470 PENINSULA DRIVE, HONEY GROVE, TX 75446

Homes for sale in Honey Grove.

Homes for sale in 75446.


470 Peninsula Drive

Honey Grove, TX 75446

Active

List Price$484,999

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21077904

1.38

Acres

Lots / Land

Type

About This Property

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*

Property Features

Location Information

County

Fannin

Subdivision

The Peninsula

Interior Features

Has Fireplace

No

Exterior Features

Water / Sewer

Electricity Available, Septic Available, Water Available

Development Status

Site Plan Approved

Utilities

Electricity Available, Septic Available, Water Available

Lake Name

Bois d'Arc

Lot Description

Acreage, Subdivision, Waterfront

Waterfront Description

Lake Front, Waterfront

Lot Size in Acres

1.38

Has Waterfront

Yes

Lot Size in Sq. Ft.

60,112

Is One Story

No

Current Use

Residential, Single Family

Lot Description

Acreage, Subdivision, Waterfront, Lake Front, Waterfront

Zoning

Fannin County Planning and Zoning Department -- Bo

School

Elementary School District

Honey Grove ISD

Jr. High School

Honeygrove

Elementary School

Honeygrove

High School

Honeygrove

Additional Information

Property Type

LL

HOA Fee

$2,000

Property SubType

Unimproved Land

HOA Frequency

Annually

Status

Active

HOA Includes

All Facilities

Has a Home Owners Association

Yes

Similar Listings

Mortgage Calculator

$2,264

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,747

Monthly Tax

$404

Monthly Insurance

$113

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

Real Estate IDX Powered by iHomefinder