- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
- Nearby Homes
$685,000
Monthly Est:$3,409
4 Beds
- 3 Baths
3 full baths
2,735sqft
101 Island Wy, Princeton, TX 75407
$685,000
$3,409/moEst:
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Single Family Residence
Built in 2001
$115/mo HOA
1 acre lot
$250/sq.ft
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.
- Houzeo last checked: 9 minutes ago
- Listing updated: September 10, 2026 at 3:21 pm
- Listing Provided by: Lisa Vargas (214) 924-9936 | Keller Williams Central (469) 467-7755
- Source: NTREIS MLS-TX | MLS#: 21204056

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
--
Year Built
2001
HOA Fees
$115/mo
Finished Area
2,735 sqft
Lot Size
1 acre lot
Basement Area
- sqft
MLS Name
NTREIS MLS
MLS Number
21204056
MLS Status
Active
Cumulative Days on Market
99

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Location
HOA Management
PRINCETON LAKES PROPERTY OWNERS ASSOCIATION
HOA Fees
$1,380/ Annually
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Security Guard
AssociationManagement
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
UtilityRoom
Level: First
Area: 78.00 Square Feet
Dimensions: 13 x 6
Bedroom
Level: First
Area: 180.00 Square Feet
Dimensions: 15 x 12
PrimaryBathroom
Level: First
Area: 144.00 Square Feet
Dimensions: 12 x 12
Kitchen
Level: First
Area: 208.00 Square Feet
Dimensions: 16 x 13
LivingRoom
Level: First
Area: 169.00 Square Feet
Dimensions: 13 x 13
Bedroom
Level: First
Area: 168.00 Square Feet
Dimensions: 12 x 14
Bedroom
Level: First
Area: 132.00 Square Feet
Dimensions: 12 x 11
PrimaryBedroom
Level: First
Area: 340.00 Square Feet
Dimensions: 17 x 20
DiningRoom
Level: First
Area: 156.00 Square Feet
Dimensions: 12 x 13
FamilyRoom
Level: First
Area: 288.00 Square Feet
Dimensions: 16 x 18
Interior
Cooling
Central Air, Ceiling Fans, Electric, Zoned
Exterior Features
Lighting, Rain Gutters
Sewer
Private Sewer, Septic Tank
Window Features
Bay Windows, Window Coverings
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 Closets, Wired For Sound
Flooring
Carpet, Ceramic Tile, Hardwood
Heating
Central, Electric, Fireplaces
Appliances
Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Washer
Construction
Year Built
Year Built: 2001
Home type
Single Family Residence
Roof
Composition
Foundation Details
Slab
Architectural Style
Detached
Utilities & Energy
Fireplace Features
Family Room, Masonry
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
Pool Features
None
Water Source
Public
Utilities
Electricity Available, Electricity Connected, Sewer Available, Septic Available, Separate Meters, Water Available, Cable Available
Other Features
Subdivision Name
Princeton Lakes
Community Features
Boat Facilities, Dock, Fishing, Lake
Patio And Porch Features
Enclosed, Patio, Covered
Price History
| Date | Event | Price |
|---|---|---|
06/06/2026 Source: | Price Decreased | $685,000 -2.14% $250/sqft |
06/06/2026 Source: | Listed for Sale | $700,000 $256/sqft |
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Based on information from the North Texas Real Estate Information Systems, Inc., through Oct 10, 2026, 04:30PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.
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