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101 Island Way

Princeton, TX 75407
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Just listedJust listed
4 Bedroom(s)
3 Full Bath(s)
2,735 Sqft
1 Lot Acres
Residential - Single Family

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Description

Experience luxury lakefront living with the convenience of the city in this stunning custom home located in the highly sought-after Princeton Lakes community. Situated on a rare 1-acre waterfront lot, this elegant 4-bedroom, 3-bath residence offers breathtaking panoramic lake views right from your own backyard—creating a peaceful retreat just minutes from shopping, dining, and entertainment. Qualified buyers may receive up to $5,600 in lender credit towards closing costs! The home features two spacious living areas, rich wood flooring, crown molding, and beautiful custom architectural details throughout. The thoughtfully designed split-bedroom layout provides privacy, while the versatile second living area can easily serve as a home office, study, formal living room, or library. At the heart of the home is an inviting open-concept kitchen with a large granite island, granite countertops, and a striking tumbled stone backsplash—perfect for entertaining or everyday living. The luxurious primary suite offers a relaxing sitting area and a spa-like bathroom complete with a garden jetted tub, creating the perfect place to unwind while enjoying tranquil lake views. Additional features include a 3-car garage with built-in cabinets, workbench, and storage, two water heaters, a central vacuum system, and a spacious utility room with a wet sink, cabinetry, and dedicated freezer space. The attic offers excellent potential for a future upstairs conversion, providing even more flexibility. Step outside to enjoy the serene waterfront setting, complete with a wrought iron pet area and full sprinkler system. Residents of Princeton Lakes enjoy exclusive access to four private lakes and are just minutes from Lake Lavon, offering endless opportunities for recreation while still enjoying the convenience of city living. This exceptional property combines peaceful lakefront serenity with modern luxury and everyday convenience—a rare opportunity you won’t want to mis

MLS#
NTREIS-21204056
List Price
$700,000 ($256/Sqft.)
Listing Status
For Sale
Address
101 Island Way
City
Princeton
State
TX
Zip Code
75407
County
Collin County
Subdivision
Princeton Lakes
Legal Description
PRINCETON LAKES (CPN), BLK A, LOT 1
Property Type
Residential - Single Family
Bedroom
4 Bedroom(s)
Bath
3 Full Bath(s)
Garages
3 / Attached,Oversized
Stories
1
Building Size
2,735 Sqft/Appraisal District
Year Built
2001 /Appraisal District
Lot Size
1.00 Lot Acres/Appraisal District
LP / Acre
$700,000 / Acre
Maintenance Fee
$1,380 / Annually

Rooms

Living
13 x 13, 1st
Dining
12 x 13, 1st
Kitchen
16 x 13, 1st
Primary Bedroom
17 x 20, 1st
Bedroom
12 x 11, 1st
Bedroom
12 x 14, 1st
Bedroom
15 x 12, 1st
Utility Room Desc
13 x 6, 1st

Home interior

Number Of Living Area
2
Fireplace
1/Brick,Family Room
Floors
Carpet, Ceramic Tile, Hardwood
Cooling
Central Air, Electric
Heating
Central, Electric, Fireplace(s)
Window
Bay Window(s),Window Coverings
Appliances
Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Washer
Other Equipment
Intercom
Interior
Built-in Features, Cable TV Available, Central Vacuum, Decorative Lighting, Double Vanity, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Kitchen Island, Natural Woodwork, Open Floorplan, Paneling, Pantry, Smart Home System, Sound System Wiring, Walk-In Closet(s), Wired for Data

Home exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Water Amenity
Lake Front - Common Area
Garage Size
23 X 30
Parking
Additional Parking, Concrete, Direct Access, Driveway, Garage, Garage Door Opener, Garage Double Door, Garage Faces Side, Inside Entrance, Kitchen Level, Oversized, Storage, Workshop in Garage
Parking Space
Garage 3 / Carport 0 / Total Covered 3
Fencing
Partial,Wrought Iron
Porch
Covered,Enclosed,Patio
Utility
City Water,Concrete,Electricity Available,Electricity Connected,Individual Water Meter,Private Sewer,Septic
Exterior
Covered Patio/Porch, Rain Gutters, Lighting

Extra details you may need to know

Dwelling Type
Single Detached
Community Features
Boat Ramp,Community Dock,Fishing,Lake

Financial information

Maintenance Fee
$1380/Annually
Maint Fee Includes
Management Fees,Security

Lot Information

Lot Size
1.00 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Listing Broker

Information source

North Texas Real Estate Information Systems, Inc.
Source last updated Jun 11, 2026 at 02:27 AM
Listing last updated Jun 06, 2026 at 06:18 PM
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Cost/Sqft based on tax value

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Estimated Monthly Payments

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Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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