Property
Beds
5
Full Baths
4
1/2 Baths
1
Year Built
1992
Sq.Footage
4,177
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.
Features & Amenities
Interior
-
Other Interior Features
High Speed Internet
-
Total Bedrooms
5
-
Bathrooms
4
-
1/2 Bathrooms
1
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air, Electric, Zoned
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Exhaust Fan, Central, Natural Gas, Zoned
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Wood Siding, Brick
-
Other Exterior Features
Balcony, Lighting, Storage
-
Parking
Garage Faces Front, Oversized, Boat, RV Access/Parking, Attached
-
Patio and Porch Features
Covered, Deck
-
Pool
No
-
Waterfront YN
YES
Area & Lot
-
Lot Features
Greenbelt, Interior Lot, Landscaped, Many Trees, Subdivided, Waterfront
-
Lot Size(acres)
1.2
-
Lot Size(square feet)
52272.0
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Craftsman, Traditional
Price
-
Sales Price
$1,395,000
-
Tax Amount
$13,968
-
Sq. Footage
4, 177
-
Price/SqFt
$333
HOA
-
Association
No
School District
-
Elementary School
Johnson
-
Middle School
Carroll
-
High School
Carroll
Property Features
-
Foundation Details
Combination
-
Sewer
Public Sewer
-
Tax Lot
11
-
Water Source
Public
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Location
County
Tarrant
Elementary School
Johnson
Middle School
Carroll
High School
Carroll
Listing Courtesy of Brad Crouch , Engel&Volkers Dallas Southlake
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AGENT
Joe Boston
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