1501 Chancellor Lane
McKinney, TX, 75072
$
2,490,000
Bedrooms7
Baths7.1
Sq
9,011
Monthly Estimate*
$
15,331
for $2,490,000 with 7 bedrooms and 7 full baths, 1 half bath. This 9,011 square foot home was built in 2004 on a lot size of 1.497.
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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Features
Interior
Interior Features
Built-in Wine Cooler
Cable TV Available
Decorative Lighting
Eat-in Kitchen
In-Law Suite Floorplan
Kitchen Island
Open Floorplan
Pantry
Walk-In Closet(s)
Basement Y/N
0
Dining Areas
3
Living Areas
4
Half Baths
1
Total Bedrooms
7
Total Baths
8
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General
Heating
Central
Cooling
Central Air
Utilities
City Sewer
City Water
Possession
30-60 Days
Appliances
Dishwasher
Disposal
Dryer
Gas Cooktop
Gas Oven
Gas Range
Ice Maker
Assoc Fees
800
Number of Garage Spaces
6
School District
McKinney ISD
HOA Fee Includes
Security
Pool Y/N
1
Year Built
2004
Levels
Two
Property Subtype
Single Family Residence
Subdivision Name
Chancellor Creek
Transaction Type
For Sale
County
Collin
Property Type
Residential
HOA Type
Mandatory
Full Baths
7
Status
Active
Directions
From Dallas North Tollway
take the exit toward Eldorado Parkway and head east. Continue on Eldorado Pkwy
then turn left onto Lake Forest Drive. Turn right onto Chancellor Drive
then left onto Chancel
City
McKinney
Other Equipment
Home Theater
Elementary School Name
Walker
High School
Mckinney
Elementary School
Walker
Standard Status
Active
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Exterior
Waterfront
0
Lot Features
Acreage
Other Structures
Guest House
Parking Features
Driveway
Lot Size
1 to < 3 Acres
Pool Features
Outdoor Pool
Waterfall
Structural Style
Single Detached
Garage Y/N
1
Attached Garage Y/N
1
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* Excluded Features
List By
Rafael Chavez
Listing Agent
Affordability Calculator
- Monthly Principal & Interest
- $15,331
- Monthly Property Taxes
- $2,701
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save
Nearby
Single family listings in McKinney, TX
Average List Price
$641,378
Percent of Sale Price
74%
About McKinney, TX
184,083
Population
230%
Since 2002
$
85,849
Median Income
34.32
Median Age
45%
Households with Children
Trends Information provided by ATTOM Data Solutions.
3943294
Elementary School
3672581
Middle School
Pricing History
| Date |
Price |
Price Change |
Description |
|
4/21/2026
|
$2,490,000
|
|
Listed Price
|