20 Point Drive S, Lake Peekskill, NY, 10537 | $675,000

Make this lakefront home on Lake Peekskill your own. Discover a rare opportunity to own a unique 4-bedroom, 2, 000+ sq. ft. lakefront colonial, situated on a cul-de-sac in the highly sought-after Lake Peekskill community. Boasting unparalleled water views on the point, this exceptional home offers the perfect blend of charm and character. Step into the sun-drenched living room, where floor-to-ceiling windows showcase the shimmering lake and elegant stained glass accents add a touch of timeless beauty. The formal dining room opens to a wraparound deck, ideal for seamless indoor-outdoor living and entertaining. Outside, enjoy the picturesque back patio, a pergola overlooking the water, and a charming covered front porch, all surrounded by lush flower gardens, a majestic 150-year-old oak tree, and historic stone walls and archways. A floating dock invites you to swim, boat, or simply relax by the water, while a spacious driveway, detached 2-car garage, and greenhouse provide added convenience. The unfinished 1, 000+ sq. ft. basement offers endless possibilities for expansion. Whether you're looking for a year-round residence or a tranquil weekend retreat, this lakefront gem is the perfect setting for relaxation, recreation, and unforgettable memories. Don’t miss this once-in-a-lifetime opportunity! Schedule your private tour today.

Features

  • Rooms: 8
  • Bedrooms: 4
  • Baths: 1 full / 1 half
  • Laundry: In Basement
  • Style: Colonial
  • Year Built: 1940
  • Garage: 2-car
  • Heating: Baseboard, Hot Water, Oil
  • Cooling: Wall/Window Unit(s)
  • Basement: Full, Unfinished, Walk-Out Access
  • Approx Sq. Feet: 2,044
  • Acreage: 0.25
  • Est. Taxes: $14,782
  • Lot Desc: Cul-De-Sac, Front Yard, Stone/Brick Wall, Waterfront
  • View: Lake
  • Water Front: Yes
  • Elem. School: Putnam Valley Elementary School
  • Middle School: Putnam Valley Middle School
  • High School: Putnam Valley High School
  • School District: Putnam Valley
  • Appliances: Convection Oven, Cooktop, Dishwasher, Dryer, Refrigerator
  • MLS#: 820665
  • Days on Market: 6 days
  • Website: https://www.raveis.com
    /prop/820665/20pointdrives_lakepeekskill_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

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Cheryl BugleySales Associate

Cheryl.Bugley@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Scott PetersenVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 32556

339.224.0866

Scott.Petersen@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Nicole DelaneyInsurance Sales Director, William Raveis Insurance

781.724.3515

Nicole.Delaney@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

20 Point Drive S, Lake Peekskill, NY, 10537

$675,000

Cheryl Bugley

Sales Associate

William Raveis Real Estate

Phone: 781.749.3007

Cheryl.Bugley@raveis.com

Scott Petersen

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 339.224.0866

Scott.Petersen@raveis.com

NMLS Mortgage Loan Originator ID 32556

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $540,000 $540,000 $540,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.625% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.695% 6.810% 6.026%
Monthly Tax Payment $1,232 $1,232 $1,232
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,109 $3,458 $4,484
Total Monthly Payment $4,433 $4,782 $5,808

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.