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$1,500,000
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Property Description
This stunning home is located inside the gated Peninsula at Lake Buchanan, 247 Peninsula Dr is a true architectural lakefront masterpiece designed with intention, durability, and year-round livability. Built using insulated concrete forms (ICF) and steel-beam roof support, this 4-bedroom, 3.5-bath home offers exceptional structural strength, energy efficiency, and quiet comfort. Resting on a 0.98-acre waterfront lot-blasted into solid granite to eliminate steps-this property provides effortless, grade-level access from the home to the lakeshore, a rarity on Lake Buchanan. Walls of glass capture unobstructed lake views from almost every room, and the living room's retractable glass wall opens completely to a massive 1,600 sq. ft. cantilevered patio, creating a seamless indoor/outdoor living experience. Enjoy an outdoor kitchen with custom granite surfaces, sink, mini-fridge, and gas cooktop, plus a swimming pool and dual gas fireplaces for year-round enjoyment. The primary suite occupies its own private wing, offering panoramic lake views, direct patio access, an oversized soaking tub framed by a picture window, a large walk-in shower, custom cabinetry, and a boutique-style closet with dual built-in dressers and dedicated shoe storage. Inside, custom granite surfaces extend through the kitchen, bathrooms, laundry room, and outdoor kitchen. A large office with its own exterior entrance provides professional flexibility, while a hidden pocket office concealed behind a 250-gallon aquarium delivers a one-of-a-kind workspace. A huge three-bay garage accommodates vehicles, lake toys, and storage, while the property includes a deeded boat slip in the owners-only marina. Annual POA dues of just $2,500 cover marina upkeep, private water system, road maintenance, and common-area care. THIS is lake living-elevated, intentional, and unforgettable.
Full Property Details
Full Property Details for 247 Peninsula Dr
General
- Price: $1,500,000
- HOA FEE: $200/month
- HOA FEE FREQ.: Annually
- Taxes: $12,316 (2025)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 8869497
- Updated: 1/2/2026
- Added to Site: 39 day(s) ago
Interior
- Interior Features: Beamed Ceilings, Open Beams/Beamed Ceailings, Ceiling Fan(s), High Ceilings, Kitchen Island, Open Floorplan, Stone Counters, Vaulted Ceiling(s), Instant Hot Water
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Gas, Glass Doors, Living Room, Masonry, Outside, Propane, See Through, Stone
- Appliances: Built-In Electric Oven, Bar Fridge, Double Oven, Dryer, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Exhaust Fan, Gas Cooktop, Disposal, Gas Water Heater, Ice Maker, Microwave, Water Purifier Owned, PlumbedForIce Maker, Refrigerator, Range Hood, Water Softener Owned, Stainless Steel Appliance(s), Tankless Water Heater, VentedExhaust Fan
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main: 4
Other Rooms
- Laundry: Main Level, Laundry Room
Additional Information
- Shared Amenities: Common Grounds/Area, Community Mailbox, Fishing, Gated, Lake
- Pool: Yes
- Private Pool: Yes
- Pool Description: In Ground, Outdoor Pool
- Security/Safety: Closed Circuit Camera(s), Carbon Monoxide Detector(s), Key Card Entry, Smoke Detector(s), Security Lights
Exterior
- Exterior Features: Boat Slip, Boat Ramp, No Exterior Steps, Private Entrance, Rain Gutters, See Remarks
- Porch/Patio/Deck: Covered, Front Porch, Patio, See Remarks
Parking
- Garage: Yes
- Garage Spaces: 4
- Covered Spaces: 4
- Total Spaces: 6
- Parking Features: Attached, Garage
Location
- Area: BU
- County: Burnet
- Subdivision: Peninsula On Lake Buchanan
- Driving Directions: From Burnet head West on HWY 29 towards Llano. Turn Right on RM 2341. Continue for 4.6 miles. Turn left onto Little Midland-Dorbandt Rd. Continue onto FM 690. Turn Right onto Peninsula Dr. Enter Gate code at terminal. Driveway will be on the Right 0.6 miles past gate. Look for Granite rock with 247 on it. No sign in yard. Continue on driveway down hill to home. Home not visible from Peninsula Rd.
- Direction Faces: South
School Information
- Elem School District: BurnetCONSISD
- Midd School District: BurnetCONSISD
- High School District: BurnetCONSISD
- Elementary School: Shady Grove
- Middle School: Burnet (Burnet ISD)
- High School: Burnet
Community
- Gated community: Yes
- Association: Yes
- Assoc. Name: Peninsula On Lake Buchanan
- Assoc. Fees Include: Common Area Maintenance, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Fireplace(s), Propane
Utilities
- Sewer: Aerobic Septic, Engineered Septic
- Water: Private
- Utility Description: Electricity Connected, Propane, Other, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: ICFs (Insulated Concrete Forms), Stone, Spray Foam Insulation, Stucco
- Roof: Metal
- Windows: ENERGY STAR Qualified Windows, Low-Emissivity Windows
- Stories/Levels: 1
- Square Feet: 2,999
- Sq. Ft. Source: Builder
- Living Area: 2,999 Sq. Ft.
- Year Built: 2022
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: Hills, Lake, Water
- Lot Size (Acres): 0.98
- Lot Size (Sq. Ft.): 42,688.8
- Lot Features: Sloped Down, Native Plants, Rock Outcropping, Trees Medium Size, Views
- Fencing (Description): None
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Lake Buchanan
- Water Front Desc.: Lake Front, Boat Ramp/Lift Access
- Lake Front: Yes
Green Features
- Energy Efficient: Construction, Doors, Materials, Windows, Appliances, Water Heater
Financial Considerations
- Association Fee: $2,400
- Assoc Fee Freq.: Annually
- Assessment Amount: $925,000
- Tax Amount: $12,316.38
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Building Plans, Survey
- Legal Description: S7081 PENINSULA ON LAKE BUCHANAN LOT 24
- Disclosures/Reports: Owner Is Listing Agent
- Property ID: 82136
- Lot Number: 24
Listed by New Hope Realty Group
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Schools
Schools serving 247 Peninsula Dr
School District:Burnet Consolidated Independent School District
| Name | Grades | Distance |
|---|---|---|
Rj Richey Elementary School 500 East Graves Street, Burnet, TX 78611 | 3-5 | 10 mi |
Burnet Middle School, Burnet, TX 1401 North Main Street, Burnet, TX 78611 | 6-8 | 9.6 mi |
Burnet High School 1000 The Green Mile, Burnet, TX 78611 | 9-12 | 9.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 247 Peninsula Dr
Date
Details
Price
Change
Source
12/09/2025
Listed
$1,500,000
—
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 247 Peninsula Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,422
—
$925,000
-19%
2024
$14,422
119%
$1,148,710
133%
2023
$6,586
52%
$493,742
76%
2022
$4,325
-3%
$280,476
—
2021
$4,441
3%
$280,476
8%
2020
$4,299
-2%
$260,000
—
2019
$4,400
-4%
$260,000
—
2018
$4,571
—
$260,000
—
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 247 Peninsula Dr
247 Peninsula Drive, Burnet, TX 78611 (MLS# 8869497) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 247 Peninsula Drive is currently listed for $1,500,000 and was received on December 09, 2025. Want to learn more about 247 Peninsula Drive? Do you have questions about finding other Single Family real estate for sale in Burnet? You can browse all Burnet real estate or contact a Coldwell Banker agent to request more information.

