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Property Description
BACK ON MARKET - Buyers employment status changed the week of closing! Gorgeous Custom home with GUEST HOUSE in Parker Lake Estates offers space, flexibility, and luxury living inside and out. The thoughtful layout features the primary suite plus a second bedroom downstairs, along with TWO private offices (or optional 3rd bedroom down)-perfect for today's work-from-home lifestyle. Huge guest quarters feature patio area overlooking pool, full bath and is the perfect spot for out-of town guests, multi-generational living, nanny quarters or home business! Recent updates include: new roof (August 2025), fresh interior paint downstairs, updated HVAC, modern light fixtures and ceiling fans, and stainless steel appliances-all adding style and confidence for years to come. Enjoy elegant formals, a breakfast area, and a true chef's kitchen complete with gas cooktop, double ovens, oversized island, butler's pantry, and walk-in pantry. Hand-scraped hardwood floors, custom built-ins, and abundant storage highlight the quality craftsmanship throughout. Upstairs, find two bedrooms with Jack & Jill bath, walk-in closets, a large game room, and a dedicated media room (currently being used as an extra bedroom). The backyard is an entertainer's dream with two covered patios, an outdoor kitchen, fireplace, pool with spa and slide, and lush landscaping with blooming trees. An attached 3-car garage plus a GUEST house complete with full bath is perfect for out of town guests, nanny quarters or home business location! Additional features include: Spacious covered front porch with brick flooring, Extra-wide driveway, Outdoor gas fireplace, Large utility room, Meticulously maintained systems throughout. This property truly has it all-luxury, functionality, and the perfect setting for entertaining or relaxing with family and friends. Guest house was previously a separate drive through garage with pool bath that was closed in and converted by the sellers.
Full Property Details
Full Property Details for 5306 Ravensthorpe Dr
General
- HOA FEE: $75/month
- HOA FEE FREQ.: Annually
- Taxes: $16,696
- Status: Closed
- Type: Single Family
- Source: NTREIS
- MLS ID: 21136431
- Added to Site: 111 day(s) ago
Interior
- Interior Features: Built-in Features, Chandelier, Decorative/Designer Lighting Fixtures, Double Vanity, Granite Counters, High Speed Internet, In-Law Floorplan, Kitchen Island, Multiple Master Suites, Open Floorplan, Pantry, Cable TV, Natural Woodwork, Walk-In Closet(s), Wired for Sound
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Gas Log, Gas Starter, Masonry
- Appliances: Some Gas Appliances, Double Oven, Dishwasher, Gas Cooktop, Disposal, Plumbed For Gas
- Flooring: Carpet, Ceramic Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Additional Information
- Pool: Yes
- Pool Description: Fenced, Gunite, In Ground, Pool, Water Feature
- Security/Safety: Security System, Smoke Detector(s)
Exterior
- Exterior Features: Built-in Barbecue, Barbecue, Garden, Gas Grill, Lighting, Outdoor Kitchen, Outdoor Living Area, Rain Gutters, Sport Court
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Additional Parking, Concrete, Driveway, Enclosed, Garage, Garage Door Opener, Guest, Gated, Garage Faces Side, Boat, RV Access/Parking
Location
- County: Collin
- Subdivision: Parker Lake Estates Ph 3-A
- Driving Directions: From 75, East on Bethany, South on Angel Pkwy, Left on Andover Dr., Right on Ravensthorpe - home will be on your left.
School Information
- Elem School District: Allen ISD
- Midd School District: Allen ISD
- High School District: Allen ISD
- Elementary School: Chandler
- Middle School: Ford
- High School: Allen
Community
- Association: Yes
- Assoc. Name: Neighborhood Management
- Assoc. Fees Include: All Facilities, Association Management
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Fireplace(s), Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Electricity Connected, Natural Gas Available, Sewer Available, Underground Utilities, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: English, Farmhouse, Modern, Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 2
- Living Area: 4,878 Sq. Ft.
- Year Built: 2003
Additional Structures
- Other Structures: Cabana, Guest House, Outdoor Kitchen, Pergola
Lot Features
- Lot Size (Acres): 0.93
- Lot Size (Sq. Ft.): 40,510.8
- Lot Size Source: Public Records
- Lot Dimensions: 135 x 325
- Lot Features: Back Yard, Cleared, Interior Lot, Lawn, Landscaped, Level, Many Trees
- Fencing (Description): Back Yard, Gate, Wrought Iron
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $900
- Assoc Fee Freq.: Annually
- Tax Amount: $16,696
- Terms: Cash, Conventional, 1031 Exchange, VA Loan
Disclosures and Reports
- Legal Description: PARKER LAKE ESTATES PHASE 3-A (CPK), BLK A, L
- Exclusions: BACK ON MARKET - No fault of seller or property. Buyers employment status changed the week of closing. Previous inspection is in transaction desk.
- Disclosures/Rstr.: Accessory Dwelling Unit
- Property ID: R505500A02401
- Block: A
- Lot Number: 24
Listed by Grand Realty Services, Kerri Rushing
Sold by Coldwell Banker Apex, REALTORS, Stephanie Salas
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Schools
Schools serving 5306 Ravensthorpe Dr
School District:Allen Independent School District
| Name | Grades | Distance |
|---|---|---|
Carlena Chandler Elementary School 1000 Water Oak Drive, Allen, TX 75002 | K-6 | 0.7 mi |
W E Pete Ford Middle School 630 Park Place Drive, Allen, TX 75002 | 7-8 | 2.9 mi |
Allen High School 300 Rivercrest Boulevard, Allen, TX 75002 | 9-12 | 3.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
5306 Ravensthorpe Drive, Parker, TX 75002 (MLS# 21136431) is a Single Family property that was sold on March 10, 2026. Want to learn more about 5306 Ravensthorpe Drive? Do you have questions about finding other Single Family real estate for sale in Parker? You can browse all Parker real estate or contact a Coldwell Banker agent to request more information.

