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$685,000
101 Island Way
Princeton, TX 75407 · MLS #21204056
4Beds
3Baths
2,735Sq Ft
2001Year Built
1.00 acLot Size
3Garage Spaces
Yes: $1,380 · AnnuallyHOA
$10,006Annual Taxes
Single Family ResidenceProperty Type
Princeton LakesSubdivision
CollinCounty
1.00Stories
1Fireplaces
NonePool
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.
What Stands Out
✓ Fenced yard✓ Fireplace✓ Attached garage✓ Walk-in closet
Interior Features
HeatingCentral, Electric, Fireplaces
CoolingCentral Air, Ceiling Fans, Electric, Zoned
FlooringCarpet, Ceramic Tile, Hardwood
FireplaceFamily Room, Masonry
Interior FeaturesBuilt 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 Closets, Wired For Sound
Kitchen, Appliances & Utilities
AppliancesDryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Washer
Other EquipmentIntercom
UtilitiesElectricity Available, Electricity Connected, Sewer Available, Septic Available, Separate Meters, Water Available, Cable Available
Exterior & Lot
FencingPartial, Wrought Iron
ExteriorLighting, Rain Gutters
FoundationSlab
RoofComposition
ParkingAdditional Parking, Concrete, Door Multi, Direct Access, Driveway, Garage, Garage Door Opener, Inside Entrance, Kitchen Level, Oversized, Garage Faces Side, Storage, Workshop In Garage
PoolNone
Rooms & Dimensions
Bedroom
Bedroom
Bedroom
Dining Room
Family Room
Kitchen
Living Room
Primary Bathroom
Primary Bedroom
Utility Room
Schools
ElementaryGodwin
Middle / JuniorClark
High SchoolPrinceton
DistrictPrinceton ISD
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Listing courtesy of Keller Williams Central · Listing agent: Lisa Vargas · MLS #21204056 · Last updated 2026-09-10 15:21:00.173000
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