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Single family home for sale at 101 Island Wy, Princeton, TX 75407 | MLS# 21204056 | Listing updated on 2026-09-10
Photo 1 of Single family home for sale at 101 Island Wy, Princeton, TX 75407 | MLS# 21204056 | Listing updated on 2026-09-10
Photo 2 of Single family home for sale at 101 Island Wy, Princeton, TX 75407 | MLS# 21204056 | Listing updated on 2026-09-10
Photo 3 of Single family home for sale at 101 Island Wy, Princeton, TX 75407 | MLS# 21204056 | Listing updated on 2026-09-10
Photo 4 of Single family home for sale at 101 Island Wy, Princeton, TX 75407 | MLS# 21204056 | Listing updated on 2026-09-10
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$685,000

Monthly Est:$3,409

  • Beds Icon4 Beds
  • Beds Icon
    3 Baths
  • Beds Icon2,735sqft

101 Island Wy, Princeton, TX 75407

$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 NTREIS MLS-TX

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    1

  • County

    Collin County

  • City

    Princeton

  • 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 Security Guard

AssociationManagement 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

DateEventPrice

06/06/2026

Source: mls_logoNTREIS MLS-TX #21204056

Price Decreased

$685,000 -2.14%

$250/sqft

06/06/2026

Source: mls_logoNTREIS MLS-TX #21204056

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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