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22716 Diamond Bay Drive, Frankston, TX 75763

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For Sale

$1,200,000

3 beds • 3 baths • 3,015 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • $398.01
    Price per square foot

  • 21-30 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Nestled in a secluded cul-de-sac on the shores of Lake Palestine, this stunning waterfront retreat offers privacy, charm, and modern comforts in a quiet neighborhood setting. The classic 3015 sq foot home features 3 spacious bedrooms, each with its own ensuite bathroom for ultimate convenience. Boasting two inviting living areas, soaring high ceilings, hand-scrapped red oak, thick floors and recessed lighting throughout, the home is filled with warmth and elegance. At the heart of the home, the chef s kitchen provides an ideal space for entertaining, while the outdoor covered porch and the screened in back patio offers breathtaking views of the lake. The lower level includes nearly 1,400 square feet of heated and cooled basement space, complete with a full bathroom, making it a perfect flex area for guests, a game room, or additional living quarters. Outdoors, you ll be surrounded by professionally landscaped gardens bursting with azaleas, creating a vibrant, picturesque backdrop year round. The property s boathouse is a true highlight, with two boat slips and space for a third, along with a spacious deck situated in the deep waters of the lake perfect for fishing, swimming, or sunset gatherings. Additional features include timeless finishes, and thoughtfully designed spaces, including the attic over garage is complete with flooring and has the capability of being finished out with a bathroom. This home was thoughtfully built with ADA accessibility in mind, offering features such as wide hallways and doorways, a step-free entrance, and an accessible ensuite with a roll in shower. It provides comfort, safety, and ease of living for individuals with mobility needs. This home is located only 20 mins from Tyler, 10 mins from shopping, gyms, and dining out. This rare Lake Palestine treasure offers the perfect balance of seclusion, luxury, and lakeside living.
MLS# 21062399

Courtesy Of Keller Williams Realty Tyler, Listed By Karla Hutchinson

(903) 534-6600

Open Houses

September

27

Saturday

In Person

Saturday, September 27, 2025

2:00AM - 4:00PM

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Dock, Porch, Patio, Vaulted Ceiling, Ceiling Fan, Water Front
  • Appliances
    Dishwasher, Garbage Disposer, Microwave, Range, Washer
  • Architecture Style
    New Traditional
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Brick
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Hardwood, Tile
  • Lot Size
    0.47 Acres
  • Rooms
    Basement

Map and Directions

Directions to 22716 Diamond Bay Drive, Frankston, TX 75763

Home seller CENTURY 21 Heritage Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Heritage Realty

(903) 657-1577
Learn More About Us

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.