470 Peninsula Drive
Honey Grove, TX, 75446
$
484,999
Baths0.0
Monthly Estimate*
$
3,026
Studio for $484,999. The lot size is 1.38.
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*
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Features
General
Development Status
Plat Approved
Utilities
Co-op Electric
Co-op Water
Septic
Possession
Closing/Funding
current use
Residential
Assoc Fees
2000
Restrictions
Building
No Mobile Home
School District
Honey Grove ISD
HOA Fee Includes
Full Use of Facilities
Property Subtype
Unimproved Land
Subdivision Name
The Peninsula
County
Fannin
Property Type
Land
HOA Type
Mandatory
Status
Active
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 Peninsul
City
Honey Grove
Elementary School Name
Honeygrove
High School
Honeygrove
Elementary School
Honeygrove
Standard Status
Active
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Exterior
Waterfront
1
Lot Features
Acreage
Subdivision
Waterfront
WaterFront Features
Lake Front – Main Body
Lot Size
1 to < 3 Acres
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* Excluded Features
List By
Hannah Cupps
Listing Agent
C4 Home And Land Team
Broker
Affordability Calculator
- Monthly Principal & Interest
- $3,026
- Monthly Property Taxes
- --
- 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
Nearby
Lots and land listings in Honey Grove, TX
Average List Price
$547,598
Percent of Sale Price
13%
About Honey Grove, TX
1,638
Population
-4%
Since 2002
$
34,223
Median Income
38.64
Median Age
27%
Households with Children
Trends Information provided by ATTOM Data Solutions.
286210
Elementary School
5136290
Middle School
Pricing History
| Date |
Price |
Price Change |
Description |
|
10/3/2025
|
$484,999
|
|
Listed Price
|