This property is no longer actively listed. We can help you find similar homes currently for sale, notify you if this property relists, or explore off-market opportunities in the area.
$1,500,000
last listed247 Peninsula Dr, Burnet, TX 78611
Why you're seeing this property: Unlike major portals that hide off-market listings, we maintain the most comprehensive Austin property database. View market history, neighborhood data, and discover similar homes currently for sale. #1 Austin Realtor Team 2024.
4 bed, 3 bath, 2,999 sqft on 0.98 acres in Burnet. Burnet, TX 78611. Last listed at $1,500,000, sold March 12, 2026. Burnet CISD.
About This Home
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 Type
- Residential
- Year Built
- 2022
- Lot Size
- 0.98 acres
- Price / Sq Ft
- $500
Listing information last updated February 4, 2026.
Listed by New Hope Realty Group
MLS# 8869497 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Exterior & Lot
- Lot Size
- 0.98 Acres
Financial
- Original List Price
- $1,500,000
- Price per Sq Ft
- $500
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $1,500,000
- Original list
- $1,500,000
- Price movement
- No verified reduction
- Listed / DOM
- Dec 9, 2025
Virtual Tour

Zoned Schools
Burnet CISD
Burnet
Burnet
Shady Grove
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($300K)
Adjustable assumption - not a lending recommendation.
$1,500,000
Luxury property intelligence
Keenan Market Position
A sourced read on Burnet pricing, timing, and property scale. No automated valuation claim.
List price
$1,500,000
Price per sqft
$500/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
No verified reduction
$1.5M original
Active inventory context
Ask for current inventory
Source: Public records and Keenan Group review as of Apr 25, 2026.
Request Private Market AnalysisConnect 247 Peninsula Dr to the Austin Market
78611 ZIP Guide
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
Austin Home Valuation
Private Austin CMA, TCAD context, and pricing strategy
Seller Resources
Pricing, prep, launch timing, and Compass marketing strategy
Keenan Group Results
#1 ABOR Team 2024 with $1B+ career sales volume







