Nearby rentals
Renter hub
Property management
Features
| 2 Floors | Central Air |
| Fireplace | Hardwood Floor |
| Natural Gas | Walk-in Closet |
Appliances
| Dishwasher | Electric |
| In-Unit Laundry |
Community
| Roof Type: Composition |
Grounds
| Garage Parking | Outdoor Space |
| Storage |
Other
| Exhaust Fan (Heating) | View Type: Water |
One-time.
One-time. Refundable.
Property Status: Active FOR SALE OR FOR LEASE! 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. Office Phone: (817) 312-7100 Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 517 Pine Island Cir compares to other nearby properties.
Positives
Considerations
| Zip code | 75032 |
|---|---|
| Type | House for rent |
| Month | Median Rent |
|---|---|
| July 2024 | $2,843 |
| August 2024 | $3,350 |
| September 2024 | $3,450 |
| October 2024 | $3,197 |
| November 2024 | $2,595 |
| December 2024 | $4,267 |
| January 2025 | $3,725 |
| February 2025 | $3,362 |
| March 2025 | $3,048 |
| April 2025 | $3,059 |
| May 2025 | $3,574 |
| June 2025 | $2,918 |
| July 2025 | $2,680 |
| August 2025 | $2,762 |
| September 2025 | $2,995 |
| October 2025 | $2,881 |
| November 2025 | $2,898 |
| December 2025 | $2,835 |
| January 2026 | $2,717 |
| February 2026 | $2,656 |
| March 2026 | $2,720 |
| April 2026 | $3,492 |
| May 2026 | $3,611 |
| June 2026 | $2,850 |
330 laurence dr
heath, TX, 75032
2186 trophy dr
heath, TX, 75126
300 n collins rd
sunnyvale, TX, 75182
310 williamsburg pkwy
fate, TX, 75132
2911 greenway dr
rockwall, TX, 75087