Best waterfront properties on Lake LBJ

401 Crestview Dr, Marble Falls, TX 78654

5 Beds

4 Full baths

5,184SqFt

Active

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.

Property Details
Price $2,400,000
Bedrooms 5
Full Baths 4
Half Baths 3
Lot Size 149X120X100X49
Acres 1.67
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
Features Granite Counters, Pantry, Recessed Lighting, Split Bedroom, Walk-In Closet(s)
Exterior Features Balcony, Rain Gutters
Year Built 1950
Subdivision Rippy-Baker
View Hill Country, Lake
Roof Metal
Waterfront Lake Marble Falls
Heating Central, Ductless
Foundation Slab
Geographic Data
Directions From Highway 281 in Marble Falls turn East on to either 6th or 4th Street. Proceed until Crestview. Turn onto Crestview. 401 is on the corner of 4th and Crestview, along with adjoining properties and on Cliff Circle.
County Burnet
Latitude 30.570014
Longitude -98.270279
Address Information
Address 401 Crestview Dr, Marble Falls, TX 78654
Postal Code 78654
City Marble Falls
State TX
Country United States
Listing Information
Listing Office Moreland Properties
Listing Agent Justin Jette
School Information
District Marble Falls
MLS Information
MLS Status Active
Listing Last Modified Jun 5, 2026
Tax ID 063945
MLS # HLM178236

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