HomesGarland › 5402 Peninsula Way
5402 Peninsula Way, Garland — photo 1
5402 Peninsula Way, Garland — photo 2
5402 Peninsula Way, Garland — photo 3
5402 Peninsula Way, Garland — photo 4
5402 Peninsula Way, Garland — photo 5
5402 Peninsula Way, Garland — photo 1
1 / 40
$413,999

5402 Peninsula Way

Garland, TX 75043 · Anchor Point · Dallas County
Active Under ContractMLS #21330332 · SingleFamilyResidence
3Beds
2Baths
1,785Sq Ft
0.224Acres
1983Built

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.

School district (per MLS): Garland ISD. School ratings and attendance zones: verify at GreatSchools.org and with the district.
Information provided for general reference; buyers should independently verify schools, districts, and community details.

Courtesy of BLVD Group — listing agent Brad Smith
Contact the listing firm: 214-308-1363

Listing updated Sep 7, 2026, 3:35 PM CT
Presented by James Baker, Broker · MTX Realty, LLC · TREC #640642-B

Listing data last updated Sep 11, 2026, 11:26 PM CT

Information deemed reliable but not guaranteed accurate by the MLS. IDX information is provided exclusively 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. © 2026 North Texas Real Estate Information Systems, Inc. (NTREIS). All rights reserved. Data last updated Sep 11, 2026, 11:26 PM CT.

Listings marked with the NTREIS logo are provided through the NTREIS Internet Data Exchange (IDX) program. IDX data may not be reproduced or redistributed. Status key: Active means available; Active Under Contract and Pending mean under contract but not yet closed. To report an inaccuracy, call or text 817-756-9642 or email jhbakerjr@gmail.com.