18 Sylvan Road, Lake Peekskill, NY 10537
Local realty services provided by:ERA Insite Realty Services
Upcoming open houses
- Sun, Jul 2612:00 pm - 02:00 pm
Listed by: sherri malone, mathew malone
Office: coldwell banker realty
MLS#:1028933
Source:OneKey MLS
Price summary
- Price:$689,000
- Price per sq. ft.:$275.38
About this home
Legal Two-Family | Income-Producing Opportunity | Sweeping Year-Round Views of Junior Lake
Rare opportunity to own a beautifully maintained legal multi-unit home in the sought-after Lake Peekskill community of Putnam Valley. Whether you're an investor looking to generate rental income, an owner-occupant hoping to offset your mortgage, or a buyer seeking flexible multi-generational living, this versatile property offers the perfect blend of income potential, comfort, and natural beauty.
The main residence welcomes you with a bright, thoughtfully designed floor plan featuring 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 is anchored by a picturesque bay window framing sweeping year-round views of Junior Lake, while the primary suite offers a renovated ensuite bath, complemented by additional bedrooms and a second full bath.
Designed as a legal apartment, the walkout lower level features two private entrances, a living room, bedroom, renovated full bath, and direct access to an expansive brand-new deck overlooking the backyard and sweeping year-round views of Junior Lake. The apartment was recently used to accommodate 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, allowing the next owner to easily reinstall the appliances and door, returning the apartment to its original use.
Outside, the property truly shines. Thoughtfully curated perennial gardens, colorful seasonal blooms, mature landscaping, and peaceful outdoor living spaces create a private retreat that's perfect for entertaining, dining al fresco, or simply relaxing while enjoying the tranquil surroundings.
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 built into the home's HVAC system.
Residents enjoy Lake Peekskill lake rights with swimming, fishing, kayaking, and non-motorized boating, along with easy access to Metro-North, the Taconic State Parkway, Route 6, shopping, dining, and the many outdoor recreational opportunities the Hudson Valley has to offer.
Offering income potential, flexible living arrangements, exceptional outdoor living, sweeping year-round views of Junior Lake, and beautifully maintained gardens, this legal two-family presents a rare opportunity to enjoy the best of Hudson Valley living while building long-term value....
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Home facts
- Year built:1945
- Listing ID #:1028933
- Added:4 day(s) ago
- Updated:July 26, 2026 at 11:07 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Dining Description:Eat-In Kitchen, Formal Dining
- Kitchen Description:Eat-in Kitchen, Walk Through Kitchen
- Bedroom Description:First Floor Bedroom
- Basement:Yes
- Basement Description:Crawl Space, Finished, Full
- Living area:2,502 sq. ft.
Heating and cooling
- Cooling:Central Air, Ductless
- Heating:Heat Pump, Oil
- Central air:Yes
Structure and exterior
- Year built:1945
- Building area:2,502 sq. ft.
- Lot area:0.62 Acres
- Architectural Style:Ranch
- Construction Materials:Frame
Schools
- High school:Putnam Valley High School
- Middle school:Putnam Valley Middle School
- Elementary school:Putnam Valley Elementary School
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$689,000
- Price per sq. ft.:$275.38
- Tax amount:$13,173 (2026)
Features and amenities
- Laundry features:Washer/Dryer Hookup
- Amenities:Smart Thermostat, Storage
Parking
- Total parking spaces:6
- Parking description:Driveway
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