Peninsula Homes with Marina Community Features

Welcome to Peninsula, a hidden gem nestled in the heart of Possum Kingdom Lake, Texas. This stunning subdivision offers a unique blend of natural beauty and modern living, making it the perfect destination for those seeking a tranquil retreat or a vibrant community lifestyle.

At Peninsula, residents enjoy access to a picturesque marina, providing an array of water activities and recreational opportunities. Whether you're an avid boater, a fishing enthusiast, or simply love to soak up the sun by the water, this community has something for everyone. Imagine waking up to serene lake views, spending your days exploring the pristine waters, and unwinding in the evenings with breathtaking sunsets over the horizon.

The homes in Peninsula are designed with both comfort and style in mind, featuring spacious layouts, contemporary finishes, and outdoor spaces perfect for entertaining. Many residences boast large decks and patios, allowing you to fully embrace the stunning Texas outdoors. The community is thoughtfully planned to foster connections among neighbors, with shared amenities that encourage social gatherings and a sense of belonging.

Living in Peninsula means you are just moments away from the vibrant activities that Possum Kingdom Lake has to offer. From hiking and biking trails to local dining and shopping options, adventure awaits at every turn.

Discover the perfect blend of lakeside living and community spirit at Peninsula, where your dream home and lifestyle await. Come experience the magic of Possum Kingdom Lake and make Peninsula your forever home!

Newest Peninsula Homes with Marina Community Features

$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

$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

Start Your Search

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.  The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. 

Listings provided by LERA MLS