2930 Peninsula Drive, Grapevine, Texas, 76051

This house comes with a REDUCED RATE as low as 6.75% (APR 7.024%) as of 10-31-2026 through List & Lock, with First Year payments based on a 4.750% rate (APR 7.024%), and Second Year payments based on a 5.750% rate (APR 7.024%). This is a seller paid rate-buydown that reduces the buyer’s interest rate and monthly payment paired with a Temporary Buydown. Terms apply, see disclosures for more information. Known as The Enchanted Cottage at Goat Point, this private Grapevine Lake home offers a remarkable woodland setting just minutes from Southlake Town Square, Historic Downtown Grapevine and DFW International Airport. Towering oaks frame the approach, while the home sits above Labrador Bay and backs directly to protected Corps of Engineers land. Step through the back gate to wooded trails, scenic shoreline, and direct access to Grapevine Lake. This rare blend of privacy, nature, and convenience is served by Carroll ISD. With room to gather and space to grow, this special home offers more than 4,100 square feet, multiple living areas, five bedrooms and five baths. The flexible layout suits entertaining, multigenerational living, working from home, or everyday comfort. The kitchen features an oversized island, breakfast bar, and walk-in pantry. Multiple decks and covered outdoor spaces invite quiet mornings and evenings overlooking Labrador Bay. A separate building offers possibilities for a private office, fitness room, art studio, or workshop. A recently installed Class 4 roof adds peace of mind.