5439 Fm 1148, Possum Kingdom Lake, Texas

$1,599,000

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3

Beds

2.2

Baths

2,458

Square feet

0.46

Acres

About 5439 Fm 1148

OWNER HAS MOVED SOUTH & NOW OFFERING this PERFECT, 2023 BUILD, FURNISHED, PK LAKE RETREAT PROPERTY, with HEATED POOL & SPA, & DEEP WATER, DOUBLE LEVEL DOCK on the Westside of PK Lake, with OWNER FINANCING AVAILABLE. Custom Designed for Lake Relaxation and Water Fun, in the Gunite Lakeside Pool & Spa with Custom Bar Seating in the water, next to the Outdoor Kitchen and Living Center, and All with Breathtaking Panoramic Views of PK Lake. The 2458 sqft Lakehouse features a Light and Bright Main House with Open Floor Plan, Custom Warm Woods throughout, & Knotty Pine Cabinets, Leather Granite Countertops, Superior Stainless Appliances & Cafe Ovens, Large Eat In Kitchen Island Bar, Sonos Sound System, and Floor to Ceiling Windows to Highlight the Views. The Primary Bedroom Suite on the 2nd Floor features the same Gorgeous Lake Views from both the Bedroom and the Trex Balcony Deck, a Custom Tiled Bathroom, with Stone Sink Vanities and a Large Walk In Closet. Connected to the Main House are 2 more Bedrooms and a Dual Sink Bath & Shower all designed to Max out the Amazing Views and have Easy Access to the Covered Patio, Pool and Dock. The House also has a Generac 26KW Generator. Then on the Double Level Boat Dock there is a Single Boat Slip with Hydro Hoist Boat Lift and Electric Boat Cover & 2 Jet Ski EZ Ports. This is the Lake House of your Dreams designed to Relax and Recharge, and Enjoy the Spectacular Sunrises and Sunsets from the Lakehouse, Patio, Pool and the Dock. Its an easy Drive or Boat ride to 2 Westside Restaurants on the water, and a Beautiful Boat Ride to Restaurants on the Peninsula at PK across the bay, and a Stunning Boat Ride to the Famous Hell's Gate as well. Its also a short 20min drive to the Small Charming Town of Graham for Dining, Shopping, Supplies and Amenities. This could be your Piece of Paradise at PK, and would also make for an Excellent VRBO Rental with NO Hoa and No Restrictions.

Status Change History

Jun 5, 2026 Status Changed from Pending to Closed Closed
May 19, 2026 Status Changed from Active to Pending Pending

Price Change History

May 17, 2026 Price Reduced from $1,699,000 to $1,599,000 $1,599,000
Apr 24, 2026 Price Reduced from $1,749,000 to $1,699,000 $1,699,000
Mar 12, 2026 Price Reduced from $1,799,000 to $1,749,000 $1,749,000
Feb 3, 2026 Price Reduced from $1,850,000 to $1,799,000 $1,799,000

Features of 5439 Fm 1148

MLS® # 21142910
Price $1,599,000
Bedrooms 3
Bathrooms 2.20
Full Baths 2
Half Baths 2
Square Footage 2,458
Acres 0.46
Year Built 2023
Type Residential
Sub-Type Single Family Residence
Style Traditional
Status Closed

Community Information

Address 5439 Fm 1148
Subdivision Westside
City Possum Kingdom Lake
County Palo Pinto
State Texas
Zip Code 76450-5710

Amenities

Utilities Aerobic Septic
Features Lake
Garages Attached Carport, Gated, Kitchen Level
Is Waterfront Yes
Waterfront Dock – Covered, Lake Front, Personal Watercraft Lift, Retaining Wall – Concrete
Has Pool Yes
Pool Gunite, Heated, Pool/Spa Combo

Interior

Interior Features Built-in Features, Decorative Lighting, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Natural Woodwork, Open Floorplan, Pantry, Smart Home System, Walk-In Closet(s)
Appliances Generator
Heating Central, Electric, Fireplace(s), Pellet Stove, Radiant Heat Floors
Fireplace Yes
# of Fireplaces 2
Fireplaces Bedroom, Decorative, Electric, Family Room, Freestanding, Living Room, Pellet Stove

Exterior

Exterior Features Boat Slip, Covered Patio/Porch, Dock, Gas Grill, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Living Center, Private Yard
Lot Description Park View, Water/Lake View, Waterfront
Roof Metal
Construction Brick, Rock/Stone, Wood
Foundation Slab

School Information

District Graford ISD
Elementary Graford
Middle Graford
High Graford

Additional Information

Date Listed January 7th, 2026
Date Sold June 5th, 2026
Days on Market 251

Listing Details

AgentMaggie Burgess
OfficeCentury 21 Mike Bowman, Inc.
Contact Info817-354-7653

Listing Map

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