247 Peninsula DR, Burnet TX 78611

Burnet, TX 78611 | Peninsula

Ed's Opinion of Value

$264,078 Ed's Estimate: $1,562,191 $2,814,793
Lowest Comp Recommended List: $1,531,000 to $1,593,000 Highest Comp
The market data from 4 similar recent sales in PENINSULA points to a value of approximately $1,562,191. To sell within a reasonable timeframe at fair market value, the $1,531,000 to $1,593,000 range is where I'd position this. With 1 comparable homes on the market in PENINSULA, this price positions the property as below the only comparable home currently on the market. This home's larger footprint (292 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 3 of 4 comparable sales didn't include one. The active market in PENINSULA includes 1 comparable homes priced from $799,900 to $799,900. In 78611, home values have risen approximately 0.1% over the past 6 months. One of the strongest data points is 518 Morgan Creek DR, Burnet TX 78611, adjusting to $1,414,704; with a smaller floor plan and no pool. 4 comparable transactions in PENINSULA support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
4 Beds
4 Baths 3 Full, 1 Half
2,999 Sq Ft
0.98 Acres
2022 Built
4 Garage

About This Property

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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.

Property Highlights

Pool In Ground, Outdoor Pool
Waterfront Lake Buchanan · Lake Front
View Hill Country, Lake, Water

Features

  • Ceiling Fan(s)
  • Beamed Ceilings
  • High Ceilings
  • Vaulted Ceiling(s)
  • Stone Counters
  • Kitchen Island
  • Open Floorplan

Location

Schools

School District BurnetCONSISD
Elementary Shady Grove
Middle School Burnet (Burnet ISD)
High School Burnet

Property Details

Property Type Residential
Construction ICFs (Insulated Concrete Forms), Spray Foam Insulation, Stone, Stucco
Roof Metal
Foundation Slab
Levels One
Flooring Concrete
Cooling Central Air
Heating Central, Fireplace(s), Propane
Fireplace Gas, Glass Doors, Living Room, Masonry, Outside, Propane, See Through, Stone
Exterior See Remarks, Boat Ramp, Boat Slip, Gutters Full, No Exterior Steps, Private Entrance
County Burnet
MLS # 8869497
Garage 4 spaces (Attached)
Parking 6 spaces: Attached, Garage
Windows ENERGY STAR Qualified Windows, Low Emissivity Windows
Security Carbon Monoxide Detector(s), Closed Circuit Camera(s), Key Card Entry, Security Lights, Smoke Detector(s)

Lot, Outdoor & Utilities

Lot Features Native Plants, Private Maintained Road, Rock Outcropping, Sloped Down, Trees-Medium (20 Ft - 40 Ft), Views
Patio & Porch Covered, Front Porch, Patio
Water Private
Sewer Aerobic Septic, Engineered Septic
Utilities Electricity Connected, Other, Propane, Water Connected

HOA & Community

HOA Fee $2,400 /Annually
HOA Name Peninsula On Lake Buchanan
HOA Includes Common Area Maintenance, Water
Community Features Cluster Mailbox, Common Grounds, Fishing, Gated, Lake

Tax Information

Annual Taxes (MLS) $12,316 (2025)
Assessed Value $925,000
Exemptions Homestead

Listing History

MLS# 8869497 32 days
Mar 12, 2026 Off Market
Dec 9, 2025 Listed $1,500,000

Frequently Asked Questions About 247 Peninsula DR, Burnet TX 78611

When was 247 Peninsula DR, Burnet TX 78611 built?

247 Peninsula DR, Burnet TX 78611 was built in 2022. It is icfs (insulated concrete forms), spray foam insulation, stone, stucco construction with 2,999 square feet on a 0.98 acre lot.

How much does 247 Peninsula DR, Burnet TX 78611 cost?

247 Peninsula DR, Burnet TX 78611 sold on March 12, 2026. Contact us for sale price details.

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