Listing provided courtesy of Keller Williams Central- MLS# 21204056MLS ProviderContact Information: Lisa Vargas - 214-924-9936

101 Island WayPrinceton, TX 75407

Single Family · 4 Beds · 3 Full Baths · 2,735 Sq. ft. | 1.00 Acres
$700,000 Active

101 Island Way Overview

Visits:
6

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

101 Island Way Facts & Features

  • Type Single Family
  • Sq. ft. 2,735
  • Price/Sq.ft. $256
  • Lot 1.00 Acres

Details

General

Association/HOA

  • Association Fee: 1380.0
  • Association Fee Frequency: Annually
  • Association Fee Includes: Association Management,Security
  • Association Name: PRINCETON LAKES PROPERTY OWNERS ASSOCIATION
  • Association: Yes

School Information

  • School District: Princeton ISD
  • Elementary School: Godwin
  • Middle Or Junior School: Clark
  • High School: Princeton

Building Information

  • Year Built: 2001

Location/Region

  • Country: US
  • County Or Parish: Collin
  • Postal City: PRINCETON
  • Subdivision Name: Princeton Lakes

Community/Development

  • Community Features: Boat Facilities,Dock,Fishing,Lake

Tax Information

  • Tax Annual Amount: 10006.0

General Information

  • Parcel Number: R440200A00101
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 3.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 4

General Information

  • Appliances: Dryer,Dishwasher,Electric Cooktop,Electric Oven,Electric Water Heater,Disposal,Ice Maker,Microwave,Refrigerator,Vented Exhaust Fan,Washer
  • Basement: No
  • Fireplace Features: Family Room,Masonry
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Carpet,Ceramic Tile,Hardwood
  • Foundation Details: Slab
  • Interior Features: Built-in Features,Central Vacuum,Decorative/Designer Lighting Fixtures,Double Vanity,Granite Counters,High Speed Internet,Kitchen Island,Open Floorplan,Pantry,Paneling/Wainscoting,Smart Home,Cable TV,Wired for Data,Natural Woodwork,Walk-In Closet(s),Wired for Sound
  • Levels: One
  • Living Area: 2735.0
  • Other Equipment: Intercom
  • Stories: 1
  • Window Features: Bay Window(s),Window Coverings

Exterior

Parking Information

  • Parking Features: Additional Parking,Concrete,Door-Multi,Direct Access,Driveway,Garage,Garage Door Opener,Inside Entrance,Kitchen Level,Oversized,Garage Faces Side,Storage,Workshop in Garage

Lot Information

  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Size Square Feet: 43560.0
  • Lot Size Units: Acres
  • Water Source: Public

Waterfront/View

  • Waterfront: Yes

Building Exterior/Construction

  • Architectural Style: Detached
  • Attached Garage: Yes
  • Patio And Porch Features: Enclosed,Patio,Covered
  • Property Attached: Yes
  • Roof: Composition
  • Structure Type: House

General Information

  • Carport: No
  • Covered Spaces: 3.0
  • Exterior Features: Lighting,Rain Gutters
  • Fencing: Partial,Wrought Iron
  • Pool Features: None
  • Sewer: Private Sewer,Septic Tank
  • Utilities: Electricity Available,Electricity Connected,Sewer Available,Septic Available,Separate Meters,Water Available,Cable Available

Room Information

Room: Bedroom

  • Level: First
  • Dimensions: 15 x 12
  • Length: 15.0
  • Width: 12.0
  • Features: Split Bedrooms

Room: Bedroom

  • Level: First
  • Dimensions: 12 x 14
  • Length: 12.0
  • Width: 14.0
  • Features: Split Bedrooms

Room: Bedroom

  • Level: First
  • Dimensions: 12 x 11
  • Length: 12.0
  • Width: 11.0
  • Features: Split Bedrooms

Room: Dining Room

  • Level: First
  • Dimensions: 12 x 13
  • Length: 12.0
  • Width: 13.0

Room: Family Room

  • Level: First
  • Dimensions: 16 x 18
  • Length: 16.0
  • Width: 18.0
  • Features: Fireplace

Room: Kitchen

  • Level: First
  • Dimensions: 16 x 13
  • Length: 16.0
  • Width: 13.0
  • Features: Kitchen Island,Pantry,Stone Counters

Room: Living Room

  • Level: First
  • Dimensions: 13 x 13
  • Length: 13.0
  • Width: 13.0

Room: Primary Bathroom

  • Level: First
  • Dimensions: 12 x 12
  • Length: 12.0
  • Width: 12.0
  • Features: Double Vanity

Room: Primary Bedroom

  • Level: First
  • Dimensions: 17 x 20
  • Length: 17.0
  • Width: 20.0
  • Features: Walk-In Closet(s)

Room: Utility Room

  • Level: First
  • Dimensions: 13 x 6
  • Length: 13.0
  • Width: 6.0

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

101 Island Way Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

101 Island Way Market Data

Based on the last 30 days in this zip code

$338,509
Average List Price
$172
Average Price per Square Foot
108
Properties Sold
169
Average Days on Market
1,025
Properties for Sale
Calculations provided by Reliance Network


Prosperity Home Mortgage, LLC

Prosperity Home Mortgage, LLC

When you decide to buy a home or refinance your mortgage, your search should start and end here. At Prosperity Home Mortgage, LLC, we strive to create an extraordinary customer experience through the efforts of knowledgeable and caring mortgage professionals where relationships are valued, and the focus is on treating every client as if they were the only client. Choose a lender you can trust to find the mortgage loan that best suits your needs.


HomeServices Insurance

HomeServices Insurance

HomeServices Insurance is an independent agency that operates through a network of offices located throughout the northern Texas area.  As a full-service operation, we offer a full suite of quality insurance solutions including home, auto, umbrella, and more.  We have established long term relationships with many of the top national and regional carriers in the country, bringing you the power of choice when it comes to your personal insurance needs.