$12,000,000
Beds:
2
Baths:
3 full, 2 half
Sqft:
10,000
2086 Days On Market -
Courtesy of Barbara J Blackwell, Callaway Henderson Sotheby's Int'l-Princeton
Status:
Active Under Contract
Property Type:
Single Family Residential
Year Built:
1914
Neighborhood:
Riverside
Days On Website:
2086
Description
This is one of Princeton's most beautiful remaining tracts of land offering spectacular views of and access to Lake Carnegie in the coveted Riverside section. Originally a private residence, this gracious stone-sheathed manor home was built in 1914. When the non-profit research firm, Textile Research Institute, sought expansion and closer collaboration with universities after World War II, it purchased this estate in Princeton, a town which was attracting many new research and development companies. TRI-Princeton preserved the stately residence creating within its walls meeting rooms and offices, and the institution has remained a responsible caretaker for this beautiful estate for the past 70 years. The estate's land, originally including more acreage, now encompasses 18.47 acres featuring groves of specimen trees, broad expansive lawns, and a gentle slope to Lake Carnegie. The property is zoned R-5, which allows for the creation of 1/2 acre lots and is easily accessible with broad frontage on both Riverside Drive and Prospect Avenue. The stone manor house can be re-purposed once again or removed depending on the vision of the purchaser. The possibilities are limitless.
Features
Basement
- Full
Bathrooms
- 5 total bathrooms
- 1 bathroom on all lower levels
- 3 bathrooms on all upper levels
- 3 full bathrooms
- 2 half bathrooms
- 1 half bathroom on main level
Bedrooms
- 2 bedrooms on upper levels
- 2 bedrooms
Building
- 10,000 sqft living area
- 10,000 sqft above grade (finished)
- Built in 1914
- Structure Type: Detached
- Wall & Ceiling Types: 9'+ Ceilings
- 3 levels
- Traditional
- Stone
Cooling
- Central Air
- Electric
- Central A/C
- Wall Unit
Fireplaces
- 1 fireplace
- Non-Functioning
Floors
- Tile/Brick
Water Features
- Navigable Water
- Water Access
- Water Body Name: Carnegie Lake
- Water Body Type: Lake
- Water Oriented
- Waterfront Features: Y
Heating
- Natural Gas
- Radiator
Interior Features
- Kitchen - Eat-In
Laundry
- Basement
Listing
- 365 days on market
- $1,200 per sqft
- Property Sub Type: Single Family Residential
Location
- Municipality: PRINCETON
- County: Mercer
- Location Type: Lake
- MLS Area: Princeton (21114)
- Subdivision: Riverside
Lot
- Lot Size Dimensions: 18.47 ACRES
- Open
- Trees/Wooded
- Subdivision Possible
Property
- Other Structures: Above Grade
- Outdoor Living Structures: Patio(s)
Roof
- Pitched
Schools
- School District: PRINCETON REGIONAL SCHOOLS
- Elementary School: RIVERSIDE
- Middle School: J WITHERSPOON
- High School: PRINCETON
Sewer
- Public Sewer
Taxes
- Tax Annual Amount: $75,120
- Tax Year: 2017
Utilities
- Hot Water: Natural Gas
Property Map
Map View
$12,000,000 - 601 Prospect Avenue, Princeton, NJ 08540
Street View
Directions
601 Prospect Avenue
Princeton, NJ 08540
Municipality: PRINCETON
Nearby Schools
Local Sales
This content last updated on April 20, 2024 2:33AM.