Welcome to 1101 W Iberian Court, tucked inside the gated community of The Peninsula on Lake Granbury. Set on an expansive lot with peaceful views and room to breathe, this beautifully maintained 5 bedroom, 3 bath home with a dedicated study offers the perfect blend of luxury, comfort, and functionality. Inside, you’ll find fresh interior paint and brand new carpet paired with soaring ceilings, abundant natural light, and an open concept layout designed for everyday living and entertaining alike. The spacious living room features a stunning stone fireplace and flows seamlessly into the chef’s kitchen complete with granite countertops, double ovens, gas cooktop, oversized island, walk-in pantry, and custom cabinetry. The thoughtfully designed split-bedroom floorplan offers privacy for the primary suite, which includes a spa-like bath with soaking tub, separate shower, dual vanities, and large walk-in closet. Four additional bedrooms and three full baths provide flexibility for guests, kids, or multigenerational living while the front study makes an ideal home office or flex space. Step outside to enjoy the oversized covered patio and wide open backyard with endless possibilities for a pool, shop, outdoor kitchen, or simply enjoying the peaceful setting and Texas sunsets. Located in one of Granbury’s most sought after gated communities near the lake, this property offers the tranquility of country style living while still being convenient to town, dining, shopping, and Granbury ISD. Rarely do homes with this combination of space, condition, layout, and location become available.