2936 Peninsula Drive, Grapevine, TX 76051

Property Description

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 Status:

Active

Data Last Updated:

April 3, 2026 at 1:21AM

Listing Office:

Engel&Volkers Dallas Southlake : 817-416-2700

Listing Agent:

Brad Crouch :

MLS ID:

21198778

Exterior

• General: Shed(s)
• Other Structures: Shed(s)

Location

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

Lot

• Zoning: CHANCELLORG B SURVEY ABSTRACT 390 TRACT 1E105305233
• View: WaterView
• Current Use: Vacant

Utilities

• Utilities: Electricity AvailableSewer AvailableWater Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: NTR