311 Oleander Dr, Marble Falls, TX 78654
- $2,199,000
- 4
- BD
- 3
- BA
- 4,143
- SqFt
- List Price
- $2,199,000
- Status
- ACTIVE
- MLS#
- 7902186
- Price Change
- ▼ $100,000 1784701876
- Days on Market
- 97
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 4,143
- Lot Size
- 26,136
- Area
- Burnet/Llano, Gillespie/Blanco, Northwest Travis Co.
Property Description
Offering a 1/6 deeded ownership interest (Tenants in Common) in this exceptional Lake LBJ waterfront residence. List price reflects the purchase price of one fractional ownership share only, approximately $350,000, and does not represent ownership of the entire property. Cash purchase required. Financing for fractional ownership is generally limited. Enjoy approximately eight weeks of exclusive annual use through a professionally managed rotating reservation schedule. Ownership includes a deeded 1/6 undivided interest in this beautifully appointed waterfront home, designed for effortless enjoyment and low-maintenance ownership. Located in the desirable Shady Acres community, this stunning single-story residence offers approximately 205 feet of protected channel frontage with quick access to open water. The thoughtfully designed floor plan features expansive open living spaces, a chef’s kitchen with a propane range, dual dishwashers, and a separate baker’s kitchen, making it ideal for entertaining. The spacious primary suite includes a fireplace, dual vanities, a clawfoot soaking tub, separate walk-in shower, oversized walk-in closet, and direct access to the resort-style pool. A detached guest casita with a living area, kitchenette, bedroom, and full bath provides additional privacy for family and guests. Outdoor amenities include a resort-style pool with waterfall, multiple fire pit seating areas, covered patio, hydraulic boat slip with automated enclosure, two jet ski lifts, and beautifully landscaped grounds designed to maximize lake living. Ownership is professionally supported by a concierge and property management team, providing a true lock-and-leave lifestyle. Contact listing agent for complete ownership details, operating expenses, reservation schedule, and fractional ownership information.
Additional Information
- Taxes
- $363,198
- Tax Year
- 2025
- HOA Name
- Shady Acres POA
- Year Built
- 1970
- Garage Spaces
- 2
- Parking Spaces
- 7
- Exterior Features
- Boat Dock - Private, Boat Lift, Exterior Steps, Private Entrance, Private Yard
- Appliances
- Built-In Gas Oven, Dishwasher, Disposal, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer, Free-Standing Freezer, Microwave, Double Oven, Propane Cooktop, Refrigerator
- Construction
- See Remarks, Brick, Stone
- Num Fireplaces
- 1
- Region
- Burnet/Llano, Gillespie/Blanco, Northwest Travis Co.
- View
- Lake/River
- School District
- Marble Falls ISD
- Elementary School
- Marble Falls
- High School
- Marble Falls
- Middle School
- Marble Falls
- Sewer
- Aerobic Septic, Septic Tank
- Stories
- 1
- Street Name
- Oleander Dr
- Street Number
- 311
- Neighborhood
- Shady Acres
- Water
- Public
- Waterfront
- Yes
- Guest Accommodations
- Guest House
- Acres
- 0.60
- County
- Burnet
- Floor
- Tile
- Heating
- Central
- Lot Description
- Back Yard, Few Trees, Front Yard, Level, Native Plants, Private, Sprinklers In Rear, Sprinklers In Front, Trees-Medium (20 Ft - 40 Ft), Waterfall
- Pool
- Yes
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Listing courtesy of MCM Land Company LLC. Contact: (512) 705-2504
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