by RH Advisors

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Putnam
Lot 11 Traverse Lot 13 Walnut and Lot 15 Walnut Road
$29,000
↓ $10K (25.6%)
● Land - For Sale
bedrooms
Studio
bathrooms
0 Bath
$158
Est. Monthly
64.10%
Cap Rate

About This Property

Three adjoining parcels-Lot 11 Traverse Road, Lot 13 Walnut Road, and Lot 15 Walnut Road in Lake Peekskill, New York 10537-are now being offered together as one combined opportunity. Individually, each lot tells its own story: a slice of wooded hillside, a quiet path between rustic roads, and a glimpse of the tranquil lake just down the hill. But together, they form something rare-a generous piece of land that invites imagination and possibility in one of Putnam County's most charming lake communities. The setting is peaceful yet convenient. Traverse and Walnut are small country roads where neighbors wave, dogs are walked daily, and the sound of wind in the trees replaces the noise of traffic. This location is part of the Lake Peekskill community, known for its scenic water views, private beaches, and relaxed weekend feel-just about an hour from New York City. Here, weekends can blend into weekdays, with the lake always nearby for kayaking, fishing, or quiet reflection. The seller is offering all three contiguous parcels as a single sale, creating a rare buildable footprint in an area where land is scarce. Together, they offer more space, more flexibility, and more privacy than a single small lot could provide. Whether the buyer envisions a year-round home, a weekend retreat, or simply an investment in a growing area, this collection of parcels gives them the breathing room to design something truly special. Even better, the seller will allow the buyer to obtain Board of Health Approval (BOHA)-a valuable chance to move forward with confidence and secure the necessary approvals for a future home. This open-door approach adds real value, giving the next owner both control and peace of mind through the process. Opportunities like this rarely come along in Lake Peekskill. Three lots, one vision, and a seller willing to support your plans. The land is ready for someone with imagination-a buyer who sees more than trees and slopes, who sees a future home nestled in the woods just minutes from the lake. Lot 11 Traverse, Lot 13 Walnut, and Lot 15 Walnut Road-sold together, offered together, ready to become something more.
Unit Size
-
Days on Market
459 days
Land Size
1.48 acres
Price per sqft
-
Property Type
Land
Property Taxes
$15
HOA Dues
-
Year Built
1950

Listed By

Thomas Santore
COLDWELL BANKER RESIDENTIAL BROKERAGE

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Last updated: 4 months ago (OneKey MLS #KEY882254)

Price History

Date / Event Date Event Price
Jun 26, 2026 Price Decreased $29,000
↓ $10K (25.6%)
Price Decreased
Dec 18, 2025 Relisted $39,000
Relisted
Nov 30, 2025 In contract -
In contract
Jun 25, 2025 Listed by Coldwell Banker Realty $38,000
Listed by Coldwell Banker Realty
Jun 21, 2025 No longer available -
No longer available
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Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Size Area: 64469
Lot Size Units: Square Feet
Lot Size Acres: 1.48
Lot Size Square Feet: 64469
Water Source: Well, None
Financial Details
Tax Assessed Value: $4,800
Tax Annual Amount: $182
Utilities Details
Sewer : None, Septic Tank

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,310
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 1,700
  • Total Building Area: 1,618
  • Building Area: 1,618
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,618
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000558
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Putnam Valley Central School District
  • School Tax School District: PUTNAM VALLEY
  • Census Tract: 010901

Zoning

  • Zoning: LP

Geography

  • Account Number: 076150
  • District: 372800
  • Section: 83.80
  • Parcel: 372800 83.80-1-15
  • Block: 1
  • Lot: 15.000
  • Municipality: PUTNAM VALLEY
  • Latitude: 41.3356
  • Longitude: -73.8925

    Address

  • Full Address: 11 Traverse Rd
  • Address - House Number: 11
  • Address - Street Name: Traverse
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Lake Peekskill
  • Carrier Code: R081
  • 4-Digit Zip Code: 1408
  • Zip Code: 10537

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,084,697
  • Tax Rate Code Area: 372803

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 486,628
  • High Value: 571,573
  • Low Value: 401,682

    Market Valuation

  • Market Total Value: $349,800
  • Market Land Value: $94,400
  • Market Improvement Value: $255,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $349,800
  • Assessed Land Value: $94,400
  • Assessed Improvements Value: $255,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 27, 2005
  • Current Sale Recording Date: Jul 06, 2005
  • Current Sale Price:
  • Current Sale Document Type: 27
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 Putnam


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Frequently Asked Questions

When was property at 11 Traverse Road built and last sold?
The property at 11 Traverse Road was built in 1950 and last sold on Jun 27, 2005 for $297,500.
How much is this home worth?
The estimated value of the home located at 11 Traverse Road is $29,290.
What are some comparable homes to 11 Traverse Road?
There are currently no comparable homes to 11 Traverse Road.