About This Home

This 4-bedroom, 3-bathroom multi-family at 18 Sylvan Road in Lake Peekskill, NY is listed for $684,000. Built in 1945, on a 0.62 acres lot.

Key Features

  • Built in 1945
  • 0.62 acre lot
  • 6 parking spaces
  • Waterfront

Property Details

3 full
6 spaces
1945

Amenities

WaterfrontViewA/C
Listing 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 m

ulti-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.

Monthly Cost Estimate

$3,658/mo

20% down · 6.5% · 30 years

Principal$495
Interest$2,964
Insurance$200

Estimates only. Actual payments may vary.

Location

18 Sylvan Road

Lake Peekskill, NY 10537

Features & Amenities

Interior Features

First Floor BedroomBreakfast BarCeiling Fan(s)ChandelierEat-in KitchenFormal DiningIn-Law FloorplanPrimary BathroomRecessed LightingSmart ThermostatStorageWalk Through KitchenWasher/Dryer Hookup

Exterior Features

GardenMailbox

Property Details

Flooring

TileVinylLaminateCarpetCombination

Construction

Frame

Views

LakeWater

Outdoor Features

PatioDeck

Parking

Driveway

Heating

Heat Pump (Heating)Oil

Cooling

Central AirDuctless

Questions & Answers

This 4-bedroom, 3-bathroom multi-family at 18 Sylvan Road is listed at $684,000. The estimated monthly payment is $3,659 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1945, 0.62 acre lot, 6 parking spaces, Waterfront. Interior Features: First Floor Bedroom, Breakfast Bar, Ceiling Fan(s). Exterior Features: Garden, Mailbox.

This property is listed by Sherri Malone and can be reached at 9143821917.

SM

Sherri Malone

Agent at Coldwell Banker Residential Brokerage

(914) 382-1917
Agent website

Listed by Coldwell Banker Residential Brokerage · Broker phone: (914) 997-0097 · View on Broker Site · Broker website

MLS# 1028933· Source: OneKey MLS· 66 days on PropertySimple

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

18 Sylvan Road, Lake Peekskill, NY 10537

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