Splurge vs. Steal: Possum Kingdom Lake Homes with Spectacular Views of Hell’s Gate Fireworks

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The property at 1019 E. Hells Gate Dr. in Graford, Texas, is currently listed for $7 million.

Anyone familiar with North Texas knows that the Hell’s Gate Fireworks Show at Possum Kingdom Lake is hands down the best July 4 party around. And if Possum Kingdom is the lake of the summer, then Hell’s Gate is the party cove. Here boaters, water skiers, and sunbathers flock to see and be seen at one of the hottest lakefront celebrations of the season.

This year we called on the experts to narrow down the best spots on the lake to celebrate. Whether you’re in the market for a splurge, or looking for a steal, each of these lake homes offer spectacular outdoor spaces for entertaining, and exceptional views of the Hell’s Gate fireworks. Get your pocketbooks ready people, these properties are hot, hot, hot!

Splurge: 1019 E. Hells Gate Dr., Graford, TX

Currently listed: $7 million by Jackie Fewell of Berkshire Hathaway HomeServices Pondera Properties

Listing agent Jackie Fewell told us,1019 E. Hells Gate Drive is right at Hell’s Gate and has a great view of the fireworks show. It’s a stunning property with a long list of features, and comes completely turnkey — furniture, watercraft, everything!”

Did she say everything? Pack the weekender bag and grab the sunscreen, this property is the ultimate escape for the buyer who wants it all — speed boats, covered patios, stunning pool, outdoor kitchen, spa baths, the list goes on and on.

Curious what the Hell’s Gate Fireworks Show looks like? Here is a snapshot of last year’s July 4 celebration, courtesy of agent Jackie Fewell.

Steal: 6033 Hells Gate Loop, Strawn, TX

Currently listed: $799,000 by John Zimmerman of Briggs Freeman Sotheby’s International Realty

“Nothing beats watching the fireworks show from the incredible outdoor living and entertaining deck of 6033 Hell’s Gate Loop,” said John Zimmerman, top-producing agent at Briggs Freeman Sotheby’s International Realty. “Its prime position on the lake affords spectacular views, not only on 4th of July but also of the incredible Texas sunsets.”

Incredible views indeed! This beauty may be listed for under a million dollars, but don’t let the price tag fool you — it boasts million-dollar Hell’s Gate views from nearly every room. The real kicker? Property owners have access to a private air strip, marina, equestrian stables, tennis, playground, and pool. Need we say more?

Splurge: 7013 Hell’s Gate Loop, Strawn, TX

Currently listed: $1.675 million by Quinn Black of Williams Trew Real Estate

“Here you have your own private area to watch the fourth of July fireworks and Red Bull diving on Labor Day,” said Quinn Black, listing agent at Williams Trew Real Estate.

The huge cliffs surrounding Hell’s Gate are perfect for cliff diving, which prompted Red Bull to sponsor a cliff diving competition during the summer months.

Aside from the boating action and great people watching, this property is peaceful and serene, affording a famous Hells Gate Cove location, and gracious interior filled with designer upgrades such as a gourmet chef’s kitchen and luxurious master suite. Bonus: Every bedroom has its own private balcony. Swoon!

Steal: 7101 W. Hells Gate Dr., Strawn, TX

Currently listed: $574,900 by Quinn Black of Williams Trew Real Estate

Black also brought to our attention the extraordinary gem at 7101 W. Hells Gate Dr. For less than half the cost, you get a slew of upgrades like a unique octagon ceiling outfitted with tongue-and-groove knotty aspen wood, and a charming porch and wrap-around deck with sweeping lake views. It’s the perfect place for cooling off on hot summer nights, and celebrating our nation’s independence.

“The views from these two homes are some of the most desired,” added Black. “7101 W. Hells Gate has many windows offering a personal, up-close view of the cove.” Below you can see the cliffs, perfectly framed by a wall of windows featured in the home.

Recognized as the premiere landmark on the lake, Hell’s Gate is defined by two dramatic cliffs that serve as a natural gated entry to a secluded party cove on the south end of Possum Kingdom Lake. From its variety of lake homes at a every price point, to its convenient location just a short two-hour drive from Dallas, it’s a hotspot for second home buyers, especially those with southern roots.

Splurge: 2951 Colonels Row, Graford, TX

Currently listed: $899,000 by John Zimmerman of Briggs Freeman Sotheby’s International Realty

“For the best views of the Hell’s Gate fireworks show, guests and friends of the homeowners at 2951 Colonels Row sit on top of the boat dock. It’s the perfect panoramic view of the entire lake and other firework shows happening around Possum Kingdom Lake,” said Zimmerman.

This lakefront charmer is located on one of the most popular and exclusive areas on the peninsula. It boasts an open concept floor plan with gorgeous updates, including hardwood floors, walls of windows, a contemporary white kitchen, plus ample space to entertain. Surrounded by mature trees and green space with convenient water access, it’s a move-in ready option in a picture-perfect setting.

Steal: 310 Melbourne Tr., Possum Kingdom, TX

Currently listed: $485,000 by Ric Hayward of Coldwell Banker Residential Brokerage

At this price, you’ll be hard-pressed to find anything more perfect. Listing agent Ric Hayward told us, “310 Melbourne Trail in The Cliffs looks directly at the July 4 fireworks show. The fireworks display can be seen from the comfort of the balcony without having to contend with the crowds or boat traffic.”

The property also overlooks Neeley’s Slough on Possum Kingdom Lake, and The Cliffs Golf Course. With two expansive balconies and plenty of open airy space to entertain it’s a great place to host family and friends for the fourth.

Do you have a favorite on our list of Possum Kingdom lake homes? Let us know in the comments. Here’s wishing you and yours a happy fourth of July!