Intraneural ganglion cysts have been reported to affect the common peroneal nerve. Peroneal intraneural ganglion cysts are managed through surgical intervention. Despite surgical intervention, intraneural ganglion cysts can recur. Common intraneural ganglion cyst recurrence patterns have been proposed based on the initial surgical management of the cyst. These patterns all emphasize the importance of treatment of the proximal tibiofibular (TF) joint to reduce the risk of cyst recurrence. Although joint resection is the favored intervention in the literature, joint arthrodesis is an option for certain patients. Here, we present a case of a peroneal intraneural ganglion cyst and its recurrence in a 36-year-old male who had previously undergone surgical removal of the cyst three months prior, as well as a review of the current literature that aims to add to our current understanding of intraneural cysts.