About 1002 Cedar Drive
Tucked into a quiet, protected cove at the approach to Hell’s Gate, this nearly one-acre Gaines Bend property offers expansive water views, calm no-wake water, and one of the most recognizable locations on Possum Kingdom Lake. The 3-bedroom, 3-bath home is positioned to capture sweeping sunset views while enjoying the privacy of a protected cove just outside the activity of Hell’s Gate. From its elevated setting, you can watch fireworks light up the sky overhead — close enough to enjoy the show, yet removed from the congestion and heavy boat traffic. Designed for gathering and easy lake living, the home opens to layered composite decks that create multiple outdoor living zones. A covered patio with fireplace, grilling station, and open-air lounge areas overlook the water, while a lakeside tiki retreat provides a tucked-away perch near the shoreline. Inside, the layout is comfortable and functional, offering flexibility for weekend guests or full-time lake living. A stone retaining wall and stairway lead to a private dock with boat lift in approximately 12 feet of water at full pool. The nearly one-acre setting provides uncommon elbow room in Gaines Bend — space for lake toys, gatherings, and future personalization. Whether envisioned as a weekend escape or full-time lake residence, this property offers the rare balance of protected water, iconic proximity, and room to make it your own.
Status Change History
| Date | Details | Status |
|---|---|---|
| Aug 30, 2026 | Status Changed from Pending to Closed | Closed |
| Aug 2, 2026 | Status Changed from Active Under Contract to Pending | Pending |
| Jul 27, 2026 | Status Changed from Active to Active Under Contract | Active Under Contract |
Price Change History
| Date | Details | Price |
|---|---|---|
| May 8, 2026 | Price Reduced from $1,495,000 to $1,425,000 | $1,425,000 |
Features of 1002 Cedar Drive
| MLS® # | 21193524 |
|---|---|
| Price | $1,425,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 2,199 |
| Acres | 0.92 |
| Year Built | 2012 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Ranch |
| Status | Closed |
Community Information
| Address | 1002 Cedar Drive |
|---|---|
| Subdivision | Gaines Bend |
| City | Possum Kingdom Lake |
| County | Palo Pinto |
| State | Texas |
| Zip Code | 76449 |
Amenities
| Utilities | Asphalt, Co-op Electric, Co-op Water, Community Mailbox, Individual Water Meter, Outside City Limits, Overhead Utilities, Private Road, Private Sewer, Unincorporated |
|---|---|
| Features | Boat Ramp, Gated |
| Garages | Additional Parking, Boat, Concrete, Driveway, No Garage |
| Is Waterfront | Yes |
| Waterfront | Dock – Covered, Lake Front |
| Has Pool | No |
Interior
| Interior Features | Cathedral Ceiling(s), Double Vanity, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s) |
|---|---|
| Heating | Central, Electric, Fireplace(s) |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Wood Burning |
Exterior
| Exterior Features | Boat Slip, Dock, Outdoor Grill, RV/Boat Parking |
|---|---|
| Lot Description | Irregular Lot, Sloped, Subdivision, Water/Lake View, Waterfront |
| Roof | Shingle |
| Construction | Siding |
| Foundation | Slab |
School Information
| District | Palo Pinto ISD |
|---|---|
| Elementary | Palo Pinto |
| Middle | Palo Pinto |
| High | Mineral Wells |
Additional Information
| Date Listed | February 26th, 2026 |
|---|---|
| Date Sold | August 26th, 2026 |
| Days on Market | 201 |
Listing Details
| Agent | Jackie Fewell |
|---|---|
| Office | The Brokerage Residential LLC |
| Contact Info | 972-379-7486 |