361 Lake DR, Lake Peekskill, NY 10537
361 Lake DR, Lake Peekskill, NY 10537
361 Lake DR, Lake Peekskill, NY 10537
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$649,900
Est. payment /mo
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4 Beds
2 Baths
0.49 Acres Lot
Open Sat 2PM-4PM

361 Lake DR Lake Peekskill, NY 10537

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Omar Harper

Omar Harper

+1(845) 209-0133

Open House

Sat Jul 18, 2:00pm - 4:00pm

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1021571

Style Colonial

Bedrooms 4

Full Baths 2

Rental Info No

Year Built 1936

Annual Tax Amount $10,082

Lot Size 0.490 Acres

Acres 0.49

Property Sub-Type Duplex

Source onekey2

Property Description

They didn't build many true two-family homes here, which is exactly why 361 Lake Drive is so extraordinary. In fact, it's one of the only ones in town. Whether you're looking for an exceptional investment, a place where rental income helps offset expenses, or a flexible setup where loved ones can live together while maintaining their own privacy, this property offers versatility that is incredibly hard to come by. Then there's the house itself. What sets this home apart is the character you simply cannot recreate. Beautifully updated while honoring its original design, every space showcases timeless qualities and distinguished touches that make it truly special. Stunning built-in bookshelves, original woodwork, antique doorways, a wood-burning fireplace, and graceful flow throughout creates a sense of warmth, charm, and individuality. There are two spacious separate apartments, each with its own private entrance and electric meter, plus an additional landlord meter servicing the basement. Live in one apartment and rent the other, rent both for income, or create the perfect arrangement for extended family or friends. The first apartment offers expansive living and dining spaces, a charming vintage-inspired eat-in kitchen, two comfortable bedrooms, a full bath, office or guest space, and an enclosed porch with seasonal lake views. The kitchen brings so much personality with turquoise cabinetry, crisp white appliances, an antique sink, patterned walls, and a propane stove. Just imagine the meals prepared and gatherings shared in this truly unique space. Upstairs, the second apartment continues the home's timeless character with library-style built-ins, another blissfully updated eat-in kitchen, two additional bedrooms, a bonus room, remodeled bath, and an incredible double terrace overlooking the property with seasonal lake views. Whether you're enjoying morning coffee, working outside with your laptop, or relaxing with a good book, this peaceful outdoor space is sure to become a favorite. Outside, North Beach is just behind the house, and you'll enjoy lake rights to all three neighborhood beaches for kayaking, canoeing, fishing, or simply relaxing by the water. The full walk-out basement offers abundant storage with exciting potential for future finishing. Recent improvements include a roof and water tank replaced approximately six years ago, a first-floor hot water heater replaced just one year ago, a second-floor hot water heater replaced this March, a complete whole-house electrical rewire completed in April 2026 and approved by the town, a remodeled second-floor bathroom, new second-floor kitchen flooring, new first-floor hallway flooring, refinished exterior concrete steps, new Trex steps leading to the back, interior rooms all freshly painted, and the entire exterior has been stripped and completely repainted new! Just minutes from shopping, restaurants, schools, and everyday conveniences, with highways and Metro-North approximately 10 minutes away, commuting to New York City is incredibly convenient. Enjoy easy access to the city while coming home to peaceful lake surroundings. And perhaps the most remarkable part of all... A true two-family home of this size could easily command well over $1 million in New York City. Here, just about an hour from Manhattan, you can own a property with income potential, lake rights, beautiful surroundings, and original character for only $649,900. Properties with this combination of versatility, charm, and setting are truly special and rarely available.

Location

State NY

County Putnam County

Rooms

Basement Full, Storage Space, Walk-Out Access

Interior

Interior Features First Floor Bedroom, First Floor Full Bath, Beamed Ceilings, Built-in Features, Eat-in Kitchen, Entrance Foyer, Formal Dining, His and Hers Closets, Natural Woodwork, Original Details, Pantry, Master Downstairs, Storage

Heating Electric

Cooling Wall/Window Unit(s)

Flooring Hardwood

Fireplaces Number 1

Fireplaces Type Wood Burning Stove

Fireplace Yes

Laundry Electric Dryer Hookup, In Basement, Washer Hookup

Exterior

Exterior Feature Balcony, Juliet Balcony, Lighting, Mailbox, Rain Gutters

Parking Features Driveway, Off Street, Private

Utilities Available Cable Available, Electricity Connected, Phone Available, Propane, Trash Collection Public, Water Connected

Waterfront Description Lake Privileges,Water Access

View Lake

Total Parking Spaces 2

Garage false

Building

Lot Description Near Golf Course, Near Public Transit, Near School, Near Shops, Private, Views, Waterfront

Foundation Block

Sewer Septic Tank

Water Well

Structure Type Frame

Schools

Elementary Schools Putnam Valley Elementary School

Middle Schools Putnam Valley Middle School

High Schools Putnam Valley

School District Putnam Valley

Others

Senior Community No

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by RE/MAX Classic Realty • Christine Rowley

NEARBY SCHOOL & BUSINESS

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Omar Harper

Omar Harper

Broker Associate

+1(845) 209-0133

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361 Lake DR

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