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101 Island Way
Princeton TX 75407 US

$700,000

Active Listing ID 21204056
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4 bed
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3.00 Bath (3 Full)
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Lot: 1.00 Acres
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Single Family Residence

$700,000

Active Listing ID 21204056
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101 Island Way 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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Property Features

  • Facts
  • Lot Size: 1.00 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 3
  • Cooling System: Ceiling Fan(s), Zoned, Central Air, Electric
  • Exterior Finish: Lighting, RainGutters
  • Floor Covering: Tile, Carpet, Hardwood
  • Roof Type: Composition
  • Heating Fuels: Fireplace(s), Central, Electric (Heating)
  • Additional Features
  • Fireplace
  • Patio
  • Waterfront

School Information

  • School
  • Godwin(Elementary)
  • Clark(MiddleSchool)
  • Princeton(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 700000
  • unparsedaddress: 101 Island Way
  • postalcity: Princeton
  • stateorprovince: TX
  • country: US
  • postalcode: 75407
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1
  • lotsizeunits: Acres
  • lotsizearea: 1
  • livingarea: 2735
  • livingareaunits: Square Feet
  • latitude: 33.167453
  • longitude: -96.463761
  • listagentfullname: Lisa Vargas
  • listagentemail: klrw746@kw.com
  • listagentkey: 3yd-NTREIS-0627821
  • listagentmlsid: 0627821
  • listagentpreferredphone: (469) 467-7755
  • listofficekey: 3yd-NTREIS-KELL06
  • listofficemlsid: KELL06
  • disclaimer: Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NTREIS
  • yearbuilt: 2001
  • listagenturl: http://MC746.yourkwoffice.com
  • countyorparish: Collin
  • parcelnumber: R440200A00101
  • elementaryschool: Godwin
  • highschool: Princeton
  • elementaryschooldistrict: Princeton ISD
  • middleorjuniorschooldistrict: Princeton ISD
  • highschooldistrict: Princeton ISD
  • appliances: Dryer, Dishwasher, ElectricCooktop, ElectricOven, ElectricWaterHeater, Disposal, IceMaker, Microwave, Refrigerator, VentedExhaustFan, Washer
  • cooling: Ceiling Fan(s), Zoned, Central Air, Electric
  • flooring: Tile, Carpet, Hardwood
  • heating: Fireplace(s), Central, Electric (Heating)
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Driveway, Garage, Open, Oversize
  • roof: Composition
  • waterfrontyn: True
  • franchiseaffiliation: Keller Williams Realty
  • interiorfeatures: BuiltInFeatures, CentralVacuum, DecorativeDesignerLightingFixtures, DoubleVanity, GraniteCounters, HighSpeedInternet, KitchenIsland, OpenFloorplan, Pantry, PanelingWainscoting, SmartHome, CableTv, WiredForData, NaturalWoodwork, WalkInClosets, WiredForSound
  • exteriorfeatures: Lighting, RainGutters
  • architecturalstyle: Other
  • rooms: Bathroom 2, Family Room, Bedroom 3, Dining Room, Bathroom 3, Utility Room, Bathroom 1, Bedroom 1, Bedroom 2, Laundry Room, Bedroom 4
  • patioandporchfeatures: Patio
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -96.46376, 33.167454
  • openhouse: { "AppointmentRequiredYN": false, "ListingKey": "3yd-NTREIS-21204056", "OpenHouseEndTime": "2026-06-13 14:00:00", "OpenHouseId": "5433837", "OpenHouseRemarks": null, "OpenHouseStartTime": "2026-06-13 11:00:00", "OpenHouseType": null, "VirtualOpenHouseURL": null }
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Central 75", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"klrw746@kw.com", "ListBrokerageCity":"Richardson", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw746@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/NTREIS/5ae26341eae211e18c551231381ba832/20120820161846584.png", "ListBrokerageName":"Keller Williams Central 75", "ListBrokeragePhone":"(469) 467-7755", "ListBrokeragePostalCode":"75080", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"501 W Pres George Bush Hwy #125", "ListBrokerageWebsiteUrl":"http://MC746.yourkwoffice.com", "ListOfficeAddress1":" ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"KELL06", "ListOfficeCity":"Richardson", "ListOfficeCountry":"US", "ListOfficeEmail":"klrw746@kw.com", "ListOfficePostalCode":null, "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Other - Princeton, TX", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/101-Island-Way_Princeton_TX_75407_M82580-42249?f=listhub&s=NTREIS&m=21204056&c=rexren", "MLSModificationTimestamp":"2026-06-13 19:05:06", "Neighborhoods":[{"Description":null, "Name":"Princeton Lakes"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":10006, "TaxDescription":"PRINCETON LAKES (CPN), BLK A, LOT 1", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/13/2026 11:44:45 PM GMT
Source Updated Date: 6/30/2026 12:50:44 AM GMT

Courtesy of: Lisa Vargas, Keller Williams Central, klrw746@kw.com

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.