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Keenan Group#1 Austin Board of Realtors Team 2024

This property has sold on March 12, 2026. Looking for something similar? Contact us or browse available homes.

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Off Marketas of Apr 24, 2026

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 listed

247 Peninsula Dr, Burnet, TX 78611

Burnet•MLS# 8869497
4beds
3full1half
2,999sqft
Built2022

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

Generous 0.98-acre lot
cantilevered patio, creating a seamless indoor/outdoor living experience
Inside, custom granite surfaces extend through the kitchen, bathrooms, laundry room, and outdoor kitchen
THIS is lake living—elevated, intentional, and unforgettable.

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.

View Timeline
Current list
$1,500,000
Original list
$1,500,000
Price movement
No verified reduction
Listed / DOM
Dec 9, 2025

Virtual Tour

Virtual tour of 247  Peninsula Dr
Map showing 247  Peninsula Dr
247 Peninsula Dr
Directions

Zoned Schools

Burnet CISD

1 High School1 Middle School1 Elementary School

Burnet

High SchoolGrades 9-12Zoned assignment

Burnet

Middle SchoolGrades 6-8Zoned assignment

Shady Grove

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$8,309

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

Loan: $1.2M
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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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.

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Frequently Asked Questions

What school district is 247 Peninsula Dr in?

247 Peninsula Dr is zoned for Burnet CISD with assigned schools: Shady Grove (elementary), Burnet (Burnet ISD) (middle), Burnet (high). School assignments should be verified directly with the district.

What are the property details for 247 Peninsula Dr?

247 Peninsula Dr is a Residential built in 2022 featuring 4 bedrooms, 3 full, 1 half bathrooms, 2,999 square feet, 0.98-acre lot.

When was 247 Peninsula Dr built?

247 Peninsula Dr was built in 2022, making it 4 years old with relatively recent construction.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Burnet

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Last updated: 4/24/2026, 9:51:50 PM

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