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PRICE CUTSINGLE FAMILY · ANCHOR POINT

$413,999

5402 Peninsula Way, Garland, TX 75043
3 BD · 2 BA · 1,785 SQFT · BUILT 1983 · $232/SQFT

Anchor Point, Garland — 56 days on the market.

Homes like this don't come along often on Rockwall lake. Fully renovated just a few years ago and a proven Airbnb performer with years of strong, steady income, this one is ready for its next chapter...your family's home, your smartest investment, or both. Tucked against an expansive greenbelt with views of the lake, the backyard is where this home truly shines. A sparkling private pool anchors the patio, framed by a shaded pergola, a quiet retreat where the only neighbors behind you are trees, water, and Texas sunsets. Inside, soaring vaulted ceilings, wood-look tile, and walls of windows fill the open living and dining areas with natural light. The showstopping floral accent wall with its neon 'Hello Gorgeous' sign has made this home instantly recognizable to guests, and endlessly photogenic. The kitchen pairs warm wood cabinetry with black granite, stainless appliances, and a bay window framing the lake, while the skylit dining space seats eight with French doors opening straight to the pool. And yes, it comes with the arcade. A dedicated game room loaded with classic arcade cabinets, air hockey, and shuffleboard has been a guest favorite for years and sets this property apart from everything else on the lake. Spacious bedrooms include a serene king suite with sitting area and backyard access, plus a bunk room guests love. The spa-inspired primary bath features dual vanities and an oversized walk-in shower with two showerheads, a built-in bench, and a gorgeous arched stained-glass window. Lake views, greenbelt privacy, resort-style pool, and documented short-term rental income, flexibility and lifestyle that rarely hit the market in Rockwall. Come experience it in person at the open house.

01 — THE NUMBERS
DAYS ON MARKET
56
$ / SQFT
$232
PROPERTY TYPE
Single family
YEAR BUILT
1983
STATUS
Active Under Contract
LISTED
AUG 13
LOT
0.224 AC
ORIGINAL PRICE
$414K
02 — KNOW THE CITY
GarlandFULL CITY REPORT →
THIS HOME VS CITY MEDIAN ACTIVE LIST ($325K · NTREIS)
+27% VS MEDIANGARLAND ISD · DALLAS COUNTY · 21 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.

ELEMENTARYChoice Of School
MIDDLEChoice Of School
HIGHChoice Of School
DISTRICTGarland ISD
AS REPORTED ON THE MLS RECORD — NOT A BOUNDARY DETERMINATION
LISTING COURTESY OF BLVD GROUPMLS# 21330332 · NTREIS
LAST UPDATED SEP 7, 2026, 3:35 PM 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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