2930 Peninsula Drive, Grapevine, TX 76051

• 5 beds |
• 5 baths |
• 4,177 sqft

Property Description

Private 1.2- Acre Wooded Retreat Near Grapevine Lake- Carroll ISD This Peninsula Drive property offers a rare opportunity for a lake-oriented lifestyle in Carroll ISD. From the backyard, a quiet path leads through Corps of Engineers land toward the water’s edge, creating a setting that feels removed from the city while remaining minutes from Southlake Town Square and DFW Airport. Surrounded by mature trees and elevated above Labrador Bay, the property provides a strong sense of privacy with no rear development. The environment feels natural, quiet, and enduring—distinct from traditional suburban neighborhoods. Inside, the home spans over 4,100 square feet with five bedrooms and multiple living areas. Large windows bring in natural light and connect the interior to the surrounding landscape, while the layout flows naturally toward outdoor living spaces. Outside, multiple decks, shaded gathering areas, and open spaces create a flexible environment for entertaining, relaxing, and everyday living. A separate powered structure offers additional space for a private office, studio, or creative use. At the base of the property lies Labrador Bay, where seasonal water levels can enhance the sense of proximity to the lake. The combination of elevation, privacy, and location offers a unique setting within Carroll ISD. Opportunities for this level of land, privacy, and proximity to Grapevine Lake are limited. More than a home, this property offers a distinct way to live.

Listing Status:

Active

Data Last Updated:

May 16, 2026 at 9:20PM

Listing Office:

Engel&Volkers Dallas Southlake : 817-416-2700

Listing Agent:

Brad Crouch :

MLS ID:

21254465

Interior

• General: Decorative/Designer Lighting FixturesHigh Speed InternetPaneling/WainscotingCable TV
• Appliances: Some Gas AppliancesDishwasherDisposalGas RangeGas Water HeaterMicrowavePlumbed For GasVented Exhaust Fan
• Laundry: Washer HookupElectric Dryer Hookup
• Flooring: CarpetCeramic TileWood
• A/C: Central AirCeiling Fan(s)ElectricZoned
• Heating: CentralNatural GasZoned
• Fireplace: DecorativeGas StarterWood BurningFireplaceFireplaces: 1
• Eco/Green Feature: Water-Smart LandscapingAppliancesInsulationThermostatWindowsVentilation

Exterior

• General: BalconyDeckLightingStorage
• Style: CraftsmanTraditionalDetached
• Pool: None
• Parking: Garage Faces FrontOversizedBoatRV Access/Parking

Construction

• Roofing: Composition
• General: BrickWood SidingThree Or MoreCombination

Location

• Road/Access: Asphalt
• Originating MLS: NTR
• School District: Carroll ISD
• County: Tarrant

Lot

• Zoning: PLACID-PENINSULA ADDITION BLOCK 3 LOT 11 & A02209810
• Fencing: Chain LinkPartial

Utilities

• Utilities: Sewer AvailableWater AvailableCable Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: NTR