2936 Peninsula Drive

Grapevine, TX 76051

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.

Listing courtesy of Brad Crouch of Engel&Volkers Dallas Southlake [email protected]



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Last checked: 2026-03-06 11:04 PM CST