Paragon Realtors Real Estate

3061 Park Road 36Possum Kingdom Lake, TX 76449Price: $3,995,000

  • Price: $3,995,000
  • Est. Mortgage of $/month
  • 316 Days on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,995,000List Price
  • 5Bedrooms
  • 7Bathrooms
  • 0.3Acreage
  • 4,593Square Feet

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Listed by Keith Hanssen of Possum Kingdom Real Estate ((940) 779-1111)
NEW CONSTRUCTION COMPLETED MAY 2026 After a year of steady progress, your chance to own THE dream lake life everyone wants is available now with this quality new-masterpiece on the exclusive South side of the Peninsula at Possum Kingdom Lake. COMING SOON BIG BOAT DOCK. Perfectly blending high-end design, breathtaking views, and prime investment potential. Crafted by one of PK's reputable builders in collaboration with renowned Blake Architects. Positioned to capture sweeping panoramic views over Possum Kingdom's legendary deep, crystal-clear waters, this striking two-story home features a sophisticated mix of stone, stucco, wood, and brick, accented by bold lines and sleek black windows and doors that frame the lake from nearly every room. With 4,593 sq ft of luxury living (6,221 sq ft under roof), it offers 5 spacious bedrooms, 6 designer bathrooms, and expansive indoor-outdoor spaces built for grand entertaining or quiet lakeside relaxation. Step out to multiple covered patios and porches that lead to a stunning lakeside pool and spa, plus a sunken firepit and a fully equipped outdoor kitchen-setting the stage for unforgettable gatherings as the sun sets over the water. A brand-new double-decker dock is also under construction, complete with a 29-foot boat slip, two PWC slips with lifts and rope swing in some of the clearest, deepest water on PK. Quick boat access to Hell's Gate, lively waterfront dining, marinas, and all your essentials just minutes away by land. Possum Kingdom Lake is celebrated for its unmatched beauty, exceptional clarity, and vibrant recreational lifestyle, making it one of Texas's most coveted lakefront markets. Even better, short-term rentals are allowed in only a few areas and this property is in the right place-so you can enjoy personal lake living at its finest while also unlocking excellent income potential.

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Based on information submitted to North Texas Real Estate Information Services as of May 14, 2026 9:10 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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