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About This Home

This 4-bedroom, 5-bathroom single family at 506 Calm Water Cove in Princeton, TX is listed for $1,525,000 ($456 per sqft). Built in 2010, the home offers 3,345 sqft of living space on a 1.07 acres lot.

Agent Description

Welcome to a rare opportunity to own one of the most unique waterfront properties in North Texas, located within the exclusive Princeton Lakes private water-ski community. This isn't just a home-it's a lifestyle built around the water, relaxation, and unforgettable memories.

Imagine stepping into your backyard each morning and being greeted by calm, glass-like water, breathtaking sunsets, and the peaceful sounds of nature. Whether you're an avid water skier, wakeboarder, boater, or simply someone who appreciates serenity.

Nestled on over an acre, this custom estate sits directly on a private ski lake that hosts professional water-ski training and competitions. Launch your boat from your private dock and covered lift, spend the day on the water, then unwind poolside while watching skiers glide across the lake from the comfort of your covered patio with automatic screens.

For boating enthusiasts, water-sports families, outdoor entertainers, and anyone seeking a private retreat from the city, this property offers a lifestyle few homes can match. The oversized four-car garage provides ample space for boats, recreational vehicles.

Inside, over $350,000 in renovations have transformed this home into a showcase of luxury and craftsmanship. Custom cabinetry, Italian porcelain flooring, quartzite countertops, marble accents, Viking appliances, floor-to-ceiling stacked stone fireplace, and stunning rear glass walls.

Energy-efficient features including geothermal heating and cooling, closed-cell foam insulation, and a newer roof help keep utility costs surprisingly low for a home of this caliber. Outside, the heated self-cleaning pool and spa become your personal resort overlooking the water.

Every day feels like a vacation. Properties like this rarely become available. Whether you're a dedicated water-sports enthusiast, a luxury buyer seeking privacy and tranquility, or someone looking for a one-of-a-kind waterfront retreat that most people only dream about.

Key Features

  • Built in 2010
  • 1.07 acre lot
  • 2 stories
  • Fireplace
  • Waterfront

Property Details

2 stories
4 full, 1 half
2010

Amenities

FireplaceWaterfrontA/CRV Parking

Monthly Cost Estimate

$8,543/mo

20% down · 6.5% · 30 years

Principal$1,103
Interest$6,608
Insurance$445
HOA$387

Estimates only. Actual payments may vary.

Location

506 Calm Water Cove

Princeton, TX 75407

Princeton Lakes

Features & Amenities

Interior Features

WetBarBuiltInFeaturesDecorativeDesignerLightingFixturesDoubleVanityEatInKitchenGraniteCountersKitchenIslandOpenFloorplanPantryCableTvVaultedCeilingsWalkInClosets

Exterior Features

BoatSlipDockLightingRainGutters

Property Details

Flooring

VinylTile

Construction

Brick

Pool Features

Patio

Parking

GarageOversizeBoatOpenRV

Heating

Geothermal (Heating)Central

Cooling

GeothermalCentral Air

Appliances

SomeGasAppliancesBuiltInGasRangeBuiltInRefrigeratorDishwasherDisposalGasOvenGasRangeGasWaterHeaterIceMakerMicrowavePlumbedForGasRefrigeratorSomeCommercialGradeVentedExhaustFanWineCooler

Questions & Answers

This 4-bedroom, 5-bathroom single family at 506 Calm Water Cove is listed at $1,525,000 ($456/sqft). The estimated monthly payment is $6,995 based on 20% down at 6.5% interest.

HOA fees are $387/month.

Key features include: Built in 2010, 1.07 acre lot, 2 stories, Fireplace, Waterfront. Interior Features: WetBar, BuiltInFeatures, DecorativeDesignerLightingFixtures. Exterior Features: BoatSlip, Dock, Lighting.

This property is listed by Glen Wyche and can be reached at (214) 295-4888 or rs@viprealtyinfo.com.

GW

Glen Wyche

Agent at VIP Realty

(214) 295-4888

Listed by VIP Realty · View on Broker Site

MLS# 21297148· Source: listhub· Updated today

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

506 Calm Water Cove, Princeton, TX 75407

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