Check Availability
Palo Pinto 76449
175 Bay Hill Drive
$2,999,999
↓ $200K (6.3%)
● House - For Sale

175 Bay Hill Drive

Possum Kingdom Lake, TX 76449
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
5,620 Ft²
$14,928
Est. Monthly
$197
HOA / Fees

About This Property

Few properties at Possum Kingdom Lake command a setting like this. Positioned high along the dramatic cliffline within the prestigious Cliffs Resort, the scenery from this remarkable vantage point is simply unforgettable. This is one of the most coveted vantage points on the entire lake. Set on a double lot along the resort's most sought-after street, this estate overlooks both the championship golf course and vast open blue waters of Possum Kingdom, capturing sweeping 180-degree panoramic views stretching for miles across Palo Pinto hill country. The residence was thoughtfully designed to showcase lake scenery from nearly every room. Upon entering, soaring ceilings and expansive two-story windows frame breathtaking lake views. Spacious living areas highlight exceptional craftsmanship with hand-carved trim work, exposed beams, suspended arches, tin ceilings, and a dramatic floor-to-ceiling stone fireplace. Multiple sitting areas invite quiet moments to relax and enjoy the ever-changing lake views. Outdoor living is equally impressive. The terraced landscape features an extraordinary infinity-edge pool designed to visually merge with the expansive water views beyond, along with shaded patios and mature oak trees creating inviting spaces for gathering or peaceful relaxation. Recent renovations redesigned portions of the floor plan for larger family accommodations and more overnight guests while brightening and modernizing the interior. Updates include quartz countertops, marble backsplashes & flooring, redesigned bathrooms, and refreshed finishes throughout. Major upgrades include hurricane-rated Andersen windows, doors with automatic shades, PEX plumbing, foam insulation, tankless water heaters, and drought-resistant landscaping. Room for future second residence with dramatic views. The Cliffs Resort Owners enjoy access to a championship golf course, marina, restaurant, pro shop, pools, tennis, pickleball, walking trails, and a vibrant lake community. Priced to sell.
Unit Size
5,620 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$534
Property Type
House
Property Taxes
-
HOA Dues
$197
Year Built
1997

Listed By

Vee Hanssen
Possum Kingdom Real Estate
Darcie Vescera
Possum Kingdom Real Estate

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (NTREIS #21195426)

Price History

Date / Event Date Event Price
Apr 23, 2026 Price Decreased $2,999,999
↓ $200K (6.3%)
Price Decreased
Mar 4, 2026 Listed by Possum Kingdom Real Estate $3,200,000
Listed by Possum Kingdom Real Estate
Sep 8, 2025 Temporarily off market -
Temporarily off market
May 16, 2024 Withdrawn -
Withdrawn
May 16, 2024 Listed by Possum Kingdom Real Estate $2,500,000
Listed by Possum Kingdom Real Estate
THE Crown Jewel Estate of The Cliffs Resort with countless amenities! Breathtaking oasis set high atop a bluff, enjoys endless panoramic views of huge open blue lake & lush golf course! Inside, amazing views through new hurricane force Andersen windows & doors with auto shades. The level of detail and high-end finishes selected are highest quality, hand carved trim work, suspended arches. Gourmet kitchen with Wolf & Subzero appliances, all new quartz countertops, sinks & fixtures, marble backsplash and ceiling. Recent renovation has brightened and updated PLUS major mechanical upgrades like PEX plumbing and tankless water heaters, foam insulation. Bathrooms redesigned with new marble floors, cabinets, lighting, showers. Adjacent lakefront lot with pool and two more undeveloped lakefront lots owned by Seller are NOT included in this offering. This house and location are magnificent.
Show More

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Circular Driveway, Concrete, Drive Through, Inside Entrance, Lighted, Oversized, Paved
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Built-in Features, Chandelier, Eat-in Kitchen, Kitchen Island, Natural Woodwork, Pantry, Walk-In Closet(s), High Speed Internet Available, Sound System Wiring, Second Primary Bedroom
Appliances: Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Double Oven, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Washer, Commercial Grade Range, Commercial Grade Vent
Flooring Type: Hardwood, Marble, Slate
Has Fireplace
Fireplace Features: Bedroom, Gas Log, Gas Starter, Great Room, Bedroom, Propane, Raised Hearth, Wood Burning Stove
Fireplaces: 3
Exterior Details
Square Footage: 5620
Year Built: 1997
Waterfront Features: Lake Front – Main Body
Levels: Two
Other Structures: Outdoor Kitchen
Window Features: Electric Shades
Construction Materials: Wood Siding, Rock/Stone
Patio and Porch Features: Deck, Terrace
Pool Features: Fenced, Gunite, Heated, In Ground, Infinity, Pool Sweep, Pool/Spa Combo
Pool is Private
Lot Features: Rock Outcropping, Waterfront, Lrg. Backyard Grass, Sprinkler System, Water/Lake View
Lot Size Area: 0.624
Lot Size Units: Acres
Lot Size Acres: 0.624
Lot Size Square Feet: 27181.44
Tax Lot: 161
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Security
HOA Fee: $2,365
HOA Fee Frequency: Annually

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 624
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,181
  • Lot Size Frontage Feet: 0
  • Total Building Area: 5,620
  • Gross Building Area: 5,620
  • Building Area: 5,620
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 5,620
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLIFFS PHASE I
  • Land Acres: 0000000624
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: CLIFFS PHASE I LOT 161-162 G#C0250-01-01610-000-00-0

Neighborhood

  • School District Name: Palo Pinto Independent School District
  • School Tax School District: PPI HPD ESD1
  • Census Tract: 000200

Geography

  • Account Number: R000012271
  • Subdivision Phase Number: 1
  • Parcel: 110242600
  • Lot: 161,162
  • Municipality: GRAFORD
  • Latitude: 32.8519
  • Longitude: -98.4312

    Address

  • Full Address: 175 Bay Hill Dr
  • Address - House Number: 175
  • Address - Street Name: Bay Hill
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Graford
  • Carrier Code: H051
  • 4-Digit Zip Code: 5006
  • Zip Code: 76449

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,377,577
  • Tax Rate Code Area: CAD 182 PP

    Appraisal Valuation

  • Standard Deviation: 0.4429
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 11
  • Final Value: 2,682,577
  • High Value: 3,870,919
  • Low Value: 1,494,234

    Market Valuation

  • Market Total Value: $3,228,690
  • Market Land Value: $450,410
  • Market Improvement Value: $2,778,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,228,690
  • Assessed Land Value: $450,410
  • Assessed Improvements Value: $2,778,280

    Sales

  • Current Sale Contract Date: May 26, 2021
  • Current Sale Recording Date: Jun 01, 2021
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-00003744
  • Previous Sale Recording Date: May 02, 2007
  • Previous Sale Contract Date: May 01, 2007
  • Previous Sale Amount: $1,942,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Palo Pinto


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 175 Bay Hill Drive built and last sold?
The property at 175 Bay Hill Drive was built in 1997 and last sold on May 26, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 175 Bay Hill Drive is $3,029,999.
What are some comparable homes to 175 Bay Hill Drive?
There are currently no comparable homes to 175 Bay Hill Drive.