Peninsula Homes with Near Trails/Greenway Community Features

Welcome to Peninsula, a picturesque subdivision nestled in the heart of Possum Kingdom Lake, Texas, within the tranquil Palo Pinto County. This enchanting community is not just a place to live; it’s a lifestyle that embraces the beauty of nature and the joys of outdoor adventures.

At Peninsula, residents enjoy a perfect blend of serene living and vibrant community life. The homes in this subdivision are thoughtfully designed, featuring modern amenities and spacious layouts that cater to families and individuals alike. Each residence is surrounded by lush greenery, offering a peaceful retreat from the hustle and bustle of everyday life.

One of the standout features of Peninsula is its proximity to an extensive network of trails and greenways. Whether you’re an avid hiker, a casual walker, or simply someone who enjoys a leisurely bike ride, the scenic paths winding through the area provide endless opportunities for exploration and connection with nature. Imagine starting your day with a refreshing morning stroll or unwinding in the evening with a sunset bike ride alongside the shimmering waters of Possum Kingdom Lake.

Community features at Peninsula enhance the living experience, fostering a sense of belonging among neighbors. With parks, picnic areas, and playgrounds, there’s always something to do, whether you’re hosting a family gathering or enjoying a quiet moment in the great outdoors.

Discover the charm of Peninsula, where homes meet nature, and every day feels like a vacation. Come and experience the beauty of Possum Kingdom Lake living!

Newest Peninsula Homes with Near Trails/Greenway Community Features

$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

$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

$175,000

3 Beds ⋅ 2 Baths ⋅ 21172387 MLS

If you’ve been searching for a lake getaway with HUGE views and plenty of outdoor space, this is the one! This 3-bedroom, 2-bath home is tucked away at the end of the mailbox road in Golden Cove, offering a peaceful setting with minimal traffic—your most frequent visitors are likely to be invited guests or the friendly neighborhood deer and geese. The expansive covered lakeside deck is perfect for cookouts, gatherings, and relaxing with friends, while the uncovered section is ideal for soaking up the sunshine or enjoying an afternoon nap. Inside, the open living-dining-kitchen floor plan is designed for lake living and entertaining, with a breakfast bar and room to accommodate large groups. Two of the bedrooms capture those incredible lake views, bringing the outdoors in. The kitchen offers ample counter space and storage, includes a dishwasher, and connects conveniently to a separate laundry room. An exterior door near the parking area provides easy access to the outside storage building—perfect for lake gear. The spacious guest bedrooms easily accommodate guests, and the shared bathroom is generously sized. The primary bedroom features an en-suite bath, giving this cozy cabin a true “home away from home” feel-or the comfort you’d want for full-time living at Possum Kingdom. Bonus: This property is being offered fully furnished! Golden Cove is a one-of-a-kind community known for its built-in “lake family,” community activities, and excellent amenities including a swim cove, boat ramp, dock, pavilion, on-site mailbox area, and rentable cabins for overflow guests. Rentable storage units within the community make it easy to keep your boat and lake extras ready to go. This is leasehold land with a currently renewable two-year lease, paid monthly. Golden Cove is an affordable and welcoming place to begin your lake life - land taxes are paid by the landowner, you’ll be close to all the lake hot spots, and can enjoy some of the most amazing sunsets on Possum Kingdom Lake.

2334 Sanbar Rd Unit 8, Possum Kingdom Lake

$120,000

2 Beds ⋅ 2 Baths ⋅ 21066223 MLS

SUMMER IS CALLING, AND THIS PLACE IS READY FOR NEW OWNERS! Looking for a lake place that provides serene surroundings, a friendly community, and low maintenance? Here it is, just waiting for you in Golden Cove on Possum Kingdom Lake! Several years of continuous upgrades and improvements make this awesome lake place a hidden jewel! This stucco finished home has been fully redone from the floors up, with a new half bath just added. Features include a metal roof, covered patio, detached carport with enough room for watercraft or RV, attached garage with roll up door with room for atv or golf cart, separate storage shed, and a spacious covered deck with a bar, outdoor cooking area, and LAKE VIEW overlooking the swim cove. Inside you'll enjoy an open living-dining concept, new sub-floors and vinyl plank flooring throughout, a new stainless steel appliance package, living room fireplace, stacked washer & dryer, two bedrooms - one with en-suite bath, plus a bonus room with a wood-burning stove that opens to the back deck. Nicely furnished and ready for new owners! Must see to appreciate! Monthly lot lease $865

2334 Sanbar Road Unit 54, 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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