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Sold for $2,000,000
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  • $2,000,000

    987 Cherry Valley Rd, Princeton, NJ 08540

    4beds
    4,236sqft
    Single Family Residence
    Built in 1989
    5.89 Acres Lot
    $1,879,700 Zestimate®
    $472/sqft
    $8,547 Estimated rent

    Home value

    $1,879,700

    $1.79M - $1.97M

    $8,547/mo

    Zestimate® history
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    What's special

    Triple-rail fencingLong drivewayExtensively renovatedWide center hallBeautifully scaled formal roomsGreen meadowExpansive bluestone terraces
    Set on more than five beautifully landscaped acres, this William Thompson-designed Cape has the kind of setting that instantly slows the pace. A long driveway winds past a green meadow and triple-rail fencing before arriving at a gravel court edged by lush garden beds. Out back, expansive bluestone terraces, a pool, and a spa create a backdrop for summer days that will be hard to leave behind. The house has been extensively renovated, with nearly every space thoughtfully updated while preserving the charm, proportions, and architectural details that make Thompson's homes so enduringly appealing. It feels fresh and current without losing its sense of history. A wide center hall opens to beautifully scaled formal rooms, while the kitchen is designed for both serious cooking and casual gatherings, with Carrara marble countertops, Wolf appliances, a Sub-Zero refrigerator, wine storage, and glass doors leading directly to the terrace. The family room is full of character, with a whitewashed vaulted and beamed ceiling, a brick fireplace, and more doors opening to the outdoors. On warm days, it will be easy to move between the kitchen, family room, pool, and patio without ever feeling disconnected from the action. The primary suite occupies its own wing and unfolds naturally from library to bedroom to dressing room with two walk in closets and bath. Doors open directly near the pool area, making early-morning swims and late-night dips equally tempting. Upstairs, every bedroom with their own updated bath, and a handy laundry room are some of many thoughtful improvements made throughout the home. Few houses manage to feel both gracious and relaxed at the same time, but this one does exactly that!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jane Henderson Kenyon 609-828-1450,

    Callaway Henderson Sotheby's Int'l-Princeton

    Bought with:

    Jud Henderson, 9231366

    Callaway Henderson Sotheby's Int'l-Princeton

    Source: Bright MLS,MLS#: NJME2078738MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Rooms
    • Room types: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Library, Foyer, Laundry, Loft, Recreation Room, Primary Bathroom, Full Bath, Half Bath
    Primary bedroom
    • Features: Primary Bedroom - Sitting Area, Walk-In Closet(s)
    • Level: Main
    • Area: 442 Square Feet
    • Dimensions: 17 X 26
    Bedroom 2
    • Level: Upper
    • Area: 336 Square Feet
    • Dimensions: 16 X 21
    Bedroom 3
    • Level: Upper
    • Area: 260 Square Feet
    • Dimensions: 13 X 20
    Bedroom 4
    • Level: Upper
    • Area: 529 Square Feet
    • Dimensions: 23 X 23
    Primary bathroom
    • Level: Main
    Dining room
    • Level: Main
    • Area: 169 Square Feet
    • Dimensions: 13 X 13
    Family room
    • Features: Fireplace - Other, Built-in Features
    • Level: Main
    • Area: 340 Square Feet
    • Dimensions: 17 X 20
    Foyer
    • Level: Main
    • Area: 150 Square Feet
    • Dimensions: 10 X 15
    Other
    • Level: Upper
    Other
    • Level: Upper
    Other
    • Level: Upper
    Half bath
    • Level: Main
    Kitchen
    • Features: Eat-in Kitchen, Wet Bar, Kitchen Island
    • Level: Main
    • Area: 345 Square Feet
    • Dimensions: 15 X 23
    Laundry
    • Level: Main
    Laundry
    • Level: Upper
    Library
    • Features: Fireplace - Other, Built-in Features
    • Level: Main
    • Area: 255 Square Feet
    • Dimensions: 15 X 17
    Living room
    • Features: Fireplace - Other
    • Level: Main
    • Area: 221 Square Feet
    • Dimensions: 13 X 17
    Loft
    • Features: Balcony Access
    • Level: Upper
    • Area: 98 Square Feet
    • Dimensions: 7 X 14
    Mud room
    • Level: Main
    • Area: 78 Square Feet
    • Dimensions: 6 X 13
    Recreation room
    • Level: Lower
    • Area: 759 Square Feet
    • Dimensions: 23 X 33
    Heating
    • Forced Air, Oil
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Water Heater
    • Laundry: Main Level, Upper Level, Laundry Room, Mud Room
    Features
    • Additional Stairway, Soaking Tub, Bathroom - Walk-In Shower, Bathroom - Tub Shower, Built-in Features, Entry Level Bedroom, Family Room Off Kitchen, Walk-In Closet(s), Bar, Beamed Ceilings, Vaulted Ceiling(s)
    • Flooring: Wood
    • Basement: Partial
    • Number of fireplaces: 3
    Interior area
    • Total structure area: 4,236
    • Total interior livable area: 4,236 sqft
    • Finished area above ground: 4,236
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio
    • Has private pool: Yes
    • Pool features: Private
    • Fencing: Picket,Wood
    Lot
    • Size: 5.89 Acres
    • Features: Front Yard, Landscaped, Open Lot
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 060001500011 08
    • Zoning: MRC
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Foundation: Block
    • Roof: Pitched,Asphalt
    Condition
    • Excellent
    • New construction: No
    • Year built: 1989
    Details
    • Builder name: Robert Adolph

    Utilities & green energy

    • Sewer: On Site Septic
    • Water: Well

    Community & HOA

    Community
    • Security: Security System
    • Subdivision: None Available
    HOA
    • Has HOA: No
    Location
    • Region: Princeton
    • Municipality: HOPEWELL TWP

    Financial & listing details

    • Price per square foot: $472/sqft
    • Tax assessed value: $1,045,300
    • Annual tax amount: $33,982
    • Date on market: 6/9/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    9/15/2026Sold$2,000,000+5.5%$472/sqft
    Source: Bright MLS #NJME2078738 Report a problem
    7/3/2026Pending sale$1,895,000$447/sqft
    Source: Bright MLS #NJME2078738 Report a problem
    6/26/2026Contingent$1,895,000$447/sqft
    Source: Bright MLS #NJME2078738 Report a problem
    6/9/2026Listed for sale$1,895,000+83%$447/sqft
    Source: Bright MLS #NJME2078738 Report a problem
    9/16/2020Sold$1,035,500-5.4%$244/sqft
    Source: Public Record Report a problem
    7/28/2020Pending sale$1,095,000$258/sqft
    Source: Callaway Henderson Sotheby's Int'l-Princeton #NJME298264 Report a problem
    7/11/2020Listed for sale$1,095,000+4.8%$258/sqft
    Source: Callaway Henderson Sotheby's Int'l-Princeton #NJME298264 Report a problem
    9/4/2015Sold$1,045,000-9.1%$247/sqft
    Source: Public Record Report a problem
    6/22/2015Price change$1,150,000-8%$271/sqft
    Source: Callaway Henderson Sotheby's International Realty #6547332 Report a problem
    4/10/2015Price change$1,250,000-3.5%$295/sqft
    Source: Callaway Henderson Sotheby's International Realty #6547332 Report a problem
    4/7/2015Listed for sale$1,295,000$306/sqft
    Source: Callaway Henderson Sotheby's International Realty #6547332 Report a problem
    2/27/2015Listing removed$1,295,000$306/sqft
    Source: Callaway Henderson Sotheby's International Realty #6460989 Report a problem
    9/24/2014Listed for sale$1,295,000$306/sqft
    Source: Callaway Henderson Sotheby's International Realty #6460989 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$31,788 $1,045,300
    2024$31,788 -0.6%$1,045,300
    2023$31,976 $1,045,300
    2022$31,976 +2.5%$1,045,300
    2021$31,202 +2.5%$1,045,300
    2020$30,439 +1.9%$1,045,300
    2019$29,875 +2.8%$1,045,300
    2018$29,059 +2.5%$1,045,300
    2017$28,359 -10%$1,045,300
    2016$31,525 +2.1%$1,045,300 -12.7%
    2015$30,867 +3.4%$1,196,800
    2014$29,861 +3.8%$1,196,800
    2013$28,772 +2.6%$1,196,800
    2012$28,040 +5.2%$1,196,800 -4%
    2011$26,656 +4.9%$1,246,800
    2010$25,422 +3.2%$1,246,800
    2009$24,636 +4.8%$1,246,800
    2008$23,502 -0.5%$1,246,800
    2007$23,614 $1,246,800 +109.8%
    2006-- $594,400
    2005-- $594,400
    2004$17,820 $594,400
    2003-- $594,400
    2002-- $594,400
    2001-- $594,400
    Find assessor info on the county website

    Neighborhood: 08540

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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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    Estimated market value
    $1,879,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,879,700