About 2936 Peninsula Drive
A rare opportunity to build in a highly desirable wooded area, on a private, low traffic street with picturesque views of Labrador Bay and Lake Grapevine. This 0.63-acre property, one of the last lake view properties on the south side of Lake Grapevine in Southlake Carroll ISD, includes two parcels and is ideally situated adjacent to U.S. Army Corps of Engineers land, offering added privacy and a natural setting. The lot is already equipped with water and electricity, making it ready for your custom dream home plans. This unique property is located within one of the top school districts in DFW, the highly acclaimed Southlake Carroll ISD and is minutes from DFW airport making international travel accessible without being in the flight path. This property combines the peaceful surroundings of Lake Grapevine with convenient access to shopping, dining, travel and recreation. With no HOA restrictions or additional monthly fees, buyers and builders have the flexibility to design and construct an executive home that fits their exact vision. See private remarks for additional details regarding the two included parcels.
Status Change History
| Date | Details | Status |
|---|---|---|
| Jun 3, 2026 | Status Changed from Active Under Contract to Closed | Closed |
| May 3, 2026 | Status Changed from Active to Active Under Contract | Active Under Contract |
Price Change History
| Date | Details | Price |
|---|---|---|
| Apr 16, 2026 | Price Reduced from $980,000 to $725,000 | $725,000 |
| Mar 23, 2026 | Price Increased from $780,000 to $980,000 | $980,000 |
| Mar 23, 2026 | Price Reduced from $980,000 to $780,000 | $780,000 |
Features of 2936 Peninsula Drive
| MLS® # | 21198778 |
|---|---|
| Price | $725,000 |
| Acres | 0.63 |
| Type | Land |
| Sub-Type | Improved Land |
| Status | Closed |
Community Information
| Address | 2936 Peninsula Drive |
|---|---|
| Subdivision | Placid-Peninsula |
| City | Grapevine |
| County | Tarrant |
| State | Texas |
| Zip Code | 76051-2525 |
Amenities
| Utilities | City Sewer, City Water, Electricity Available |
|---|---|
| Is Waterfront | Yes |
| Waterfront | Lake Front – Corps of Engineers |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Interior Lot, Lrg. Backyard Grass, Many Trees, Oak, Sloped, Water/Lake View |
|---|
School Information
| District | Carroll ISD |
|---|---|
| Elementary | Johnson |
| Middle | Carroll |
| High | Carroll |
Additional Information
| Date Listed | March 6th, 2026 |
|---|---|
| Date Sold | June 3rd, 2026 |
| Days on Market | 193 |
| Zoning | Residential |
Listing Details
| Agent | Brad Crouch |
|---|---|
| Office | Engel&Volkers Dallas Southlake |
| Contact Info | 817-846-4789 |