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Front exterior of a home in the Waterstone on Lake Conroe community, located in Montgomery, TX (Image 1).
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Waterstone on Lake Conroe by K. Hovnanian® Homes

140 Peninsula Point Dr, Montgomery, TX 77356

from $379,958

💰 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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New homes expertvisited this community
Spacious homes, gated privacy, and lakefront feels offer a luxury retreat vibe with everyday convenience nearby.
Scenic waterfront view with modern homes in Waterstone on Lake Conroe by K. Hovnanian® Homes (Montgomery, TX).
A bright, open living room with high ceilings, modern wall art, a cozy fireplace, and abundant natural light from large windows.
A modern bathroom features a granite countertop, sleek black fixtures, and ambient lighting for a stylish touch.
+7 more
Joelle Ballariel, New Homes Expert photo
Joelle BallarielNew Homes Expert3 buyers helped
Visited on Apr 9, 2025
Lakeside Luxury, Gated Exclusivity
Best for
  • Tech-Savvy Buyers
  • Pet Owners
  • Health & Wellness Focused Buyers
Waterstone on Lake Conroe delivers statement homes with space to spread out. It’s an upscale enclave for buyers who want elegance, privacy, and the perks of gated living—without feeling remote.

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Estimated value based on Jome data, T&C apply

Available homes

Extra incentives may apply to these homes
Pricing and availability are subject to change.
Any
3+ beds
4+ beds
5+ beds
3+ baths
4+ baths

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.

Park Nearby
Walking, Jogging, Hike Or Bike Trails
Shopping Nearby
Dining Nearby
Master Planned
Lake Access
Pavilion
Pickleball Court
Gated Community
Energy Efficient
Waterfront Lots

Community details

Community details

Home type:
Single-Family
Selling status:
Selling
Contract to close:
30-45 days
School district:
Montgomery Independent School District

Community amenities

Functional and recreational spaces are integrated into the master plan of Waterstone on Lake Conroe by K. Hovnanian® Homes. The single-family development offers 16 amenities, providing a range of options for residents. Dining Nearby is one of the amenities within the community available for use. These components are essential to the community's design, offering shared points of interest within the development that complement the private residences.
  • 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

K. Hovnanian® Homes
Guided by a commitment to building communities of excellence since 1959, K. Hovnanian® Homes designs new construction homes for every stage of life. The company’s dedication to energy-efficient construction has been recognized with multiple 2024 U.S. Department of Energy Housing Innovation Awards.

Neighborhood

Community address

140 Peninsula Point Dr, Montgomery, TX 77356
Zip Code:
77356
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Schools in Montgomery Independent School District

The Montgomery Independent School District provides academic instruction for Waterstone on Lake Conroe by K. Hovnanian® Homes, utilizing a system that serves the wider area. Younger children attend Lincoln Elementary, a public option for Elementary grades positioned about 1.1 mi away and listed with a rating of 7. serves students in grades and lies approximately from the community. Older learners attend Montgomery Junior High, which covers Middle grades and is located within 1.3 mi.
GreatSchools.org logo

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

The area surrounding Waterstone on Lake Conroe by K. Hovnanian® Homes features several Business Center locations, adding to the regional diversity. The Energy Corridor is a specific example, located within a drive of approximately 43.4 mi. These venues are part of a larger collection of destinations that serve the area, reflecting a mix of functions and experiences. This assemblage defines the surrounding points of interest.

Getting around

Navigating the area around Waterstone on Lake Conroe by K. Hovnanian® Homes relies on the available street and transit network. Walking conditions are rated Car-Dependent with a Walk Score of 1, helping residents gauge car dependence. Cycling is an alternative mode, reflected in a Bike Score of 20 (Somewhat Bikeable). This helps clarify movement patterns in Montgomery, Texas.
Walk score ®
1 /100
Car-Dependent
Bike score ®
20 /100
Somewhat Bikeable

Air quality

Natural hazards risk

The environmental profile for Waterstone on Lake Conroe by K. Hovnanian® Homes relies on data gathered throughout Montgomery County. This information helps contextualize the physical setting through numerical scores, offering a level of precision that general descriptions cannot match. It allows residents to see the specific values assigned to different environmental components. One of the tracked items, Cold wave, appears with a score of 96.75 and a rating of Very High. This contributes to a factual county-level environmental assessment, ensuring that the view of the region is based on solid evidence.
Riverine flooding99.1
Relatively High
Wildfire84.5
Relatively Low
Hurricane95.8
Relatively High
Earthquake66.6
Very Low
Heat wave0.0
No Rating
Strong wind62.3
Relatively Moderate

Provided by FEMA

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Financials

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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.

Last checked Jan 11, 5:49 pm

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