See Home Value
Burnet 78611
247 Peninsula DR
$1,500,000
● House - Off Market

247 Peninsula DR

Burnet, TX 78611
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,999 Ft²
$8,592
Est. Monthly
$200
HOA / Fees

About This Property

This stunning home is located inside the gated Peninsula at Lake Buchanan, 247 Peninsula Dr is a true architectural lakefront masterpiece designed with intention, durability, and year-round livability. Built using insulated concrete forms (ICF) and steel-beam roof support, this 4-bedroom, 3.5-bath home offers exceptional structural strength, energy efficiency, and quiet comfort. Resting on a 0.98-acre waterfront lot-blasted into solid granite to eliminate steps-this property provides effortless, grade-level access from the home to the lakeshore, a rarity on Lake Buchanan.

Walls of glass capture unobstructed lake views from almost every room, and the living room's retractable glass wall opens completely to a massive 1,600 sq. ft. cantilevered patio, creating a seamless indoor/outdoor living experience. Enjoy an outdoor kitchen with custom granite surfaces, sink, mini-fridge, and gas cooktop, plus a swimming pool and dual gas fireplaces for year-round enjoyment.

The primary suite occupies its own private wing, offering panoramic lake views, direct patio access, an oversized soaking tub framed by a picture window, a large walk-in shower, custom cabinetry, and a boutique-style closet with dual built-in dressers and dedicated shoe storage.

Inside, custom granite surfaces extend through the kitchen, bathrooms, laundry room, and outdoor kitchen. A large office with its own exterior entrance provides professional flexibility, while a hidden pocket office concealed behind a 250-gallon aquarium delivers a one-of-a-kind workspace.

A huge three-bay garage accommodates vehicles, lake toys, and storage, while the property includes a deeded boat slip in the owners-only marina. Annual POA dues of just $2,500 cover marina upkeep, private water system, road maintenance, and common-area care.

THIS is lake living-elevated, intentional, and unforgettable.
Unit Size
2,999 Ft²
Days on Market
-
Land Size
0.98 acres
Price per sqft
$500
Property Type
House
Property Taxes
$1,026
HOA Dues
$200
Year Built
-

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Last updated: 8 months ago (Unlock MLS #ACT8869497)

Price History

Date / Event Date Event Price
Feb 5, 2026 In contract -
In contract
Dec 9, 2025 Listed by New Hope Realty Group $1,500,000
Listed by New Hope Realty Group

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Building Count: 1
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 912
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 8
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 42,689
  • Lot Size Depth Feet: 10
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,834
  • Gross Building Area: 3,834
  • Building Area: 2,922
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,922
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PENINSULA ON LAKE BUCHANAN
  • Land Acres: 0000000980
  • Standard Land Use Code: 1001
  • County Land Use Code: A3
  • State Land Use Code: A3
  • Legal Description 1: S7081 PENINSULA ON LAKE BUCHANAN LOT 24

Neighborhood

  • School District Name: Burnet Consolidated Independent School District
  • Census Tract: 960401

Geography

  • Parcel: 82136
  • Lot: 24
  • Municipality: BURNET
  • Latitude: 30.8051
  • Longitude: -98.3882

    Address

  • Full Address: 247 Peninsula Dr
  • Address - House Number: 247
  • Address - Street Name: Peninsula
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Burnet
  • Carrier Code: H004
  • 4-Digit Zip Code: 3786
  • Zip Code: 78611

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $432,466
  • Tax Rate Code Area: WCD

    Appraisal Valuation

  • Standard Deviation: 0.3157
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 36
  • Final Value: 253,534
  • High Value: 333,592
  • Low Value: 173,475

    Market Valuation

  • Market Total Value: $493,742
  • Market Land Value: $330,000
  • Market Improvement Value: $163,742

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $493,742
  • Assessed Land Value: $330,000
  • Assessed Improvements Value: $163,742

    Sales

  • Current Sale Contract Date: Sep 04, 2020
  • Current Sale Recording Date: Sep 25, 2020
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202012306
  • Previous Sale Recording Date: May 10, 2017
  • Previous Sale Contract Date: Apr 24, 2017
  • Previous Sale Amount: $16,000
  • Previous Sale Document Type: 27
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 Burnet


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Frequently Asked Questions

When was property at 247 Peninsula Drive built and last sold?
The property at 247 Peninsula Drive was built in and last sold on Sep 4, 2020 for $271,900.
How much is this home worth?
The estimated value of the home located at 247 Peninsula Drive is $0.
What are some comparable homes to 247 Peninsula Drive?
There are currently no comparable homes to 247 Peninsula Drive.