308 Peninsula Dr, Burnet, TX 78611
FOR SALE
1.37 ACRES

308 Peninsula Dr
Burnet, TX 78611

    $449,000

    Est. Mortgage $2,952/mo*

    $449,000

    Est. Mortgage $2,952/mo*
    (on 1.37 acres)

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    Description

    Build Your Lake side Dream Home, Vacation Home or Legacy Home on a spacious 1.37 Acre Waterfront Sanctuary. Nestled within one of the most prestigious, tight-knit gated communities (The Peninsula @ Lake Buchanan) on the lake, this property offers the ultimate blend of privacy, rugged Texas beauty & upscale convenience. It 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’s not just a "lot." It’s 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 here? You actually have room to breathe. 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.) The Private Marina and Boat Launch are moments from your future front door allowing you to enjoy seamless lake access and a dedicated boat slip. You don't have to deal with public ramp chaos, your private launch is close by. Don't wait. Water front opportunities of this size, in a gated enclave, do not come along often. Come see the vision for yourself! Stand on the rocks at sunset, looking at the still water of the lake, with a cold drink... it’s the quietest, most peaceful thing you’ll ever experience.

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    $200/Monthly
    Price/Sqft
    No Info
    Listed
    30 days ago

    Home Details for 308 Peninsula Dr

    Active Status

    MLS Status: Active

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available, Underground Utilities, Water Available
    Gas & Electric
    Has Electric on Property
    View
    Has a ViewView: Lake, Marina, Water

    Exterior Features

    Exterior Home Features
    Other Structures: None
    Frontage
    WaterfrontWaterfront: Lake Front, Lake Privileges, WaterfrontRoad Surface Type: Asphalt, PVDOn Waterfront
    Water & Sewer
    Sewer: Septic NeededWater Body: Lake Buchanan
    Farm & Range
    Not Allowed to Raise Horses

    Days on Market

    Days on Market: 30

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Not a New ConstructionNo Additional Parcels
    Property Information
    Parcel Number: 82178

    Price & Status

    Price
    List Price: $449,000
    Status Change & Dates
    Possession Timing: Close Of Escrow

    Location

    Direction & Address
    City: BurnetCommunity: Peninsula On Lake Buchanan
    School Information
    Elementary School: RJ RicheyElementary School District: BurnetCONSISDJr High / Middle School: Burnet (Burnet ISD)Jr High / Middle School District: BurnetCONSISDHigh School: BurnetHigh School District: BurnetCONSISD

    Agent Information

    Listing Agent
    Listing ID: 8171972

    Community

    Community Features: Cluster Mailbox, Common Grounds, Controlled Access, Gated, High Speed Internet, Lake, Planned Social Activities, Underground Utilities

    HOA

    HOA Fee Includes: Common Area Maintenance, WaterHOA Name: The Peninsula @ Lake BuchananHas an HOAHOA Fee: $2,400/Annually

    Lot Information

    Lot Area: 1.37 Acres

    Listing Info

    Special Conditions: Standard

    Offer

    Listing Terms: Cash, Conventional, Texas Vet, VA Loan

    Miscellaneous

    Mls Number: 8171972Water ViewWater View: Lake, Marina, WaterAttribution Contact: chase.burris@cbrealty.com

    Additional Information

    Cluster MailboxCommon GroundsControlled AccessGatedHigh Speed InternetLakePlanned Social ActivitiesUnderground Utilities
    Last check for updates: about 4 hours ago
    Listing courtesy of Trina Rivera
    Coldwell Banker Realty, (512) 343-7500
    Source: Unlock MLS, MLS#8171972
    Also Listed on Unlock MLS.

    Market trends in Burnet

    Last updated April 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    Sale-to-List Price
    Price per sq ft
    Available listings
    294
    1
    MoM

    Price History for 308 Peninsula Dr

    DatePriceEventSource
    05/08/2026$449,000Listed For SaleUnlock MLS #8171972
    11/27/2024$399,995ListingRemovedUnlock MLS #3870722
    11/19/2024$399,995ContingentUnlock MLS #3870722
    08/24/2024$399,995PriceChange
    Unlock MLS #3870722
    08/01/2024$425,000PriceChange
    Unlock MLS #3870722
    07/22/2024$450,000PriceChange
    Unlock MLS #3870722
    05/23/2024$475,000Listed For SaleUnlock MLS #3870722
    09/07/2023ListingRemovedN/A
    07/14/2023$450,000Listed For SaleN/A
    10/01/2020--Sold
    HLMLS as distributed by MLS GRID #153241
    08/24/2020$199,900PendingAgent Provided
    08/13/2020$199,900Listed For SaleAgent Provided
    02/19/2020$159,950ListingRemovedAgent Provided
    01/15/2020$159,950Listed For SaleAgent Provided
    06/13/2019$174,900ListingRemovedAgent Provided
    02/08/2019$174,900PriceChange
    Agent Provided
    08/15/2018$179,900Listed For SaleAgent Provided

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    Property Tax and Assessment

    Year2025
    Tax
    Assessment$300,000
    Home facts updated by county records

    Comparable Sales for 308 Peninsula Dr

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.19
    Lot/Land
    -
    11/24/25
    -
    -
    0.78
    Lot/Land
    -
    11/25/25
    -
    -
    1.90
    Lot/Land
    -
    06/09/25
    -
    -
    1.98
    Lot/Land
    -
    07/11/25
    -
    -
    2.55
    Lot/Land
    -
    05/22/26
    -
    -
    3.19
    Lot/Land
    -
    09/18/25
    -
    -
    3.19
    Lot/Land
    -
    01/15/26
    -
    -
    3.45
    Lot/Land
    -
    05/13/26
    -
    -
    3.57
    Lot/Land
    -
    03/16/26
    -
    -
    3.67
    Lot/Land
    -
    12/11/25
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for 308 Peninsula Dr.
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    What Locals Say about Burnet

    At least 46 Trulia users voted on each feature.
    • 93 % Say parking is easy

    • 92 % Say car is needed

    • 84 % Say yards are well-kept

    • 80 % Say there's holiday spirit

    • 75 % Say it's dog friendly

    • 74 % Say kids play outside

    • 72 % Say it's quiet

    • 67 % Say people would walk alone at night

    • 67 % Say they plan to stay for at least 5 years

    • 53 % Say neighbors are friendly

    • 52 % Say it's walkable to restaurants

    • 50 % Say it's walkable to grocery stores

    • 49 % Say there's wildlife

    • 29 % Say there are community events

    • 20 % Say streets are well-lit

    • 15 % Say there are sidewalks

    Sourced by Trulia users. Learn more about our methodology.
    • Mchotty88
      "Bluebonnet Festival is wholesome goodness of fun. Between the food and all the shops or even live bands playing each night definitely makes a memory of a lifetime "
    • G6g550
      "I drive only 8 miles to work. This is an extremely rural area and not considered to be safe for walking around. "
    • G6g550
      "Everyone in this area has to commute via personal vehicle 5 to 25 miles for employment. There is no public transit."
    • Goggidart
      "We are all very close. Potluck dinners twice a year. But visit each other very often! No crime. We all look out for each other. "
    • Elyzabethmusiak
      "I feel that burnet is a family friendly and safe place to live. I very much enjoy living here. houses are nice and affordable! "
    • Sonny
      "My neighborhood is full of homes that are almost are on top of one another; for example, one could slightly raise the volume of voice to speak with either three neighbors to them. Also the apartments on Vanderveer where I currently reside seem to be a round the clock traffic attraction for groups of 16-21 year old young folk all hours of the day and night. Loud. Wild. Sometimes quite rude. Sometimes quite helpful... when moving furniture. Wish our neighborhood had annual block partys. One for summer kick off and its end."
    • Renee K.
      "Great people in a relaxed country town!definitely enjoy the area!!!! Would recommend it to anyone who wants a family feeling!"
    • Allenrenee P.
      "the neighborhood is safe, and neighbors are friendly . I would definitely recommend. safe place to live!!!"
    • Fred f.
      "Waterfront community, everyone gets along well. Beautiful landscape and sunsets. The stars are fantastic at night."
    • G6g550
      "It’s less busy than bigger cities and the population is older adults. It’s a quiet place There is not a lot of crime or criminal activity that would make anyone afraid to live here."
    • Jennifer w.
      "I love the small town feel. The area is nice and the school system is really good. I love the community events that happen all year round."
    • Sharai K.
      "Burnet, TX is an excellent area to either raise a family, or retire too. There are many lakes, marinas, golf courses, and other public attractions with 15 minutes of the area. The schools are known both for their academic programs as wells as their athletic programs. There seems to be a little bit of everything for everyone. The people in this community are extremely friendly and genuinely seem to care about one another. Overall, out of all of the places that I have lived in Texas, this one was definitely the best!"
    • patrick l.
      "This is a great area to live in Central Texas! Several fresh water lakes nearby. Inks Lake State Park just is just a short drive. Not a bad commute to Cedar Park, Austin, TX. area. Nice Weather year round!"

    LGBTQ Local Legal Protections

    Trina Rivera, Coldwell Banker Realty, (512) 343-7500
    Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2026-06-07 00:54:52 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
    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. Some IDX listings have been excluded from this website. Click here for more information
    308 Peninsula Dr, Burnet, TX 78611 is a lot/land. This property is currently available for sale and was listed by Unlock MLS on May 8, 2026. The MLS # for this home is MLS# 8171972.