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$685,000

101 Island Way

Princeton, TX 75407

Princeton Lakes

MLS #: 21204056

NTREISListing courtesy of Lisa Vargas, TREC License #0627821, Keller Williams Central.

4beds
3baths
2,735sqft
1.00acres

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About This Home

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.

Facts & Features

Year Built2001
Property TypeSingle Family Residence
Garage3-car garage
Fireplaces1
HOAYes
CountyCollin

Schools

ElementaryGodwin
Middle SchoolClark
High SchoolPrinceton

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1518 Wilson Way, Princeton TX 754071518 Wilson Way, Princeton TX 75407 - Photo 21518 Wilson Way, Princeton TX 75407 - Photo 31518 Wilson Way, Princeton TX 75407 - Photo 41518 Wilson Way, Princeton TX 75407 - Photo 5
NTREIS
1/5

$548,500

4 bd | 3 ba | 2,520 sqft

1518 Wilson Way, Princeton TX 75407

Princeton, TX

Listing data last updated Oct 19, 2026

Listing data last updated Oct 19, 2026