by RH Advisors

See Home Value
Peekskill 10566
3137, 1339 and 1341 Lincoln Terrace
$82,226
● Land - Off Market
bedrooms
Studio
bathrooms
0 Bath
$911
Est. Monthly
27.33%
Cap Rate

About This Property

Tucked away on a quiet, unassuming stretch of Lincoln Terrace sits a trio of parcels-1337, 1339, and 1341-that whisper possibility to those who know how to listen. They're more than just 0.3467 acres of residentially zoned land; they're a clean slate in a town where the rhythm of development and the pulse of community beat in harmony. For decades, these lots stood quietly beneath the canopy of old-growth trees, watching the neighborhood evolve around them. At one time, a modest home stood on one of the parcels-a cozy cape-style place with peeling white paint and a garden lovingly tended by a woman named Mrs. Dorsey. Long gone now, both the house and its gardener, the land remains. The outlines of a stone walkway peek through the soil after every heavy rain. Locals say in early spring, daffodils still push their way up from where the garden used to be. Now, all three parcels are being offered together, a rare package deal priced at just $60,000. For some, that number might raise an eyebrow. For others, it's a blinking neon sign that reads: opportunity. From a practical standpoint, the lots offer flexibility. Whether for a savvy builder hoping to construct a single spacious residence, or an investor aiming to maximize the footprint with a cluster of charming cottages (subject to local zoning approvals, of course), the potential is real. Municipal water access runs nearby, and the road is maintained year-round, making access a breeze. The lots are lightly wooded, gently sloped, and kissed by morning light from the east. There's no mistaking it: the land is buildable, beautiful, and quietly waiting. But there's something else about these parcels-something more intangible. Standing on the middle lot, the world quiets. You hear the soft rustle of leaves in the breeze and maybe, if you're lucky, the far-off sound of a dog barking or a child laughing. The neighborhood isn't bustling; it's steady. It's the kind of street where neighbors still wave from porches and mailboxes are decorated for the holidays. A few lots down, there's a tire swing that's been in place so long, the tree limb it hangs from has started to curve upward in response. Developers have looked, and walked, and measured. Dreamers have stood on the property and imagined driveways winding through pine and oak. One local artist even set up an easel one morning, drawn in by the light and the stillness. And each time, someone new finds something different in the soil, in the air-something that can't quite be put into words. That's the magic of 1337, 1339, and 1341 Lincoln Terrace. They don't just offer land. They offer a blank page at the edge of town-an open invitation to create something lasting. Whether it becomes the site of a single dream home tucked behind evergreens, or three smaller dwellings forming a quiet compound for extended family or income generation, it's ready. And perhaps that's why these three parcels are best sold together: because like the stories they've quietly gathered over the years, they're meant to be experienced as one. A package deal-for the right buyer with the right vision.
Unit Size
-
Days on Market
176 days
Land Size
0.35 acres
Price per sqft
-
Property Type
Land
Property Taxes
$616
HOA Dues
-
Year Built
-

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Last updated: 12 months ago (OneKey MLS #KEY852839)

Price History

Date / Event Date Event Price
Oct 17, 2025 Sold
Sold
Jun 13, 2025 In contract -
In contract
Apr 24, 2025 Listed by Coldwell Banker Realty $60,000
Listed by Coldwell Banker Realty
Jul 27, 2021 No longer available -
No longer available
Jun 8, 2021 Price Decreased $31,000
↓ $5K (13.9%)
Price Decreased
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Property Highlights

Comparables

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

About Peekskill


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Frequently Asked Questions

When was property at 1341 Lincoln Terrace built and last sold?
The property at 1341 Lincoln Terrace was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1341 Lincoln Terrace is $60,600.
What are some comparable homes to 1341 Lincoln Terrace?
There are currently no comparable homes to 1341 Lincoln Terrace.