by RH Advisors

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Mahopac 10541
1 Colonial Drive
$950,000
↓ $29K (3%)
● House - For Sale

1 Colonial Drive

Carmel, NY 10541
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,386 Ft²
$6,106
Est. Monthly

About This Property

Welcome to 1 Colonial Drive, where the best of Lake Mahopac living comes together with private lake access, an included boat slip, beautiful water views, and exceptional value. Situated at the southern end of the lake, this beautifully maintained Colonial offers 3 bedrooms, 3 full baths, 2,386 square feet of living space, and a flexible floor plan with potential for a fourth bedroom. Inside, the home blends warmth and sophistication with rich hardwood floors, updated finishes, multiple fireplaces, and a thoughtfully designed layout offering a den and loft with stunning lake views. The renovated kitchen features custom cabinetry, granite countertops, stainless steel appliances, and seamless access to both formal and casual dining areas. The spacious primary suite serves as a private retreat, complete with a fireplace, spa-inspired bath, and private balcony overlooking Lake Mahopac. A private boat slip provides effortless access to boating, waterskiing, fishing, and endless days on the water, while the elevated deck offers picturesque lake views and the perfect place to enjoy morning coffee or evening sunsets. Designed for both relaxation and entertaining, the professionally landscaped grounds feature a private patio, covered outdoor living area, and hot tub, creating a true backyard oasis. Completely move-in ready and available furnished, the home has been tastefully appointed and successfully operated as a short-term rental, offering a turnkey opportunity for full-time residents, weekend homeowners, or investors alike. Enjoy the coveted Lake Mahopac lifestyle with waterfront dining, local shops, golf courses, parks, & hiking trails all nearby, while remaining just over an hour from Manhattan. Offering private lake access, scenic water views, and all the benefits of lake living without the high taxes associated with lake front, 1 Colonial Drive presents a rare opportunity to own in one of Putnam County's most desirable lake communities.
Unit Size
2,386 Ft²
Days on Market
92 days
Land Size
0.18 acres
Price per sqft
$398
Property Type
House
Property Taxes
$1,441
HOA Dues
-
Year Built
1948

Listed By

RYAN ARKET
RYAN ARKET
BHHS Hudson Valley Properties

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Last updated: 16 days ago (OneKey MLS #KEY1011306)

Price History

Date / Event Date Event Price
Sep 11, 2026 Price Decreased $950,000
↓ $29K (3%)
Price Decreased
Jun 9, 2026 Listed by Compass Greater NY, LLC $979,000
Listed by Compass Greater NY, LLC
Sep 20, 2001 Sold
Sold

Property Highlights

Air Conditioning
Fireplace
Parking Details
Has Open Parking
Parking Features: Driveway
Interior Details
Full Bathrooms: 3
Interior Features: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, First Floor Full Bath, Primary Bathroom, Walk Through Kitchen, Washer/Dryer Hookup
Appliances: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
Rooms: 8
Has Fireplace
Fireplaces: 2
Basement: Partially Finished
Exterior Details
Square Footage: 2386
Architectural Style: Colonial
Year Built: 1948
Waterfront Features: Lake Front, Lake Privileges, Waterfront, Water Access
Building Area Units: Square Feet
Construction Materials: Vinyl Siding
Patio and Porch Features: Patio
Lot Features: Back Yard, Corner Lot, Garden, Landscaped, Waterfront
Lot Size Area: 7841
Lot Size Units: Square Feet
Lot Size Acres: 0.18
Lot Size Square Feet: 7841
Water Source: Well
Financial Details
Tax Assessed Value: $671,800
Tax Annual Amount: $17,287
Utilities Details
Cooling Type: Central Air
Heating Type: Oil, Propane, Hot Air
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0
  • Location Influence Type: 22

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 930
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,386
  • Building Area: 2,386
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,386
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF LAKE MAHOPAC GARDENS
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Mahopac Central School District
  • School Tax School District: MAHOPAC
  • Census Tract: 011202

Zoning

  • Zoning: R

Geography

  • Account Number: 053455
  • District: 372000
  • Section: 75.42
  • Parcel: 372000 75.42-1-60
  • Block: 1
  • Lot: 60.000
  • Municipality: CARMEL
  • Latitude: 41.3709
  • Longitude: -73.7474

    Address

  • Full Address: 1 Colonial Dr
  • Address - House Number: 1
  • Address - Street Name: Colonial
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Mahopac
  • Carrier Code: R007
  • 4-Digit Zip Code: 1532
  • Zip Code: 10541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,589,432
  • Tax Rate Code Area: 372001

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 637,204
  • High Value: 748,434
  • Low Value: 525,974

    Market Valuation

  • Market Total Value: $581,500
  • Market Land Value: $78,500
  • Market Improvement Value: $503,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $581,500
  • Assessed Land Value: $78,500
  • Assessed Improvements Value: $503,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 13, 2001
  • Current Sale Recording Date: Sep 20, 2001
  • Current Sale Price:
  • Current Sale Document Type: 12
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Mahopac


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Unit for rent at 248 West Lake Boulevard, Mahopac, NY, 10541

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Frequently Asked Questions

When was property at 1 Colonial Drive built and last sold?
The property at 1 Colonial Drive was built in 1948 and last sold on Sep 13, 2001 for $295,000.
How much is this home worth?
The estimated value of the home located at 1 Colonial Drive is $957,485.
What are some comparable homes to 1 Colonial Drive?
There are currently no comparable homes to 1 Colonial Drive.