555 Lakeshore Dr, Palestine, TX 75801

Property Description

Looking for a luxury home on acreage with a pool, guest space, and room for your hobbies? This exceptional custom-built Palestine property offers privacy, comfort, and incredible entertaining space on 1.42 beautifully landscaped acres shaded by mature trees. The 3,500-square-foot main home features 5 bedrooms and 4 bathrooms with a flexible floor plan ideal for families, entertaining, or multi-generational living. Highlights include a formal dining room, dedicated home office, oversized bonus room, and two private en suite bedrooms perfect for guests or extended family. The chef's kitchen features a Wolf gas range, abundant cabinetry, generous counter space, and an easy flow to the living and dining areas—perfect for everyday meals or entertaining. Step outside to your own private backyard retreat featuring a heated saltwater pool with waterfall. The 873-square-foot pool house is built for entertaining with surround sound, gourmet-style kitchen, brick pizza oven, restaurant-grade gas and charcoal grills, industrial vent hood, and a screened patio. Need space for vehicles, equipment, hobbies, or a home-based business? The attached 988-square-foot 3-car garage provides plenty of parking and storage, while the separate heated 2-car garage/shop includes its own private Hamilton Road entrance, office, bathroom, and loft storage. A greenhouse and whole-house generator add even more functionality and peace of mind. With mature trees, beautiful landscaping, resort-style outdoor living, guest suites, multiple garages, and an impressive pool house, this property offers the space and flexibility to live, work, entertain, and relax in style. If you've been searching for a luxury home with acreage, pool, guest accommodations, workshop space, and exceptional outdoor living, this one-of-a-kind East Texas retreat deserves a closer look. **2026 Appraisal on file.