Lakeside Luxury: The Best Waterfront Communities in Preston Hollow
- Nitin Gupta, CRS, REALTOR
- Jan 7
- 3 min read

Preston Hollow, Texas, is known for its prestigious neighborhoods, luxurious homes, and close proximity to downtown Dallas. This affluent area is a favorite among those seeking a combination of exclusivity, convenience, and tranquility. For those who long for the serenity of waterfront living without compromising on luxury, Preston Hollow offers some of the most stunning lakeside communities in the region. These communities offer unparalleled amenities, breathtaking views, and a lifestyle centered around the calming presence of water.
1. The Peninsula at Twin Coves
Located on the serene shores of Lake Grapevine, The Peninsula at Twin Coves is one of the most sought-after waterfront communities near Preston Hollow. This exclusive neighborhood offers the perfect blend of private lakeside living and upscale luxury, making it a true gem for those who desire both peace and opulence.
The homes in The Peninsula at Twin Coves are designed to take full advantage of the spectacular lake views, with spacious open-concept layouts, expansive outdoor living spaces, and high-end finishes. The community is nestled among lush landscapes, creating a private oasis for residents. Amenities like walking trails, boat docks, and parks allow homeowners to enjoy the natural beauty surrounding them, while remaining just a short drive from the vibrant energy of Dallas.
Living at The Peninsula means embracing a lifestyle of luxury and comfort, whether you’re relaxing on your private deck overlooking the water or enjoying a day on the lake with family and friends.
2. The Harbor at Possum Kingdom Lake
For those seeking a retreat-like setting, The Harbor at Possum Kingdom Lake offers a sophisticated escape just a short drive from Preston Hollow. Known for its stunning crystal-clear waters and rugged natural beauty, Possum Kingdom Lake is a beloved destination for those who enjoy the best in waterfront living.
The Harbor at Possum Kingdom provides a unique opportunity for homeowners to enjoy both seclusion and luxury. The community features beautifully crafted homes designed to integrate with the natural landscape, featuring large windows, stone facades, and expansive patios that maximize the views of the water. Residents here have access to a range of outdoor amenities, including boat ramps, fishing piers, and a golf course.
Possum Kingdom Lake’s pristine waters are perfect for those who enjoy boating, fishing, or simply relaxing by the water. The Harbor’s blend of lakeside activities and luxury living creates an idyllic atmosphere for those seeking a refined lifestyle close to nature.
Why Waterfront Living in Preston Hollow is the Ultimate Choice
Preston Hollow has long been a prestigious area for high-end living, but for those who dream of owning a home on the water, these waterfront communities offer an entirely new level of luxury. The beauty of living near the water is unmatched—enjoying private views, indulging in water activities, and having a peaceful retreat all just steps from your front door.
These waterfront communities near Preston Hollow offer the perfect balance of tranquil lakeside living and access to the vibrant city life of Dallas. The proximity to premier shopping, fine dining, and cultural events means that residents can enjoy the best of both worlds—living in an exclusive, peaceful neighborhood while staying connected to the energy and excitement of the city.
Conclusion
Whether you’re captivated by the serene waters of Lake Grapevine or the crystal-clear depths of Possum Kingdom Lake, Preston Hollow’s waterfront communities like The Peninsula at Twin Coves and The Harbor at Possum Kingdom provide a rare combination of lakeside tranquility and luxurious living. These neighborhoods are perfect for those who seek more than just a home—they offer a lifestyle defined by breathtaking views, unparalleled amenities, and a deep connection with nature.
If you’re in search of a home that combines stunning natural beauty with the height of luxury, Preston Hollow’s waterfront communities are the perfect place to begin your next chapter.
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