Five bedroomsElevated above labrador bayShaded gathering areasMultiple decksSurrounded by mature trees
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.
59 days
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1,505
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53
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Zillow last checked:
Listing updated:
Listed by:
Brad Crouch0719602817-846-4789,
Engel&Volkers Dallas Southlake817-416-2700
Source: NTREIS,MLS#: 21254465
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1
Primary bedroom
Features: Dual Sinks, Double Vanity, Linen Closet, Sitting Area in Primary, Separate Shower, Walk-In Closet(s)
Level: Third
Dimensions: 21 x 18
Bedroom
Level: Third
Dimensions: 11 x 12
Bedroom
Level: First
Dimensions: 12 x 13
Bedroom
Level: First
Dimensions: 14 x 13
Bedroom
Level: First
Dimensions: 11 x 10
Den
Level: Third
Dimensions: 12 x 8
Dining room
Level: Second
Dimensions: 18 x 18
Game room
Level: First
Dimensions: 15 x 16
Kitchen
Features: Breakfast Bar, Built-in Features, Butler's Pantry, Eat-in Kitchen, Kitchen Island, Pantry, Walk-In Pantry
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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