Property Attributes
- MLS#21283911
- TypeSingle Family
- Listing Status Active
- CountyPALO PINTO
- CityPossum Kingdom Lake
- NeighborhoodPeninsula
- Zip76449
- StyleTraditional
- Year Built2005
- Price$ 1,599,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms1
- Sqr Footage2920
- Lot Size0.466 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
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.
| Elementary School |
|---|
| Graford Elementary School |
| Price History | |
|---|---|
| 5/29/2026 | Listed $1,675,000 |
| 7/24/2026 | 2$1,650,000 |
| 9/17/2026 | 4$1,599,000 |
General Features
| Heating | Central,Electric |
|---|---|
| Cooling | Ceiling Fan(s),Central Air,Electric |
| Utilities | Asphalt,Co-op Electric,Co-op Water,Dirt,Electricity Connected,Individual Water Meter,Outside City Limits,Overhead Utilities,Private Sewer,Septic |
| Possession | Closing/Funding |
| Roof | Composition,Shingle |
| Appliances | Dishwasher,Electric Oven,Gas Cooktop,Microwave,Refrigerator |
| Easements | Utilities |
| Restrictions | Building |
| School District | Graford ISD |
| Exclusions | Sellers personal belongings and agents staging items |
| Year Built | 2005 |
| Architectural Style | Traditional |
| Levels | Two |
| Will Subdivide | No |
| Property Subtype | Single Family Residence |
| Subdivision Name | Peninsula |
| Transaction Type | For Sale |
| Occupant Type | Owner |
| County | Palo Pinto |
| Property Type | Residential |
| Construction Materials | Siding |
| Year Built Details | Preowned |
| HOA Type | None |
| Full Baths | 4 |
| Status | Active |
| Directions | Waze or Google Maps |
| City | Possum Kingdom Lake |
| Elementary School Name | Graford |
| High School | Graford |
| Elementary School | Graford |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21283911 |
| Standard Status | Active |
| Listing Terms | 1031 Exchange,Cash,Conventional |
Interior Features
| Interior Features | Decorative Lighting,Eat-in Kitchen,Loft,Natural Woodwork,Open Floorplan,Paneling,Pantry,Vaulted Ceiling(s) |
|---|---|
| Flooring | Concrete |
| Fireplace Features | Living Room,Stone,Wood Burning |
| Fireplaces Total | 1 |
| Dining Areas | 1 |
| Living Areas | 2 |
| Room Count | 6 |
| Half Baths | 1 |
| Lock Box Type | Combo |
| Total Bedrooms | 4 |
| Total Baths | 5 |
Exterior Features
| Waterfront | Yes |
|---|---|
| Exterior Features | Covered Patio/Porch,Private Yard,Storage |
| Lot Features | Cleared,Few Trees,Level,Oak,Water/Lake View,Waterfront |
| Soil Type | Unknown |
| Parking Features | On Site,Open,Outside,Private |
| WaterFront Features | Lake Front |
| Lot Size | Less Than .5 Acre (not Zero) |
| Foundation | Slab |
| Lot Size Area | 0.4660 |
| Lot Size Units | Acres |
| Structural Style | Lake House,Vacation Home |
| Lot Size Square Feet | 20298.9600 |
| Lot Size Acres | 0.4660 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 76449
In The Neighborhood
Possum Kingdom Lake
$ 1,900,000
- Type
- Single Family
- Size
- 2,213 SqFt
- Rooms
- 4 Beds + 3 Baths
Possum Kingdom Lake
$ 4,400,000
- Type
- Single Family
- Size
- 5,231 SqFt
- Rooms
- 6 Beds + 7.5 Baths
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