Location
Stunning Cliffside Lot Overlooking Iconic Hells Gate Cove in Gaines Bend on Possum Kingdom Lake. Don’t miss this rare opportunity to own a premium elevated homesite with panoramic views of the legendary Hells Gate Cove and Devils Island. This exceptional location offers breathtaking dual lake views into PK''s most popular Lake Cove and views to the cove behind —even from the ground level. Perfectly positioned for your custom dream home, this lot is ideal for an infinity pool, sprawling lakefront patios, and a luxurious estate getaway. Located one of the most premier gated communities at Possum Kingdom Lake, enjoy the perfect blend of privacy and upscale living with minimal building restrictions. Property owners have access to a private boat launch and day slips, with full-time boat slips available for lease at nearby Marina. Build your private lakefront sanctuary in one of Texas’ most sought-after waterfront destinations. Ideal for vacation homes, investment properties, or full-time luxury living.
Property Details
Price:
$619,000
MLS #:
20921149
Status:
Active
Baths:
0
Type:
Land
Subtype:
Unimproved Land
Subdivision:
Gaines Bend
Listed Date:
May 15, 2025
Lot Size:
31,799 sqft / 0.73 acres (approx)
Schools
School District:
Palo Pinto ISD
Elementary School:
Palo Pinto
Middle School:
Palo Pinto
High School:
Palo Pinto
Interior
Exterior
Community Features
Boat Ramp, Community Pool, Gated, Lake, Marina
Lot Size Area
0.7250
Vegetation
Cleared
Waterfront Features
Lake Front
Financial

See this Listing
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
- AddressLot 285 E Hells Gate Drive Possum Kingdom Lake TX
- SubdivisionGaines Bend
- CityPossum Kingdom Lake
- CountyPalo Pinto
- Zip Code76449
Subdivisions in Possum Kingdom Lake
- Bobwhite Bluffs
- Caddo
- Chapel Hills Estate
- Clearwater Point
- Cliffs
- Cliffs – PH VII
- Cliffs Ph 02
- Cliffs Ph 04
- Cliffs Ph 08
- Cliffs Ph 09
- Cliffs Ph 11
- Cliffs Ph 13
- Cliffs Ph I
- Cliffs Ph V
- Cliffs Ph Vii Sub
- Cliffs Ph X
- Constantin
- Crystal Bay
- Crystal Bay Sub
- District Tr 23-2-48
- Eagle Point Condos
- East Side
- Gaines Bend
- Gainesbend
- Green Valley Acres P
- Hill Country Harbor Condo
- Hills
- Hills Above
- Hills Above PK
- Hills Above Possum Kingdom
- Hills Above Possum Kingdom Lake
- Hills Above Possum Kingdom Lake Ph1 S1
- Hog Bend
- North End
- North End-Sky Camp
- Northend
- Peninsula
- Pk Lake
- PK Lake 3-1-94
- Possum Kingdom Lake
- Ranch
- Ranft
- Reserve Gaines Bend
- Sportsman\’s World
- Sportsmans World
- Sportsmans World 01
- Sportsmans World 05
- Sportsmans World 09
- Sportsmans World 10
- Sportsmans World Sec Ix
- The Cliffs
- The Cliffs Ph Xii
- The Cliffs Resort
- The Hills
- The Hills Above
- The Hills Above Possum Kingdom
- The Hills Above Possume Kingdo
- The Ranch
- The Reserve at Gaines Bend
- The Reserve at Gaines Bend PH 1
- The Willows
- Villa S Bluff Cree
- Water Ridge Estates
- West side
- West Side PK Lake
- Westside
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Market Summary
Current real estate data for Land in Possum Kingdom Lake as of Aug 03, 2025
100
Land Listed
255
Avg DOM
$236,828
Avg List Price
Property Summary
- Located in the Gaines Bend subdivision, Lot 285 E Hells Gate Drive Possum Kingdom Lake TX is a Land for sale in Possum Kingdom Lake, TX, 76449. It is listed for $619,000 and features 1 acres. To schedule a showing of MLS#20921149 at Lot 285 E Hells Gate Drive in Possum Kingdom Lake, TX, contact your Aaron Layman Properties agent at 940-209-2100.
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Lot 285 E Hells Gate Drive
Possum Kingdom Lake, TX
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