Peninsula Homes with Level Lot description

Peninsula Homes with Level Lot description

Welcome to Peninsula, a stunning subdivision located in the beautiful state of Texas, specifically in Palo Pinto County, within the charming city of Possum Kingdom Lake.

Peninsula offers a unique living experience surrounded by the natural beauty of Possum Kingdom Lake. This exclusive community provides residents with a serene and picturesque setting to call home.

One of the standout features of the homes in Peninsula is their Level Lot description, making them highly sought after. A Level Lot not only enhances the overall aesthetic of the property but also offers practical benefits for homeowners, such as easier maintenance and landscaping opportunities.

Living in Peninsula means enjoying a peaceful and tranquil lifestyle while being in close proximity to all the conveniences and attractions that Possum Kingdom Lake has to offer. Whether you're looking for a permanent residence or a vacation home, Peninsula provides the perfect retreat for those seeking a harmonious blend of nature and luxury.

Discover the beauty and tranquility of Peninsula and make your dream of owning a home in this idyllic setting a reality.

Newest Peninsula Homes with Level Lot description

$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
$1,199,000
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
$3,995,000
5 Beds ⋅ 7 Baths ⋅ 20981345 MLS
Watch the Lake Life Video of this lake home... PARKROAD36 DOT COM... Just completed construction MAY 2026 after a year of steady progress, your chance to own THE dream lake life everyone wants is available now with this quality new-masterpiece on the exclusive South side of the Peninsula at Possum Kingdom Lake. BRAND NEW BOAT DOCK JUST INSTALLED. Perfectly blending high-end design, breathtaking views, and prime investment potential. Crafted by one of PK’s reputable builders in collaboration with renowned Blake Architects. Positioned to capture sweeping panoramic views over Possum Kingdom’s legendary deep, crystal-clear waters, this striking two-story home features a sophisticated mix of stone, stucco, wood, and brick, accented by bold lines and sleek black windows and doors that frame the lake from nearly every room. With 4,593 sq ft of luxury living (6,221 sq ft under roof), it offers 5 spacious bedrooms, 6 designer bathrooms, and expansive indoor-outdoor spaces built for grand entertaining or quiet lakeside relaxation. Step out to multiple covered patios and porches that lead to a stunning lakeside pool and spa, plus a sunken firepit and a fully equipped outdoor kitchen—setting the stage for unforgettable gatherings as the sun sets over the water. A brand-new double-decker dock is also under construction, complete with a 29-foot boat slip, two PWC slips with lifts and rope swing in some of the clearest, deepest water on PK. Quick boat access to Hell’s Gate, lively waterfront dining, marinas, and all your essentials just minutes away by land. Possum Kingdom Lake is celebrated for its unmatched beauty, exceptional clarity, and vibrant recreational lifestyle, making it one of Texas’s most coveted lakefront markets. Even better, short-term rentals are allowed in only a few areas and this property is in the right place—so you can enjoy personal lake living at its finest while also unlocking excellent income potential.

3061 Park Road 36, Possum Kingdom Lake
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