5402 Peninsula Way, Garland, TX 75043
Local realty services provided by:Better Homes and Gardens Real Estate Winans
Listed by: brad smith
Office: blvd group
MLS#:21330332
Source:GDAR
Price summary
- Price:$419,000
- Price per sq. ft.:$234.73
About this home
Homes like this don't come along often on Rockwall lake. Fully renovated just a few years ago and a proven Airbnb performer with years of strong, steady income, this one is ready for its next chapter...your family's home, your smartest investment, or both.
Tucked against an expansive greenbelt with views of the lake, the backyard is where this home truly shines. A sparkling private pool anchors the patio, framed by a shaded pergola, a quiet retreat where the only neighbors behind you are trees, water, and Texas sunsets.
Inside, soaring vaulted ceilings, wood-look tile, and walls of windows fill the open living and dining areas with natural light. The showstopping floral accent wall with its neon 'Hello Gorgeous' sign has made this home instantly recognizable to guests, and endlessly photogenic. The kitchen pairs warm wood cabinetry with black granite, stainless appliances, and a bay window framing the lake, while the skylit dining space seats eight with French doors opening straight to the pool.
And yes, it comes with the arcade. A dedicated game room loaded with classic arcade cabinets, air hockey, and shuffleboard has been a guest favorite for years and sets this property apart from everything else on the lake.
Spacious bedrooms include a serene king suite with sitting area and backyard access, plus a bunk room guests love. The spa-inspired primary bath features dual vanities and an oversized walk-in shower with two showerheads, a built-in bench, and a gorgeous arched stained-glass window.
Lake views, greenbelt privacy, resort-style pool, and documented short-term rental income, flexibility and lifestyle that rarely hit the market in Rockwall. Come experience it in person at the open house....
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Home facts
- Year built:1983
- Listing ID #:21330332
- Added:1 day(s) ago
- Updated:July 15, 2026 at 04:56 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Dishwasher, Disposal, Electric Cooktop, Microwave, Refrigerator
- Living area:1,785 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1983
- Building area:1,785 sq. ft.
- Lot area:0.22 Acres
- Construction Materials:Brick
- Levels:1 Story
Schools
- High school:Choice Of School
- Middle school:Choice Of School
- Elementary school:Choice Of School
Finances and disclosures
- Price:$419,000
- Price per sq. ft.:$234.73
- Tax amount:$7,406
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Electric Cooktop, Microwave, Refrigerator, Washer
- Laundry features:Dryer, Washer
Parking
- Garage:Yes
- Garage spaces:2
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