5505 Lakeshore Drive, Possum Kingdom Lake, TX 76450
5505 Lakeshore Drive, Possum Kingdom Lake, TX 76450
5505 Lakeshore Drive, Possum Kingdom Lake, TX 76450
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$1,749,000
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2,592 SqFt
Active

5505 Lakeshore Drive Possum Kingdom Lake, TX 76450

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Rebekah Gilbert

Rebekah Gilbert

+1(817) 913-3255

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,592 sqft

Subdivision Westside

MLS Listing ID 21207088

Style Barndominium

HOA Fees $1,000/ann

HOA Y/N Mandatory

Year Built 2024

Annual Tax Amount $20,179

Lot Size 2.688 Acres

Acres 2.688

Property Sub-Type Single Family Residence

Property Description

PRIME PK LAKE ESTATE, BUILD LOT with 2.6 ACRES, & ENDLESS POSSIBILITIES with 1000' of SHORELINE, INSULATED 2592 SqFt BARNDO SHOP, DOUBLE LEVEL, 1840 SqFt NEW DOCK, with 2 Boat Slips, 2 Jets Ski EZ Ports, Storage Closet with fresh water Ice Maker, and Lifted Cradle Storage for Water Toys, & 2nd Level has Panoramic Lake Views, plus there is a Concrete Retaining Wall at the shoreline, and Multiple Big View Build Sites for the Main Lake House and BIG extra Acreage for Guest Cabins, Pool, Sports Courts or whatever your PK Dream Family Compound requires. The Barndo features 2 Large Glass Garage Doors, for great Light and Bright Entertaining Space, as well as Boat Storage Space and has a Large Covered Lighted Canopy in Front, and an RV Size Carport on the end with access to Power and Septic, along with 4 RV Parking Sites with Pole Connections and Clean Outs. BE SURE to Check out the Lot Survey in the Photos to see how much Waterfront there is to Build on, with Amazing Elevated Lake Views, as well as pics of the Mature Oak and Cedar Trees throughout the different areas of the property. This is a RARE GEM of a Lake Property that Must Be Seen to be appreciated. Overnight Rentals are allowed. There are 2 great Westside Restaurants nearby by Boat or Car. Fox Hollow and Possum Hollow, and the small Charming Town of Graham is only a 20min drive away for Amenities, Markets and Dining, plus local mercantile shops are only 10mis away. Then the Famous Hell's Gate is a Gorgeous Boat cruise around to the other side of the Lake to watch the Spectacular Sunsets of PK, and then you can stop and dine on the way back at everyone's Favorite Lake Restaurant on the Peninsula, Hemingway's.

Location

State TX

County Palo Pinto

Community Fishing, Lake, Rv Parking

Direction Take FM 1148 for 8.4 miles to Lakeshore Dr. Go thru the Gated Entrance of the Pointe and Lot 13 is the first Lot on the Left. See C21 Sign.

Rooms

Dining Room 1

Interior

Interior Features Cathedral Ceiling(s), Open Floorplan

Flooring Concrete

Appliance Ice Maker

Exterior

Exterior Feature Boat Slip, Dock

Garage Spaces 4.0

Carport Spaces 4

Fence Metal, Wood

Community Features Fishing, Lake, RV Parking

Utilities Available All Weather Road, Co-op Water, Electricity Connected, Individual Water Meter, Septic, Water Tap Fee Paid

Waterfront Description Dock – Covered,Lake Front,Personal Watercraft Lift,Retaining Wall – Concrete

Roof Type Metal

Accessibility Accessible Doors

Total Parking Spaces 8

Garage Yes

Building

Lot Description Acreage, Cleared, Lrg. Backyard Grass, Many Trees, Cedar, Oak, Park View, Sloped, Water/Lake View, Waterfront

Story One

Foundation Slab

Level or Stories One

Structure Type Metal Siding

Schools

Elementary Schools Graford

Middle Schools Graford

High Schools Graford

School District Graford Isd

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Aerial Photo, Survey Available

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21207088

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2026 North Texas Real Estate Information Systems.
Listed by Maggie Burgess • Century 21 Mike Bowman, Inc.

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Rebekah Gilbert

Rebekah Gilbert

Broker Associate | License ID: 0699931

+1(817) 913-3255

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