Buyer Incentive: Owners will pay 2 YEARS of HOA DUES. This Difficult-To-Find WATERFRONT LOT is 1.37 acres, located in an Upscale Gated Community (The Peninsula @ Lake Buchanan) and includes a dedicated boat slip in the Private Marina (included in the HOA). Nestled within one of the most prestigious, tight-knit gated communities in all of Central Texas, this property offers the ultimate blend of privacy, convenient lake access, rugged Texas beauty & incredible views . This Lot is one of the few spots in the neighborhood where there is a lake view from the front & back of the house (when built.) Discover the perfect canvas for your architectural masterpiece on this sprawling water front lot. It is not just vacant land, it is 1.3+ acres of Natural Central Texas beauty combining natural stone, old-growth trees & native plants/wildflowers that lead straight into the water. Most lake lots feel like you’re on top of your neighbors, but not here! You have room to breathe and roam. Boasting an expansive footprint, this property features stunning natural rock outcroppings and a gentle slope toward the pristine waters of Lake Buchanan. Whether you envision a modern glass retreat or a classic Hill Country estate, the generous lot provides ample room for a sprawling floor plan, outdoor living oasis and breathtaking views. Water is included in the HOA (provided by the community water processing plant.) If you are looking for a true sense of Neighborhood Community, you found it. Upscale Water front opportunities in a gated enclave do not come along often. Come see the vision for yourself!
Features of 308 Peninsula Dr
MLS® #
8171972
Price
$399,000
Bathrooms
0.00
Acres
1.37
Type
Land / Farm
Sub-Type
Unimproved Land
Status
Active
Has Pool
No
Water Feature/View
View
Lake,Marina,Water,Lake Buchanan
Is Waterfront
Yes
Water Body
Lake Buchanan
Community Information: Burnet
Address
308 Peninsula Dr
Area
BU
Subdivision
Peninsula On Lake Buchanan
City
Burnet
County
Burnet
State
TX
Zip Code
78611
Amenities of 308 Peninsula Dr
Utilities
Electricity Available, Water Available, Underground Utilities
Features
Common Grounds/Area, Community Mailbox, Gated, Internet Access, Lake, Planned Social Activities
Interior of 308 Peninsula Dr
Fireplace
No
Exterior of 308 Peninsula Dr
Lot Description
Gentle Sloping, Native Plants, Few Trees, Views
School Information
District
BurnetCONSISD
Elementary
RJ Richey
Middle
Burnet (Burnet ISD)
High
Burnet
Additional Information On 308 Peninsula Dr
Days on Market
140
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
HOA Fees
2400
HOA Fees Freq.
Annually
Gated Community
Yes
Property History
Price Reduced from $449,000 to $399,000
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Data Provided By: Coldwell Banker Realty(512) 343-7500. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 25th, 2026 at 3:15am CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.
