401 Crestview Dr,Marble Falls, TX 78654
Marble Falls, TX 78654
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.
Details
| MLS # | 4283530 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 93 |
| Listing Provided By | Moreland Properties | Elsa Decker |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 8 Total |
| SQ Feet | 5,184 |
| Garage | 7 |
| Story(s) | 2 |
| Acreage | 1.67 |
| Water Front | Yes |
| Property View | Lake, Trees, Woods, Water |
Interior
| Interior Features | Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Walk-In Closet(s) |
|---|---|
| Cooling | Central Air |
| Heating | Central |
| Appliances | Built-In Oven(s), Dishwasher, Gas Cooktop, Microwave, RNGHD, Refrigerator, Stainless Steel Appliance(s) |
| Fireplace Features | Bath, Living Room |
| Fireplaces Total | 2 |
| Window Features | Window Treatments |
| Flooring | Concrete, Tile, Wood |
Exterior
| Exterior Features | Boat Dock - Private, Boat Lift, Boat Slip, Private Yard |
|---|---|
| Roof | Membrane, Metal |
| Foundation Details | Slab |
| Lot Features | Back Yard, Corner Lot, Front Yard, Private, Sloped Down, Views |
| Patio And Porch Features | Covered, Deck, Porch |
| Fencing | None |
| Construction Materials | Hardi Plank Type, Masonry – Partial, Stone |
Parking
| Parking Features | Additional Parking, Attached, Garage, RV Access/Parking, Workshop in Garage |
|---|---|
| Garage Spaces | 7 |
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Other
| List Aor | Austin Board Of Realtors |
|---|
Taxes
| Property | 25425 |
|---|
Area Information
| State | TX |
|---|---|
| County | Burnet |
| City | Marble Falls |
| Zip Code | 78654 |
| Area | BU |
| Community Name | Rippy Baker Sub |
| School District | Marble Falls ISD |
| Elementary School | Colt |
| High School | Marble Falls |
| Listing VS Median (in Rippy Baker Sub) | |
Price: $2,200,000 low | high Med: $2,200,000 sqft: 5,184 low | high Med: 5,184 $ / sqft: $424 low | high Med: $424 On site: 93 low | high Med: 93 | |
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Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of August 28, 2026 at 1:26:53 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Learn More About This Property
| State | TX |
|---|---|
| County | Burnet |
| City | Marble Falls |
| Zip Code | 78654 |
| Area | BU |
| Community Name | Rippy Baker Sub |
| School District | Marble Falls ISD |
| Elementary School | Colt |
| High School | Marble Falls |
| Listing VS Median (in Rippy Baker Sub) | |
Price: $2,200,000 low | high Med: $2,200,000 sqft: 5,184 low | high Med: 5,184 $ / sqft: $424 low | high Med: $424 On site: 93 low | high Med: 93 | |
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