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SRE-Sudderth Real Estate
100 E Collin St. / 404 N Powell Parkway
Leonard / Anna , TX
Phone:
(903) 587-3301
Fax:
(903) 587-2404
Mobile:
(972) 658-2084
Email: rodger@sretexas.com
sretexas@sretexas.com

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Aerial view of property with proximity to amenities
470 Peninsula Drive
Honey Grove, TX 75446
Fannin, US
Community: The Peninsula
$484,999.00 listing calculator
Status: Active (For Sale)
Type: Lots & Acreage
Subtype: Unimproved Land
Lot Size: 1.38 Acres
MLS ID: 20869882


Overview
Photos (35)
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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*

Courtesy Of: C4 Home and Land Team


Feature Highlights


  • Municipal Utility District

Public Schools


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

Exterior Features and Amenities


Subdivision Name:
The Peninsula
Community Features:
Boat Ramp,Club House,Community Pool,Fishing,Fitness Center,Gated,Golf,Lake
Lot Size Units:
Acres
Lot Features:
Acreage,Subdivision,Waterfront
Lot Size:
1 to < 3 Acres
Lot Size Area:
1.3800

Utility Information


Utilities:
Co-op Electric,Co-op Water,Septic

Financial


Association Fee Frequency:
Annually
Tax Legal Description:
PENINSULA ADDITION, LOT 9, ACRES 1.38
Association Type:
Mandatory
Association Fee Includes:
Full Use of Facilities
Association Fee:
2000

Other Features


Easements:
Utilities
Parcel Number:
138381
Possession:
Closing/Funding
Restrictions:
Building,No Mobile Home
Will Subdivide:
No


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.

Availability Calendar


- Available - Unavailable

Rental Rates


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Data last updated: 2025-05-04
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