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For sale
  • $2,850,000

    517 Pine Island Cir, Heath, TX 75032

    6beds
    7,120sqft
    : 
    $20,041/mo
    Get pre-qualified
    Single Family Residence
    Built in 2017
    1.52 Acres Lot
    $2,704,100 Zestimate®
    $400/sqft
    $58/mo HOA

    What's special

    Extraordinary waterfront homesiteDedicated officeRich wood flooringNatural lightSecure walk-in safe roomGame roomSurrounded by mature trees
    Positioned on an extraordinary waterfront homesite in Heath, 517 Pine Island Circle offers a rare opportunity to own a private estate where luxury, recreation, and everyday living come together in an unforgettable setting. Spanning approximately 1.5 acres, the property is surrounded by mature trees and showcases sweeping views of a private stocked lake, creating exceptional privacy while enjoying the convenience of a desirable lakeside community. With more than 7,100 square feet of combined living space, the estate includes a main residence, fully equipped guest house, and separate studio retreat. The home features rich wood flooring, multiple living and entertaining spaces, a dedicated office, game room, media room, and a luxurious primary suite with a spa-inspired bath, custom closet system, and secure walk-in safe room. The chef's kitchen features professional-grade appliances, custom cabinetry, generous storage, and multiple pantry spaces. Expansive windows frame water views and fill the home with natural light. Designed to embrace its setting, the property offers covered outdoor living areas overlooking the water. Two private fishing piers extend into the stocked lake, allowing you to enjoy fishing, wildlife, and waterfront living right outside your door. Beyond the living spaces, car collectors, boating enthusiasts, entrepreneurs, and hobbyists will appreciate the impressive workshop, detached studio or mancave with kitchenette and full bath, and extensive garage capacity rarely found in residential properties. The guest house also features a full kitchen, utility room, and additional garage spaces, creating a true estate compound. Located just minutes from Lake Ray Hubbard and within acclaimed Rockwall ISD, 517 Pine Island Circle represents a rare combination of waterfront beauty, privacy, versatility, and craftsmanship. Opportunities to acquire an estate of this caliber and uniqueness are few and far between.
    51 days
    |
    1,302
    |
    76
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Darius Jackson 0781864 618-791-4283,

    Engel & Volkers Frisco 817-312-7100

    Source: NTREIS,MLS#: 21284223

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 8
      • Full bathrooms: 7
      • 1/2 bathrooms: 1
      Primary bedroom
      • Features: Closet Cabinetry, Ceiling Fan(s), Dual Sinks, Double Vanity, En Suite Bathroom, Sitting Area in Primary, Walk-In Closet(s)
      • Level: First
      • Dimensions: 18 x 15
      Bedroom
      • Features: Ceiling Fan(s)
      • Level: First
      • Dimensions: 13 x 11
      Bedroom
      • Features: Ceiling Fan(s)
      • Level: Second
      • Dimensions: 13 x 14
      Bedroom
      • Features: Ceiling Fan(s)
      • Level: Second
      • Dimensions: 15 x 15
      Bedroom
      • Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
      • Level: First
      • Dimensions: 12 x 12
      Bonus room
      • Features: Ceiling Fan(s)
      • Level: Second
      • Dimensions: 11 x 8
      Breakfast room nook
      • Level: First
      • Dimensions: 11 x 14
      Den
      • Features: Built-in Features, Ceiling Fan(s)
      • Level: First
      • Dimensions: 14 x 14
      Dining room
      • Features: Butler's Pantry
      • Level: First
      • Dimensions: 13 x 12
      Exercise room
      • Features: Ceiling Fan(s)
      • Level: First
      • Dimensions: 12 x 16
      Game room
      • Features: Built-in Features, Ceiling Fan(s)
      • Level: Second
      • Dimensions: 16 x 22
      Other
      • Features: Ceiling Fan(s), Granite Counters, Walk-In Closet(s)
      • Level: First
      • Dimensions: 11 x 13
      Kitchen
      • Features: Built-in Features, Butler's Pantry, Kitchen Island, Pantry, Pot Filler, Stone Counters, Walk-In Pantry
      • Level: First
      • Dimensions: 20 x 14
      Kitchen
      • Features: Built-in Features, Galley Kitchen, Granite Counters
      • Level: First
      • Dimensions: 12 x 8
      Laundry
      • Features: Built-in Features, Closet, Granite Counters, Linen Closet, Utility Sink
      • Level: First
      • Dimensions: 15 x 8
      Living room
      • Features: Built-in Features, Ceiling Fan(s), Fireplace
      • Level: First
      • Dimensions: 20 x 23
      Living room
      • Features: Built-in Features, Ceiling Fan(s)
      • Level: First
      • Dimensions: 32 x 19
      Living room
      • Features: Ceiling Fan(s)
      • Level: First
      • Dimensions: 14 x 13
      Media room
      • Features: Ceiling Fan(s)
      • Level: Second
      • Dimensions: 18 x 14
      Office
      • Features: Built-in Features, Ceiling Fan(s)
      • Level: First
      • Dimensions: 13 x 13
      Heating
      • Central, Fireplace(s), Natural Gas, Zoned
      Cooling
      • Central Air, Electric, Zoned
      Appliances
      • Included: Built-In Gas Range, Built-In Refrigerator, Convection Oven, Double Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Water Heater, Ice Maker, Microwave, Vented Exhaust Fan, Wine Cooler
      • Laundry: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room, In Hall
      Features
      • Wet Bar, Built-in Features, Chandelier, Decorative/Designer Lighting Fixtures, Double Vanity, Granite Counters, High Speed Internet, In-Law Floorplan, Kitchen Island, Multiple Master Suites, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s), Wired for Sound
      • Flooring: Ceramic Tile, Hardwood, Luxury Vinyl Plank, Tile
      • Has basement: No
      • Number of fireplaces: 2
      • Fireplace features: Gas Log, Gas Starter, Living Room, Outside
      Interior area
      • Total interior livable area: 7,120 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 9
      • Parking features: Additional Parking, Boat, Circular Driveway, Covered, Drive Through, Driveway, Electric Gate, Garage, Golf Cart Garage, Garage Door Opener, Guest, Gated, Inside Entrance, Lighted, Oversized, Storage
      • Attached garage spaces: 9
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Rear Porch, Front Porch, Covered
      • Exterior features: Built-in Barbecue, Barbecue, Dock, Gas Grill, Outdoor Grill, Outdoor Kitchen, Outdoor Living Area, Playground, Rain Gutters
      • Pool features: None
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Waterfront features: Boat Dock/Slip, Lake Front, Waterfront
      Lot
      • Size: 1.52 Acres
      • Features: Cul-De-Sac, Backs to Greenbelt/Park, Landscaped, Subdivision, Sprinkler System, Waterfront
      Details
      • Parcel number: 000000047612
      • Other equipment: Home Theater, Irrigation Equipment

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional,Detached
      • Property subtype: Single Family Residence
      Materials
      • Brick, Rock, Stone
      • Foundation: Pillar/Post/Pier, Slab
      • Roof: Composition
      Condition
      • Year built: 2017

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Available, Sewer Available, Underground Utilities, Water Available, Cable Available
      Green energy
      • Energy efficient items: Insulation, Thermostat, Water Heater

      Community & HOA

      Community
      • Features: Trails/Paths, Curbs
      • Security: Security System Owned, Security System, Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s), Security Lights, Wireless
      • Subdivision: Willow Spgs #1
      HOA
      • Has HOA: Yes
      • Services included: Association Management, Maintenance Grounds
      • HOA fee: $700 annually
      • HOA name: Heath Willow Springs Hoa
      • HOA phone: 972-533-0189
      Location
      • Region: Heath

      Financial & listing details

      • Price per square foot: $400/sqft
      • Tax assessed value: $2,493,489
      • Annual tax amount: $35,699
      • Date on market: 6/4/2026
      • Cumulative days on market: 51 days
      • Listing terms: Cash,Conventional,VA Loan
      • Exclusions: 2 light fixtures above kitchen island & movie projector in media room.
      • Road surface type: Asphalt

        Estimated market value

        $2,704,100

        $2.57M - $2.84M

        $5,265/mo

        Price history

        DateEventPrice
        6/17/2026Listed for rent$22,000$3/sqft
        Source: Engel & Volkers Report a problem
        6/4/2026Listed for sale$2,850,000+5.9%$400/sqft
        Source: NTREIS #21284223 Report a problem
        12/24/2025Sold--
        Source: NTREIS #20709885 Report a problem
        10/25/2025Pending sale$2,690,000$378/sqft
        Source: NTREIS #20709885 Report a problem
        9/14/2025Price change$2,690,000-2%$378/sqft
        Source: NTREIS #20709885 Report a problem
        7/2/2025Price change$2,745,000-1.1%$386/sqft
        Source: NTREIS #20709885 Report a problem
        5/30/2025Price change$2,775,000-2.6%$390/sqft
        Source: NTREIS #20709885 Report a problem
        2/10/2025Price change$2,850,000-5%$400/sqft
        Source: NTREIS #20709885 Report a problem
        8/23/2024Listed for sale$2,999,000$421/sqft
        Source: NTREIS #20709885 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,213 -6.8%$2,240,234 +10%
        2024$14,173 -0.3%$2,036,576 +10%
        2023$14,213 -30.8%$1,851,433 +10%
        2022$20,537 $1,683,121 +10%
        2021$20,537 $1,530,110 +9.8%
        2020$20,537 $1,393,813 -11.7%
        2019-- $1,578,450 +20.8%
        2018$20,537 +589.3%$1,306,890 +868.1%
        2017$2,980 +14.5%$135,000
        2016$2,602 $135,000 +17.4%
        2015$2,602 $115,000
        2014$2,602 $115,000
        2013-- $115,000
        2012-- $115,000
        2011-- $115,000
        2010-- $115,000
        2009-- $115,000
        2008-- $115,000
        2007-- $115,000
        2006-- $115,000
        2005-- $115,000 +12.7%
        2004-- $102,000
        2003-- $102,000
        2002-- $102,000
        2001-- $102,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 75032

        Getting around

        5 / 100
        Car-Dependent
        17 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Amy Parks-Heath
        • Middle: Cain
        • High: Rockwall-Heath
        • District: Rockwall ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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