521 Lake Drive

Princeton, NJ 08540

$3,150,000
Price
6
Beds
5
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Pristine views across Lake Carnegie and direct access to the water make this stunning
Riverside home on a full acre positively irresistible. Fortunate residents have been so
enamored, in fact, that the property has changed hands only once! The current owners
greatly expanded the interior to create bright, functional spaces that maximize views. Choose your favorite spot to watch birds and boats glide over the serene water: the
living room’s wide window seat or a bank of windows beside the breakfast table.
...Pristine views across Lake Carnegie and direct access to the water make this stunning
Riverside home on a full acre positively irresistible. Fortunate residents have been so
enamored, in fact, that the property has changed hands only once! The current owners
greatly expanded the interior to create bright, functional spaces that maximize views. Choose your favorite spot to watch birds and boats glide over the serene water: the
living room’s wide window seat or a bank of windows beside the breakfast table. Invite
friends to spectate as elite athletes prepare for world-class regattas. There’s room for all
on the Trex deck, the stone patio below and out on the lawn, gently easing down toward
the water. The home’s charming, nestled-in façade belies an airy interior with more
space than imaginable, including a multi-room lower level with a game room and a
fireplace. A gas fireplace provides easy ambiance in the open family room above. Updates to the kitchen over the last several years include quartz countertops, new
appliances and new lighting. The nearby mudroom is more than ample and opens to an
absolutely spotless garage. The private areas of the first floor can be found down a
quiet corridor. A den and an office offer more lovely views and a guest suite is perfectly
suited for extended stays. The upper level was carefully planned so that separate pairs
of bedrooms each share a roomy bath and the primary suite is a three-room sanctuary. The primary’s skylit sitting room opens to a dressing room for two and a bath with more
quartz countertops and a spa tub. There are still more secondary spaces to discover
and use as you please. A superb setting, abundant space and an overall warmth that’s
undeniably tasteful and timeless are a magical combination that won’t be found again!
  1. Listed by Maura Mills • Callaway Henderson Sotheby's Int'l-Princeton
    P: 6099475757 mmills@callawayhenderson.com

Property Details for 521 Lake Drive

Tax ID Number
14-08801-00003
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Traditional
Levels/Stories
2
Waterfront
Yes

Location

Listing Courtesy of Callaway Henderson Sotheby's Int'l-Princeton
Add your commute
LISTING UPDATED: 04/25/2024 05:47 PM

Property Details for 521 Lake Drive

StatusActive Under Contract
MLS #NJME2041594
Days on Market9
Taxes$52,507 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built1957
Lot Size1.00 AC / 43,560 SF
CountyMercer County

Location

Listing Courtesy of Callaway Henderson Sotheby's Int'l-Princeton
Add your commute

Virtual Tour

Building Information for 521 Lake Drive

Stories2Year Built1957Building Size-Lot Size1.00 AC / 43,560 SF

Payment Calculator

$21,566 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,191

Property Taxes

$4,376

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 521 Lake Drive

Location
Location
  • School District Name: PRINCETON REGIONAL SCHOOLS
  • School District County ID: 300200396175
  • SchoolDistrictSource: Listing Agent
  • Elementary School: RIVERSIDE (MERCER NJ)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: PRINCETON (MERCER NJ)
  • MiddleSchoolSource: Listing Agent
  • High School: PRINCETON (MERCER NJ)
  • HighSchoolSource: Listing Agent
  • County: MERCER
  • MLS Area: Princeton (21114)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: Yes
  • Water Access: Yes
  • Water Oriented: Yes
  • Navigable Water: No
  • Tidal Water: No
  • Water Body Name: Lake Carnegie
  • Water Body Type: Lake
  • Water Frontage In Feet: 191.0
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $2,088,600
  • County Tax: $0
  • Improvement Assessed Value: $771,100
  • City Town Tax: $0
  • Land Assessed Value: $1,317,500
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: R5
  • Tax Lot: 00003
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Rooms
Main
  • # Bedrooms Count Main Level: 1
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 2
  • # Bathrooms Half Main Level: 0
All Upper Levels
  • # Bedrooms Count All Upper Levels: 5
  • # Bathrooms Count All Upper Levels: 3
  • # Bathrooms Full All Upper Levels: 3
Upper Level 1
  • # Bedrooms Count Upper Level: 5
  • # Bathrooms Count Upper Level: 3
  • # Bathrooms Full Upper Level: 3
All Lower Levels
  • # Bathrooms All Lower Levels: 1
  • # Bathrooms Half All Lower Levels: 1
Lower Level 1
  • # Bathrooms Lower Level: 1
  • # Bathrooms Half Lower Level: 1
Rooms
  • Room List: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Library, Foyer, Breakfast Room, Laundry, Other, Office, Recreation Room, Storage Room, Utility Room, Bedroom 6, Hobby Room, Primary Bathroom, Full Bath
  • Stories: Lower 1, Main, Upper 1
Rooms Information
Room 1
  • Room Type: Family Room
  • Room Length: 16.0
  • Room Width: 15.0
  • Room Level: Main
  • Room Exists: Yes
Room 2
  • Room Type: Kitchen
  • Room Length: 19.0
  • Room Width: 10.0
  • Room Level: Main
  • Room Exists: Yes
Room 3
  • Room Type: Breakfast Room
  • Room Length: 15.0
  • Room Width: 11.0
  • Room Level: Main
  • Room Exists: Yes
Room 4
  • Room Type: Laundry
  • Room Length: 13.0
  • Room Width: 11.0
  • Room Level: Main
  • Room Exists: Yes
Room 5
  • Room Type: Living Room
  • Room Length: 23.0
  • Room Width: 14.0
  • Room Level: Main
  • Room Exists: Yes
Room 6
  • Room Type: Dining Room
  • Room Length: 22.0
  • Room Width: 13.0
  • Room Level: Main
  • Room Exists: Yes
Room 7
  • Room Type: Foyer
  • Room Length: 12.0
  • Room Width: 11.0
  • Room Level: Main
  • Room Exists: Yes
Room 8
  • Room Type: Library
  • Room Length: 16.0
  • Room Width: 14.0
  • Room Level: Main
  • Room Exists: Yes
Room 9
  • Room Type: Office
  • Room Length: 16.0
  • Room Width: 12.0
  • Room Level: Main
  • Room Exists: Yes
Room 10
  • Room Type: Bedroom 6
  • Room Length: 18.0
  • Room Width: 14.0
  • Room Level: Main
  • Room Exists: Yes
Room 11
  • Room Type: Primary Bedroom
  • Room Length: 19.0
  • Room Width: 17.0
  • Room Level: Upper 1
  • Room Exists: Yes
Room 12
  • Room Type: Sitting Room
  • Room Length: 22.0
  • Room Width: 14.0
  • Room Level: Upper 1
  • Room Exists: Yes
Room 13
  • Room Type: Bedroom 2
  • Room Length: 14.0
  • Room Width: 11.0
  • Room Level: Upper 1
  • Room Exists: Yes
Room 14
  • Room Type: Bedroom 3
  • Room Length: 14.0
  • Room Width: 12.0
  • Room Level: Upper 1
  • Room Exists: Yes
Room 15
  • Room Type: Bedroom 4
  • Room Length: 14.0
  • Room Width: 13.0
  • Room Level: Upper 1
  • Room Exists: Yes
Room 16
  • Room Type: Bedroom 5
  • Room Length: 14.0
  • Room Width: 12.0
  • Room Level: Upper 1
  • Room Exists: Yes
Room 17
  • Room Type: Primary Bathroom
  • Room Length: 16.0
  • Room Width: 11.0
  • Room Level: Upper 1
  • Room Exists: Yes
Room 18
  • Room Type: Full Bath
  • Room Length: 13.0
  • Room Width: 11.0
  • Room Level: Upper 1
  • Room Exists: Yes
Room 19
  • Room Type: Full Bath
  • Room Length: 15.0
  • Room Width: 12.0
  • Room Level: Upper 1
  • Room Exists: Yes
Room 20
  • Room Type: Storage Room
  • Room Length: 13.0
  • Room Width: 12.0
  • Room Level: Upper 1
  • Room Exists: Yes
Room 21
  • Room Type: Other
  • Room Length: 26.0
  • Room Width: 13.0
  • Room Level: Upper 1
  • Room Exists: Yes
  • Room Features: Walk-In Closet(s)
Room 22
  • Room Type: Recreation Room
  • Room Length: 28.0
  • Room Width: 15.0
  • Room Level: Lower 1
  • Room Exists: Yes
Room 23
  • Room Type: Storage Room
  • Room Length: 8.0
  • Room Width: 6.0
  • Room Level: Lower 1
  • Room Exists: Yes
Room 24
  • Room Type: Foyer
  • Room Length: 16.0
  • Room Width: 11.0
  • Room Level: Lower 1
  • Room Exists: Yes
Room 25
  • Room Type: Game Room
  • Room Length: 23.0
  • Room Width: 14.0
  • Room Level: Lower 1
  • Room Exists: Yes
Room 26
  • Room Type: Utility Room
  • Room Length: 26.0
  • Room Width: 16.0
  • Room Level: Lower 1
  • Room Exists: Yes
Room 27
  • Room Type: Hobby Room
  • Room Length: 18.0
  • Room Width: 13.0
  • Room Level: Upper 1
  • Room Exists: Yes
Room 28
  • Room Type: Full Bath
  • Room Level: Main
  • Room Exists: Yes
Building Info
Building Info
  • Year Major Reno Remodel: 2000
  • Total Finished SQFT: .00
  • Total Finished SQFT Source: Estimated
  • Total SQFT: .00
  • Total SQFT Source: Estimated
  • Construction Materials: Brick
  • Roof: Asphalt
  • Flooring Type: Wood, Partially Carpeted
  • Basement Type: Partially Finished, Walkout Level
  • Foundation Details: Block
  • Room and Floor: Bedrooms-Main Level-1, Bathrooms Full-Main Level-1, Bathrooms Full-Main Level-2, Bedrooms-Upper Level 1-1, Bedrooms-Upper Level 1-2, Bedrooms-Upper Level 1-3, Bedrooms-Upper Level 1-4, Bedrooms-Upper Level 1-5, Bathrooms Full-Upper Level 1-1, Bathrooms Full-Upper Level 1-2, Bathrooms Full-Upper Level 1-3, Bathrooms Half-Lower Level 1-1
  • # Bathrooms Full: 5
  • # Bathrooms Half: 1
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Front Yard, Landscaping, Rear Yard, SideYard(s)
  • Fencing: Partially
  • Location Type: Lake
  • Parcel ID: 2145717
Parking
Parking
  • Type Of Parking: Attached Garage
  • Num of Attached Garage Spaces: 2
  • Total Garage Spaces: 2
  • Parking Features: Asphalt Driveway
  • Garage Features: Additional Storage Area, Garage - Side Entry, Inside Access, Garage Door Opener
Interior Features
Interior Features
  • Interior Features: Additional Stairway, Breakfast Area, Built-Ins, Crown Moldings, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Pantry, Primary Bath(s), Recessed Lighting, Stall Shower, Tub Shower, Upgraded Countertops, Walk-in Closet(s), Wood Floors, Soaking Tub
  • Fireplace: Yes
  • Fireplaces Count: 4
  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Oven - Wall, Range Hood, Refrigerator, Stainless Steel Appliances, Water Heater - Tankless
  • Accessibility Features: None
  • Laundry Type: Main Floor
Exterior Features
Exterior Features
  • Exterior Features: Extensive Hardscape, Exterior Lighting, Stone Retaining Walls, Lawn Sprinkler
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C, Zoned
  • Cooling Fuel: Electric
  • Heating Type: Forced Air, Baseboard - Hot Water, Zoned
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Mid Jersey Association of REALTORS
  • List Agent URL: mauramills.callawayhenderson.com

Property History for 521 Lake Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 521 Lake Drive

Taxable ValueLand$1,317,500Additions$771,100Total$2,088,600
Tax Record2022$50,795 ($4,233 / month)
Home Facts
Beds0Total Finished SqFt5,032 SqFtAbove Grade Finished SqFt5,032 SqFtLot Size43,560 SqFtStyleSingle Family ResidenceYear Built1957ZoningR5CountyMERCERAPN14 08801-0000-00003

Schools near 521 Lake Drive

This home is within Princeton Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - 2 to 12
Rating
School
Distance
Riverside Elementary School
PublicPK to 5

J Witherspoon Middle School
Public6 to 8

Princeton High School
Public9 to 12

Newgrange School & Educational
Private2 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Callaway Henderson Sotheby's Int'l-Princeton

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.