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2856 Peninsula Drive Grapevine, Texas 76051

For Sale

$995,000

Smart Buyer Rebate $9,950

One-of-a-kind custom home in the prestigious Grapevine Lake community within award-winning Carroll ISD. Situated on nearly half an acre, this exceptional property offers a rare blend of luxury, privacy, and nature just minutes from Southlake Town Square, DFW Airport, and Historic Grapevine. Surrounded by mature trees and lush landscaping, the expansive front and backyard showcase beautiful Emerald Zoysia grass, creating a manicured, resort-like setting year-round. With no homes directly behind the property, you'll enjoy exceptional privacy and peaceful views of nature. Designed for entertaining, the outdoor living space features an impressive two-level Trex deck overlooking the oversized backyard, perfect for hosting parties, family gatherings, or relaxing evenings outdoors. The home has been extensively renovated inside and out with premium finishes throughout, including a new Level 4 hail-resistant roof installed in 2023. The garage features epoxy flooring and is wired for EV charging, while two custom cedar-built sheds provide additional storage. Inside, white oak accent walls, custom cabinetry and doors, and designer LED lighting create a warm yet sophisticated atmosphere. Andersen windows and sliding glass doors flood the home with natural light while seamlessly connecting indoor and outdoor living spaces. The gourmet kitchen is equipped with brand-new Thermador appliances, while electric shades in the primary suite and main living areas add convenience. Energy-efficient upgrades throughout enhance comfort and performance. Enjoy a whole-home water filtration system delivering purified water to every tap and shower, along with a dedicated microbiological drinking water purification system in the kitchen. A tankless water heater provides endless hot water on demand. A rare opportunity to own a fully renovated luxury home in one of Grapevine's most desirable lake communities, offering the perfect combination of privacy, nature, outdoor living, and modern design.

Listed by Muska Buczek

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Engel&Volkers Dallas Southlake

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214-773-3010

Last updated July 25, 2026

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Source: NTREIS #21309291

Listing Facts

  • TypeSingle-family
  • NeighborhoodNortheast Tarrant
  • Bedrooms3
  • Bathrooms3
  • Days on Prevu39
  • Size2,564 sqft
  • Price per sqft$388

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Pets Allowed
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

07/25/2026
Price Decreased
$995,000
07/24/2026
Price Decreased
$1,025,000
06/23/2026
Listed by Engel&Volkers Dallas Southlake
$1,050,000

Property Details for 2856 Peninsula Drive

Association

Amenities

  • Community Features: Lake

Exterior

Construction

  • Roof: Composition
  • Window Features: Electric Shades, Window Coverings
  • Year Built: 1994
  • Year Built Details: Preowned
  • Architectural Style: Contemporary/Modern
  • Construction Materials: Cedar, Stucco
  • Exterior Features: Balcony, Rain Gutters, Lighting, Storage

Features

  • Fencing: Fenced, High Fence, Privacy
  • Patio And Porch Features: Deck, Front Porch, Side Porch

Measurements

  • Lot Features: Cul-De-Sac, Landscaped, Lrg. Backyard Grass, Many Trees, Sprinkler System
  • Lot Size Acres: 0.47
  • Lot Size Area: 0
  • Lot Size Square Feet: 20,473
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 06398081

Interior

Features

  • Appliances: Built-in Gas Range, Built-in Refrigerator, Dishwasher, Disposal, Gas Cooktop, Microwave, Convection Oven, Double Oven, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Warming Drawer, Water Filter, Water Purifier, Water Softener
  • Fireplace Features: Gas, Gas Starter, Wood Burning
  • Fireplaces Total: 1
  • Flooring: Luxury Vinyl Plank, Tile
  • Interior Features: Built-in Features, Chandelier, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available, Kitchen Island, Natural Woodwork, Open Floorplan, Smart Home System, Vaulted Ceiling(s), Walk-In Closet(s)

Measurements

  • Living Area: 2,564

Rooms

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 3

Other

General

  • Exclusions: Tesla Charger in the garage

Location

  • Subdivision Name: Labrador Bay Estate
  • Tax Lot: 7R

Parking

Parking

  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Additional Parking, Covered, Direct Access, Driveway, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Garage Faces Side, Garage Single Door, Lighted, Oversized, Storage

Schools

Elementary School

  • Elementary School: Johnson

Utilities

Equipment

  • Cooling: Ceiling Fan(s), Central Air, Electric, ENERGY STAR Qualified Equipment, Humidity Control, Zoned
  • Heating: Central, Electric, ENERGY STAR Qualified Equipment, ENERGY STAR/ACCA RSI Qualified Installation, Fireplace(s), Natural Gas, Zoned
  • Laundry Features: Utility Room, Dryer Hookup, Washer Hookup
  • Utilities: Asphalt, City Sewer, City Water, Individual Gas Meter, Individual Water Meter, Overhead Utilities

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 3 bedrooms and 3 bathrooms in this single-family home at 2856 Peninsula Drive .

What schools are nearby to 2856 Peninsula Drive ?

Nearby schools include the Johnson Elementary School.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 2856 Peninsula Drive .

How does 2856 Peninsula Drive compare to other single-family homes in Northeast Tarrant?

This single-family home is listed 7% above the average price for single-family homes in Northeast Tarrant and has been on the market for 33 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 2,564 sqft.

2856 Peninsula Drive is a 3-bedroom, 3-bath single-family home for sale in Grapevine Texas 76051. On Prevu for 39 days at $995,000. This includes a recent price decrease of $30,000. This residence features 2,564 square feet of living space, located in Northeast Tarrant. The median listing price for single-family homes in this area is $469,370. Nearby schools include Johnson Elementary School. Property amenities include private outdoor space, dishwasher, pets allowed, air conditioning, and parking. Browse more single-family home listings in Tarrant County.

Based on information from NTREIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.