22766 Diamond Bay Dr, Frankston, TX 75763

SINGLE-LEVEL 3/2/2 with BOATHOUSE and ATTACHED garage!!! OPEN HOUSE - SAT 3/28, 1-3pm; Come see me! ENJOY a refreshing lemonade on the HUGE deck. Let's make this one YOURS TODAY Welcome to 22766 Diamond Bay, a single-level lakefront home with wide-open water views, a deep greenscape backyard, and a solid, well-built boathouse—an easy, turn-key retreat less than two hours from Dallas. Located inside a quiet gated community with a convenient approach off Hwy 155, this property offers the rare combination of level living, panoramic shoreline views, and a looping driveway with plenty of parking for friends and family to enjoy full lake days. Wall-to-wall windows along the living, dining, and kitchen areas frame Lake Palestine and fill the home with natural light. The stone fireplace adds warmth to the open layout, creating a comfortable setting for weekend gatherings or everyday living. The spacious primary suite features an oversized shower and dual walk-in closets, while two additional bedrooms and a large bonus room provide flexible space for guests, work, or play. Step outside to an expansive deck overlooking a deep, grassy backyard—ideal for kids, pets, or relaxed afternoons by the water. The boathouse sits on a generous stretch of shoreline and is designed for easy lake access, from morning fishing to sunset cruises. The lot’s depth and gentle slope make the entire property unusually usable compared to many lakefront parcels. With Brownsboro ISD schools, low HOA dues, and a peaceful, established setting, this home works beautifully as a weekend lakehouse or a full-time residence. And when you’re not on the water, you’re just minutes from two of East Texas’ favorite Cajun spots—Catch Me If You Can (8 minutes) and Wade’s Place (18 minutes). Approachable, comfortable, and ready to enjoy, this is lake living made easy on one of the most scenic stretches of Lake Palestine.