A Once-in-a-Lifetime Waterfront Estate on Possum Kingdom Lake Perched high above the iconic Hell's Gate channel in Sportsman's World, this extraordinary fully furnished waterfront estate offers breathtaking panoramic lake views from virtually every room. Beyond its luxury appeal, this property is an exceptional investment opportunity, generating just under $300,000 in gross short-term rental income last year, making it one of the top-performing vacation rentals on Possum Kingdom Lake. Designed for unforgettable gatherings, the home features two luxurious primary suites, expansive living spaces, a game room, and walls of glass showcasing stunning water views. Step outside to a resort-style outdoor oasis highlighted by two swimming pools. Relax in the elevated infinity-edge pool overlooking the lake or enjoy endless fun in the lower pool complete with a dramatic waterslide. For ultimate relaxation, retreat to the impressive 12x9 sauna and Himalayan salt cave featuring over $30,000 in imported Pakistan salt walls, creating a private spa experience rarely found in residential properties. The expansive rooftop observation deck offers one of the most spectacular vantage points on the lake, perfect for taking in breathtaking sunsets, watching the famous Hell's Gate fireworks, and enjoying panoramic views that stretch for miles. Multiple outdoor living areas and firepit gathering spaces make entertaining effortless. Located within the highly sought-after Sportsman's World community, owners enjoy access to a marina, community pool, tennis courts, pavilion, playground, and general store and grill. Whether you're seeking a luxury lakefront retreat, a premier investment property, or both, this remarkable estate delivers an unmatched Possum Kingdom Lake lifestyle with world-class amenities, incredible income potential, and views that simply cannot be replicated.
| MLS # | 21287302 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $1,025 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2021 |
| Days On Site | 145 |
| Listing Provided By | Smart Realty | Brooke Smart |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 3,920 |
| Garage | 3 |
| Pool | Yes |
| Story(s) | 2 |
| Acreage | 0.70 |
| Water Front | Lake Front |
| Room Count | 5 |
|---|---|
| Cooling | Ceiling Fan(s), Central Air, Electric |
| Heating | Central, Electric |
| Interior Features | Decorative Lighting, Kitchen Island, Other, Vaulted Ceiling(s) |
| Appliances | Dishwasher, Disposal, Gas Range, Ice Maker, Microwave |
| Roof | Other |
|---|---|
| Construction Materials | Rock/Stone, Stucco |
| Foundation Details | Slab |
| Lot Features | Few Trees, Irregular Lot, Subdivision, Water/Lake View |
| Garage Yn | 1 |
|---|---|
| Attached Garage Yn | 1 |
| Parking Features | Garage Double Door, Golf Cart Garage |
| Utilities | All Weather Road, MUD Sewer, MUD Water, Outside City Limits, Overhead Utilities |
|---|
| Tax Lot | 20 |
|---|---|
| Tax Block | 1 |
| State | TX |
|---|---|
| County | Palo Pinto |
| City | Strawn |
| Zip Code | 76475 |
| Area | Palo Pinto |
| Community Name | Sportsmans World |
| School District | Palo Pinto ISD |
| Elementary School | Palo Pinto |
| High School | Mineral Wells |
| Listing VS Median (in Sportsmans World) | |
Price: $3,449,000 low | high Med: $1,324,500 sqft: 3,920 low | high Med: 2,570 $ / sqft: $880 low | high Med: $520 On site: 145 low | high Med: 152 | |
| State | TX |
|---|---|
| County | Palo Pinto |
| City | Strawn |
| Zip Code | 76475 |
| Area | Palo Pinto |
| Community Name | Sportsmans World |
| School District | Palo Pinto ISD |
| Elementary School | Palo Pinto |
| High School | Mineral Wells |
| Listing VS Median (in Sportsmans World) | |
Price: $3,449,000 low | high Med: $1,324,500 sqft: 3,920 low | high Med: 2,570 $ / sqft: $880 low | high Med: $520 On site: 145 low | high Med: 152 | |
![]() | $2,595,000961 E Hells Gate DriveGraford, TX 76449 |