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Welcome to 116 Lake Drive, an investors dream, a retreat offering lake access just across the road—perfect for peaceful mornings and scenic views. Ideally located near the Taconic Expressway, this home provides the perfect balance of tranquility and convenience. Recent updates include a newer roof and gutters, a 150-amp electrical panel, and a new oil tank installed in 2023, offering comfort, efficiency, and peace of mind. Whether you’re searching for a weekend escape or a full-time residence, this inviting home is ready for you to settle in and enjoy. *Additional Lot Included in Sale, repairs needed throughout* home has a new well pump, new tank and new electric for the well pump.

Highlights

  • Residential
  • Single Family Residence
  • Built in 1940
  • 0.1892 Acre Lot
  • 192 days on Market

  • Bedrooms
    4
  • Bathrooms
    2
  • Year Built
    1940
  • Architectural Style
    Cape Cod
  • Construction Materials
    Other
  • Parking Features
    Driveway
  • Living Area
    1323.0
  • Interior Features
    Other
  • Appliances
    Electric Water Heater, Refrigerator
  • Cooling
    Wall/Window Unit(s)
  • Heating
    Electric, Hot Water, Other, Oil
  • Basement
    Walk-Out Access

  • Acres
    0.1892
  • Lot Features
    Views
  • View
    Lake
  • Utilities
    See Remarks
  • Water
    Private, Well

  • County
    Putnam
  • City
    Lake Peekskill
  • Zip Code
    10537
  • High School
    Putnam Valley High School
  • Middle School
    Putnam Valley Middle School
  • Elementary School
    Putnam Valley Elementary School

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Frequently Asked Questions

How do I schedule a tour of 116 Lake Dr?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 116 Lake Dr.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 116 Lake Dr?

Click Ask a Question to talk with our team. You already know it is a 4 bed, 2 bath, listed for $375,000. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Lake Peekskill, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 116 Lake Dr?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 116 Lake Dr at around $3,066. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 116 Lake Dr?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Putnam County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 116 Lake Dr?

In most cases, yes. Whether 116 Lake Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Lake Peekskill's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 116 Lake Dr?

We can handle that for you. Our preferred local agent specializes in residentials in Lake Peekskill and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $375,000 with 1,323 sqft of space—that comes out to approximately $283 per square foot.

How long has this property been on the market?

116 Lake Dr was listed on May 06, 2026, which means it's been on the market for 192 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1940, making it approximately 86 years old.

What is the lot size of this property?

116 Lake Dr sits on a 0.19-acre lot, which is 8,276 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Putnam Valley Elementary School
  • Middle: Putnam Valley Middle School
  • High: Putnam Valley High School

Want to see how these schools compare? Check out our Putnam County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 116 Lake Dr?

The most recent public record shows annual property taxes for 116 Lake Dr were approximately $11,187. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 116 Lake Dr still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data


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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, OneKey MLS. All rights reserved.

Last Updated: November 14, 2026 at 02:13AM | Source: OneKey MLS | MLS#: 996109