ALL GRAPEVINE HOMES
PRICE CUTSINGLE FAMILY · LABRADOR BAY ESTATE

$995,000

2856 Peninsula Drive, Grapevine, TX 76051
3 BD · 3 BA · 2,564 SQFT · BUILT 1994 · $388/SQFT

Labrador Bay Estate, Grapevine — 32 days on the market.

One-of-a-kind custom home in the prestigious Grapevine Lake community within award-winning Carroll ISD. Situated on nearly half an acre, this exceptional property offers a rare blend of luxury, privacy, and nature just minutes from Southlake Town Square, DFW Airport, and Historic Grapevine. Surrounded by mature trees and lush landscaping, the expansive front and backyard showcase beautiful Emerald Zoysia grass, creating a manicured, resort-like setting year-round. With no homes directly behind the property, you'll enjoy exceptional privacy and peaceful views of nature. Designed for entertaining, the outdoor living space features an impressive two-level Trex deck overlooking the oversized backyard, perfect for hosting parties, family gatherings, or relaxing evenings outdoors. The home has been extensively renovated inside and out with premium finishes throughout, including a new Level 4 hail-resistant roof installed in 2023. The garage features epoxy flooring and is wired for EV charging, while two custom cedar-built sheds provide additional storage. Inside, white oak accent walls, custom cabinetry and doors, and designer LED lighting create a warm yet sophisticated atmosphere. Andersen windows and sliding glass doors flood the home with natural light while seamlessly connecting indoor and outdoor living spaces. The gourmet kitchen is equipped with brand-new Thermador appliances, while electric shades in the primary suite and main living areas add convenience. Energy-efficient upgrades throughout enhance comfort and performance. Enjoy a whole-home water filtration system delivering purified water to every tap and shower, along with a dedicated microbiological drinking water purification system in the kitchen. A tankless water heater provides endless hot water on demand. A rare opportunity to own a fully renovated luxury home in one of Grapevine's most desirable lake communities, offering the perfect combination of privacy, nature, outdoor living, and modern design.

01 — THE NUMBERS
DAYS ON MARKET
32
$ / SQFT
$388
PROPERTY TYPE
Single family
YEAR BUILT
1994
STATUS
Active
LISTED
JUL 16
LOT
0.47 AC
ORIGINAL PRICE
$1025K
02 — KNOW THE CITY
GrapevineFULL CITY REPORT →
THIS HOME VS CITY MEDIAN ACTIVE LIST ($628K · NTREIS)
+58% VS MEDIANGRAPEVINE-COLLEYVILLE ISD · TARRANT COUNTY · 24 MIN TO DT DALLAS
03 — SCHOOLS
Schools reported for this listing

Schools reported by this listing’s MLS record. School assignments and boundaries can change. Verify the specific address with the district.

ELEMENTARYJohnson
MIDDLECarroll
HIGHCarroll
DISTRICTCarroll ISD
AS REPORTED ON THE MLS RECORD — NOT A BOUNDARY DETERMINATION
LISTING COURTESY OF ENGEL&VOLKERS DALLAS SOUTHLAKEMLS# 21309291 · NTREIS
LAST UPDATED JUL 25, 2026, 10:30 AM CT · NTREIS IDX · LISTING INFORMATION PROVIDED BY NORTH TEXAS REAL ESTATE INFORMATION SYSTEMS, INC. (NTREIS). INFORMATION IS DEEMED RELIABLE BUT IS NOT GUARANTEED AND SHOULD BE INDEPENDENTLY VERIFIED. DATA MAY NOT REFLECT ALL REAL ESTATE ACTIVITY IN THE MARKET. COPYRIGHT NTREIS. ALL RIGHTS RESERVED.
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