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5 Beds
7 Baths
5,184 sqft

$2,200,000

401 Crestview Dr, Marble Falls TX, 78654

Price per sqft$424.38
Built in1950
Property size5,184 sqft
Property typeResidential
Courtesy of Moreland Properties, Listing Contact:

Overview

Active

Listed Jun 2, 2026

Updated Aug 8

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.

$14,637/mo

Est. mortgage payment based on a $2,200,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
178236

Interior Features

Bedrooms
5
Bathrooms
7
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.15 Acres

Other Property Details

View
Yes
Waterfront
Yes

Listings courtesy of Highland Lakes Association of REALTORS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Busse Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 3:56 AM UTC on 8/8/2026. 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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