Listing provided courtesy of C4 Home and Land Team- MLS# 21077904MLS ProviderContact Information: Hannah Cupps - 214-225-9545

470 Peninsula DriveHoney Grove, TX 75446

Vacant Land · 1.38 Acres
$474,900 Active

470 Peninsula Drive Overview

Visits:
3

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, 470 Peninsula Drive offers scenic views, community convenience, and design flexibility, all under $500K. *Buyer to verify all information*

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

470 Peninsula Drive Facts & Features

  • Type Vacant Land
  • Lot 1.38 Acres

Details

General

Association/HOA

  • Association Fee: 2000.0
  • Association Fee Frequency: Annually
  • Association Fee Includes: All Facilities
  • Association Name: Bender Property Management
  • Association: Yes

School Information

  • School District: Honey Grove ISD
  • Elementary School: Honeygrove
  • Middle Or Junior School: Honeygrove
  • High School: Honeygrove

Business Information

  • Current Use: Residential,Single Family

Location/Region

  • Country: US
  • County Or Parish: Fannin
  • Postal City: HONEY GROVE
  • Subdivision Name: The Peninsula

Community/Development

  • Development Status: Site Plan Approved

General Information

  • Disclosures: Municipal Utility District Disclosure
  • Parcel Number: 138381
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Acreage,Subdivision,Waterfront
  • Lot Size Acres: 1.38
  • Lot Size Area: 1.38
  • Lot Size Square Feet: 60112.8
  • Lot Size Units: Acres
  • Water Source: Community/Coop

Waterfront/View

  • Water Body Name: Bois d'Arc
  • Waterfront Features: Lake Front,Waterfront
  • Waterfront: Yes

General Information

  • Sewer: Septic Tank
  • Utilities: Electricity Available,Septic Available,Water Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

470 Peninsula Drive Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

470 Peninsula Drive Market Data

Based on the last 30 days in this zip code

$577,254
Average List Price
$232
Average Price per Square Foot
0
Properties Sold
181
Average Days on Market
30
Properties for Sale
Calculations provided by Reliance Network


Prosperity Home Mortgage, LLC

Prosperity Home Mortgage, LLC

When you decide to buy a home or refinance your mortgage, your search should start and end here. At Prosperity Home Mortgage, LLC, we strive to create an extraordinary customer experience through the efforts of knowledgeable and caring mortgage professionals where relationships are valued, and the focus is on treating every client as if they were the only client. Choose a lender you can trust to find the mortgage loan that best suits your needs.


HomeServices Insurance

HomeServices Insurance

HomeServices Insurance is an independent agency that operates through a network of offices located throughout the northern Texas area.  As a full-service operation, we offer a full suite of quality insurance solutions including home, auto, umbrella, and more.  We have established long term relationships with many of the top national and regional carriers in the country, bringing you the power of choice when it comes to your personal insurance needs.