18 Sylvan RoadLake Peekskill, NY 10537

Description

Rare opportunity to own a beautifully maintained legal two-family home in Lake Peekskill, Putnam Valley, offering income potential, flexible living arrangements, and sweeping year-round views of Junior Lake. Whether you're looking for an income-producing property, a home with a legal accessory apartment, a mortgage-offset opportunity, or flexible multi-generational living, this versatile property offers exceptional possibilities in a desirable Hudson Valley lake community. The main residence features a bright, thoughtfully designed floor plan with a formal dining room accented by a custom wood ceiling, an updated eat-in kitchen with refreshed cabinetry, stainless steel appliances, breakfast bar seating, tile flooring, and a sunny breakfast nook. The spacious living room features a picturesque bay window framing sweeping year-round Junior Lake views, while the primary suite offers a renovated ensuite bath, complemented by additional bedrooms and a second full bath. The legal lower-level apartment offers two private entrances, a living room, bedroom, renovated full bath, and direct access to an expansive brand-new deck overlooking the backyard and Junior Lake. The apartment was recently used for extended family, so the stove and refrigerator were removed and the interior door separating the apartment from the main residence will need to be reinstalled to restore its original configuration. Existing kitchen cabinetry and plumbing remain in place, making it easy for the next owner to reinstall the appliances and return the apartment to its intended use. The outdoor spaces are equally inviting, with beautifully maintained perennial gardens, mature landscaping, seasonal blooms, and private areas for outdoor dining, entertaining, and relaxing. Recent improvements include a new septic tank, removal of the underground oil tank, energy-efficient ductless air conditioning on both levels, and a heat pump incorporated into the home's HVAC system, and brand new deck. Enjoy Lake Peekskill lake rights, including swimming, fishing, kayaking, and non-motorized boating. Conveniently located near the Taconic State Parkway, Route 6, Metro-North, shopping, dining, and the many recreational opportunities throughout the Hudson Valley. Legal two-family living, lake community amenities, Junior Lake views, income potential, and a flexible lower-level apartment make this a unique opportunity in Putnam Valley. With the recent price improvement, this is an excellent opportunity for buyers seeking versatility, value, and the lifestyle of a Hudson Valley lake community.

Property Information

Property type

Residential Income

Sub-type

Duplex

Style

Ranch

Year built

1945

Building area

2,502 Sq Ft

Lot size

0.62 acres

Parking spaces

6

Days on market

78

MLS^® Listing#

1028933

Property Features

Interior

Breakfast Bar · Ceiling Fan(s) · Chandelier · Eat-in Kitchen · In-Law Floorplan · Recessed Lighting · Smart Thermostat · Storage

Exterior

Garden

Appliances

Dishwasher · Refrigerator

Cooling

Central Air · Ductless

Heating

Heat Pump · Oil

Flooring

Carpet · Combination · Laminate · Tile · Vinyl

Basement

Crawl Space · Finished · Full

Parking

Driveway

Patio

Deck · Patio

Construction

Frame

Other structures

Shed(s)

Utilities

Cable Connected · Electricity Connected

Sewer

Septic Tank

Water source

Private · Well

Schools

Elementary

Putnam Valley Elementary School

Middle

Putnam Valley Middle School

High

Putnam Valley High School

Financial Details

Annual taxes

$13,173

Assessed value

$417,300

Parcel number

372800-091-025-0001-013-000-0000