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Waterstone on Lake Conroe by K. Hovnanian® Homes
140 Peninsula Point Dr, Montgomery, TX 77356
💰 Est. $96,170 in total savings!
Mortgage rates starting from 3.75%
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Builder deals available
Conventional 30 Year Fixed
$96,170 est. value- Rate buydown from 3.75% (1–7 year) with 5.224% APR, 20% down payment, and 780 credit score
Deals may change and are not guaranteed. Some deals apply to specific homes or plans. Not a financing offer. Eligibility varies by lender. Please verify details.



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Book your tour. Save an average of $18,473. We'll handle the rest.
We collect exclusive builder offers, book your tours, and support you from start to housewarming.
- Confirmed tours
- Get matched & compare top deals
- Expert help, no pressure
- No added fees
Estimated value based on Jome data, T&C apply
Available homes
- Home at address 298 Peninsula Point Dr, Montgomery, TX 77356

Captiva II
$379,958
- 5 bd
- 3 ba
- 2,298 sqft
298 Peninsula Point Dr, Montgomery, TX 77356
- Home at address 132 Peninsula Point Dr, Montgomery, TX 77356

Sloane II
$459,999
- 3 bd
- 3.5 ba
- 2,455 sqft
132 Peninsula Point Dr, Montgomery, TX 77356
- Home at address 136 Peninsula Point Dr, Montgomery, TX 77356

Sloane II
$479,592
- 3 bd
- 3.5 ba
- 2,485 sqft
136 Peninsula Point Dr, Montgomery, TX 77356
- Home at address 294 Peninsula Point Dr, Montgomery, TX 77356

Sloane II
$499,680
- 3 bd
- 3.5 ba
- 2,485 sqft
294 Peninsula Point Dr, Montgomery, TX 77356
- Home at address 124 Peninsula Point Dr, Montgomery, TX 77356

Sloane II
$499,972
- 3 bd
- 3.5 ba
- 2,485 sqft
124 Peninsula Point Dr, Montgomery, TX 77356
- Home at address 140 Peninsula Point Dr, Montgomery, TX 77356

Andrew
$530,000
- 3 bd
- 3.5 ba
- 3,321 sqft
140 Peninsula Point Dr, Montgomery, TX 77356
Community highlights
Explore Waterstone on Lake Conroe, a single-family home community by K. Hovnanian® Homes situated at 140 Peninsula Point Dr, Montgomery, TX 77356. At the moment, the community has a status of Selling. Offering 7 units, including 6 ready-to-move options. Waterstone on Lake Conroe homes size vary between 2,298 and 4,107 square feet on various lot sizes. Costs range from $379,958 up to $639,900.
Community details
Community details
- Builder(s):
- K. Hovnanian® Homes
- Home type:
- Single-Family
- Selling status:
- Selling
- Contract to close:
- 30-45 days
- School district:
- Montgomery Independent School District
Community amenities
- Dining Nearby
- Energy Efficient
- Lake Access
- Gated Community
- Park Nearby
- Multigenerational Homes Available
- Waterfront View
- Walking, Jogging, Hike Or Bike Trails
- Lagoon
- Pavilion
- Pickleball Court
- Master Planned
- Waterfront Lots
- Shopping Nearby
- Community Patio
- Office/Study
About the builder - K. Hovnanian® Homes
Neighborhood
Community address
- City:
- Montgomery
- County:
- Montgomery
- Zip Code:
- 77356
Schools in Montgomery Independent School District
GreatSchools’ Summary Rating calculation is based on 4 of the school’s themed ratings, including test scores, student/academic progress, college readiness, and equity. This information should only be used as a reference. Jome is not affiliated with GreatSchools and does not endorse or guarantee this information. Please reach out to schools directly to verify all information and enrollment eligibility. Data provided by GreatSchools.org © 2025
Places of interest
Getting around
Air quality
Natural hazards risk
Provided by FEMA

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Financials
Estimated monthly payment
Waterstone on Lake Conroe by K. Hovnanian® Homes
We're down to final opportunities, so hurry in! Explore brand new construction homes at Waterstone on Lake Conroe and benefit from a low tax rate. In this master-planned community, choose from a variety of single-family new homes in Montgomery, TX. Experience the best of lake-life living within reach of breathtaking Lake Conroe. Beyond the welcoming gates, homeowners embrace the serene landscape throughout, including tranquil walking paths, tennis and basketball courts, and well-maintained grounds.
One of the unique features of Waterstone on Lake Conroe is our Extra Suite Plus option available on select homes. This innovative design concept is perfect for multi-generational living or those who simply desire additional space. Whether you're accommodating aging parents, adult children, or need a dedicated space for work or hobbies, our Extra Suite Plus provides the flexibility and privacy you need.
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