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2856 Peninsula Drive
GRAPEVINE, TX 76051 · Labrador Bay Estate
$995,000
ActiveMLS# 21309291
3Beds
2.5Baths
2,564Sq Ft
$388/ Sq Ft
1994Year Built
2Garage
2Stories
0.47Acres
One-of-a-kind custom home in the prestigious Grapevine Lake community within award-winning Carroll ISD. Situated on nearly half an acre, this exceptional property offers a rare blend of luxury, privacy, and nature just minutes from Southlake Town Square, DFW Airport, and Historic Grapevine. Surrounded by mature trees and lush landscaping, the expansive front and backyard showcase beautiful Emerald Zoysia grass, creating a manicured, resort-like setting year-round. With no hom…
Room Details
| Room | Level | Size |
|---|---|---|
| Living Room | Main | 22 x 16 |
| Family Room | Main | 27 x 18 |
| Primary Bedroom | Upper | 17 x 14 |
Property Details
| Type | Single Family Residence |
| County | Tarrant |
| Lot | 0.470 ac (20,473.2 sqft) |
| Annual Tax | $10,449 |
| Days on Market | 34 |
Schools
| District | Carroll ISD |
| Elementary | Johnson |
| Middle | Carroll |
| High School | Carroll |
Est. Monthly Payment (20% down, 30yr)
| P&I (6.875%) | $5,229 |
| Est. Tax | $871 |
| Est. Total | $6,100/mo |
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(469) 854-1352
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● ActiveSingle Family ResidencePrice Change · Jul 25
$995,000
2856 Peninsula Drive
GRAPEVINE, TX 76051 · Labrador Bay Estate
3bd
2.5ba
2,564sqft
Built 1994
2garage
0.47acres
2stories
34 days on market$388/sqftMLS# 21309291
About This Property
One-of-a-kind custom home in the prestigious Grapevine Lake community within award-winning Carroll ISD. Situated on nearly half an acre, this exceptional property offers a rare blend of luxury, privacy, and nature just minutes from Southlake Town Square, DFW Airport, and Historic Grapevine. Surrounded by mature trees and lush landscaping, the expansive front and backyard showcase beautiful Emerald Zoysia grass, creating a manicured, resort-like setting year-round. With no homes directly behind the property, you'll enjoy exceptional privacy and peaceful views of nature. Designed for entertaining, the outdoor living space features an impressive two-level Trex deck overlooking the oversized backyard, perfect for hosting parties, family gatherings, or relaxing evenings outdoors. The home has been extensively renovated inside and out with premium finishes throughout, including a new Level 4 hail-resistant roof installed in 2023. The garage features epoxy flooring and is wired for EV charging, while two custom cedar-built sheds provide additional storage. Inside, white oak accent walls, custom cabinetry and doors, and designer LED lighting create a warm yet sophisticated atmosphere. Andersen windows and sliding glass doors flood the home with natural light while seamlessly connecting indoor and outdoor living spaces. The gourmet kitchen is equipped with brand-new Thermador appliances, while electric shades in the primary suite and main living areas add convenience. Energy-efficient upgrades throughout enhance comfort and performance. Enjoy a whole-home water filtration system delivering purified water to every tap and shower, along with a dedicated microbiological drinking water purification system in the kitchen. A tankless water heater provides endless hot water on demand. A rare opportunity to own a fully renovated luxury home in one of Grapevine's most desirable lake communities, offering the perfect combination of privacy, nature, outdoor living, and modern design.
Property Details
Property Type
Residential
Sub Type
Single Family Residence
Status
Active
Bedrooms
3
Full Baths
2
Half Baths
1
Living Area
2,564 sqft
Lot Size
20,473.2 sqft
Lot (acres)
0.470
Garage
2 spaces
Stories
2
Year Built
1994
Community
Labrador Bay EstateTax & Appraisal
Rooms
| Room | Level | Size |
|---|---|---|
| Living Room | Main | 22 x 16 |
| Family RoomFireplace | Main | 27 x 18 |
| Primary BedroomCeiling Fans, Dual Sinks, Separate Shower, Walk In Closets | Upper | 17 x 14 |
Interior Features
BuiltInFeaturesChandelierDecorativeDesignerLightingFixturesEatInKitchenHighSpeedInternetKitchenIslandOpenFloorplanSmartHomeVaultedCeilingsNaturalWoodworkWalkInClosets
School Information
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Financial
Annual Tax
$10,449
Listing Information
Mortgage Calculator
Total Principal
$796,000
Total Interest
$1,086,495
Total Loan Payment
$1,882,495
Payoff Date
July 2056
$
$
%
%
Est. Payment
$6,515
/month
Principal & Interest$5,229
Property Tax
$
HOA Fees
$
Home Insurance
$
Total$6,515/mo
Estimated only. Does not guarantee loan approval. Contact a licensed lender for accurate rates and terms. Rates change daily.
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https://realtorkonda.com/property/grapevine-tx/labrador-bay-estate/2856-peninsula-drive-76051
Contact: (469) 854-1352 · realtorkonda@gmail.com
Listed by Muska Buczek · Engel&Volkers Dallas Southlake · 817-416-2700
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. © 2026 NTREIS. All rights reserved. Last updated Jul 25, 2026.
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Listing Agent
Muska Buczek
Engel&Volkers Dallas Southlake
