes
HEAT Central
HOA DUES 200|Annually
LOT 2614 sq ft
LOT DESCRIPTION Back Yard, Few Trees, Front Yard, Level, Native Plants, Private, Sprinklers In Front, Sprinklers In Rear, Waterfall, Waterfront
PARKING Detached, Driveway, Garage, Garage Door Opener, Garage Faces Front, Kitchen Level, Paved, Private
POOL Yes
POOL DESCRIPTION In Ground, Outdoor Pool, Waterfall, Private
SEWER Aerobic Septic, Septic Tank
STORIES 1
SUBDIVISION Shady Acres
TAXES 363198.75
UTILITIES Electricity Connected, Propane, Underground Utilities, Water Connected
VIEW Yes
VIEW DESCRIPTION Canal, Lake, Neighborhood, Water
WATER Public
WATER ACCESS Lake LBJ
WATERFRONT Yes
WATERFRONT DESCRIPTION Canal Front, Waterfront
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Property listed by Kasey Mercurio, MCM Land Company LLC
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 5/22/26 5:35 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.

This IDX solution is (c) Diverse Solutions 2026.