2936 Peninsula Drive

Grapevine, TX 76051
$725,000
0.63 acres

Description

A rare opportunity to build in a highly desirable wooded area, on a private, low traffic street with picturesque views of Labrador Bay and Lake Grapevine. This 0.63-acre property, one of the last lake view properties on the south side of Lake Grapevine in Southlake Carroll ISD, includes two parcels and is ideally situated adjacent to U.S. Army Corps of Engineers land, offering added privacy and a natural setting. The lot is already equipped with water and electricity, making it ready for your custom dream home plans. This unique property is located within one of the top school districts in DFW, the highly acclaimed Southlake Carroll ISD and is minutes from DFW airport making international travel accessible without being in the flight path. This property combines the peaceful surroundings of Lake Grapevine with convenient access to shopping, dining, travel and recreation. With no HOA restrictions or additional monthly fees, buyers and builders have the flexibility to design and construct an executive home that fits their exact vision. See private remarks for additional details regarding the two included parcels.

Property Type: Land - Improved Land
MLS Status: ActiveUnderContract
MLS: 21198778
Year Built:
County: Tarrant
Tract or Division: Placid-Peninsula
List Date: 03/06/2026
Area:
Square Feet:
Total Beds:
Full Baths:
Half Baths:
Acres: 0.63
Lot Size (sqft): 27,442

800.451.8055

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Interior Features

 
Virtual Tour:

Exterior Features

 
Lot Description:
  • BackYard
  • HardwoodTrees
  • InteriorLot
  • Lawn
  • ManyTrees
  • Sloped
  • CityLot

Utilities

 
Utilities:
  • ElectricityAvailable
  • SewerAvailable
  • WaterAvailable

Additional Property Details

 
Listing Agent: Brad Crouch
Broker: Engel&Volkers Dallas Southlake
Listed by: Brad Crouch, Engel&Volkers Dallas Southlake
Phone: 817.846.4789

Location

Schools

School Name Grades Admission
Carroll High School 9 - 10 Regular
Carroll Senior High School 11 - 12 Regular
Durham Intermediate School 5 - 6 Regular
Carroll Middle School 7 - 8 Regular
Johnson Elementary School PK - 4 Regular
5 Schools

*All school information should be verified by local Independent School District.

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* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.

The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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