680 Peninsula Drive

Honey Grove, TX 75446
$699,900

Description

Tired of those long narrow waterfront lots that have wasted land with very little use? Walk to your own BOAT SLIP from the privacy of your own back yard with this extra wide waterfront lot. This lot was one of the original lots that sold out in less than 23 minutes in May of 2023. BEHOLD, The Grandiosity and Beauty of 680 Peninsula Drive at The Peninsula on the new Bois d'Arc Lake, which opened to the public in April of 2024! This spectacular lot is THE Crown Jewell of this gated development, boasting over 350 feet in width with wide open views at the deepest portion of the lake. This gorgeous lot includes a DEEDED BOAT SLIP at the future private marina with a projected completion of April 2025! This private marina will be constructed adjacent to your lot and maintained by the Property Owners Association. No need to build your own $200K - $500K boat slip as this one is included in the price of the lot. Just a short walk to the multi-million dollar community clubhouse with an infinity swimming pool overlooking the lake for entertaining family and guests. If you’re interested in building your own private pool? This lot will accommodate.This gated community boasts extra privacy and is far away from the congested public boat ramps. This highly desirable northeast portion of the lake is extremely tranquil and peaceful, the primary reason most desire to live on the new lake. The VERY favorable dimensions of this unique lot allow for enhanced flexibility in your build plan, with your custom home builder, on your timeline! For those looking for investment purposes, the current CC&R's allow for short term rentals with some light restrictions. The excitement of the new Bois d'Arc Lake is increasing daily as NTMWD has tracked over 17,000 visitors since opening in April! There are only a few lake lots on the entire lake that have easy access to the water(a boat slip or an expensive private boat dock). Bring your boat & check out the new lake and this fabulous lot today!
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  • Property Details
      • Lot description:Cleared, Few Trees, Waterfront
      • Acres:1.1900
      • Property type:Purchase
      • Utility features:Asphalt, Co-op Electric, Co-op Water, Individual Water Meter
      • Subdivision:Peninsula
      • School district:Honey Grove ISD
      • Elementary School:Honeygrove
      • County:Fannin
      • Hoa fees:2000
      • MLS #:20765454
      • Cost:699900
      • Property subtype:Unimproved Land
      • MLS #:20765454

Location

Phil HillReal Estate Group
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10.0%

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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