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1040 E Lake Rd Lot 60, Dundee, NY, 14837

3beds
2baths
1,488sqft
$450,000
$302price/sqft
$3,215/moest. monthly cost
$128,600/yrincome needed

About This Home

Welcome to this 3-bedroom, 2-bath summer home at Camp Arey, a popular seasonal vacation community located directly on the shores of Keuka Lake. Perfectly situated right on the beach and just feet from the water, this home offers an exceptional opportunity to enjoy lakefront living with direct lake views and immediate access to the swimming area and your dock. At Camp Arey, residents purchase and own their homes and lease their lot on a seasonal basis from Camp Arey, Inc. Residents pay annual lot rent and are also responsible for their prorated share of the applicable school, town, and county real property taxes. The current annual lot rent for this unit is $10,000. Please note that short-term rentals are not permitted within this vacation community. For more information regarding annual lot rent, real property taxes, lease terms, or ownership at Camp Arey, please call us at the number listed in the contact form. Offering 1,488 square feet of open-concept living space, Unit 60 features a spacious great room with an open kitchen and dining area, all overlooking the front porch and the lake. The open floor plan creates an inviting space that is perfect for relaxing, entertaining, and spending time with family and friends. The primary bedroom includes a private ensuite bathroom, while two comfortable guest bedrooms are served by a conveniently located second full bathroom. The newly repainted front porch offers ample room for outdoor dining and entertaining and, just feet from the water, provides the ideal setting to relax and enjoy lakeside living. Behind the unit is a new storage shed with newly installed electric, providing convenient space for outdoor equipment and seasonal items. The home is equipped with central heating and central air conditioning. All major appliances are included with the sale, including a new refrigerator, new dishwasher, and new washer and dryer, making this a move-in-ready opportunity. Additional recent improvements include a new hot water heater. The home is being sold unfurnished. As part of the community amenities, residents enjoy access to Camp Arey's private beach area for swimming, dedicated boat lift sections, and shared dock space, providing excellent opportunities to enjoy all that lake life has to offer. For more details on this home and/or to schedule your private showing, please contact us.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

3/10
Penn Yan Elementary SchoolGrades PK-510.5 mi
3/10
Penn Yan Middle SchoolGrades 6-810.6 mi
6/10
Penn Yan AcademyGrades 9-1210.5 mi

Construction

Type & Style

  • Home type: MobileManufactured

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Interior Area

  • Total interior livable area: 1,488 sqft

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Drought
Hail
Ice Storm
Lightning
Strong Wind

FEMA Declared Disasters in Yates County and New York

Flood
Hurricane
Severe Storm
Tropical Depression
Tropical 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 $2,275$27,300
Home Insurance *$162$1,944
Property Taxes $532$6,384
Electricity $246$2,954
Total$3,215$38,580
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$110,228/yr
40% on housing$96,450/yr
45% on housing$85,733/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: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.3%
-1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$302This listing

vs Other Active Listings

Avg $/sqft

ZIP 14837$242
Yates County$280

vs Homes Sold Last Month

Median $/sqft

ZIP 14837$375
Yates County$229

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
2026-08-07Price change$399,900
2026-07-17Listed for sale$450,000

For Sale by Owner

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