101 Island Way, Princeton, TX 75407
Local realty services provided by:ERA Empower
Listed by: lisa vargas
Office: keller williams central
MLS#:21204056
Source:GDAR
Price summary
- Price:$700,000
- Price per sq. ft.:$255.94
- Monthly HOA dues:$115
About this home
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 miss....
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Home facts
- Year built:2001
- Subdivision & Development:Princeton Lakes
- Listing ID #:21204056
- Added:92 day(s) ago
- Updated:September 07, 2026 at 11:51 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Ceramic Tile, Hardwood
- Kitchen Description:Dishwasher, Disposal, Electric Cooktop, Electric Oven, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan
- Living area:2,735 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric, Zoned
- Heating:Central, Electric, Fireplaces
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:2001
- Building area:2,735 sq. ft.
- Lot area:1 Acres
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Princeton
- Middle school:Clark
- Elementary school:Godwin
Finances and disclosures
- Price:$700,000
- Price per sq. ft.:$255.94
- Tax amount:$10,006
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Washer
- Laundry features:Dryer, Washer
- Amenities:Bay Windows, Intercom, Window Coverings
Parking
- Garage:Yes
- Garage spaces:3
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