The Peninsula Dallas Real Estate & Homes for Sale

The Peninsula Homes for Sale

Established East Dallas neighborhood with traditional homes, larger lots, and convenient access to White Rock Lake.

The Peninsula Market Snapshot

Updated monthly using NTREIS MLS data.

Trends compare the latest month to the prior month and prior year.

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Sale to List Ratio
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Updated monthly using NTREIS MLS market data. Metrics reflect recent activity in The Peninsula

About The Peninsula

The Peninsula is a highly desirable residential enclave located along the shoreline of White Rock Lake in East Dallas. Surrounded by water on three sides, the neighborhood offers a rare blend of natural scenery and urban accessibility, making it one of the most distinctive lake-adjacent communities in the city.

Developed primarily in the mid-20th century, The Peninsula features a mix of traditional, ranch-style, and updated contemporary homes, many situated on generous lots with lake views or direct trail access. Mature trees, quiet streets, and limited through traffic contribute to its private, residential feel.

Its location near major corridors and popular East Dallas destinations allows residents to enjoy both peaceful surroundings and everyday convenience. With strong owner occupancy and consistent reinvestment, The Peninsula continues to attract buyers seeking long-term value, lifestyle appeal, and proximity to outdoor recreation.

Living in The Peninsula

Living in the Peninsula offers a lifestyle centered around nature, recreation, and community. Residents enjoy immediate access to the White Rock Lake trail system, making biking, jogging, walking, and kayaking part of everyday life. Sunrise and sunset views over the water are a defining feature for many homes in the area. 

Properties typically feature spacious layouts, private yards, and outdoor living areas that take advantage of the lakeside setting. Many homes have been thoughtfully renovated to include open floor plans, modern kitchens, and flexible spaces suited for today’s lifestyles. 

Families are served by the Dallas Independent School District, and nearby schools, parks, and recreation centers add to the neighborhood’s appeal. Residents also benefit from proximity to the Dallas Arboretum and Botanical Gardens, Lakewood shopping, and Lower Greenville dining and entertainment.

With its rare waterfront location, strong neighborhood pride, and easy access to East Dallas ameniites, The Peninsula offers a uniques blend of resort-style living and everyday practicality-ideal for buyers who value outdoor living, privacy, and long term community stability.

The Peninsula at a Glance

Housing Snapshot

  • Average Home Size: 2,052 sq ft
  • Average Year Built: 1963
  • Number of Homes: 267
  • Primary Architectural Syles: Traditional, Ranch, Contemporary
  • Most expensive home sold: $2,950,000 sold 2/2025 
  • Owner Occupied: 94%

Demographics Snapshot

  • Population: 587 (approx)
  • Median Household Income: $134,848
  • Median Resident Age: 56 yrs
  • College Educated (at least a Bachelor’s): 77%
  • Neighborhood Established: 1927

Homes for Sale in The Peninsula

What Today's Market Means in The Peninsula

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