24 MICHAEL WAYPENNINGTON, NJ 08534

Single Family · 5 Beds · 6 Full Baths · 1 Half Bath · 6,978 Sq. ft. | 9.80 Acres
$1,999,000 ACTIVE

24 MICHAEL WAY Overview

Time on Site:
60 days
Visits:
0

On a private drive shared by just three homes, this estate property makes an unforgettable first impression that continues well beyond the front door. This is a home designed for gathering, for celebration, for everyday life to unfold in exquisitely considered spaces. Set on nearly ten acres, it offers a rare combination of openness, privacy and quietude. An expansive pavilion with a full outdoor kitchen and the adjacent pool and hot tub anchor the outdoor experience in the backyard. Substantial in scale and thoughtfully designed, it provides an ideal setting for both large gatherings and relaxed summer afternoons. Inside, three finished levels are thoughtfully connected. The lower level opens directly to the backyard, allowing life to move seamlessly between indoors and out. A full bath, kitchenette, gym, games area, media room and even a ping-pong room create a self-contained space that keeps wet feet off the main living areas above. Upstairs, the kitchen stands as both a centerpiece and a gathering place, with two generous islands, one that seats twelve. Every detail supports both daily living and entertaining to the highest degree, from the dual dishwashers and sinks to the suite of professional-grade appliances, refrigeration drawers, and warming features, ensuring every moment runs smoothly. An adjacent sitting room with a fireplace offers a quiet place to begin the day, while the family room extends the sense of comfort with its own hearth and connection to a bright sunroom that invites creativity and calm. The dining room adds a sense of occasion with coffered ceilings and inlaid floors. Nearby, a home office shares a dual-sided fireplace with the living room, creating a refined space for work. A first-floor bedroom and full bath provides flexibility for guests. The second floor unfolds with a sense of privacy and refinement. The primary suite occupies its own wing and provides the ultimate indulgent retreat with two bathrooms featuring a shared Japanese soaking tub, two expansive dressing rooms, a fireplace, and a private balcony. Three additional bedrooms are thoughtfully arranged around a central lounge with built-in desks. Each bedroom connects directly to a bathroom, and a second-floor laundry room adds ease to daily routines. Along the central hallway, custom shelving invites books and collections to become part of the home's story. Located just minutes from downtown Princeton, bordering Pennington Borough, and close to major highways and transportation, this is a rare opportunity to enjoy estate living in one of the area's most desirable settings.

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24 MICHAEL WAY Facts & Features

  • Type Single Family
  • Sq. ft. 6,978
  • Price/Sq.ft. $286
  • Lot 9.80 Acres

Details

General

Association/HOA

  • Association Fee: $1.00
  • Association Fee Frequency: Unknown
  • Association Fee Includes: Road Maintenance, Snow Removal
  • Association Name: MICHAEL WAY ASSOCIATION
  • Association: Yes
  • Condo/Coop Association: No

School Information

  • Elementary School: BEAR TAVERN E.S.
  • Middle Or Junior School: TIMBERLANE M.S.
  • High School: HOPEWELL

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • Builder Name: FACOMPRE DEVELOPMENT
  • New Construction: No
  • Pool: Yes - Personal
  • Total SQFT: 6978
  • Year Built: 2007

Location/Region

  • Country: US
  • County: MERCER
  • County Or Parish: MERCER
  • MLS Area Major: Hopewell Twp (21106)
  • Subdivision Name: EDGEBROOK ESTATES

Parking Information

  • Total Parking Spaces: 3
  • Type of Parking: Attached Garage,Driveway,Off Street

Rent/Lease Information

  • Lease Considered: No

Tax Information

  • City/Town Tax Payment Frequency: Annually
  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $56,128.00
  • Tax Assessed Value: 1726500.00
  • Tax Year: 2025

General Information

  • Inclusions: See listing agent.
  • Municipal Trash: No
  • Property Type: Residential
  • School District Name: HOPEWELL VALLEY REGIONAL SCHOOLS
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: VRC

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas

Parking Information

  • Garage Features: Additional Storage Area,Garage - Side Entry
  • Garage Spaces: 3.00
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 6
  • Bathrooms Full Main Level: 1
  • Bathrooms Half: 1
  • Bathrooms Half Main Level: 1
  • Bathrooms Total: 7
  • Bedrooms Total: 5

Building Exterior/Construction

  • Structure Type: Detached

Building Interior

  • Above Grade Finished Area: 6978
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: Yes
  • Hot Water: Natural Gas
  • Laundry Type: Upper Floor,Has Laundry

General Information

  • Accessibility Features: None
  • Appliances: Built-In Microwave, Built-In Range, Central Vacuum, Dishwasher, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Oven - Wall, Refrigerator, Stainless Steel Appliances, Washer, Water Heater, Microwave, Range Hood, Oven/Range - Gas, Six Burner Stove
  • Cooling: Central A/C, Zoned
  • Fireplace: No
  • Flooring: Hardwood, Tile/Brick
  • Foundation Details: Concrete Perimeter
  • Interior Features: Kitchen - Island, Bathroom - Soaking Tub, Built-Ins, Ceiling Fan(s), Central Vacuum, Crown Moldings, Entry Level Bedroom, Family Room Off Kitchen, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Gourmet, Pantry, Primary Bath(s), Walk-in Closet(s), Water Treat System, Wood Floors, Bathroom - Tub Shower, Recessed Lighting, Wet/Dry Bar, Additional Stairway, Kitchenette
  • Levels: 2
  • Living Area: 6978
  • Living Area Source: Assessor
  • Main Level Bathrooms: 2.00
  • Main Level Bedrooms: 1
  • Rooms Total: 15

Room Information

  • Room List: Living Room,Dining Room,Primary Bedroom,Sitting Room,Bedroom 2,Bedroom 3,Bedroom 4,Bedroom 5,Kitchen,Game Room,Family Room,Exercise Room,Mud Room,Other,Office,Recreation Room,Utility Room,Bonus Room,Hobby Room

Exterior

Parking Information

  • Parking Features: Asphalt Driveway, Circular Driveway

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Features: Cul-de-sac, Irregular
  • Lot Size Acres: 9.80
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 426888.00
  • Lot Size Units: Square Feet
  • Road Responsibility: Private,HOA
  • Water Source: Well

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Colonial
  • Construction Materials: Frame
  • Patio And Porch Features: Porch(es), Balcony, Patio(s)
  • Roof: Shingle

General Information

  • Exterior Features: BBQ Grill, Chimney Cap(s), Extensive Hardscape, Exterior Lighting, Roof Deck
  • Fencing: Partially
  • Other Structures: Above Grade,Below Grade
  • Pool Features: In Ground, Pool/Spa Combo
  • Sewer: On Site Septic
  • Utilities: Natural Gas Available,Under Ground,Cable TV Available,Propane
  • Water Access: No

24 MICHAEL WAY Neighborhood

Community

08534 (PENNINGTON) Demographics

43
Median Age
596
Population Density (per sq. mile)
77%
College Educated
$133,818
Estimated Median Income
4,049
Estimated Total Home Owners
732
Estimated Total Renters
85% / 15%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

24 MICHAEL WAY Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

24 MICHAEL WAY Market Data

Based on the last 30 days in this zip code

$780,908
Average List Price
$396
Average Price per Square Foot
25
Properties Sold
73
Average Days on Market
113
Properties for Sale
Calculations provided by Reliance Network

24 MICHAEL WAY History

Date Event Value Agent
5/15/2026Source: BRIGHT MLS Price Reduction
$1,999,000 -12.9%
4/30/2026Source: BRIGHT MLS Added to Database
April 30, 2026
Listing provided courtesy of Callaway Henderson Sotheby's Int'l-Princeton- MLS# NJME2075746MLS ProviderContact Information: [email protected] - 6099211050