Honey Grove, TX 75446 470 Peninsula Drive
$484,999



29 more






























Presented By: Hannah Cupps with C4 Home and Land Team; 214-225-9545
Home Details
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*
Presented By: Hannah Cupps with C4 Home and Land Team; 214-225-9545
Interior Features for 470 Peninsula Drive
Other Interior Features
Lock Box TypeNone
General for 470 Peninsula Drive
Assoc Fees2000
Association Fee FrequencyAnnually
CityHoney Grove
Community FeaturesBoat Ramp, Club House, Community Pool, Fishing, Fitness Center, Gated, Golf, Lake
CountyFannin
Development StatusPlat Approved
DirectionsFrom 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
EasementsUtilities
Elementary SchoolHoneygrove
Elementary School NameHoneygrove
HOA Fee IncludesFull Use of Facilities
HOA TypeMandatory
High SchoolHoneygrove
PossessionClosing/Funding
Property SubtypeUnimproved Land
Property TypeLand
RestrictionsBuilding, No Mobile Home
School DistrictHoney Grove ISD
Standard StatusActive
StatusActive
Subdivision NameThe Peninsula
UtilitiesCo-op Electric, Co-op Water, Septic
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Zoning DescriptionFannin County Planning and Zoning Department – Bois d’Arc Lake
1203 E. Sam Rayburn Drive Bonham, TX 75418
903-449-4220 dhopkins@fanninco.net
current useResidential
Exterior for 470 Peninsula Drive
Lot FeaturesAcreage, Subdivision, Waterfront
Lot Size1 to < 3 Acres
Lot Size Acres1.3800
Lot Size Area1.3800
Lot Size Square Feet60112.8000
Lot Size UnitsAcres
WaterFront FeaturesLake Front – Main Body
WaterfrontYes
Additional Details
Price History
Schools
Elementary School
Honeygrove Elementary School
Middle School
N/A

Rodney Edwards
Associate Broker