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Residential Land for Sale in Honey Grove, Texas

470 Peninsula Dr, Honey Grove, TX 75446

$484,999
1.38 acres
Active
Est $4,136/mo

Lakefront, 1.38 Acres, Boat Dock Capable, Under $500K.

Welcome to Lot 9, also known as 470 Peninsula Drive, a 1.38-acre lakefront property situated in the gated community of The Peninsula on Bois d'Arc Lake. This wooded homesite features mature trees, natural elevation, and expansive lake views, offering a scenic and flexible space to design your custom home. Located in a bring-your-own-builder community, it provides the freedom to create a property tailored to your lifestyle or investment goals.

Lakefront and boat dock capable, this lot is well-positioned for buyers seeking access to the lake and the ability to personalize their build. Short-term rentals are permitted, making this a strong candidate for either full-time residence, vacation home, or income-producing property.

The Peninsula and The Shores at The Peninsula are the only communities on Bois d'Arc Lake with existing homes, allowing you to tour the neighborhood and experience the growing community firsthand. The development originally sold out in under 30 minutes, an early sign of its strong appeal and long-term value.

Homeowners enjoy access to an impressive lineup of current amenities, including a clubhouse with indoor lounge, kitchen, bar, fitness center, observation deck, infinity-edge pool, putt putt course, and outdoor grilling area. Even more lifestyle features are on the way by Summer 2025, residents will benefit from Phase Two amenities including a community marina, paddleboard and kayak launch, tennis and pickleball courts, fenced dog park, multi-purpose field, and playground.

Conveniently located just 15-20 minutes from the South 1396 Boat Ramp, 470 Peninsula Drive offers scenic views, community convenience, and design flexibility, all under $500K.

*Buyer to verify all information*

Location

Street address
470 Peninsula Dr
Community
The Peninsula
Elevation
572 feet
Coordinates
33.6892, -95.9523

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 12 are on your right.

Property details

Acreage
1.38 acres
MLS #
NTREIS 21077904
Posted

Expenses

Home Owner Assessments Fee
$2,000 annually

Parcels

  • 138381

Legal description

Resources

Details and features

Listing

Type
Land
Subtype
Unimproved Land

Lot

Waterfront
Lake Front – Main Body, Waterfront

Nearby schools

NameLevelDistrictDescription
HoneygroveElementary

Listing history

DateEventPriceChangeSource
Oct 4, 2025New listing$484,999NTREIS
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This 1.38-acre property is located at 470 Peninsula Dr in Honey Grove, TX 75446. The property is available for sale for $484,999 with a price per acre of $351,449.

Checked 27 mins ago — Updated

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