USATXMarble FallsShady Acres311 Oleander Drive

$2,199,000

For Sale

3 months ago

311 Oleander Drive, Marble Falls, TX

Name: 311 Oleander Drive, For Sale in Marble Falls - eXp Realty
Brand: MCM Land Company LLC
SKU: 7902186
Price: 2199000 USD

House

MLS® 7902186

4 Bed

3 Bath

4143 sqft

2 Parking

Key Facts
Description
Map

Key Facts

Type

Levels Residential

Size 4143 sqft

Garage Yes

Taxes $363,199

Days Active 92

Lot Size 0.6 Acres

Approx. Age 1970

Avg. Price Per Sqft $530

MLS® Number 7902186

Property Address: 311 Oleander Drive, Marble Falls, TX, 78654

Average square foot calculated using Size range provided by listing agent.

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.

MLS® Number7902186

Laundry LevelMain

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1970

Basement

DrivewayDriveway, Detached, Garage Faces Front, Garage, Garage Door Opener, Kitchen Level, Paved, Private

Garage Spaces

HeatCentral

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 22, 2026List Date

$2,199,000List Price

Commute

Commute

Starting Address

Destination Address

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Listing Agent

Kasey Mercurio

[email protected]

(206) 519-2016

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