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82 Lake Drive, Lake Peekskill, NY 10537

For Sale

$18,000

0.11 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 0.1 acres
    Lot size

Explore this Property

The Ghost Lot of Lake Drive: The Story of 82 Lake Dr, Lake Peekskill. Tucked into a quiet curve along Lake Drive, just up from the shimmering water, lies a small and easily overlooked piece of land 82 Lake Dr. It s just 0.11 acres, and unless you knew better, you might mistake it for an empty side yard or a forgotten garden. But once, there was a home here. In 1998, a fire broke out and burned the house to the ground. Some say it started in the kitchen, others blame an old space heater. The cause has faded into local legend, but the aftermath remains painfully clear: nothing has stood here since. For more than two decades, the lot has sat vacant untouched, unmoved, and uncertain. Wild growth has slowly crept in. A few stones poke out from the soil where the foundation once stood. Sometimes in spring, lilies bloom where a garden once might have been. But there s a reason nothing s been built. The lot, though once developed, now falls under LP zoning in the Town of Putnam Valley where a 2-acre minimum is required for new construction. At just 0.11 acres, 82 Lake Dr is far from compliant. Even though a house once stood, today's zoning rules have locked the property in a kind of bureaucratic limbo. To the untrained eye, it might seem like a teardown opportunity. But in practice, it s more complicated. Rebuilding would likely require approvals for variances or creative redevelopment ideas and those don t come easy. To investors, it s a technical challenge. To buyers with vision, it's a test of persistence. And to longtime locals, it s a quiet landmark a reminder of a family that once lived here, of a fire no one forgets, and of how a home can disappear while the land itself remains frozen in time. In real estate, every parcel tells a story. Some stories are about luxury. Some about opportunity. And some, like 82 Lake Dr, are about what used to be and what might be again, if someone dares to ask the right questions.
MLS# 884334

Courtesy Of Coldwell Banker Residential Brokerage

(914) 245-3400

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.11 Acres

Map and Directions

Directions to 82 Lake Drive, Lake Peekskill, NY 10537

Home seller CENTURY 21 Full Service Realty

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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