5402 Peninsula Way
Garland, TX, 75043
$413,999
3 Beds
2 Baths
1,785 SqFt
0.22 Acres
MLS #21330332 image #0

Location

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.

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

Property Details

Price:
$413,999
MLS #:
21330332
Status:
Active Under Contract
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Anchor Point
Listed Date:
Jul 14, 2026
Finished Sq Ft:
1,785
Lot Size:
9,757 sqft / 0.22 acres (approx)
Year Built:
1983
WaterfrontPoolGarageAnchor PointGarland IsdChoice Of SchoolChoice Of SchoolChoice Of School

Schools

School District:
Garland ISD
Elementary School:
Choice Of School
Middle School:
Choice Of School
High School:
Choice Of School

Interior

Bathrooms Full
2
Cooling
Central Air
Fireplace Features
Family Room
Fireplaces Total
1
Heating
Central
Interior Features
Built-in Features, Decorative Lighting, Double Vanity, Open Floorplan
Number Of Living Areas
1

Exterior

Construction Materials
Brick
Fencing
Back Yard
Garage Spaces
2
Lot Size Area
0.2240
Pool Features
In Ground
Waterfront Features
Lake Front

Financial

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.

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Community

Subdivisions in Garland

Market Summary

Current real estate data for Single Family in Garland as of Sep 12, 2026
648
Single Family Listed
77
Avg DOM
203
Avg $ / SqFt
$369,179
Avg List Price

Property Summary

    Located in the Anchor Point subdivision, 5402 Peninsula Way Garland TX is a Single Family for sale in Garland, TX, 75043. It is listed for $413,999 and features 3 beds, 2 baths, and has approximately 1,785 square feet of living space, and was originally constructed in 1983. The current price per square foot is $232. The average price per square foot for Single Family listings in Garland is $203. The average listing price for Single Family in Garland is $369,179. To schedule a showing of MLS#21330332 at 5402 Peninsula Way in Garland, TX, contact your Aaron Layman Properties agent at 940-209-2100.
5402 Peninsula Way
Garland, TX