The Peninsula

Exclusive Gated Waterfront Community Within Mystic Shores

Canyon Lake, Comal County

Price Range $700,000 — $2,500,000
Typical Lot Size 1-5+ acres
Home Sizes 2,000 — 5,000 sqft
School District Comal ISD
To San Antonio ~45 minutes
HOA Dues $1,100/yr
Gated Yes
Waterfront Canyon Lake shoreline and Guadalupe River — surrounded by water on three sides

About The Peninsula

Listen, if you’re looking for the absolute 'best of the best' on Canyon Lake, you just found it. The Peninsula isn’t just another neighborhood; it’s the crown jewel of Mystic Shores. It’s this massive, 635-acre finger of land that juts out right where the Guadalupe River feeds into the lake. Because it's surrounded by water on three sides, you get this rare combination of deep-water lake views and that rugged, rushing river energy. When you drive through those private gates, the world just kind of quiets down. You’re looking at massive 1-to-5-acre lots where the homes are tucked back behind old-growth oaks and limestone outcroppings. The vibe here is very 'Texas Elegance'—you’ll see a lot of heavy timber, native stone, and massive floor-to-ceiling glass designed to frame those 270-degree water views. It’s a community of folks who value their privacy—retirees, tech execs from Austin, and families who want a legacy weekend spot. You’ve got access to all the Mystic Shores perks like the massive pool complex and the 140-acre nature preserve, but you’re tucked away in your own exclusive enclave. Just a heads up: you are out there. It’s a solid 20-25 minute scenic drive to the HEB in Spring Branch and about an hour into downtown San Antonio. But honestly? Once you’re sitting on your back deck watching the sun dip below the hills with a glass of Highball, you won’t care about the commute. This is Hill Country living at its peak.

What We Love

  • Unrivaled 270-degree water views
  • Extremely private gated environment
  • Large acreage lots ensuring neighbor privacy
  • Access to Mystic Shores high-end amenities
  • Underground utilities preserve the Hill Country skyline

Things to Know

  • Significant drive time to major retail centers
  • Challenging topography can increase build costs
  • Strict architectural guidelines for custom builds

Community Amenities

Gated entry Private roads Underground utilities Central water Canyon Lake shoreline Guadalupe River frontage Hill Country views

Builders Active in The Peninsula

Map

Nearby

HEB Plus in Spring Branch (25 min) Gruene Hall (35 min) Whitewater Amphitheater (15 min) Mystic Shores Lake Park (5 min)