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55 Ridgecrest, Lake Peekskill, NY, 10537

5beds
4baths
4,176sqft
$1,500,000
$359price/sqft
$11,543/moest. monthly cost
$461,720/yrincome needed

About This Home

AO - BUILD IS 90 % COMPLETE - PURCHASE AS IS OR BUILDER CAN FINISH FOR ADDITIONAL PRICE - Designed to capture and highlight the landscape, once inside you disappear into unparalleled living, experience or holiday weekends. This open concept is perfect for entertaining inside and out. Showcasing the heated salt water infinity pool. The home has walls of glass connecting you to stunning views. High quality materials and craftsmanship is apparent throughout. Gourmet kitchen 6 burner stove, double oven, microwave, Solid wood cabinets, high end appliances, custom front door. Spray-foam installation, generator, outdoor kitchen on sundeck. Additional Information: ParkingFeatures:3 Car Attached,

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
5
BikeSomewhat Bikeable

Schools

6/10
8/10
Putnam Valley High SchoolGrades 9-121.7 mi

Construction

Condition

  • Property condition: Estimated
  • Year built: 2024

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Number of fireplaces: 2
  • Fireplace: Yes
  • Attic: Partial,Unfinished

Heating & Cooling

  • Heating features: Electric,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,176
  • Total interior livable area: 4,176 sqft

Property

Details

  • Parcel number: 83.5617

Features

  • Levels: Two
  • Stories: 2

Parking

  • Total spaces: 3
  • Parking features: Attached

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather

FEMA Declared Disasters in Putnam County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,584$91,008
Home Insurance *$619$7,428
Property Taxes $2,650$31,800
Electricity $690$8,281
Total$11,543$138,516
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$395,760/yr
40% on housing$346,290/yr
45% on housing$307,813/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.8%
2.8%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$359This listing

vs Other Active Listings

Avg $/sqft

ZIP 10537$250
Putnam County$328

vs Homes Sold Last Month

Median $/sqft

ZIP 10537$323
Putnam County$318

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-16Price change$2,000,000
2026-03-12Listed for sale$1,800,000
2026-02-25Listing removed$2,200,000
2025-06-19Pending sale$2,200,000
2024-10-07Listed for sale$2,200,000
2023-09-22Listing removed--
2023-06-26Listed for sale$1,500,000
2023-06-18Listing removed--
2023-06-13Listed for sale$1,500,000
2023-06-04Listing removed--
2022-09-04Listed for sale$1,500,000

For Sale by Agent

AgentClaudine Colletti
BrokerageGiner Real Estate Inc.

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