1501 Chancellor Lane
McKinney, TX 75072

$2,490,000

Beds: 7
Baths: 7 | 1
Sq. Ft.: 9,011
Type: House
Listing #21245973
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.
Property Features
Location Information
County: Collin
Subdivision: Chancellor Creek
Interior Features
Rooms: First Floor Bedroom, Second Floor Bedroom, Second Floor Bedroom, First Floor Bedroom, First Floor Breakfast Room/Nook, First Floor Dining Room, First Floor Guest Quarters, First Floor Kitchen, First Floor Living Room, First Floor Living Room, First Floor Primary Bedroom, First Floor Wine Cellar
Interior: Decorative/Designer Lighting Fixtures, Eat-in Kitchen, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s)
Master Bedroom Description: 14 x 17
Full Baths: 7
1/2 Baths: 1
Dining Room Description: 13 x 14
Living Room Description: 20 x 18
Kitchen Description: 15 x 13
Has Fireplace: Yes
Number of Fireplaces: 2
Heating: Central
Cooling: Central Air
Appliances: Dryer, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Ice Maker, Wine Cooler
Exterior Features
Style: Detached
Stories: 2
Water / Sewer: Sewer Available, Water Available, Cable Available
Utilities: Sewer Available, Water Available, Cable Available
Parking Description: Driveway
Has Garage: Yes
Garage Spaces: 6
Has a Pool: Yes
Pool Description: Outdoor Pool, Pool, Waterfall
Other Structures: Guest House
Lot Description: Acreage
Lot Size in Acres: 1.497
Lot Size in Sq. Ft.: 65,209
Is One Story: No
Lot Description: Acreage
School
Elementary School District: McKinney ISD
Elementary School: Walker
Jr. High School: Faubion
High School: Mckinney
Additional Information
Property Type: SFR
Property SubType 2: House
Property SubType: Single Family Residence
Year Built: 2004
Status: Active
Has a Home Owners Association: Yes
HOA Fee: $800
HOA Frequency: Annually
HOA Includes: Security
Tax Annual Amount: 32407.0


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing courtesy of
Rafael Chavez, Solto Realty
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NTREIS - North Texas data last updated at April 21, 2026, 4:23 PM CT