Land For Sale – – – – Price $484,999 – 20869882

Property Description

Lakefront, 1.38 Acres, Boat Dock Capable, Under $500K.

Welcome to Lot 9, also known as 470 Peninsula Drive, a 1.38-acre lakefront property situated in the gated community of The Peninsula on Bois d’Arc Lake. This wooded homesite features mature trees, natural elevation, and expansive lake views, offering a scenic and flexible space to design your custom home. Located in a bring-your-own-builder community, it provides the freedom to create a property tailored to your lifestyle or investment goals.

Lakefront and boat dock capable, this lot is well-positioned for buyers seeking access to the lake and the ability to personalize their build. Short-term rentals are permitted, making this a strong candidate for either full-time residence, vacation home, or income-producing property.

The Peninsula and The Shores at The Peninsula are the only communities on Bois d’Arc Lake with existing homes, allowing you to tour the neighborhood and experience the growing community firsthand. The development originally sold out in under 30 minutes, an early sign of its strong appeal and long-term value.

Homeowners enjoy access to an impressive lineup of current amenities, including a clubhouse with indoor lounge, kitchen, bar, fitness center, observation deck, infinity-edge pool, putt putt course, and outdoor grilling area. Even more lifestyle features are on the way by Summer 2025, residents will benefit from Phase Two amenities including a community marina, paddleboard and kayak launch, tennis and pickleball courts, fenced dog park, multi-purpose field, and playground.

Conveniently located just 15–20 minutes from the South 1396 Boat Ramp, and within easy reach of the Belle Vie and Five Points developments, 470 Peninsula Drive offers scenic views, community convenience, and design flexibility, all under $500K.

*Buyer to verify all information*

Basic Details

Property Type: Land
Listing Type: For Sale
Listing ID: 20869882
Price: $484,999
Lot Area: 1.38 Acre
Waterfront Yn: 1
Listing Status: Active
Office Name: C4 Home and Land Team
Agent Name: Hannah Cupps
Property Sub Type: Unimproved Land

Features

Swimming Pool Community
Utilities Electricity Available,Water Available,Septic Available
Waterfront Features Lake Front,Waterfront
Sewer Septic Tank

Address Map

Country US
State TX
County Fannin
City Honey Grove
Zipcode 75446
Street: Peninsula
Street Number: 470
Street Suffix: Drive
Directions: From Bonham, head East on 82 for about 18 miles. Take exit 686 onto FM-100 TX-34 and turn left, and head north. After 6 miles, turn left onto County Rd 2730 and go west for about 1.5 miles. The Peninsula and Lot 12 are on your right.

Neighborhood

Elementary School: Honeygrove
Elementary School District: Honey Grove ISD
High School: Honeygrove
High School District: Honey Grove ISD
Middle School: Honeygrove

Additional Information

Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/20869882
Water Body Name: Bois d'Arc
Community Features: Pool,Clubhouse,Golf,Fitness Center,Gated,Fishing,Lake,Boat Facilities
Current Use: Residential
Lot Features: Acreage,Subdivision,Waterfront