3061 Park Road 36
Graford, TX, 76449 $ 3,995,000
Bedrooms5 Baths5.1 Sq 4,593 Monthly Estimate*
$ 24,924
for $3,995,000 with 5 bedrooms and 5 full baths, 1 half bath. This 4,593 square foot home was built in 2025 on a lot size of 0.301.
Wake up to dazzling blue waters and own the lake life everyone dreams of with this rare new-construction masterpiece on the exclusive south side of the Peninsula at Possum Kingdom Lake. Perfectly blending high-end design, breathtaking views, and prime investment potential, this custom modern retreat is now underway—crafted by one of PK’s reputable builders in collaboration with renowned Blake Architects. Positioned to capture sweeping panoramic views over Possum Kingdom’s legendary deep, crystal-clear waters, this striking two-story home features a sophisticated mix of stone, stucco, wood, and brick, accented by bold lines and sleek black windows and doors that frame the lake from nearly every room. With 4,593 sq ft of luxury living (6,221 sq ft under roof), it offers 5 spacious bedrooms, 6 designer bathrooms, and expansive indoor-outdoor spaces built for grand entertaining or quiet lakeside relaxation. Step out to multiple covered patios and porches that lead to a stunning lakeside pool and spa currently underway, plus a sunken firepit and a fully equipped outdoor kitchen—setting the stage for unforgettable gatherings as the sun sets over the water. A brand-new double-decker dock is also under construction, complete with a 29-foot boat slip and two PWC slips with lifts in some of the clearest, deepest water on PK. Additional highlights include a two-car garage, concrete drive, and quick boat access to Hell’s Gate, lively waterfront dining, marinas, and all your essentials just minutes away by land. Possum Kingdom Lake is celebrated for its unmatched beauty, exceptional clarity, and vibrant recreational lifestyle, making it one of Texas’s most coveted lakefront markets. Even better, short-term rentals are allowed in only a few areas—so you can enjoy personal lake living at its finest while also unlocking excellent income potential. Opportunities like this—brand-new, fully custom construction with commanding views on the Peninsula—are incredibly rare.
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FeaturesInteriorInterior Features Built-in Features Decorative Lighting Double Vanity Flat Screen Wiring High Speed Internet Available Multiple Staircases Open Floorplan Pantry Smart Home System Walk-In Closet(s)
Basement Y/N 0
Dining Areas 1
Living Areas 1
Half Baths 1
Total Bedrooms 5
Total Baths 6
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GeneralHeating Zoned
Cooling Central Air Zoned
Utilities Asphalt Co-op Water
Possession Closing/Funding Upon Completion
Roof Metal
Appliances Microwave
Assoc Fees 382
Number of Garage Spaces 2
Restrictions Deed
School District Graford ISD
HOA Fee Includes Trash
Pool Y/N 1
Year Built 2025
Architctural Style Contemporary/Modern
Community Features Boat Ramp Fishing Jogging Path/Bike Path Lake Marina Restaurant RV Parking
Levels Two
Property Subtype Single Family Residence
Subdivision Name Peninsula
Transaction Type For Sale
County Palo Pinto
Property Type Residential
Construction Materials Rock/Stone Stucco Wood
Year Built Details New Construction - Incomplete
Accessory Unit Y/N N
HOA Type Mandatory
Full Baths 5
Status Active
Directions From the Possum Kingdom Welcome Center Head west on Park Rd 36 toward Lavilla Rd 1.0 mi Turn left to stay on Park Rd 36 0.6 mi Turn left onto Blushing Bride 59 ft Turn right Destination will be on th
City Possum Kingdom Lake
Elementary School Name Graford
High School Palo Pinto
Elementary School Graford
Standard Status Active
Listing Terms Cash Conventional
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ExteriorWaterfront 1
Exterior Features Covered Patio/Porch Dock Outdoor Kitchen
Lot Features Level Waterfront
Soil Type Unknown
Lot Size Source Public Records
Parking Features Additional Parking Concrete Driveway
WaterFront Features Dock – Covered Lake Front Lake Front – Main Body
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Pool Features Separate Spa/Hot Tub
Structural Style Lake House
Garage Y/N 1
Attached Garage Y/N 1
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* Excluded FeaturesList ByKeith HanssenListing Agent
Possum Kingdom Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $24,924
- Monthly Property Taxes
- $675
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Graford, TX
Average List Price $1,354,388
Percent of Sale Price 66%
About Graford, TX 490 Population
8% Since 2002
$ 59,643 Median Income
38.19 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
285591 Elementary School
5136291 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/3/2025 | $3,995,000 | | Listed Price |