401 Crestview Dr, Marble Falls, TX 78654

$2,400,000
5
BD
8
BA
5,184
SqFt

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List Price
$2,400,000
Status
ACTIVE
Days on Market
66
MLS#
4283530
Subtype
Residential
Year Built
1950
Bedrooms
5
Bathrooms
8
Full Baths
5
Half Baths
3
Living Area
5,184
Lot Size
72,745
Acres
1.67
Subdivision
Rippy-Baker Sub
Neighborhood
Rippy-Baker Sub
MLS Area Major
Burnet/Llano, Gillespie/Blanco, Northwest Travis Co.

Property Description

Perched above Lake Marble Falls in a quiet, laid-back area of town, this rare 1.67-acre dual-lot property offers the perfect blend of relaxed lake living and unmatched versatility for entrepreneurs, investors, and outdoor enthusiasts. This unique, in-town opportunity features 3 different structures for future flexibility. The main home, with quaint 1950s charm, features 4 bedrooms, 3.5 baths, two spacious living areas, and outdoor spaces with panoramic lake and Hill Country views. Primary and secondary bedroom suites are located on the main floor, while the lower level includes two additional bedrooms and a game room. Near the main home, a modern two-story structure could act as a guest home with an upstairs apartment and deck with incredible views. Downstairs is a converted garage bunkroom with a kitchenette and bath, offering flexible accommodations for guests, extended stays, or short-term rentals. Adjacent to the main house, the third structure spans approximately 3000 SF with 2100 SF of fully insulated and heated/cooled garage, including a half bath and large spaces for equipment storage or all the hobby areas you need! This building adds extraordinary functionality rarely found on the lake and in town. It is ready to be a workshop, office, exercise room, additional parking, etc. A golf cart path winds down to a private single-slip boat dock with a party deck and storehouse, creating effortless access to days on the water. Enjoy the structures as they stand, or plan your own custom build. All this plus convenience to shopping, restaurants, and necessities in Marble Falls. Less than half a mile to Bluebonnet Cafe, a half mile to Main Street and live music at Old Oak Square, and only 1.3 miles from HEB. City utilities. Short-term rentals are allowed with registration with the City. Nothing like it elsewhere on the lake at this price point. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.

Additional Information

Amenities
Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Walk-In Closet(s)
Interior Features
Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Walk-In Closet(s)
Exterior Features
Boat Dock - Private, Boat Lift, Boat Slip, Private Yard
Taxes
$25,425
Appliances
Built-In Oven(s), Dishwasher, Gas Cooktop, Microwave, RNGHD, Refrigerator, Stainless Steel Appliance(s)
Heating
Central
Air Conditioning
Central Air
Exterior Construction
HardiPlank Type, Masonry Partial, Stone
Stories
2
Levels
Two
Roof
Membrane, Metal
Garage Spaces
7
School District
Marble Falls ISD
Elementary School
Colt
Middle School
Marble Falls
High School
Marble Falls
View
Lake/River

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Calculator source: Real Geeks

Listing courtesy of Moreland Properties. Contact: (512) 480-0848

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