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Residential Land for Sale in Grapevine, Texas

2936 Peninsula Dr, Grapevine, TX 76051

$980,000
0.63 acres
Active
ago
Est $7,623/mo

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.

Location

Street address
2936 Peninsula Dr
Community
Placid-Peninsula
Elevation
564 feet
Coordinates
32.9751, -97.1106

Property details

Lot size
0.63 acres27,443 sq ft
MLS #
NTREIS 21198778
Posted

Parcels

  • 05305233

Legal description

Details and features

Listing

Type
Land
Franchise
Engel & Völkers

Lot

View
Lake, Water
Waterfront
Lake Front – Corps of Engineers, Waterfront

Nearby schools

NameType
JohnsonElementary

Listing history

DateEventPriceChangeSource
Mar 7, 2026New listing$980,000NTREIS
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This 0.63-acre property is located at 2936 Peninsula Dr in Grapevine, TX 76051. The property is available for sale for $980,000.

Checked 1 hour ago — Updated

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