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Premier Marble Falls Waterfront Property

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.

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.
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$2,400,000

401 Crestview Drive and 309 Cliff Circle

5 Beds 8 Baths 1.67 Acres

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.

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Location

401 Crestview Drive, Marble Falls, TX 78654

Status

For Sale

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.

Features & Amenities

01

Interior

Total Bedrooms

5

Total Bathrooms

8

Full Bathrooms

5

Half Bathrooms

3

Fireplace

Living Room, Bathroom
01

Exterior & Building

Garage Spaces

7
01

Lot & Area

Status

For Sale

Lot Size

1.67 Acres

Neighborhood

Greater Austin

Elementary School

Colt

Middle School

Marble Falls

High School

Marble Falls

School District

Marble Falls ISD
01

Finance

Sales Price

$2,400,000

Explore

Greater Austin

Discover luxury homes near Austin, TX with Eric Moreland Group. From private retreats to modern estates, explore Greater Austin real estate at its finest.

When we say "Greater Austin," we mean it— from the vibrant edges of the city to the peaceful stretches just beyond, Eric Moreland Group presents a refined portfolio of luxury homes for sale near Austin, TX. These distinguished properties offer architectural excellence, privacy, and lifestyle-driven amenities across a wide range of settings. Whether you're seeking a modern estate, a serene retreat, or a spacious residence with room to grow, these houses near Austin, Texas for sale offer the perfect balance of convenience and tranquility. With EMgroup’s deep market expertise and white-glove service, your ideal Austin-area home awaits.

When we say "Greater Austin," we mean it— from the vibrant edges of the city to the peaceful stretches just beyond, Eric Moreland Group presents a refined portfolio of luxury homes for sale near Austin, TX. These distinguished properties offer architectural excellence, privacy, and lifestyle-driven amenities across a wide range of settings. Whether you're seeking a modern estate, a serene retreat, or a spacious residence with room to grow, these houses near Austin, Texas for sale offer the perfect balance of convenience and tranquility. With EMgroup’s deep market expertise and white-glove service, your ideal Austin-area home awaits.
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Elsa Decker

EM

Elsa Decker

Licensed Real Estate Agent

454766

A graduate of the University of Texas at Austin, Elsa’s skills as a seasoned networker, marketer, and assertive negotiator made her a natural in the real estate market.

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