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7938 Lakeshore Drive, Silver Bay, NY, 12874

5beds
5baths
5,082sqft
$4,200,000
$826price/sqft
$28,091/moest. monthly cost
$1,123,640/yrincome needed

About This Home

Enjoy 323 feet of pristine Lake George shoreline in Silver Bay with a boathouse featuring a rooftop deck and docking for three boats. This quality-crafted 5,000+ SF Craftsman home sits on 1.1 acres, offering superb lake and mountain views from nearly every room. Designed for entertaining and comfortable family living, the home features 5 bedrooms, 5 bathrooms, a sweeping lawn with a gentle slope to the lake, and inviting outdoor spaces including a patio, pergolas, gardens, and a hot tub. Inside, the main level welcomes you with a stained-glass accented foyer and arched ceiling. The kitchen boasts top-of-the-line appliances, a fireplace, and custom cabinetry, while the living room impresses with a stone wood-burning fireplace, built-ins, and wet bar. A formal dining room, study, and luxurious primary suite complete this level — the suite includes a fireplace, spa-like bath with dual vanities plus makeup vanity, jetted tub, separate shower, and 2 walk-in closets. The second floor offers a family room with built-ins, wet bar, and mini-fridge; a bedroom and outdoor terrace; two additional bedrooms (one with fireplace); and full bath with double-sink vanities. A spacious bonus suite over the garage adds a private living area, kitchen, plus bedroom, and bath. The attached 3-bay garage includes a workshop plus room for storage. Quality finishes and attention to detail are showcased throughout with cathedral ceilings, floor-to-ceiling leaded and stained-glass windows, and custom woodwork. The property is beautifully landscaped with stone walls, garden beds, and a charming shed/playhouse. Most furnishings are included, making this an effortless move-in opportunity.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

5/10

Construction

Condition

  • Year built: 2000

Materials

  • Roof: Composition
  • Construction materials: None,Cedar,Clapboard,Drywall,Shingle Siding,Stone,Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Double Oven,Dryer,Gas Oven,Gas Water Heater,Microwave,Refrigerator,Washer
  • Laundry features: Electric Dryer Hookup,Laundry Room,Main Level,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Finished,Full,Heated,Interior Entry

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5

Dining Room

  • Level: First

Family Room

  • Level: Second

Features

  • High Speed Internet,Ceiling Fan(s),Walk-In Closet(s),Cathedral Ceiling(s),Ceramic Tile Bath,Kitchen Island,Built-in Features
  • Door features: French Doors
  • Window features: Blinds,Double Pane Windows,Insulated Windows
  • Flooring: Wood,Ceramic Tile,Hardwood
  • Number of fireplaces: 4
  • Fireplace features: Bedroom,Gas,Living Room,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 1,000
  • Finished area above ground: 5,082

Foyer

  • Level: First

Full Bathroom

  • Level: First

Full Bathroom

  • Level: First

Full Bathroom

  • Level: Second

Full Bathroom

  • Level: Second

Heating & Cooling

  • Heating features: Baseboard,Propane Tank Owned,Radiant Floor
  • Cooling features: AC Pump,Central Air

Interior Area

  • Total structure area: 5,082
  • Total interior livable area: 5,082 sqft

Kitchen

  • Level: First

Laundry

  • Level: First

Living Room

  • Level: First

Office

  • Level: First

Other

  • Level: Second

Primary Bedroom

  • Level: First

Property

Details

  • Parcel number: 522600 93.1219.2
  • Special condition: Standard

Features

  • Patio & porch: Patio
  • Exterior features: Garden,Gas Grill,Dock
  • Fencing: Wood,Gate,Partial
  • Has view: Yes
  • View description: Mountain(s),Garden,Lake,Water
  • Has water view: Yes
  • Water view: Lake,Water
  • On waterfront: Yes
  • Waterfront features: Lake Front
  • Waterbody name: Lake George

Lot

  • Lot size: 1.10 Acres
  • Features: Private,Road Frontage,Views,Garden,Irregular Lot,Landscaped,Waterfront

Parking

  • Total spaces: 8
  • Parking features: Off Street,Paved,Circular Driveway,Driveway,Garage Door Opener,Heated Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • 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

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Landslide
    LandslideModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Lightning
Landslide
Winter Weather

FEMA Declared Disasters in Warren 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 $21,237$254,844
Home Insurance *$1,535$18,420
Property Taxes $4,480$53,760
Electricity $839$10,078
Total$28,091$337,092
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$963,120/yr
40% on housing$842,730/yr
45% on housing$749,093/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: -1.8%
-1.8%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$826This listing

vs Other Active Listings

Avg $/sqft

ZIP 12874
Warren County$364

vs Homes Sold Last Month

Median $/sqft

ZIP 12874$368
Warren County$219

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

DateEventPrice
2026-05-06Price change$4,200,000
2025-09-12Listed for sale$4,650,000
2012-12-01Listing removed$2,795,000
2012-05-27Listed for sale$2,795,000
2011-10-17Listing removed$2,995,000
2011-03-18Listed for sale$2,995,000
2011-01-30Listing removed$2,995,000
2010-12-12Listed for sale$2,995,000

For Sale by Agent

AgentRichard C Waller
BrokerageDavies-Davies & Assoc Real Est

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