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Barbara Blackwell

Barbara Blackwell
Princeton Address
Callaway Henderson Sotheby's International Realty
Princeton, NJ 08542

609-915-5000
Contact Me

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$12,000,000 For Sale

601 Prospect Avenue
Princeton, NJ 08540

lot: 18.47 acres | Residential Lots & Land - MLS# 1005948591
Property Photo
1/18

Description

This is one of Princetons 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 estates 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

  • County/Area: Mercer County
  • Directions: Nassau Street to Princeton Kingston Road to second Riverside Drive to corner of Prospect Ave and Riv
  • Listing Status: Active
  • Location Type: Lake
  • Lot Dimensions: 18.47 ACRES, LotWidth:1400
  • Lot Features: Subdivision Possible, Corner
  • Lot Size: 18.4700
  • Lot Size Units: Square Feet
  • Lot SQFT: 804,553
  • Original Listing ID: 7229066
  • Ownership Interest: Fee Simple
  • Photo Option: No Photo per Seller
  • Property Type: Residential Lots & Land
  • Road Responsibility: Boro/Township
  • Road Surface Type: Paved
  • Room List: Master Bedroom
  • Sale Includes: Land Only
  • School District: Princeton Regional Schools
  • Sewer Septic: Public Sewer
  • Sub Type: Residential Lots & Land
  • Subdivision: Riverside
  • Subdivision/Neighborhood: Riverside
  • Topography: Level, Part Wooded
  • Utilities: Water Available, Natural Gas Available, Electric Available
  • Water Body Type: Lake
  • Water Oriented: Yes
  • Water Source: Public
  • Year Built: 1914
  • Year Built Source: Estimated
  • Zip Code: 08540
  • Zoning: R-5
  • Zoning Dscrp: Subject To Zoning
  • View: Water
  • Waterfront: 700 Ft., Yes



Barbara Blackwell | 609-915-5000 | Contact Me
4 Nassau Street - Princeton, NJ 08542
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