Peninsula Homes with Cleared Lot description

Welcome to Peninsula, a stunning subdivision nestled in the breathtaking surroundings of Possum Kingdom Lake, Texas. Located in Palo Pinto County, this charming community is a hidden gem that combines the tranquility of nature with the convenience of modern living.

The Peninsula subdivision boasts an array of homes meticulously designed to complement the picturesque landscape. Each property features a cleared lot, ensuring that you have ample space to create your dream home or vacation retreat. Imagine waking up to the gentle sounds of nature, with the shimmering waters of Possum Kingdom Lake just a stone's throw away. The cleared lots provide a blank canvas for your architectural vision, whether you envision a cozy cabin, a contemporary masterpiece, or a spacious family home.

Living in Peninsula means embracing a lifestyle that balances relaxation and adventure. The area is known for its outdoor recreational opportunities, including fishing, boating, and hiking. With the lake as your playground, weekends can be spent enjoying the sun on the water or exploring the scenic trails that wind through the surrounding hills.

Community is at the heart of Peninsula, where neighbors become friends and every gathering feels like a celebration. The subdivision is designed to foster connections, with shared spaces that encourage social interactions and a sense of belonging.

If you’re looking for a serene escape that still offers the comforts of home, Peninsula is the perfect choice. Come discover the beauty and charm of this exceptional subdivision — your dream home awaits!

Newest Peninsula Homes with Cleared Lot description

$549,900

21305524 MLS

Tired of those long narrow waterfront lots that have wasted land with very little use? Boasting over 350 feet in width with wide open views at the deepest portion of the lake. Walk to your own BOAT SLIP from the privacy of your own back yard with this extra wide waterfront lot. This lot was one of the original lots that sold out in less than 23 minutes in May of 2023. This gorgeous lot includes a DEEDED BOAT SLIP at the private marina in the protected cove at the northern end of the lot. No need to build your own $200K - $500K boat slip as this one is included in the price of the lot. Just a short walk to the multi-million-dollar community clubhouse with an infinity swimming pool overlooking the lake for entertaining family and guests. If you’re interested in building your own private pool or even a basement? This lot will accommodate. This gated community boasts extra privacy and is far away from the congested public boat ramps. This highly desirable northeast portion of the lake is extremely tranquil and peaceful, the primary reason most desire to live on the new lake. The VERY favorable dimensions of this unique lot allow for enhanced flexibility in your build plan, with your custom home builder, on your timeline! For those looking for investment purposes, the current CC&R's allow for short term rentals with some light restrictions. Bring your boat & check out the new lake and this fabulous lot today!

680 Peninsula Dr, Honey Grove

$1,650,000

4 Beds ⋅ 5 Baths ⋅ 21283911 MLS

This luxuriously remodeled waterfront retreat, perfectly positioned in one of the most sought after areas of Possum Kingdom Lake, offers an exceptional blend of upscale lake living and proven income producing potential. Thoughtfully designed and impeccably updated, this turnkey property is being offered fully furnished, making it ready for immediate enjoyment or continued short term rental success. Inside, the home welcomes you with a bright and sophisticated open concept design featuring soaring vaulted ceilings, expansive windows, and a beautifully refreshed living area that seamlessly combines modern elegance with relaxed lakefront comfort. The inviting fireplace creates a warm focal point for gathering and entertaining, while the spacious layout offers effortless flow throughout the home. Recent enhancements include a stunning new back patio designed for elevated outdoor living, providing the perfect setting for entertaining guests, dining under the stars, or simply enjoying the breathtaking panoramic lake views. Upstairs, multiple flexible living and sleeping spaces comfortably accommodate family and guests alike. This property truly stands apart with its rare sandy beach frontage and newly added private boat dock, delivering direct access to the crystal clear waters of Possum Kingdom Lake and the ultimate luxury lake lifestyle. Beyond its beauty, this home is an established high performing short term rental with a strong presence on Airbnb and VRBO, offering immediate revenue potential for investors or buyers seeking a seamless turnkey opportunity. Whether you are searching for a luxury personal getaway, an income producing asset, or both, this exceptional waterfront property delivers on every level.

1907 Buck Run, Possum Kingdom Lake

$185,000

3 Beds ⋅ 2 Baths ⋅ 21267322 MLS

Nestled in an ideal lakefront location overlooking the peaceful cove, this beautiful property offers the perfect blend of relaxation and community living. Enjoy stunning water views from the spacious covered porch, the perfect spot for morning coffee, evening sunsets, or entertaining guests year round. With a setting that captures both privacy and natural beauty, this home is located in a highly desirable community known for its welcoming atmosphere and exceptional surroundings. Whether you’re seeking a full time residence or a weekend retreat, this property delivers the best of lakeside living. Leasehold land, price TBD. Home is sold furnished, less personal items.

2334 Sanbar Road Unit 22, Possum Kingdom Lake

Start Your Search

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

Last updated: