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Property Description
Discover this breathtaking lakefront property in an exclusive, master-planned water ski community. Nestled on a 1-acre lot with a private boat dock, enjoy direct access to four pristine, man-made lakes-one of the nation's premier waterski and wakeboard communities. This 4-bedroom, 3.5-bath home features an office, formal dining room, and an eat-in kitchen with gas capabilities. The living area impresses with soaring ceilings, a fireplace, crown molding, and plantation shutters throughout. The first-floor primary suite offers a spa-like, recently updated bath. Upstairs, three additional bedrooms include one with a private ensuite bath, while the other two share a Jack and Jill bath. Step outside to a fenced patio, sparkling pool, and hot tub, all overlooking the stunning lakefront scenery. The boat dock is equipped with a powered boat lift and a rooftop deck for ultimate waterfront enjoyment. A detached, two-story garage-shop (added in 2023) spans 850 sq. ft. and includes an unfinished second floor, perfect for conversion into additional living space, a game room, or extra storage. Experience luxury lakefront living at its finest!
Full Property Details
Full Property Details for 113 Island Way
General
- HOA FEE: $124/month
- HOA FEE FREQ.: Quarterly
- Status: Closed
- Type: Single Family
- Source: NTREIS
- MLS ID: 20986873
- Added to Site: 201 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
- Date Available: 7/1/2025
Interior
- Interior Features: Built-in Features, Eat-in Kitchen, Pantry, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas Starter, Living Room
- Appliances: Some Gas Appliances, Dishwasher, Electric Range, Disposal, Microwave, Plumbed For Gas
- Furnishings: Unfurnished
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Pool Description: In Ground, Pool
- Spa: Yes
- Spa Description: Hot Tub
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior
- Exterior Features: Boat Slip, Dock, Rain Gutters
- Porch/Patio/Deck: Rear Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 6
- Covered Spaces: 6
- Parking Features: Door-Multi, Door-Single, Garage Faces Side
Location
- County: Collin
- Subdivision: Princeton Lakes
- Driving Directions: From Highway 75 traveling North take E University Drive. Turn Right on Island Way. House will be on the Left. Faces SW.
School Information
- Elem School District: Princeton ISD
- Midd School District: Princeton ISD
- High School District: Princeton ISD
- Elementary School: Godwin
- Middle School: Clark
- High School: Princeton
Community
- Association: Yes
- Assoc. Name: Princeton Lakes POA Inc.
- Assoc. Fees Include: All Facilities, Association Management
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Natural Gas
Utilities
- Sewer: Aerobic Septic, Septic Tank
- Water: Public
- Cable Available: Yes
- Utility Description: Electricity Connected, Propane, Septic Available, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Windows: Shutters
- Stories/Levels: 2
- Living Area: 2,712 Sq. Ft.
- Year Built: 2001
Lot Features
- Property View: Water
- Lot Size (Acres): 1.09
- Lot Size (Sq. Ft.): 47,480.4
- Lot Features: Acreage, Back Yard, Interior Lot, Lawn, Landscaped, Subdivision, Sprinkler System
- Fencing (Description): Back Yard, Wrought Iron
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Boat Dock/Slip, Lake Front
- Lake Front: Yes
Financial Considerations
- For Sale/Rent/Lease: For Lease
- Association Fee: $372
- Assoc Fee Freq.: Quarterly
- Security Deposit: $4,000
- Tenant Pays: All Utilities
Disclosures and Reports
- Legal Description: PRINCETON LAKES (CPN), BLK A, LOT 3
- Exclusions: Wire Shelves in both Garages, Tool Rack 2nd Garage. Neg: Drop Down Storage Shelves in Main Gar
- Property ID: R440200A00301
- Block: A
- Lot Number: 3
Listed by Keller Williams Realty DPR, Tammy Watson
Sold by Briggs Freeman Sotheby's Int'l, Andrew Bishkin
Schools
Schools serving 113 Island Way
School District:Princeton Independent School District
| Name | Grades | Distance |
|---|---|---|
Godwin Elementary School 1019 North 6th Street, Princeton, TX 75407 | PK-5 | 2.1 mi |
Clark Middle 301 Panther Parkway, Princeton, TX 75407 | 6-8 | 1.7 mi |
Princeton High School 1000 East Princeton Drive, Princeton, TX 75407 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
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- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 3Total Baths
113 Island Way, Princeton, TX 75407 (MLS# 20986873) is a Single Family property that was sold on August 01, 2025. Want to learn more about 113 Island Way? Do you have questions about finding other real estate for sale or rent in Princeton? You can browse all Princeton rentals or contact a Coldwell Banker agent to request more information.