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101 Island Way

Princeton, TX 75407
  • $685,000
  • STATUS: Active
  • ON SITE: 131 Days
  • MLS #: 21204056
UPDATED: 44 min ago
$685,000
  • 4
    BEDS
  • 1
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,735
    SQFT
  • $250
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2001
County:
Area:

School Information

Elementary School:
School District:
Offered by Lisa Vargas of Keller Williams Central: 214-924-9936.

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 miss.

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© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Ally Real Estate. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Ally Real Estate are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-10-16T09:44:18.293.
www.nwlapropertysearch.com/homes/177372478
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101 Island Way Princeton, TX 75407

  • Price: $685,000
  • Status: Active
  • On Site: 131 Days
  • Updated: 44 min ago
  • MLS #: 21204056
4
Beds
3
Baths
0
½ Baths
1
Acres
2,735
SQFT
$250
$/SQFT
2001
Built
Neighborhood:
Princeton Lakes
County:
Collin
Area:
Princeton
Elementary School:
Godwin
School District:
PRINCETON ISD
Property 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 miss.
Exterior Features

Carport Spaces 0 Covered Spaces 3 Exterior Features Covered Patio/PorchRain GuttersLighting Fencing PartialWrought Iron Foundation Slab Housing Type Single Detached Parking Or Garage Additional ParkingConcreteDirect AccessDrivewayGarageGarage Door OpenerGarage Double DoorGarage Faces SideInside EntranceKitchen LevelOversizedStorageWorkshop in Garage Patio And Porch Features CoveredEnclosedPatio Pool On Property No Roof Composition Waterfront Features Lake Front - Common Area Waterfront YN Yes

Interior Features

Appliances DishwasherDisposalDryerElectric CooktopElectric OvenElectric Water HeaterIce MakerMicrowaveRefrigeratorVented Exhaust FanWasher Attached Garage Yes Basement No Cooling Ceiling Fan(s)Central AirElectricZoned Dining Areas 2 Fireplace Features BrickFamily Room Fireplaces 1 Flooring CarpetCeramic TileHardwood Garage Yes Garage Length 23 Garage Width 30 Handicap YN No Heating CentralElectricFireplace(s) Interior Features Built-in FeaturesCable TV AvailableCentral VacuumDecorative LightingDouble VanityFlat Screen WiringGranite CountersHigh Speed Internet AvailableKitchen IslandNatural WoodworkOpen FloorplanPanelingPantrySmart Home SystemSound System WiringWalk-In Closet(s)Wired for Data Kitchen Equipment Intercom Living Areas 2 Rooms Family Room (1 Level) Dining Room (1 Level) Bedroom-Primary (1 Level) Bedroom (1 Level) Bedroom (1 Level) Living Room (1 Level) Kitchen (1 Level) Bath-Primary (1 Level) Bedroom (1 Level) Utility Room (1 Level) Window Features Bay Window(s)Window Coverings

Property Features

Barns1 0 Common Features Boat RampCommunity DockFishingLake HOA Mandatory Hoa Billing Freq Annually Hoa Dues 1380 Hoa Includes Management FeesSecurity HOAManagement Company PRINCETON LAKES PROPERTY OWNERS ASSOCIATION HOAManagement Company Phone 469-214-5544 Levels One Municipal Utility District No Possession Closing/Funding Property Attached Yes Property Type Single Family Residence Senior High School Name Princeton Unexempt Taxes 10006 Utilities City WaterConcreteElectricity AvailableElectricity ConnectedIndividual Water MeterPrivate SewerSeptic Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2026 North Texas Real Estate Information System.


© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Ally Real Estate. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Ally Real Estate are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-10-16T09:44:18.293.
 
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Berkshire Hathaway HomeServices Ally Real Estate
700 Ogilvie Street, Suite B
Bossier City LA, 71111
Offered by Lisa Vargas of Keller Williams Central: 214-924-9936.