Paragon Realtors Real Estate

22766 Diamond Bay DriveFrankston, TX 75763Price: $749,000

  • Price: $749,000
  • Est. Mortgage of $/month
  • 204 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $749,000List Price
  • 3Bedrooms
  • 3Bathrooms
  • 0.45Acreage
  • 2,554Square Feet

Ask A Question

Listed by Debbie Sherrington and of Dave Perry Miller Real Estate (214-369-6000)
Welcome to 22766 Diamond Bay, a single-level lakefront home with wide-open water views, a deep greenscape backyard, and a solid, well-built boathouse-an easy, turn-key retreat less than two hours from Dallas. Located inside a quiet gated community with a convenient approach off Hwy 155, this property offers the rare combination of level living, panoramic shoreline views, and a looping driveway with plenty of parking for friends and family to enjoy full lake days. Wall-to-wall windows along the living, dining, and kitchen areas frame Lake Palestine and fill the home with natural light. The stone fireplace adds warmth to the open layout, creating a comfortable setting for weekend gatherings or everyday living. The spacious primary suite features an oversized shower and dual walk-in closets, while two additional bedrooms and a large bonus room provide flexible space for guests, work, or play. Step outside to an expansive deck overlooking a deep, grassy backyard-ideal for kids, pets, or relaxed afternoons by the water. The boathouse sits on a generous stretch of shoreline and is designed for easy lake access, from morning fishing to sunset cruises. The lot's depth and gentle slope make the entire property unusually usable compared to many lakefront parcels. With Brownsboro ISD schools, low HOA dues, and a peaceful, established setting, this home works beautifully as a weekend lakehouse or a full-time residence. And when you're not on the water, you're just minutes from two of East Texas' favorite Cajun spots-Catch Me If You Can (8 minutes) and Wade's Place (18 minutes). Approachable, comfortable, and ready for immediate enjoyment, this is lake living made easy on one of the most scenic stretches of Lake Palestine.

Listing Tools

Property Details of 22766 Diamond Bay Drive

Property Details

Interior Features

Utilities and Appliances

Community

Map Location

Based on information submitted to North Texas Real Estate Information Services as of May 20, 2026 9:01 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from The Olmstead Team. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.