by RH Advisors

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Putnam
20 Point Drive S
$795,000
● House - Off Market

20 Point Drive S

Putnam Valley, NY 10537
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,044 Ft²
$5,105
Est. Monthly

About This Property

Offered for the first time in 70 years, this extraordinary waterfront lake house presents a rare opportunity to own a cherished family retreat on coveted Point Drive South - the most private, peaceful, and picturesque section of Heart Shaped Lake. Set on one of the largest and most impressive waterfronts ever available here, this remarkable property has been lovingly owned by the same family for seven decades and filled with generations of treasured memories. Nestled on a cul-de-sac just 60 minutes from Manhattan, this remarkable property offers charm, lake views, and an unmatched connection to nature. For years, this home has been the backdrop for summers spent fishing, boating, and kayaking, along with winters filled with skating across the frozen lake - a true four-season lifestyle enjoyed year after year. Equally special is the close-knit neighborhood, where neighbors of more than 65 years have become lifelong friends, creating a friendly and welcoming lakeside community. Surrounded by the beauty of nature, the lake is home to an abundance of wildlife, including graceful shore birds and majestic eagles often seen soaring above the water, adding to the peaceful and picturesque setting enjoyed throughout every season. Winter transforms the lake into a serene wonderland, perfect for skating and taking in the quiet beauty of the snow-covered landscape. This spacious home features four bedrooms, two baths, and a dedicated office, offering flexibility for full-time living, guests, or working remotely in a serene lakeside setting. The primary suite is a peaceful private sanctuary complete with its own balcony overlooking the lake - the perfect place to enjoy morning coffee or breathtaking sunset views across the water.

At the heart of the home is an impressive 500-square-foot living room designed to capture the beauty of the lake from nearly every angle. Floor-to-ceiling windows fill the space with natural light while framing sweeping waterfront views. A stunning wood-burning fireplace creates warmth and character, while the expansive wraparound deck seamlessly extends the living space outdoors for effortless entertaining and panoramic lake views. Beautiful stained-glass accents throughout the home further enhance its unique architectural charm and inviting atmosphere. The dining room features a dramatic wall of floor-to-ceiling windows with elegant French doors leading out to the rear deck, creating a stunning indoor-outdoor dining experience overlooking the lake. The home beautifully blends timeless character with over $125,000 in recent improvements, including new Andersen energy-efficient windows and patio/balcony sliding doors, a newly installed Belgian block-lined gravel driveway, new automatic garage door, new LeafGuard gutters, new flooring in the kitchen, dining room, and living room, refinished original wood floors in all bedrooms and the home office, and new kitchen appliances. The grounds are simply spectacular. Mature plantings, vibrant perennial gardens, impressive stone walls surrounding much of the property, two magnificent magnolia trees, a greenhouse, and exquisite stonework throughout create a setting unlike any other. A beautiful pergola with a stone patio and a picturesque turret overlooking the water offer additional outdoor spaces ideal for entertaining, relaxing, or enjoying quiet evenings by the lake. The expansive front and back yards provide ample space for gatherings while the walkout basement leads directly to a private dock, providing effortless access to boating, kayaking, fishing, and all the beauty of lakefront living. Every season at this extraordinary home offers its own beauty - from vibrant spring blooms and lush summer landscapes to spectacular autumn colors and peaceful snow-covered winter mornings. More than a home, this is a rare legacy property where nature, tranquility, privacy, and lifelong memories come together on one of Heart Shaped Lake's most extraordinary waterfront settings.
Unit Size
2,044 Ft²
Days on Market
70 days
Land Size
0.25 acres
Price per sqft
$367
Property Type
House
Property Taxes
$1,423
HOA Dues
-
Year Built
1940

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Last updated: 3 months ago (OneKey MLS #KEY996251)

Price History

Date / Event Date Event Price
Jul 23, 2026 Sold
Sold
Jun 11, 2026 In contract -
In contract
May 7, 2026 Listed by RE/MAX Classic Realty $749,900
Listed by RE/MAX Classic Realty
Apr 9, 2025 In contract -
In contract
Mar 28, 2025 Listed $675,000
Listed
Make this lakefront home on Lake Peekskill your own. Discover a rare opportunity to own a unique 4-bedroom, 2,000+ sq. ft. lakefront colonial, situated on a cul-de-sac in the highly sought-after Lake Peekskill community. Boasting unparalleled water views on the point, this exceptional home offers the perfect blend of charm and character. Step into the sun-drenched living room, where floor-to-ceiling windows showcase the shimmering lake and elegant stained glass accents add a touch of timeless beauty. The formal dining room opens to a wraparound deck, ideal for seamless indoor-outdoor living and entertaining. Outside, enjoy the picturesque back patio, a pergola overlooking the water, and a charming covered front porch, all surrounded by lush flower gardens, a majestic 150-year-old oak tree, and historic stone walls and archways. A floating dock invites you to swim, boat, or simply relax by the water, while a spacious driveway, detached 2-car garage, and greenhouse provide added convenience. The unfinished 1,000+ sq. ft. basement offers endless possibilities for expansion. Whether you're looking for a year-round residence or a tranquil weekend retreat, this lakefront gem is the perfect setting for relaxation, recreation, and unforgettable memories. Don’t miss this once-in-a-lifetime opportunity! Schedule your private tour today.

Property Highlights

Garage
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0
  • Location Influence Type: 12

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 580
  • Total Building Area: 2,044
  • Building Area: 2,044
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,044
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • 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: 012700
  • District: 372800
  • Section: 83.74
  • Parcel: 372800 83.74-1-15
  • Block: 1
  • Lot: 15.000
  • Municipality: PUTNAM VALLEY
  • Latitude: 41.3394
  • Longitude: -73.8813

    Address

  • Full Address: 20 Point Dr S
  • Address - House Number: 20
  • Street Segment Direction: S
  • Address - Street Name: Point
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Lake Peekskill
  • Carrier Code: R082
  • 4-Digit Zip Code: 1227
  • Zip Code: 10537

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,371,997
  • Tax Rate Code Area: 372803

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 585,131
  • High Value: 687,271
  • Low Value: 482,991

    Market Valuation

  • Market Total Value: $505,100
  • Market Land Value: $136,400
  • Market Improvement Value: $368,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $505,100
  • Assessed Land Value: $136,400
  • Assessed Improvements Value: $368,700

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 20 Point Drive South built and last sold?
The property at 20 Point Drive South was built in 1940 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 20 Point Drive South is $751,487.
What are some comparable homes to 20 Point Drive South?
There are currently no comparable homes to 20 Point Drive South.