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For sale
  • Price cut: $296K (5/15)
    $1,999,000

    24 Michael Way, Pennington, NJ 08534

    5beds
    6,978sqft
    : 
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    Single Family Residence
    Built in 2007
    9.8 Acres Lot
    $1,966,800 Zestimate®
    $286/sqft
    $1/mo HOA

    What's special

    Bright sunroomMedia roomSecond-floor laundry roomGames areaDual dishwashers and sinksSuite of professional-grade appliancesPing-pong room
    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.
    60 days
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    1,056
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    55
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    Zillow last checked:

    Listing updated:

    Listed by:

    Amy Schaefer 609-651-5332,

    Callaway Henderson Sotheby's Int'l-Princeton

    Source: Bright MLS,MLS#: NJME2075746MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 7
      • Full bathrooms: 6
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Rooms
      • Room types: Living Room, Dining Room, Primary Bedroom, Sitting Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Family Room, Exercise Room, Other, Office, Recreation Room, Utility Room, Bonus Room, Hobby Room
      Primary bedroom
      • Features: Balcony Access, Bathroom - Walk-In Shower, Ceiling Fan(s), Fireplace - Gas, Walk-In Closet(s)
      • Level: Upper
      • Area: 532 Square Feet
      • Dimensions: 19 X 28
      Bedroom 2
      • Features: Attached Bathroom
      • Level: Upper
      • Area: 210 Square Feet
      • Dimensions: 15 X 14
      Bedroom 3
      • Features: Attached Bathroom
      • Level: Upper
      • Area: 414 Square Feet
      • Dimensions: 18 X 23
      Bedroom 4
      • Features: Attached Bathroom
      • Level: Upper
      • Area: 322 Square Feet
      • Dimensions: 14 X 23
      Bedroom 5
      • Level: Main
      • Area: 187 Square Feet
      • Dimensions: 11 X 17
      Bonus room
      • Level: Lower
      • Area: 336 Square Feet
      • Dimensions: 14 X 24
      Dining room
      • Level: Main
      • Area: 210 Square Feet
      • Dimensions: 15 X 14
      Exercise room
      • Level: Lower
      • Area: 210 Square Feet
      • Dimensions: 14 X 15
      Family room
      • Features: Fireplace - Wood Burning
      • Level: Main
      • Area: 437 Square Feet
      • Dimensions: 19 X 23
      Family room
      • Features: Wet Bar
      • Level: Lower
      • Area: 532 Square Feet
      • Dimensions: 28 X 19
      Game room
      • Level: Lower
      • Area: 336 Square Feet
      • Dimensions: 24 X 14
      Other
      • Features: Built-in Features
      • Level: Main
      • Area: 143 Square Feet
      • Dimensions: 11 X 13
      Kitchen
      • Features: Kitchen - Gas Cooking, Kitchen Island, Granite Counters, Double Sink, Pantry
      • Level: Main
      • Area: 900 Square Feet
      • Dimensions: 30 X 30
      Living room
      • Features: Fireplace - Gas
      • Level: Main
      • Area: 285 Square Feet
      • Dimensions: 19 X 15
      Mud room
      • Level: Main
      • Area: 66 Square Feet
      • Dimensions: 11 X 6
      Office
      • Features: Built-in Features, Fireplace - Gas
      • Level: Main
      • Area: 196 Square Feet
      • Dimensions: 14 X 14
      Other
      • Description: 5TH BED
      • Features: Built-in Features
      • Level: Upper
      • Area: 340 Square Feet
      • Dimensions: 17 X 20
      Recreation room
      • Features: Built-in Features
      • Level: Lower
      • Area: 616 Square Feet
      • Dimensions: 28 X 22
      Sitting room
      • Features: Fireplace - Gas
      • Level: Main
      • Area: 108 Square Feet
      • Dimensions: 9 X 12
      Utility room
      • Level: Lower
      • Area: 165 Square Feet
      • Dimensions: 11 X 15
      Heating
      • Forced Air, Zoned, Natural Gas
      Cooling
      • Central Air, Zoned, Electric
      Appliances
      • Included: Microwave, Built-In Range, Central Vacuum, Dishwasher, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Oven, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater, Range Hood, Oven/Range - Gas, Six Burner Stove, Water Treat System, Gas Water Heater
      • Laundry: Upper Level, Has Laundry, Mud Room
      Features
      • Kitchen Island, Soaking Tub, Built-in Features, Ceiling Fan(s), Central Vacuum, Crown Molding, Entry Level Bedroom, Family Room Off Kitchen, Formal/Separate Dining Room, Eat-in Kitchen, Kitchen - Gourmet, Pantry, Primary Bath(s), Walk-In Closet(s), Bathroom - Tub Shower, Recessed Lighting, Bar, Additional Stairway, Kitchenette
      • Flooring: Hardwood, Tile/Brick, Wood
      • Basement: Finished,Walk-Out Access
      • Has fireplace: No
      Interior area
      • Total structure area: 6,978
      • Total interior livable area: 6,978 sqft
      • Finished area above ground: 6,978
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Storage, Garage Faces Side, Asphalt, Circular Driveway, Attached, Driveway, Off Street
      • Attached garage spaces: 3
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Porch, Patio, Roof Deck
      • Exterior features: Barbecue, Chimney Cap(s), Extensive Hardscape, Lighting, Balcony
      • Has private pool: Yes
      • Pool features: In Ground, Pool/Spa Combo, Private
      • Fencing: Partial
      Lot
      • Size: 9.8 Acres
      • Features: Cul-De-Sac, Irregular Lot
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 060008900005 04
      • Zoning: VRC
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Frame
      • Foundation: Concrete Perimeter
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 2007
      Details
      • Builder name: FACOMPRE DEVELOPMENT

      Utilities & green energy

      • Sewer: On Site Septic
      • Water: Well
      • Utilities for property: Natural Gas Available, Underground Utilities, Cable Available, Propane

      Community & HOA

      Community
      • Subdivision: Edgebrook Estates
      HOA
      • Has HOA: Yes
      • Services included: Road Maintenance, Snow Removal
      • HOA fee: Has HOA fee
      • HOA name: MICHAEL WAY ASSOCIATION
      Location
      • Region: Pennington
      • Municipality: HOPEWELL TWP

      Financial & listing details

      • Price per square foot: $286/sqft
      • Tax assessed value: $1,726,500
      • Annual tax amount: $56,128
      • Date on market: 4/30/2026
      • Listing agreement: Exclusive Right To Sell
      • Inclusions: See Listing Agent.
      • Ownership: Fee Simple

        Estimated market value

        $1,966,800

        $1.87M - $2.07M

        $7,669/mo

        Price history

        DateEventPrice
        5/15/2026Price change$1,999,000-12.9%$286/sqft
        Source: Bright MLS #NJME2075746 Report a problem
        4/30/2026Listed for sale$2,295,000+16.2%$329/sqft
        Source: Bright MLS #NJME2075746 Report a problem
        9/24/2007Sold$1,975,000$283/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$52,503 $1,726,500
        2024$52,503 -0.6%$1,726,500
        2023$52,814 $1,726,500
        2022$52,814 +2.5%$1,726,500
        2021$51,536 +2.5%$1,726,500
        2020$50,276 +1.9%$1,726,500
        2019$49,343 +2.8%$1,726,500
        2018$47,997 +2.5%$1,726,500
        2017$46,840 +2.2%$1,726,500
        2016$45,839 +2.1%$1,726,500
        2015$44,889 +3.3%$1,726,500
        2014$43,439 +3.8%$1,726,500
        2013$41,868 +6.9%$1,726,500
        2012$39,174 +11%$1,726,500 +5.6%
        2011$35,290 -13.6%$1,635,300
        2010$40,859 +3.2%$1,635,300 -17.6%
        2009$39,609 +32.8%$1,984,400 +0.4%
        2008$29,815 $1,977,000

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 08534

        Getting around

        5 / 100
        Car-Dependent
        13 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Bear Tavern E.s.
        • Middle: Timberlane M.s.
        • High: Hopewell
        • District: Hopewell Valley Regional Schools

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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