Peninsula Homes with Other Community Features

Welcome to Peninsula, a picturesque subdivision nestled in the heart of Graford, Texas, within the stunning Palo Pinto County. This charming community offers a serene escape from the hustle and bustle of city life, making it the perfect place to call home for families, retirees, and nature enthusiasts alike.

At Peninsula, you’ll discover a delightful array of homes that beautifully blend modern amenities with the tranquil ambiance of lakeside living. Each residence is thoughtfully designed, featuring spacious layouts, contemporary finishes, and breathtaking views of the surrounding landscapes. Whether you're seeking a cozy retreat or a larger family home, Peninsula has something to suit every lifestyle.

The community is not just about stunning homes; it also boasts an array of features that enhance the quality of life for its residents. Enjoy leisurely strolls along scenic walking trails, or take advantage of the nearby Lake Palo Pinto for fishing, boating, and picnicking with family and friends. For those who appreciate an active lifestyle, the subdivision offers recreational facilities that cater to various interests, including playgrounds for the kids and picnic areas for weekend gatherings.

Peninsula is also conveniently located near local amenities, including shops, restaurants, and schools, ensuring that you have everything you need right at your fingertips. With its friendly atmosphere and vibrant community spirit, Peninsula invites you to experience the best of Texas living. Come and discover your dream home in this enchanting subdivision, where nature and community come together in perfect harmony.

Newest Peninsula Homes with Other Community Features

$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

$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

$429,000

2 Beds ⋅ 3 Baths ⋅ 21156971 MLS

Located on the highly preferred Peninsula section of Possum Kingdom Lake, this nearly new cabin offers a serene escape for a vacation stay at the lake, a second home, a primary residence away from the hustle and bustle of the city, or an income producing investment property. The open-concept main floor features a spacious living area with a great view and cozy fireplace, dining space, and kitchen with modern amenities. Upstairs offers two bedrooms and two full baths. Everything you need is here - fully furnished and well appointed with bedding, decor, and kitchen tools - just bring your personals and make it yours! The covered back deck and wrap-around porch expand your entertaining space for outdoor gatherings with a view of the lake, or enjoy a peaceful cup of coffee as you start your day watching the local waterfowl and the occasional deer wandering nearby. Community amenities include an outdoor fire pit and pool with cabana just a few steps off the deck of this cabin. Less than two hours from the DFW metro area, this is an ideal opportunity for both relaxation and rental income, and you'll be just a few minutes from local dining, entertainment, shopping, banking, churches and medical care. For those looking to keep a boat in the water, the seller will consider throwing in a one year boat slip lease at one of the nearby Marinas!

1525 Madams Rd Unit C, 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

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