2181 Trail Ridge Rd 2 new Save Request In-Person Tour Request Virtual Tour
Possum Kingdom Lake,TX 76449
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,579 sqft
Price per Sqft $756
Subdivision Peninsula
MLS Listing ID 20872545
Bedrooms 5
Full Baths 3
Annual Tax Amount $10,430
Lot Size 0.294 Acres
Property Sub-Type Single Family Residence
Property Description
EXCEPTIONAL LAKEFRONT property boasts a SPACIOUS 0.294-acre lot with over 100 feet of shoreline, presenting an ideal location for a luxurious lake lifestyle. Positioned on the Peninsula in the MOST POPULAR AREA OF POSSUM KINGDOM LAKE, the site offers close proximity to marinas, restaurants, fuel stations, and boat ramps, ensuring a harmonious blend of seclusion and convenience. This is a rare opportunity to acquire a piece of waterfront paradise in one of the most desirable areas. The BOAT DOCK IS SITUATED ON DEEP WATER, facilitating easy access to boating, fishing, and other recreational activities. A grandfathered lakeside deck offers unique possibilities for future enhancements. Additionally, this property has significant POTENTIAL TO GENERATE VACATION RENTAL INCOME. The existing two-level home can be utilized immediately and also offers scope for future renovation. Alternatively, the home could be replaced to accommodate a brand-new lake house on land valued at $900K plus site improvements. Experience breathtaking sunrises and sunsets over expansive lake views, surrounded by mature oak trees that impart a mountainous ambiance while remaining within Texas.
Location
State TX
County Palo Pinto
Community Boat Ramp,Fishing,Lake
Rooms
Dining Room 1
Interior
Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric
Flooring Laminate,Tile
Fireplaces Number 1
Fireplaces Type Wood Burning
Laundry In Hall
Exterior
Exterior Feature Boat Slip,Covered Deck,Dock
Community Features Boat Ramp,Fishing,Lake
Utilities Available Asphalt,Co-op Electric,Co-op Water,Septic
Waterfront Description Dock – Covered,Lake Front,Lake Front – Main Body
Roof Type Metal
Building
Lot Description Oak,Rugged,Sloped,Water/Lake View,Waterfront
Story Two
Foundation Pillar/Post/Pier
Structure Type Siding,Wood
Schools
Elementary Schools Graford
Middle Schools Graford
High Schools Graford
School District Graford Isd
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition Aerial Photo
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20872545