Price Reduction - Waterfront - Golf Course
Address
1025 Pecan Ridge, Possum Kingdom Lake, TX
Price
$ 5,499,000
Property Attributes
- MLS#21308155
- TypeSingle Family
- Listing Status Active
- CountyPALO PINTO
- CityPossum Kingdom Lake
- NeighborhoodGaines Bend
- Zip76449
- StyleCraftsman
- Year Built2018
- Taxes$ 43181
- Price$ 5,499,000
- Bedrooms7
- Full Bathrooms5
- Half Bathrooms1
- Sqr Footage7480
- Lot Size0.921 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Presenting 9,600+ sq ft under AC of pure Lakefront Luxury on Possum Kingdom Lake! This remarkable Waterfront Estate seamlessly combines comfort and sophistication. Overlooking the pristine waters of Possum Kingdom Lake, this property offers breathtaking panoramic views. The residence features 7 bedrooms one of which is a bunkroom sleeping 6 adults and 5.5 baths, including an office space that could potentially be an 8th bedroom with closet, ideal for large family gatherings. Separate workout facility and a mother-in-law suite. The climate-controlled six-car, Showroom Quality garage is equipped with all essential amenities. The open-concept living, kitchen, and dining areas boast soaring ceilings and expansive windows, merging indoor and outdoor spaces. The plush lower-level primary suite offers cruise ship views, a grand ensuite bath, and a posh designer closet with additional laundry facilities. Unleash creativity in the custom craft room, complemented by a large utility room. The estate includes perfectly appointed guest suites, a custom wet bar, and a media room with theater seating and concession station. Outdoor features include a spacious covered patio with spectacular views of Hells Gate and Deep Blue Waters. Handsome WBFP, an outdoor kitchen, a lower-level firepit with seating for those chilly nights as well as a balcony for relaxation or entertainment. A state-of-the-art elevator leads to a two-story dock with a shaded upper deck and double boat slip. This prime location Is just a quick sea doo trip away from the impressive landmark of Hells Gate. Fully furnished, you’ll be ready to embrace a luxurious lake lifestyle!
| Elementary School |
|---|
| Palo Pinto Elementary School |
| Price History | |
|---|---|
| 6/20/2026 | Listed $6,350,000 |
| 7/24/2026 | 6$5,999,990 |
| 8/26/2026 | 9$5,499,000 |
General Features
| Heating | Central,Propane,Zoned |
|---|---|
| Cooling | Ceiling Fan(s),Central Air,Electric,Zoned |
| Utilities | All Weather Road,Asphalt,Cable Available,Co-op Electric,Co-op Water,Community Mailbox,Concrete,Electricity Connected,Individual Water Meter,Outside City Limits,Private Sewer,Propane |
| Possession | Closing/Funding |
| Roof | Metal |
| Appliances | Built-in Refrigerator,Dishwasher,Disposal,Electric Oven,Gas Range,Ice Maker,Microwave,Refrigerator,Tankless Water Heater,Water Softener |
| Easements | Utilities |
| Assoc Fees | 1000 |
| Number of Garage Spaces | 8 |
| School District | Palo Pinto ISD |
| HOA Fee Includes | Trash |
| Year Built | 2018 |
| Architectural Style | Craftsman |
| Levels | Two |
| Unexempt Taxes | 43181 |
| Will Subdivide | No |
| Property Subtype | Single Family Residence |
| Subdivision Name | Gaines Bend |
| Transaction Type | For Sale |
| Occupant Type | Owner |
| County | Palo Pinto |
| Property Type | Residential |
| Security Features | Gated Community,Security System,Smoke Detector(s) |
| Construction Materials | Rock/Stone |
| Association Fee Frequency | Annually |
| Year Built Details | Preowned |
| Accessory Unit Type | Guest Quarters |
| Accessory Unit Y/N | Yes |
| HOA Type | Mandatory |
| Green Energy Efficient | Construction,Insulation |
| Full Baths | 5 |
| Status | Active |
| Directions | GPS Friendly |
| City | Possum Kingdom Lake |
| Other Equipment | Home Theater,Satellite Dish |
| Elementary School Name | Palo Pinto |
| High School | Mineral Wells |
| Elementary School | Palo Pinto |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21308155 |
| Standard Status | Active |
| Listing Terms | Cash,Conventional |
Interior Features
| Interior Features | Built-in Wine Cooler,Cable TV Available,Decorative Lighting,Double Vanity,Eat-in Kitchen,Flat Screen Wiring,Granite Counters,High Speed Internet Available,Kitchen Island,Natural Woodwork,Open Floorpl |
|---|---|
| Flooring | Carpet,Hardwood,Travertine Stone |
| Fireplace Features | Decorative,Fire Pit,Gas Logs,Gas Starter,Living Room,Outside,Propane,Stone,Wood Burning |
| Fireplaces Total | 2 |
| Dining Areas | 1 |
| Living Areas | 2 |
| Room Count | 4 |
| Half Baths | 1 |
| Lock Box Type | Combo |
| Total Bedrooms | 7 |
| Total Baths | 6 |
Exterior Features
| Waterfront | Yes |
|---|---|
| Exterior Features | Attached Grill,Balcony,Boat Slip,Covered Patio/Porch,Dock,Fire Pit,Lighting,Outdoor Living Center |
| Lot Features | Landscaped,Rock Outcropping,Sprinkler System,Subdivision,Undivided,Water/Lake View,Waterfront |
| Fencing | Metal |
| Other Structures | Second Garage,Workshop w/Electric |
| Parking Features | Concrete,Direct Access,Driveway,Enclosed,Epoxy Flooring,Garage Door Opener,Garage Faces Side,Golf Cart Garage,Guest,Heated Garage,Kitchen Level,Lighted,Open,Oversized |
| WaterFront Features | Dock – Covered,Lake Front,Lake Front – Main Body |
| Lot Size | .5 to < 1 Acre |
| Covered Spaces | 8 |
| Foundation | Slab |
| Lot Size Area | 0.9210 |
| Lot Size Units | Acres |
| Structural Style | Lake House,Resort Property,Vacation Home |
| Garage Y/N | Yes |
| Lot Size Square Feet | 40118.7600 |
| Lot Size Acres | 0.9210 |
| Attached Garage Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 76449
Price
Taxes
Year Built
Visits
In The Neighborhood
Waterfront
Graford
$ 2,595,000
961 E Hells Gate Drive
Graford, TX 76449
- Type
- Single Family
- Size
- 3,228 SqFt
- Rooms
- 4 Beds + 4.5 Baths
Reduced
Graford
$ 1,700,000
1011 Firewheel Trail
Graford, TX 76449
- Type
- Single Family
- Size
- 2,324 SqFt
- Rooms
- 3 Beds + 2 Baths
Waterfront
Graford
$ 2,895,000
1260 Rawhide Ridge
Graford, TX 76449
- Type
- Single Family
- Size
- 4,597 SqFt
- Rooms
- 5 Beds + 5.5 Baths
© 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor M&D Real Estate - Forney shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
