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506 Calm Water Cove, Princeton, Texas– $1,525,000
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  • 4 Beds
  • 4.1 Baths
  • 3,345 Sqft
  • 3 Garages
  • 1.07 Acres
  • 2010 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • 4 Beds
  • 4.1 Baths
  • 3,345 Sqft
  • 3 Garages
  • 1.07 Acres
  • 2010 Year Built
  • Study
  • Game Room
  • Media
  • Pool

506 Calm Water Cove
Princeton, Texas 75407-5480

County: Collin Princeton Lakes

Experience one of North Texas' most extraordinary waterfront estates in the exclusive **Princeton Lakes** private water-ski community. Set on over one acre with direct frontage on a pristine private ski lake, this custom home offers a lifestyle few properties can match. Designed for boating and water-sports enthusiasts, enjoy your private dock with covered boat lift, heated self-cleaning pool and spa, expansive covered patio with automatic screens, and breathtaking sunset views over the water. Inside, over $350,000 in luxury renovations showcase custom cabinetry, Italian porcelain flooring, quartzite and marble countertops, Viking appliances, a dramatic floor-to-ceiling stacked stone fireplace, and expansive glass walls that capture stunning lake views. An oversized three-car garage provides ample room for boats, RVs, and recreational vehicles, while geothermal heating and cooling, closed-cell foam insulation, and a newer roof deliver exceptional energy efficiency. Whether you're an avid water-skier, boater, or simply seeking an exclusive waterfront retreat, this is a rare opportunity to own one of the most unique luxury properties in North Texas. Go and show

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Tax Value @ 100% of Sales Price, HOA Included
Tax Value @ 85% of Market Value, HOA Not Included

Essential Information

  • Price$1,525,000
  • Est. Payment /m
  • Cumulative Days on MarketUnlock
  • MLS® #21297148
  • Bedrooms4
  • Bathrooms4.10
  • Square Footage3,345
  • Acres1.07
  • Year Built2010
  • Built Desc.Preowned
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleContemporary/Modern
  • StatusActive
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Quick Valuation Analysis from 10 Active and 2 Sold Listings

Pricing Trends from 10 Active Listings in Princeton Lakes

This Home's Price $1,525,000 This Home's Price Per SqFt $
Average Price $950,350 Average Price Per SqFt $
Highest Price $1,525,000 Highest Price Per SqFt $
Lowest Price $654,900 Lowest Price Per SqFt $

Pricing Trends from 2 Sold Listings in Princeton Lakes

This Home's Price $1,525,000 This Home's Price Per SqFt $
Average Price $812,458 Average Price Per SqFt $
Highest Price $920,000 Highest Price Per SqFt $
Lowest Price $704,916 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address506 Calm Water Cove
  • SubdivisionPrinceton Lakes
  • CityPrinceton
  • CountyCollin
  • StateTexas
  • Zip Code75407-5480
  • HOAMandatory
  • HOA Fees$387
  • HOA Fees FrequencyQuarterly
  • FeaturesBoat Ramp, Lake, Perimeter Fencing
  • UtilitiesAerobic Septic, City Water, Electricity Connected, Individual Gas Meter, Individual Water Meter, Private Water
  • Taxes14686

Amenities

  • SecurityCarbon Monoxide Detector(s), Smoke Detector(s)
  • # of Garages3
  • GaragesAdditional Parking, Boat, Concrete, Enclosed, Epoxy Flooring, Garage, Garage Door Opener, Garage Double Door, Garage Faces Side, Oversized, RV Garage
  • WaterfrontYes
  • WaterfrontDock – Covered, Lake Front, Personal Watercraft Lift
  • Has PoolYes
  • PoolIn Ground, Outdoor Pool, Pool/Spa Combo

Interior

  • Interior FeaturesBuilt-in Features, Built-in Wine Cooler, Cable TV Available, Decorative Lighting, Double Vanity, Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • AppliancesIrrigation Equipment
  • FloorsLuxury Vinyl Plank, Tile
  • FireplaceYes
  • # of Fireplaces1
  • FireplacesFamily Room, Masonry

Exterior

  • Exterior FeaturesBoat Slip, Covered Patio/Porch, Dock, Rain Gutters, Lighting, RV/Boat Parking
  • FenceBack Yard, Metal

Construction Details / Floorplan

  • Living Areas2
  • Dining Rooms1
  • Full Baths4
  • Half Baths1
  • RoofAsphalt
  • FoundationBrick/Mortar, Slab
  • ConstructionBrick

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingCentral, Geothermal

Private Listing Information (Registration Required)

Listing Details

  • AgentGlen Wyche
  • OfficeVip Realty

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Listing information last updated on October 22nd, 2026 at 2:34pm CDT.