Welcome to 5422 Peninsula Way, a true Garland gem! Nestled on a mid-street cul-de-sac with a spacious corner-lot front yard, this property offers a rare blend of beauty and convenience. Imagine stepping into your backyard and taking in direct access to Lake Ray Hubbard, just steps away-perfect for morning coffee with a lakeside view or evening strolls by the water. This home has been thoughtfully updated with essential upgrades, including foundation repair in 2022 (with a lifetime transferable warranty for peace of mind), a new roof from 2018, and fresh insulation added in 2024. Throughout the home, you'll find new paint and plush carpet, creating a fresh and inviting feel in every room. Inside, the open-concept kitchen overlooks both formal and informal dining areas, ideal for gatherings or cozy family meals. Updated appliances bring both style and efficiency, while the spacious master suite offers direct access to the back patio and boasts a luxurious master bath. The updated guest bathroom, stylish new light fixtures, and fresh exterior paint elevate the charm of this home. The backyard is designed for entertaining and future dreams! A covered patio provides the perfect setting for barbecues or outdoor relaxation, with ample space for additions like a pool or deck. For added functionality, a new 12x16 shed on concrete foundation slab with electric and an interior loft provides generous storage space, and a charming doggy run with a “neighborhood watch” window keeps pets safe and engaged. Practicality meets convenience with a separate laundry room, complete with counters and cabinet space to make chores a breeze. This home truly has it all: location, lake access, and thoughtful updates that make it move-in ready. Don't miss the chance to own this unique slice of Garland paradise!