Listing provided courtesy of Solto Realty- MLS# 21245973MLS ProviderContact Information: Rafael Chavez

1501 Chancellor LaneMcKinney, TX 75072

Single Family · 7 Beds · 7 Full Baths · 1 Half Bath · 9,011 Sq. ft. | 1.50 Acres
$2,490,000 Active Under Contract

1501 Chancellor Lane Overview

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Located in the prestigious Chancellor Creek, this extraordinary estate offers a rare blend of scale, privacy, and resort-style living on nearly 1.5 acres. Just minutes from Stonebridge Ranch Country Club, the property delivers an unmatched lifestyle in one of McKinney’s most sought-after communities. Designed for both grand entertaining and everyday comfort, the main residence spans with expansive living areas, soaring ceilings, and refined finishes throughout. The chef’s kitchen is equipped for elevated hosting, seamlessly connecting to multiple gathering spaces, a media room, and a custom bar area that invites unforgettable evenings at home. A standout feature of the property is the fully equipped guest residence, offering two full size bedrooms each with a private bathroom, private balcony overlooking the backyard, large upstairs mixed use living area, and its own kitchen and living quarters—ideal for multigenerational living, long-term guests, or income-producing opportunities. The primary suite serves as a true retreat, offering generous space and privacy, while additional bedrooms provide flexibility for family, guests, or work-from-home needs. Step outside to your own private resort—complete with a pool and spa, covered outdoor living area, and a sprawling backyard with endless possibilities for recreation and entertaining. Car enthusiasts and entertainers alike will appreciate the expansive 6-car garage, with 10 ft clearance for large vehicles, circular drive, and additional space designed for convenience and function. Zoned to highly acclaimed McKinney Independent School District, this one-of-a-kind estate delivers luxury, versatility, and privacy—all in a prime location.

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1501 Chancellor Lane Facts & Features

  • Type Single Family
  • Sq. ft. 9,011
  • Price/Sq.ft. $276
  • Lot 1.50 Acres

Details

General

Association/HOA

  • Association Fee: 800.0
  • Association Fee Frequency: Annually
  • Association Fee Includes: Security
  • Association Name: Chancellor Creek
  • Association: Yes

School Information

  • School District: McKinney ISD
  • Elementary School: Walker
  • Middle Or Junior School: Faubion
  • High School: Mckinney

Building Information

  • Year Built: 2004

Location/Region

  • Country: US
  • County Or Parish: Collin
  • Postal City: MCKINNEY
  • Subdivision Name: Chancellor Creek

Tax Information

  • Tax Annual Amount: 32407.0

General Information

  • Parcel Number: R452400A013R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 6.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 7
  • Bathrooms Half: 1
  • Bathrooms Total: 8
  • Bedrooms Total: 7

General Information

  • Appliances: Dryer,Dishwasher,Gas Cooktop,Disposal,Gas Oven,Gas Range,Ice Maker,Wine Cooler
  • Basement: No
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Interior Features: Decorative/Designer Lighting Fixtures,Eat-in Kitchen,In-Law Floorplan,Kitchen Island,Open Floorplan,Pantry,Cable TV,Walk-In Closet(s)
  • Levels: Two
  • Living Area: 9011.0
  • Other Equipment: Home Theater
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Driveway

Lot Information

  • Lot Features: Acreage
  • Lot Size Acres: 1.497
  • Lot Size Area: 1.497
  • Lot Size Square Feet: 65209.32
  • Lot Size Units: Acres
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Detached
  • Attached Garage: Yes
  • Property Attached: Yes
  • Structure Type: House

General Information

  • Carport: No
  • Other Structures: Guest House
  • Pool Features: Outdoor Pool,Pool,Waterfall
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Water Available,Cable Available

Room Information

Room: Bedroom

  • Level: First
  • Dimensions: 12 x 14
  • Length: 12.0
  • Width: 14.0

Room: Bedroom

  • Level: First
  • Dimensions: 13 x 15
  • Length: 13.0
  • Width: 15.0

Room: Breakfast Room/Nook

  • Level: First
  • Dimensions: 14 x 10
  • Length: 14.0
  • Width: 10.0

Room: Dining Room

  • Level: First
  • Dimensions: 13 x 14
  • Length: 13.0
  • Width: 14.0

Room: Guest Quarters

  • Level: First
  • Dimensions: 13 x 15
  • Length: 13.0
  • Width: 15.0

Room: Kitchen

  • Level: First
  • Dimensions: 15 x 13
  • Length: 15.0
  • Width: 13.0

Room: Living Room

  • Level: First
  • Dimensions: 20 x 18
  • Length: 20.0
  • Width: 18.0

Room: Living Room

  • Level: First
  • Dimensions: 20 x 18
  • Length: 20.0
  • Width: 18.0

Room: Primary Bedroom

  • Level: First
  • Dimensions: 14 x 17
  • Length: 14.0
  • Width: 17.0

Room: Wine Cellar

  • Level: First
  • Dimensions: 6 x 6
  • Length: 6.0
  • Width: 6.0

Room: Bedroom

  • Level: Second
  • Dimensions: 14 x 16
  • Length: 14.0
  • Width: 16.0

Room: Bedroom

  • Level: Second
  • Dimensions: 13 x 15
  • Length: 13.0
  • Width: 15.0

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1501 Chancellor Lane 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.

1501 Chancellor Lane Market Data

Based on the last 30 days in this zip code

$627,918
Average List Price
$216
Average Price per Square Foot
66
Properties Sold
59
Average Days on Market
324
Properties for Sale
Calculations provided by Reliance Network


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