51 Lake Drive, Lake Peekskill, NY, 10537
About This Home
Tucked along the shoreline with sweeping water views and your own private dock, this beautifully updated brick Cape offers the perfect blend of timeless character and modern convenience. Set on a picturesque lot with mature trees, stone walls, and a gently sloping lawn leading to the lake, this 3-bedroom, 2-bath home is a rare waterfront retreat. Inside, you'll find gleaming hardwood floors, original 1950s architectural details, and a stunning brand-new kitchen thoughtfully designed for today's lifestyle. An additional office/guest room provides flexible living space, while the inviting screened porch and expansive bi-level Trex decks create the perfect setting for entertaining or simply enjoying the peaceful waterfront surroundings. The full walk-out basement offers endless possibilities for storage, recreation, or future expansion. Major updates include a new furnace, water heater, kitchen, and whole-house generator (2024), allowing you to move in with confidence. Whether you're sipping coffee on the deck, launching a kayak from your private dock, or gathering with friends on the lakeside stone patio, this exceptional property delivers the waterfront lifestyle you've been dreaming of.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Gas Range,Refrigerator,Washer
Basement
- Has basement: Yes
- Basement: Full,Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- First Floor Bedroom,First Floor Full Bath,Breakfast Bar,Built-in Features,Open Kitchen,Original Details
- Flooring: Ceramic Tile,Wood
- Number of fireplaces: 1
- Fireplace features: Living Room,Masonry,Wood Burning
- Fireplace: Yes
- Attic: Dormer
Heating & Cooling
- Heating features: Hot Water,Steam
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 2,286
- Total interior livable area: 2,286 sqft
Property
Details
- Parcel number: 37280008306600020150000000
- Special condition: None
- Other equipment: Generator
Features
- Has view: Yes
- View description: Lake,Mountain(s),Panoramic,Trees/Woods,Water
- Has water view: Yes
- Water view: Lake,Water
- On waterfront: Yes
- Waterfront features: Lake Front,Lake Privileges,Water Access,Waterfront
Lot
- Lot size: 9,699 sqft
Parking
- Parking features: Off Street,On Street
- Has uncovered spaces: Yes
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
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Putnam County and New York
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,433 | $41,196 |
| Home Insurance * | $280 | $3,360 |
| Property Taxes | $1,199 | $14,388 |
| Electricity | $377 | $4,533 |
| Total | $5,289 | $63,468 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-14 | Price change | $659,000 |
| 2026-08-05 | Price change | $669,000 |
| 2026-06-19 | Price change | $679,000 |
| 2026-06-05 | Listed for sale | $689,000 |
| 2023-01-11 | Sold | $560,000 |
| 2012-12-13 | Sold | $246,000 |
| 2012-02-04 | Listing removed | $299,000 |
| 2012-01-28 | Listed for sale | $299,000 |
| 2006-11-30 | Sold | $310,000 |
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