2930 Peninsula Drive, Grapevine, TX 76051
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
Listed by: brad crouch
Office: engel&volkers dallas southlake
MLS#:21254465
Source:GDAR
Price summary
- Price:$1,425,000
- Price per sq. ft.:$341.15
About this home
Private 1.2- Acre Wooded Retreat Near Grapevine Lake- Carroll ISD
This Peninsula Drive property offers a rare opportunity for a lake-oriented lifestyle in Carroll ISD.
From the backyard, a quiet path leads through Corps of Engineers land toward the water’s edge, creating a setting that feels removed from the city while remaining minutes from Southlake Town Square and DFW Airport.
Surrounded by mature trees and elevated above Labrador Bay, the property provides a strong sense of privacy with no rear development. The environment feels natural, quiet, and enduring—distinct from traditional suburban neighborhoods.
Inside, the home spans over 4,100 square feet with five bedrooms and multiple living areas. Large windows bring in natural light and connect the interior to the surrounding landscape, while the layout flows naturally toward outdoor living spaces.
Outside, multiple decks, shaded gathering areas, and open spaces create a flexible environment for entertaining, relaxing, and everyday living. A separate powered structure offers additional space for a private office, studio, or creative use.
At the base of the property lies Labrador Bay, where seasonal water levels can enhance the sense of proximity to the lake. The combination of elevation, privacy, and location offers a unique setting within Carroll ISD.
Opportunities for this level of land, privacy, and proximity to Grapevine Lake are limited.
More than a home, this property offers a distinct way to live....
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Home facts
- Year built:1992
- Listing ID #:21254465
- Added:1 day(s) ago
- Updated:May 19, 2026 at 11:45 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Flooring:Carpet, Ceramic Tile, Wood
- Kitchen Description:Dishwasher, Disposal, Gas Range, Microwave, Vented Exhaust Fan
- Basement:Yes
- Living area:4,177 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric, Zoned
- Heating:Central, Natural Gas, Zoned
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1992
- Building area:4,177 sq. ft.
- Lot area:1.2 Acres
- Lot Features:Greenbelt, Interior Lot, Landscaped, Many Trees, Subdivision
- Architectural Style:Craftsman, Traditional
- Construction Materials:Brick, Wood Siding
- Foundation Description:Combination
Schools
- High school:Carroll
- Middle school:Carroll
- Elementary school:Johnson
Finances and disclosures
- Price:$1,425,000
- Price per sq. ft.:$341.15
- Tax amount:$13,968
Features and amenities
- Appliances:Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Plumbed For Gas, Some Gas Appliances, Vented Exhaust Fan
- Amenities:Security Lights, Smoke Detectors
Parking
- Garage:Yes
- Garage spaces:2
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