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Residential Land for Sale in Honey Grove, Texas

385 Sailview Ct, Honey Grove, TX 75446

$525,000
1.49 acres
Active
$104k drop
Est $4,463/mo

Experience true lakefront ownership on one of the most sought-after homesites in the gated Peninsula at Bois d'Arc Lake.

Lot 61 spans 1.49 acres with expansive southwest-facing open-water views and an exceptionally rare combination of private dock-capable shoreline plus a deeded developer-built marina slip (Slip #11) maintained by the HOA. Homesites offering both direct shoreline access and a secured marina slip are extremely limited within the community, making this property difficult to replicate and increasingly scarce.

The lot is ideally suited for a custom lake residence designed to maximize panoramic lake views and sunset exposure. Its location offers a short golf-cart ride to the community's multi-million-dollar clubhouse, infinity pool, and fitness center, while also being positioned near walking and golf-cart paths, a fenced dog park, a multipurpose field, and additional outdoor amenities currently under development.

Now offered at $525,000 and strategically positioned below a recent appraisal, this property represents one of the strongest opportunities in The Peninsula for true waterfront ownership, enhanced boating access, and long-term value retention. Homesites with both shoreline dock potential and a deeded marina slip are increasingly limited, making this an exceptional opportunity to secure a legacy lake property. Seller is prepared to review qualified offers.

*Buyer to verify all information*

Location

Street address
385 Sailview Ct
Community
The Peninsula
Elevation
565 feet
Coordinates
33.6843, -95.9533

Directions

From Bonham, head East on 82 for about 18 miles. Take exit 686 onto FM-100 TX-34 and turn left, and head north. After 6 miles, turn left onto County Rd 2730 and go west for about 1.5 miles. The Peninsula and Lot 61 are on your right. The lot is in a cul-de-sac in the Peninsula.

Property details

Acreage
1.49 acres
MLS #
NTREIS 21116552
Posted

Expenses

Home Owner Assessments Fee
$2,000 annually

Parcels

  • 138433

Legal description

Resources

Details and features

Listing

Type
Land
Subtype
Unimproved Land

Lot

Waterfront
Lake Front, Waterfront

Nearby schools

NameLevelDistrictDescription
HoneygroveElementary

Listing history

DateEventPriceChangeSource
Dec 16, 2025Price drop$525,000$104,000 -16.5%NTREIS
Nov 22, 2025New listing$629,000NTREIS
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This 1.49-acre property is located at 385 Sailview Ct in Honey Grove, TX 75446. The property is available for sale for $525,000 with a price per acre of $352,349.

Checked 8 hours ago — Updated

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