Listing provided courtesy of Engel & Volkers FriscoMLS# 21284223MLS ProviderContact Information: Darius Jackson - 618-791-4283
  • 31 days on site
  • 26 views

Positioned on an extraordinary waterfront homesite in Heath, 517 Pine Island Circle offers a rare opportunity to own a private estate where luxury, recreation, and everyday living come together in an unforgettable setting. Spanning approximately 1.5 acres, the property is surrounded by mature trees and showcases sweeping views of a private stocked lake, creating exceptional privacy while enjoying the convenience of a desirable lakeside community. With more than 7,100 square feet of combined living space, the estate includes a main residence, fully equipped guest house, and separate studio retreat. The home features rich wood flooring, multiple living and entertaining spaces, a dedicated office, game room, media room, and a luxurious primary suite with a spa-inspired bath, custom closet system, and secure walk-in safe room. The chef's kitchen features professional-grade appliances, custom cabinetry, generous storage, and multiple pantry spaces. Expansive windows frame water views and fill the home with natural light. Designed to embrace its setting, the property offers covered outdoor living areas overlooking the water. Two private fishing piers extend into the stocked lake, allowing you to enjoy fishing, wildlife, and waterfront living right outside your door. Beyond the living spaces, car collectors, boating enthusiasts, entrepreneurs, and hobbyists will appreciate the impressive workshop, detached studio or mancave with kitchenette and full bath, and extensive garage capacity rarely found in residential properties. The guest house also features a full kitchen, utility room, and additional garage spaces, creating a true estate compound. Located just minutes from Lake Ray Hubbard and within acclaimed Rockwall ISD, 517 Pine Island Circle represents a rare combination of waterfront beauty, privacy, versatility, and craftsmanship. Opportunities to acquire an estate of this caliber and uniqueness are few and far between.

Source: North Texas MLS, MLS#: 21284223

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  • Property Type
    Residential
  • Lot
    1.52 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 517 Pine Island Circle


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/16/2026Source: North Texas MLS Added to Database
June 16, 2026
5/29/2026Source: North Texas MLS Added to Database
May 29, 2026
12/26/2025Source: North Texas MLS Status Change
Closed
10/24/2025Source: North Texas MLS Status Change
Pending
9/14/2025Source: North Texas MLS Price Reduction
$2,690,000 -2.0%
7/2/2025Source: North Texas MLS Price Reduction
$2,745,000 -1.1%
5/30/2025Source: North Texas MLS Price Reduction
$2,775,000 -2.6%
3/2/2025Source: North Texas MLS Added to Database
March 02, 2025