515 Martin Livestock Road, Princeton, NC 27569
What's special
A rare opportunity for new-construction waterfront living, this exceptional Princeton estate offers approximately 7,955 square feet of finished living space, expansive water views, a private dock, and an impressive collection of spaces designed for everyday living and entertaining, all approximately 35-40 minutes from Raleigh. Set along Holts Pond, the home was thoughtfully designed to make the waterfront setting part of the experience. Expansive rear-facing windows capture the views throughout the home, while custom millwork, coffered ceilings, designer lighting, a striking linear fireplace, and carefully selected finishes create a refined yet inviting interior. At the heart of the home, the kitchen features custom cabinetry, a generous center island, quartz and quartzite surfaces, and Thermador appliances. Designed to accommodate both daily life and larger gatherings, the residence offers five bedrooms, including two primary suites, multiple gathering spaces, a dedicated theater, private office, custom craft/work room, and secondary kitchen. Modern technology and functionality are thoughtfully incorporated throughout the property, including house audio, smart lighting, exterior cameras, EV charging capabilities, extensive storage, and two attached two-car garages. Beyond the approximately 7,955 square feet of finished living space, the home includes approximately 3,840 additional square feet of unfinished space, providing significant flexibility for future expansion, storage, recreation, fitness, additional guest accommodations, or other spaces tailored to the next owner's vision. Outside, professionally landscaped and irrigated grounds extend toward the waterfront and private dock, creating a setting where the home, landscape, and water come together seamlessly. Located in Princeton, North Carolina, approximately 35-40 minutes from Raleigh, 15-20 minutes from Seymour Johnson Air Force Base, and approximately 1.5 hours from Emerald Isle, this property offers a combination rarely found in Eastern North Carolina: new construction, substantial square footage, waterfront living, privacy, and convenient access to Raleigh and the coast. Approximately 7,955 finished sq. ft. | 5 bedrooms | 2 primary suites | Private dock | Theater | Secondary kitchen | 4-car attached garage capacity | Approximately 3,840 unfinished sq. ft. Shown by appointment.
- 182 days
- 840
- 65
Originating MLS: Johnston County Association of REALTORSTravel times
Kitchen
Primary Bedroom
Living Room
Primary Bathroom
Zillow last checked:
Listing updated:
Crystal Braswell 919-795-4558,
LPT Realty
Originating MLS: Johnston County Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Rooms
- Room types: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Other, Office, Dining Room, Living Room, Sunroom, Laundry, Bathroom 1, Bathroom 2, Bathroom 3, Basement, Bathroom 5
Primary bedroom
- Level: Main
- Dimensions: 19.3 x 24.1
Bedroom 2
- Level: Main
- Dimensions: 13.4 x 16
Bedroom 3
- Level: Basement
- Dimensions: 14.8 x 19.7
Bedroom 4
- Level: Basement
- Dimensions: 13.7 x 19.7
Bedroom 5
- Level: Basement
- Dimensions: 13.3 x 18.3
Bathroom 1
- Description: Master Bathroom
- Dimensions: 12 x 18.6
Bathroom 2
- Level: Basement
- Dimensions: 6.1 x 9
Bathroom 3
- Level: Basement
- Dimensions: 7.2 x 9
Bathroom 4
- Level: Basement
- Dimensions: 8.1 x 6
Bathroom 5
- Level: Main
- Dimensions: 11.1 x 6
Dining room
- Level: Main
- Dimensions: 14.4 x 16.5
Kitchen
- Level: Main
- Dimensions: 22.7 x 19.7
Laundry
- Level: Main
- Dimensions: 22 x 8
Living room
- Level: Main
- Dimensions: 24.9 x 24
Office
- Level: Main
- Dimensions: 14.6 x 15.6
Other
- Description: Half Bath
- Level: Main
- Dimensions: 5.7 x 6
Other
- Description: Sitting Room
- Level: Main
- Dimensions: 12.6 x 11.8
Other
- Description: Pantry
- Level: Main
- Dimensions: 15 x 8.5
Other
- Description: Entrance Hall
- Level: Main
- Dimensions: 14.8 x 10
Sunroom
- Level: Main
- Dimensions: 23 x 11.8
Heating
- Propane, Heat Pump, Fireplace(s), Electric
Cooling
- Central Air, Ceiling Fan(s), Heat Pump
Appliances
- Included: Vented Exhaust Fan, Gas Cooktop, Built-In Microwave, Built-In Electric Oven, Freezer, Self Cleaning Oven, Refrigerator, Ice Maker, Dishwasher, Convection Oven, Tankless Water Heater, Cooktop
- Laundry: Dryer Hookup, Washer Hookup, Laundry Room
Features
- Sound System, Walk-in Closet(s), High Ceilings, Entrance Foyer, Bookcases, Kitchen Island, 2nd Kitchen, Ceiling Fan(s), Pantry, Walk-in Shower, Basement, Built-in Features, Eat-in Kitchen, Smart Thermostat, Walk-In Closet(s), Wired for Data
- Flooring: Carpet, Ceramic Tile, Hardwood
- Basement: Finished,Walk-Out Access
- Attic: Floored,Permanent Stairs,Storage,Walk-In
- Number of fireplaces: 1
Interior area
- Total structure area: 7,955
- Total interior livable area: 7,955 sqft
Property
Parking
- Total spaces: 4
- Parking features: Circular Driveway, Attached, Covered, Garage Door Opener, Lighted, Garage
- Attached garage spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Patio & porch: Covered, Patio, Porch, Front Porch
- Exterior features: Irrigation System
- Fencing: None
- Has view: Yes
- View description: Lake, Pond, Water
- Has water view: Yes
- Water view: Lake,Pond,Water
- Waterfront features: Pier, Water Depth 4+, Lake Front, Pond
- Frontage type: Lakefront,Pond Front
Lot
- Size: 1.41 Acres
- Dimensions: 314.28 x 267.55 x 93.01 x 336
- Features: Boat Dock, Lake Privileges, Pier, Water Depth 4+, Cleared, Gentle Sloping, Landscaped, Sprinklers in Front, Sprinklers in Rear
Details
- Parcel number: 04012027d
- Zoning: RAG
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete, Brick, Brick Veneer, Stucco, Wood Frame
- Foundation: Concrete Perimeter
- Roof: Architectural Shingle,Metal
Condition
- New Construction
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Sewer: Public Sewer, Septic Tank
- Water: Public
- Utilities for property: Sewer Connected, Water Connected
Green energy
- Energy efficient items: Lighting, Thermostat
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Lakeview Estates
HOA
- Has HOA: Yes
- Amenities included: Boat Dock, Clubhouse, Pool, Water
- HOA fee: $550 annually
- HOA name: Lakeview Estates Property Owners Association, Inc.
- HOA phone: 919-538-2400
Location
- Region: Princeton
Financial & listing details
- Price per square foot: $327/sqft
- Tax assessed value: $937,450
- Annual tax amount: $5,952
- Date on market: 4/25/2026
- Cumulative days on market: 182 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2026 | Price change | $2,599,000-3.7%$327/sqft |
Source:  Doorify MLS #10162724 Report a problem | ||
| 4/25/2026 | Listed for sale | $2,700,000+3500%$339/sqft |
Source: Doorify MLS #10162724 Report a problem | ||
| 7/24/2008 | Sold | $75,000$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,953 +48.3% | $937,450 +89.1% |
| 2024 | $4,015 +1546.7% | $495,620 +1506% |
| 2023 | $244 -4.8% | $30,860 |
| 2022 | $256 | $30,860 |
| 2021 | $256 +27.2% | $30,860 +24.1% |
| 2020 | $201 | $24,860 |
| 2019 | $201 +4.4% | $24,860 +7% |
| 2018 | $193 | $23,230 |
| 2017 | $193 | $23,230 |
| 2016 | $193 | $23,230 |
| 2015 | $193 | $23,230 |
Monthly payment
Estimated market value
$2,535,300
$2.41M - $2.66M
$4,452/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.