Residential Land with Home for Sale in Malakoff, Texas

Best access: From Payne Rd. to Alamo Rd. right on Park Way ** Extraordinary luxury lakefront retreat on Cedar Creek Lake, tucked away on a private, gated peninsula with only a handful of homes--where privacy, craftsmanship, and water access meet. Set on 1.7 acres with 300+ ft of lake frontage, offering room for an ADU or shop, 360 lake views (including deep-water views across the street), and direct access to a protected, multi-creek-fed cove that typically stays wet during low season--providing quiet water away from heavy boat traffic. A golf cart path leads directly from the home to the boathouse. Designed for refined living and entertaining, this home offers 4-5 bedrooms, 3.5 baths, and approx. 3,500 sq ft. Four bedrooms are on the main level, including the primary suite, while the upper level provides a 5th bedroom or flexible game-media space. Interiors showcase elevated finishes including imported Taj Mahal Quartzite countertops, handmade inset Shaker cabinetry, and a custom imported wallpaper mural. Architectural highlights include 17-ft ceilings, vaulted spaces, 8-ft five-panel doors, Lifeproof luxury vinyl flooring, porcelain tile baths, and curated fixtures. The kitchen features a separate prep kitchen-pantry, while an independent wet bar with wine chiller enhances entertaining. The primary suite offers a spa-inspired bath with dual vanities, soaking tub, crystal chandelier, expansive walk-in closet, and sliding exterior door. Outdoor living includes a large covered patio with wood-burning fireplace, copper rain gutters, lake-fed irrigation, and a private boathouse. While lake levels fluctuate, this cove typically allows year-round boat access. Nearby amenities include fishing pier, picnic areas, playground, swimming access, and boat ramp. Short-term rentals allowed--where luxury meets seclusion.