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!
Single-familyProperty Type
1989Year Built
5.89 acresLot Size
$472Price/Sq.Ft.
Listed by Jane Henderson Kenyon• Callaway Henderson Sotheby's Int'l-Princeton
•609-921-1050 (broker)
•info@callawayhenderson.com (broker)
Bought with Jud Henderson• Callaway Henderson Sotheby's Int'l-Princeton
Est. $7,080 per month, based on comparable rentals
Sale and tax history for 987 Cherry Valley Rd
Sale History
Tax History
Date
Event
Price
BRIGHT MLS #NJME2078738
Sep 15, 2026
Sold
$2,000,000
$472/sq ft
Jul 3, 2026
Pending
—
Jun 26, 2026
Contingent
—
Jun 9, 2026
Listed
$1,895,000
$447/sq ft
Public Records
Sep 16, 2020
Sold
$1,035,500
$244/sq ft
Public Records
Aug 1, 1985
Sold
$75,000
$18/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$33,920 (+2.8%)
$363,600 + $681,700
$1,045,300
2024
$33,000 (+3.3%)
$363,600 + $681,700
$1,045,300
2023
$31,944 (+2.1%)
$363,600 + $681,700
$1,045,300
2022
$31,286 (−2.2%)
$363,600 + $681,700
$1,045,300
2021
$31,976 (+2.5%)
$363,600 + $681,700
$1,045,300
2020
$31,202 (+2.5%)
$363,600 + $681,700
$1,045,300
2019
$30,439 (+1.9%)
$363,600 + $681,700
$1,045,300
2018
$29,875 (+2.8%)
$363,600 + $681,700
$1,045,300
2017
$29,059 (+5.8%)
$363,600 + $681,700
$1,045,300
2016
$27,470 (−9.0%)
$363,600 + $681,700
$1,045,300
2014
$30,195 (+0.3%)
$427,800 + $769,000
$1,196,800
2013
$30,111 (+4.7%)
$427,800 + $769,000
$1,196,800
2012
$28,772 (+2.6%)
$427,800 + $769,000
$1,196,800
2011
$28,040 (+4.2%)
$427,800 + $769,000
$1,196,800
2010
$26,906 (+5.8%)
$477,800 + $769,000
$1,246,800
2009
$25,422
$477,800 + $769,000
$1,246,800
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1.5
Lot width
—
Lot depth
—
Lot size
5.89 Acres
Year renovated
—
Sq. Ft.
4,236
Year built
1989
Style
Single Family Residential
County
Mercer County
APN
0600015 00011 08
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
MRC
Mountain Resource Conservation District
The purpose of these districts is to implement the goals, objectives and principles of the 2002 Master Plan relative to protecting environmentally sensitive areas, recognizing development capacity limitations established by natural resource capabilities, maintaining the rural character and providing for sustainable development. These districts have been designed to comprehensively address the interrelated goals of protecting groundwater quantity and quality, maintaining surface water resources, conserving the scenic rural character, addressing limiting soil conditions and promoting continued agricultural use opportunities, while also providing a range of development opportunities that offer alternatives for the landowner.
Permitted uses
Include but are not limited to:
Agriculture
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Public service
Library
Golf related
Housing-Mobile home park
Park & open space
Property details
Parking
Parking Information
Driveway
Interior
Virtual Tour
Bedroom Information
# of Bedrooms On 1st Upper Level: 3
# of Bedrooms On Main Level: 1
Bathroom Information
# of Bathrooms (Full) On 1st Upper Level: 3
# of Bathrooms (Half) On Main Level: 1
# of Bathrooms (Full) On Main Level: 1
# of Bathrooms (Full) On All Upper Levels: 3
# of Bathrooms (Half): 1
# of Bathrooms (Full): 4
Interior Information
Flooring Type: Wood
Interior Features: Additional Stairway, Soaking Tub, Bathroom - Walk-In Shower, Tub Shower, Built-Ins, Entry Level Bedroom, Family Room Off Kitchen, Walk-in Closet(s), Wet/Dry Bar, Wood Floors