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101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
101 Island Way
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$700,000

101 Island Way

4 Beds 3 Baths 2,735 Sq.Ft. 1 Acres

Open House

6/13/2026 11:00AM - 2:00PM CDT

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.

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Location

101 Island Way, Princeton, TX 75407

Status

For Sale
Lisa Vargas

Lisa Vargas

TITLE

Broker Associate

Property Amenities

Interior
Fireplace Family Room, Masonry
Appliances Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Washer
Flooring Carpet, Ceramic Tile, Hardwood
Total Bedrooms: 4
Full Bathrooms: 3
Other 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
Area & Lot
Open house

6/13/2026 11:00AM - 2:00PM CDT

Lot Area 1 Acres
Living area 2,735 Sq.Ft.
MLS® ID 21204056
Year Built 2001
School District Princeton ISD
High School Princeton
Middle School Clark
Elementary School Godwin
Architecture Styles Detached
Type Residential
Status For Sale
Exterior
Stories 1
Pool None
Air conditioning Central Air, Ceiling Fan(s), Electric, Zoned
Heat type Central, Electric, Fireplace(s)
Water Source Public
Garage Space 3.0
Sewer Private Sewer, Septic Tank
Other Exterior Features Lighting, Rain Gutters
Parking Additional Parking, Concrete, Door-Multi, Direct Access, Driveway, Garage, Garage Door Opener, Inside Entrance, Kitchen Level, Oversized, Garage Faces Side, Storage, Workshop in Garage
Roof Composition
Utilities Electricity Available, Electricity Connected, Sewer Available, Septic Available, Separate Meters, Water Available, Cable Available
Finance
Sales Price $700,000
HOA Fees $1,380 yearly
Real Estate Tax $10,006 yearly

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Thank you for your interest in 101 Island Way, Princeton, TX 75407. We are reviewing your request and will be in touch shortly!

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