An electronically controlled boosted brake system including an isolation valve between a source of pressurized fluid and a boost valve for selectively restricting the flow of fluid from the source to the boost valve. Another feature of the brake system relates to an accumulator valve connected between the boost valve and the accumulator for controlling when the operating pressure of the accumulator is supplied to the boost valve. Yet another feature is a unique master cylinder design including at least one primary piston positioned within a housing in an overlapping relationship with portions of a pair of secondary pistons.