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$2,350,000
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Property Description
Set beneath a canopy of mature trees on the quieter West Side of Possum Kingdom Lake, this extensively remodeled 6-bedroom lake house combines deep water, incredible west-facing sunset views & 2.263± acres of privacy. With approximately 28' of water at the end of the dock at full pool, the property offers an exceptional waterfront setup with the space & infrastructure to entertain on an entirely different scale. Inside, 3,825 SF offers 3 bedrooms downstairs, 3 bedrooms upstairs & 2 distinct living areas, providing plenty of room for family & guests. A standout den features soaring whitewashed vaulted wood ceilings, exposed beams & a stone fireplace, while newer windows fill the home with natural light. The kitchen is finished with Taj Mahal quartzite countertops, complemented by updated flooring used throughout much of the home. Outside, a 700± SF covered back patio overlooks the water & provides a front-row seat to spectacular PK sunsets. Expansive concrete flatwork creates tremendous space for outdoor entertaining, parking & lake-day gatherings beneath the trees. At the shoreline, a 45x32' two-story aluminum dock sits in approximately 28' of water at full pool & features 2 boat lifts plus 2 jet ski lifts, all with new lifts installed in 2024. Gated & fully fenced with a detached 2-car garage, additional carport & covered RV parking. Major improvements include a new roof & windows in 2023, 2 new geothermal HVAC systems in 2024 & a Kohler backup generator installed in 2022. Approximately 15 minutes from Graham, this deep-water PK retreat delivers privacy, shade, room for a crowd & an exceptional setup for life on the lake. STR permitted.
Full Property Details
Full Property Details for 4877 Pike Rd
General
- Price: $2,350,000
- Taxes: $23,302
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21400958
- Updated: 10/7/2026
- Added to Site: 7 day(s) ago
Interior
- Interior Features: Built-in Features, Chandelier, Granite Counters, Kitchen Island
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Living Room, Primary Bedroom
- Appliances: Dryer, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
Additional Information
- Security/Safety: Security Gate, Smoke Detector(s)
- Equipment: Generator
Exterior
- Porch/Patio/Deck: Rear Porch, Covered, Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Carport Spaces: 1
- Covered Spaces: 2
- Parking Features: Attached Carport, Additional Parking, Detached Carport, Garage, Parking Pad
Location
- County: Palo Pinto
- Subdivision: Pk Lake
- Driving Directions: Take CR 1287 south approximately 13 miles. Turn left on FM 1148. Continue about 3.1 miles, then turn right onto Green Acres Rd. Follow Green Acres Rd appx 1.5 miles to the property, located at the corner of Green Acres Rd and Pike Rd.
School Information
- Elem School District: Graford ISD
- Midd School District: Graford ISD
- High School District: Graford ISD
- Elementary School: Graford
- Middle School: Graford
- High School: Graford
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Geothermal
- Heating Type: Central, Geothermal
Utilities
- Sewer: Aerobic Septic, Septic Tank
- Utility Description: Septic Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Rock, Stone
- Roof: Composition, Shingle
- Stories/Levels: 2
- Living Area: 3,825 Sq. Ft.
- Year Built: 1998
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 2.263
- Lot Size (Sq. Ft.): 98,576.28
- Lot Size Source: Assessor
- Lot Features: Acreage, Retaining Wall
- Fencing (Description): Wood
Water Features
- Water Front: Yes
- Water Front Name: Possum Kingdom
- Water Front Desc.: Boat Dock/Slip, Boat Ramp/Lift Access, Lake Front
- Lake Front: Yes
Green Features
- Energy Efficient: HVAC
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $23,302
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: ACRES: 1.442 PK LAKE 23-2-48 AREA 6-L LOT 40
- Property ID: 23212
- Lot Number: 40
Listed by The Ashton Agency, Ashton Theiss
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Schools
Schools serving 4877 Pike Rd
School District:Graford Independent School District
| Name | Grades | Distance |
|---|---|---|
Graford High School 400 West Division Street, Graford, TX 76449 | PK-12 | 17.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4877 Pike Rd
Date
Details
Price
Change
Source
10/02/2026
Listed
$2,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4877 Pike Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$23,302
9%
$1,688,460
2%
2023
$21,462
—
$1,656,850
14%
2023
$21,462
-4%
$1,454,240
—
2022
$22,354
39%
$1,450,540
46%
2021
$16,103
—
$990,340
—
2020
$16,174
2%
$990,340
10%
2019
$15,822
8%
$900,750
14%
2018
$14,687
2%
$790,280
—
2017
$14,453
4%
$790,280
3%
2016
$13,868
—
$770,160
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4877 Pike Rd
4877 Pike Road, Graham, TX 76450 (MLS# 21400958) is a Single Family property with 6 bedrooms, 3 full bathrooms and 1 partial bathroom. 4877 Pike Road is currently listed for $2,350,000 and was received on October 02, 2026. Want to learn more about 4877 Pike Road? Do you have questions about finding other Single Family real estate for sale in Graham? You can browse all Graham real estate or contact a Coldwell Banker agent to request more information.
