Location
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.
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.
Property Details
Price:
$700,000
MLS #:
21204056
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Princeton Lakes
Listed Date:
Jun 6, 2026
Finished Sq Ft:
2,735
Lot Size:
43,560 sqft / 1.00 acres (approx)
Year Built:
2001
Schools
School District:
Princeton ISD
Elementary School:
Godwin
Middle School:
Clark
Interior
Bathrooms Full
3
Cooling
Ceiling Fan(s), Central Air, Electric, Zoned
Fireplace Features
Brick, Family Room
Fireplaces Total
1
Flooring
Carpet, Ceramic Tile, Hardwood
Heating
Central, Electric, Fireplace(s)
Interior Features
Built-in Features, Cable TV Available, Central Vacuum, Decorative Lighting, Double Vanity, Flat Screen Wiring, Granite Counters, High Speed Internet Available, Kitchen Island, Natural Woodwork, Open Floorplan, Paneling, Pantry, Smart Home System, Sound System Wiring, Walk- In Closet(s), Wired for Data
Number Of Living Areas
2
Exterior
Community Features
Boat Ramp, Community Dock, Fishing, Lake
Exterior Features
Covered Patio/Porch, Rain Gutters, Lighting
Fencing
Partial, Wrought Iron
Garage Length
23
Garage Spaces
3
Garage Width
30
Lot Size Area
1.0000
Waterfront Features
Lake Front – Common Area
Financial
See this Listing
Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.
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Community
- Address101 Island Way Princeton TX
- SubdivisionPrinceton Lakes
- CityPrinceton
- CountyCollin
- Zip Code75407
Subdivisions in Princeton
- A E Mcgraw Sub
- A0658
- A0957
- A1049
- Abbey Crossing
- Abbey Crossing At Forest Grove Ph 1a
- Abbey Crossing At Forest Grove Ph 1b
- Abbey Crossing At Forest Grove Ph 2
- Abbey Crossing Ph III
- Abbott Sub 2nd Instl
- ABS A0472 THOS JOUETT
- ABS A0743 JOHN RUSSELL SURVE
- ABS A0863 JACOB SNIVLEY SURVEY, TRACT 8, 4.7951 AC
- ABS A0936 D Van Winkle
- ABS A0936 D VAN WINKLE SURVEY
- ABS A0957 HARDIN WRIGHT SURVEY, SHEET 8, TRACT 430
- Arbor Trails
- Arbor Trails Phase 1
- Arbor Trails South
- Arcadia Farm PH 8
- Arcadia Farms
- Arcadia Farms Ph 1a
- Arcadia Farms Ph 2a
- Arcadia Farms Ph 2b
- Arcadia Farms Ph 3
- Arcadia Farms Ph 4
- Arcadia Farms Ph 5
- Arcadia Farms Ph 6
- Arcadia Farms Ph 7
- Arcadia Farms Ph 8
- Arcadia Farms Ph 9
- Arcadia Farms Ph Ib
- ARCADIA FARMS PH7
- ARCADIA FARMS PHASE 5 CPN, BLK P, LOT 6
- ARCADIA FARMS PHASE 7
- Archer Place #2
- Ashford Crossing Ph 1
- Beauchamp Boulevard
- Belt Add
- Branchwood Estates 2
- Bratonia Cove
- Bridgewater
- Bridgewater Cottage Ph 3
- Bridgewater Ph 1b
- Bridgewater Ph 2
- Bridgewater Ph 3b
- Bridgewater Ph 4a
- Bridgewater Ph 4b
- Bridgewater Ph 4c
- Bridgewater Ph 5
- Bridgewater Ph 6
- Bridgewater Ph 7a
- Bridgewater Ph 8
- BRIDGEWATER PHASE 3A GCN
- Bridgewater Phase 6
- Bridgewater Phase 7B
- BRIDGEWATER PHASE 8 GCN
- Brookside
- Brookside Ph 1a
- Brookside Ph 1b
- Brookside Ph 2
- Brookside Ph 3
- Brookside Phase1B
- CARTER T CLIFT SURVEY
- Cavens South Add
- Centre Point Estates Ph One
- Cherry David
- Clearlake Point Estates
- Clem Add
- Clements Estates
- College Add
- Cope Add 2
- Cope Addition II
- Countryview
- Cravens South Addition
- Creekview
- Creekview Add
- Creekview Addition
- Culleoka
- Culleoka Original Donation
- CULLEOKA RANCHETTES GCN
- Cypress Bend
- Cypress Bend #3
- Cypress Bend 2
- Cypress Bend 3
- CYPRESS BEND NO. 3 CPN
- Cypress Bend Ph 1
- Cypress Creek
- Cypress Creek Cottage
- Cypress Creek Ph 1
- Cypress Creek Ph 2
- Cypress Creek Phase 2
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- De Berry Estates Ph 2
- DE BERRY ESTATES PHASE 2
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- Douthitt Add
- East Ridge
- eastridge
- Eastridge Ph 1a
- Eastridge Ph 1b
- Eastridge Ph 2a
- Eastridge Ph 2b
- Eastridge Phase 2a
- ETJ
- Forest Grove #2
- Forest Grove Ph I
- Forest Park
- Forest Park Ph 2
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- Greenfield
- Greenfield Unrec
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- Hardin Wright Surv
- Hardin Wright Surv Abs #957
- HARDIN WRIGHT SURVEY
- Haven at Tillage Farms
- Hazelwood Lofts Add
- Hidden Valley I
- Hidden Valley II
- High Point Estates
- ISAAC WALTERS SURVEY
- isaac Walyers
- J B Mcclyman Survey
- J Davis Add
- J&M Crank Add
- Jacob Snively Surv Abs #863
- Jb Mcclyman Surv Abs #640
- Jc Neil Surv Abs #658
- John Snyder Survey
- Lake Meadow
- Lake Meadow Ph 1
- Lake Meadow Ph 2
- Lake Meadow Phase 1
- Lake View Farm Add
- Lakeridge Farms
- Lakeside Estates
- Lakewood Add
- Lavon Estates Phase
- Lavon Shores
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- Lost Hwy Add The
- McKissick Meadows
- Montecillo Park
- monticello
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- Monticello Park – Ph 1
- Monticello Park – Ph 2
- Monticello Park Ph 3a
- Monticello Park Ph 4
- MONTICELLO PARK PHASE 3A
- Morning Ridge
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- Murillo Addition
- No
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- Park Trails
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- Park Trails – Ph 1
- Park Trails – Ph 3
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- Park Trails Ph 2
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- Parkview Heights II
- Patriot Place
- POINT SCANLAN ADDITION FIRST INSTALLMENT
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- Princeton
- Princeton Crossroads
- Princeton Estates
- Princeton Estates Ph 1a
- Princeton Heights
- Princeton Heights Ph 2
- Princeton Lakes
- Princeton Meadows South
- Princeton Meadows West
- Princeton Meadows West – Ph I
- Princeton Meadows West-Phaseii
- Princeton Original Donation
- Princeton Parks Ppd Ph Ia
- Princeton Parks TwoCPN
- Princeton Place
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- Ragon Estates
- Ramblewood Ph 1
- RAMBLEWOOD PHASE 1 GCN
- Ranger Crossing
- Ranger Crossing Ph 1a
- Ranger Crossing Ph 1b
- Ranger Crossing Ph 2
- Richland Estates Add
- Rocha Add
- S12487
- S12554
- S12580
- S12604
- S13371
- Said Stone Ests Add
- San Francisco De La Pina Surv
- Scott Wilson Add
- Shamrock Park 4
- Shamrock Park Add 4
- Shamrock Park No 4 GCN, BLK B, LOT 6A-R1&2
- Sicily
- Sicily addition
- SICILY ADDITION PHASE ONE
- Sicily Addition Phase One CPN
- Sicily Lagoon
- Smith Add
- South Park Meadows
- Southern Fields
- Southridge
- Southridge Ph 1
- Stone Estates
- Teak-Wood Creek Estates
- Terry Survey
- TERRY, S. D.
- The Alcove at Tillage Farms
- The Estates MHP
- The Haven at Tillage
- The Haven at Tillage Farm
- The Haven at Tillage Farms
- The Haven At Tillage Farms Ph 1
- THE HAVEN AT TILLAGE FARMS PHASE 1
- The Trails At Riverstone Ph 1
- Tillage Coastline
- Tillage Farm
- Tillage Farms
- Tillage Farms Ph 1
- Tillage Farms Ph 2
- Tillage Farms West
- Timineri Estates
- Town Homes Of Princeton
- Town Park
- Town Park North
- Townhomes at Monticello
- Trails At Riverstone Ph 1 The
- Trails At Riverstone Ph 2, The
- Trails At Riverstone Ph 3, The
- Trails At Riverstone Ph 4, The
- Trails At Riverstone Ph 5
- Trails At Riverstone Ph 5, The
- TRAILS AT RIVERSTONE PHASE 4, THE CPN, BLK K, LO
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- Villas At Monte Carlo Ph Two A
- Villas At Monte Carlo Ph Two B
- Villas Of Monte Carlo
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- Villas Of Monte Carlo Ph One
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- Whitewing Trails
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- Whitewing Trails Ph 2a
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- Wilson Estates
- Winchester Crossing
- Winchester Crossing Ph 1
- Winchester Crossing Ph 2
- Winchester Crossing Ph 3
- Winchester Crossing Ph 4
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Market Summary
Current real estate data for Single Family in Princeton as of Jun 21, 2026
1,051
Single Family Listed
79
Avg DOM
173
Avg $ / SqFt
$339,475
Avg List Price
Property Summary
- Located in the Princeton Lakes subdivision, 101 Island Way Princeton TX is a Single Family for sale in Princeton, TX, 75407. It is listed for $700,000 and features 4 beds, 3 baths, and has approximately 2,735 square feet of living space, and was originally constructed in 2001. The current price per square foot is $256. The average price per square foot for Single Family listings in Princeton is $173. The average listing price for Single Family in Princeton is $339,475. To schedule a showing of MLS#21204056 at 101 Island Way in Princeton, TX, contact your Aaron Layman Properties agent at 940-209-2100.
101 Island Way
Princeton, TX