Peninsula Real Estate

Welcome to Peninsula, a stunning subdivision nestled in the heart of Texas, where modern living meets natural beauty. Located in the vibrant state of Texas, Peninsula is more than just a neighborhood; it’s a lifestyle choice for families, professionals, and retirees alike.

Imagine waking up to picturesque views of serene waterways and lush green landscapes. Peninsula offers a unique blend of tranquility and convenience, making it an ideal retreat from the hustle and bustle of city life, yet close enough to enjoy all that Texas has to offer. The subdivision is strategically positioned near major highways, providing easy access to nearby urban centers, shopping districts, and recreational activities.

The homes in Peninsula are designed with comfort and style in mind. Featuring contemporary architecture and spacious layouts, these residences cater to a variety of tastes and preferences. Whether you’re looking for a cozy family home or a luxurious retreat, Peninsula has something for everyone. The community is designed to foster connections among neighbors, with beautifully landscaped parks, walking trails, and communal spaces that invite residents to gather and enjoy the outdoors.

Families will appreciate the top-rated schools in the area, ensuring that children receive a quality education. Additionally, the community is surrounded by a wealth of amenities, including shopping centers, restaurants, and entertainment options, making it easy to enjoy a vibrant lifestyle.

If you're searching for a place that combines the charm of suburban living with the excitement of Texas, look no further than Peninsula. Discover your dream home in this idyllic community today!

Newest Listings in Peninsula

$329,900

4 Beds ⋅ 2 Baths ⋅ 21341345 MLS

Discover your dream home in the heart of Rowlett, this beautifully maintained residence offers comfort and convenience. Rarely found, this spacious open floor plan home includes four bedrooms or an office. The expansive living areas transition smoothly between the gourmet kitchen, dining, and family room. The kitchen features stylish lighting fixtures and new appliances. Each bedroom boasts lights and ceiling fans. The modern primary suite features a spacious walk-in shower and dual vanities. A secondary bathroom features dual sinks, Corian countertops, and floating cabinets. Additionally, a new water heater has been installed for your convenience.

4205 Starboard Trl, Rowlett

$59,400

2 Beds ⋅ 2 Baths ⋅ 21328783 MLS

Welcome to lake living in the desirable Golden Cove community at the end of the Possum Kingdom Lake peninsula! This charming waterfront retreat sits on PK’s Broadway waters, just a short boat ride from Hell’s Gate, the dam, and popular waterfront dining spots. Perfect as a weekend getaway, summer retreat, retirement home, or peaceful full-time residence, this move-in-ready property offers an affordable way to enjoy the beauty of Possum Kingdom Lake. Mature oak trees, sandy shoreline, abundant wildlife, stunning sunsets, and crystal-clear water create the ideal lake setting in The Cove. The spacious covered deck with built-in bar is perfect for entertaining or relaxing outdoors. The grassy yard provides room to unwind and enjoy visits from neighborhood deer, while the fenced backyard offers a secure space for small pets. Gravel areas provide easy maintenance and plenty of parking for guests and lake toys. Inside, the open-concept living, dining, and kitchen area creates a welcoming gathering space. The home features two bedrooms, each with its own en-suite bathroom, positioned on opposite ends for privacy. Recent updates include a stylish walk-in shower in the primary bath. Enjoy the peaceful atmosphere of this quiet lakeside retreat. Most furnishings convey, making this home ready for immediate enjoyment. Golden Cove offers a welcoming community with amenities including a private boat ramp, dock, swim cove, community events, and guest cabins. The current lot lease is approximately $865 per month, with the landowner responsible for property taxes on the lot; owners pay taxes only on improvements. Short-term rentals (VRBO) are not permitted.

2334 Sanbar Road Unit 60, Possum Kingdom Lake

$159,999

3 Beds ⋅ 2 Baths ⋅ 21319217 MLS

Rare Opportunity in Golden Cove! Situated on a corner lot of nearly a half acre (per seller), this property offers breathtaking 180-degree views of Possum Kingdom Lake & is just moments from the swim cove, boat parking, & community boat ramp. Relax on the covered front deck while taking in spectacular sunsets over the Broadway waters of Possum Kingdom Lake, or enjoy visits from the friendly neighborhood deer that have made this lot a favorite stop. Evenings around the fire pit beneath a canopy of mature trees create the perfect setting for unforgettable nights at the lake. Recent improvements include a replaced roof, new water heater, expanded septic drainage field, & a flagstone patio. Both the covered front deck & rear porch feature low-maintenance composite decking for years of easy enjoyment. Inside, the open-concept floor plan is designed for comfortable lake living, whether as a weekend retreat or full-time residence. Wood and tile flooring throughout provide durability & easy maintenance. The home offers 3 bedrooms, 2 baths, a spacious living room, generous kitchen with dining area, & a full-size laundry room. The private primary suite is located on one end of the home and features an en-suite bath with a walk-in shower, while two guest bedrooms & a full guest bath are situated on the opposite side for added privacy. The property is being offered mostly furnished, making it easy to start enjoying lake life right away. Outdoor amenities include covered parking for vehicles or watercraft, a fenced area ideal for small pets, & a portable storage building for lake toys and equipment. These improvements are thoughtfully positioned at the rear of the property to preserve the stunning lake views. With easy access to the shoreline, community amenities, & some of the best sunset views on PK Lake, this property is ready for making lasting memories. Come experience the Golden Cove lifestyle & discover why PK is known as the Great Lake of Texas! Land lease $865 per month

2334 Sanbar Road Unit 49, Possum Kingdom Lake

$4,250,000

4 Beds ⋅ 5 Baths ⋅ 21319086 MLS

Designed around expansive lake views and effortless lake living, this custom waterfront home brings together clean modern finishes, generous indoor-outdoor space, and direct access to a deep-water dock. Oversized Marvin sliding doors frame the lake from the main living space and open to the covered lakeside living area, complete with a built-in outdoor kitchen. Positioned to take full advantage of dramatic sunsets, the main level is built for both quiet mornings and full-house entertaining. The kitchen is centered around a 10' x 6' porcelain island and opens naturally to the living and dining areas, giving the home an easy, comfortable flow. Tucked behind the main kitchen, the scullery adds valuable functionality with a secondary refrigerator, built-in microwave, custom cabinetry, and open shelving. A dedicated coffee bar adds convenience for slow mornings, while a glass-walled display nook tucked under the stairs adds a quiet, elegant touch. Upstairs, a spacious second living area serves as a private lounge-style retreat with a wet bar, beverage refrigerator, and access to a second-story covered patio overlooking the lake. The upper level also includes three bedrooms and a dedicated workout room, providing comfortable space for family and guests. Outside, stairs lead to a concrete walkway with direct access to the deep-water dock, keeping the walk from kitchen to boat short and easy. The home’s lake-facing design, elevated outdoor living, and dock access create the full Possum Kingdom waterfront experience. This is more than a house on the lake; it is a home built around the water, the sunsets, and the life that happens in between.

2449 Upper Burma, Possum Kingdom Lake

$599,900

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

$45,000

3 Beds ⋅ 2 Baths ⋅ 21295637 MLS

BARGAIN PRICED LAKE PLACE! Ask about possible owner financing!Sellers change of plans is Buyers bonus! This comfortable lake home is located just across from the Golden Cove shoreline, close enough to hear the water splash from the fully covered deck that spans the length of the house. The basics are here, along with some improvements - recently leveled, metal roof, nearly new exterior paint, pex water lines throughout, great AC unit. In addition to a home, a purchase in the Golden Cove community puts you right at the end of the Possum Kingdom Lake Peninsula with a deep water community boat ramp & dock so you can get to all the lake attractions quickly. Plus, it comes with a built-in Lake Family! Leased land.

2334 Sanbar Road Unit 46, Possum Kingdom Lake

$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

$1,025,000

3 Beds ⋅ 2 Baths ⋅ 21237035 MLS

PRICED 50K BELOW PRE-LISTING APPRAISAL!! Experience lakefront living in the Peninsula area of Possum Kingdom Lake with this unique, custom-designed waterfront home built in 2012. Situated on owned land with no leasehold, this 1,888 square foot home offers the perfect blend of comfort, style, and lake lifestyle living. The open concept layout creates an inviting atmosphere for entertaining and everyday living. Featuring 3 bedrooms and 2 bathrooms, all bedrooms are located upstairs, including two large bedrooms with private lake-facing balconies and stunning water views. Seller thoughtfully transformed loft into warm and cozy 76 sf bedroom, creating additional sleeping capacity ideal for bunk room, nursery, or STR optimization. The home also features an energy-efficient ductless mini-split HVAC system with individualized comfort control throughout. Enjoy direct lake access with a private dock and boat lift. Water depth at the end of the dock is approximately 16 to 18 feet when the lake is at full pool. The dock may be repositioned further out if desired with the addition of extended tie lines. A partial basement provides additional storage or a convenient storm shelter. Whether you are utilizing the property as a full-time residence, weekend getaway, or income-producing investment for STR use, this property truly delivers resort-style living in one of Possum Kingdom Lake’s most desirable areas. **Refrigerator, washer, dryer, and still-in-the-box Ring equipment convey**

3101 Park Road 36, Graford

$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

$4,400,000

6 Beds ⋅ 8 Baths ⋅ 21207192 MLS

Experience elevated lakeside living in this exceptional LUXURY NEW CONSTRUCTION LAKEHOUSE estate on the Peninsula of Possum Kingdom Lake. A brand new boat dock is being designed and installed. Situated on a 0.533-acre lot, this thoughtfully designed 5,231 sq ft home blends timeless materials with modern luxury and a lake ready lifestyle. The exterior features cedar wood shake and Grey Granbury stone, delivering lasting curb appeal. Step inside to a grand open concept living area with soaring vaulted ceilings and floor to ceiling windows that capture stunning lake views and fill the home with natural light. The chef’s kitchen offers a large island, custom cabinetry, and seamlessly flows into the living space, anchored by a striking stone fireplace, ideal for entertaining or relaxed lake living. The private primary suite on the main level is a true retreat with huge views, dual vanities, and a spacious walk in closet. Above the garage is a separate In Law suite, complete with a kitchenette that adds even more private guest accommodations. Designed for lake life, the home includes wood and tile flooring, a lakeside mudroom entry for easy “drip dry” access, and dedicated storage for lake toys. IMAGINE breathtaking expansive lakeviews from upper and lower covered patios overlooking Broadway, the deepest, widest part of PK LAKE. Perfect for Summer sunsets!

2441 Upper Burma, Possum Kingdom Lake

$1,387,000

4 Beds ⋅ 3 Baths ⋅ 21238053 MLS

Welcome to true lakefront living on one of the most desirable stretches of the lake, where your home sits just 30–40 feet from the water’s edge and every day feels like a getaway. This thoughtfully designed 0.25-acre property offers the rare combination of low-maintenance living and genuine shoreline access, giving you more time to enjoy the lake and less time worrying about upkeep. The gentle slope into the water leads to a soft, sandy bottom—perfect for swimming, floating, and letting the kids play while you relax on the patio with a full view of the shoreline. Whether it’s a quiet morning coffee or a full weekend of family and friends, this home is built for ease, comfort, and connection. A long private driveway provides parking for 6–8 vehicles, making gatherings effortless. Inside, the 4-bedroom, 3-bath home features an open-concept living and kitchen area that keeps everyone together. The kitchen stands out with a double oven tucked beneath the cabinets and a 6-burner gas stove, offering the space and function needed to cook for a crowd. Large windows frame expansive lake views and fill the home with natural light from sunrise to sunset. And when July 4th arrives, you can enjoy the fireworks—including the legendary Hell’s Gate show—right from your own yard, without the crowds or the hassle. If you’re looking for a low-maintenance lakefront home that delivers comfort, convenience, and unforgettable views, this one offers the lifestyle you’ve been searching for.

2649 Hideaway Ln, Possum Kingdom Lake

$1,199,000

4 Beds ⋅ 2 Baths ⋅ 21215986 MLS

PRIME PK PENINSULA LOCATION, with a 4Bd, 2Ba BEAUTIFUL FURNISHED LAKE HOME on 1.18 WATERFRONT ACRES with PANORAMIC LAKE VIEWS, and Excellent OVERNIGHT RENTAL History. This Open Concept, Light and Bright Home Features Big Picture Windows to maximize the Lake and Park Like Views to the water, and the Spectacular PK Sunsets and Sunrises, and has a natural flow from the Living Room to the Covered Outdoor Patio for Relaxing, Grilling & Dining Out, Savoring the Serenity, Peace & Beauty of the Lake, and enjoying the Fire Pit for smores, under the Starry Tx Skies. Plus there are Lots of Mature Trees, Cottonwood, Pine, Pecan, Willow and Live Oak for Shade, and a Large, Level, Lush St Augustine Grassy Yard Lakeside for Yard games and room to Entertain all your Family & Friends, with Easy Access to the Lake & Sandy Beach. This area is known for its friendly Deer, and its Crystal Clear Blue Water with Fantastic Fishing, Swimming & Lake Fun. The Lot is allowed to either have a Swim or Boat Dock, up to 2000 sqft, and you can find great deals on used Docks in the area or order the Dock of your Dreams from many local Dock Builders. Also there is a 40x30 RV Carport with Electric Hookup for extra guests and family, and an attached garage for extra Storage and Water Toys. This Wonderful Lake House is also Centrally Located minutes away from the Best Amenities, Shopping and Dining at PK, and also to the Hiking & Biking Trails throughout the Peninsula with Stunning Lake Views. Overnight Rental History available upon request. Don't miss seeing this Perfect Piece of PK Paradise.

1957 Deer Trail Rd, Possum Kingdom Lake

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