Thank you for the breakdown! This was exactly what I wanted to know, and it sound pretty nice.
After reading my post, this lake is NOT boring -- but compared to something like Canyon Lake near New Braunfels, Lake Travis near Austin, etc this lake does not have a town to escape to once kids get bored --was my intent. Take your family on a 13 mile (roundtrip) hiking trip around the Peninsula....very scenic. But, don't expect that if it rains that you have something nearby to do.
If you've never been here to PK, definitely come - but, you might consider Possum Kingdom for 2-3 days, then pickup and drive south 4-5 hours south to Canyon Lake/New Braunfels, where we used to live. Beautiful lake but you also have some of the rivers (Comal and Guadalupe) that you can do a several hour float down, caverns, excellent restaurants, etc. Again, not a party lake, but much more to do in your off time.
Places to say on PK:
1. The Cliffs -
Home - The Cliffs
** If you play golf, this is a must play course. Rated #1 in Texas for overall beauty by Golf Magazine several years in a row. Heck, I'll even play a round with ya as I play it all the time. The resort has everything your family will want to do, is on the south side of the lake.
2. Bonita Shores -http://bonitashorespk.com
** This is a great place to be based and where we have our boat on the lift/marina. Gets a little busy here on weekends, has a pretty decent restaurant, but a great little cove for family off the boat. Good centralized location.
3. Golden Cove -
Golden Cove Inc - Graford, Texas - Hotel resort | Facebook
Don't know much about this place other than it's fairly quiet. Do your research.
4. Lush Resort -https://www.possumkingdomlushresort.com
More expensive accommodations, but pretty nice overall. Great spot to be anchored at, have a heated swimming pool and all the water stuff you need.