by RH Advisors

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Putnam
51 Lake Drive
$649,000
↓ $10K (1.5%)
● House - For Sale

51 Lake Drive

Putnam Valley, NY 10537
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,286 Ft²
$4,574
Est. Monthly

About This Property

Tucked along the shoreline with sweeping water views and your own private dock, this beautifully updated brick Cape offers the perfect blend of timeless character and modern convenience. Set on a picturesque lot with mature trees, stone walls, and a gently sloping lawn leading to the lake, this 3-bedroom, 2-bath home is a rare waterfront retreat.

Inside, you'll find gleaming hardwood floors, original 1950s architectural details, and a stunning brand-new kitchen thoughtfully designed for today's lifestyle. An additional office/guest room provides flexible living space, while the inviting screened porch and expansive bi-level Trex decks create the perfect setting for entertaining or simply enjoying the peaceful waterfront surroundings.

The full walk-out basement offers endless possibilities for storage, recreation, or future expansion. Major updates include a new furnace, water heater, kitchen, and whole-house generator (2024), allowing you to move in with confidence.

Whether you're sipping coffee on the deck, launching a kayak from your private dock, or gathering with friends on the lakeside stone patio, this exceptional property delivers the waterfront lifestyle you've been dreaming of.
Unit Size
2,286 Ft²
Days on Market
113 days
Land Size
0.22 acres
Price per sqft
$284
Property Type
House
Property Taxes
$1,387
HOA Dues
-
Year Built
1950

Listed By

CHRISTINA NAULA
BHHS HUDSON VALLEY PROPERTIES FK

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Last updated: 7 days ago (OneKey MLS #KEY1002738)

Price History

Date / Event Date Event Price
Aug 26, 2026 Price Decreased $649,000
↓ $10K (1.5%)
Price Decreased
Aug 16, 2026 Price Decreased $659,000
↓ $10K (1.5%)
Price Decreased
Aug 6, 2026 Price Decreased $669,000
↓ $10K (1.5%)
Price Decreased
Jun 19, 2026 Price Decreased $679,000
↓ $10K (1.5%)
Price Decreased
Jun 1, 2026 Listed by BHHS Hudson Valley Properties $689,000
Listed by BHHS Hudson Valley Properties
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Property Highlights

Parking Available
Fireplace
With View
Parking Details
Parking Features: Off Street, On Street
Interior Details
Full Bathrooms: 3
Interior Features: Breakfast Bar, Built-in Features, First Floor Bedroom, First Floor Full Bath, Open Kitchen, Original Details
Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Washer
Flooring Type: Ceramic Tile, Wood
Rooms: 10
Has Fireplace
Fireplace Features: Living Room, Masonry, Wood Burning
Fireplaces: 1
Basement: Full, Walk-Out Access
Exterior Details
Square Footage: 2286
Architectural Style: Cape Cod
Year Built: 1950
Waterfront Features: Lake Front, Lake Privileges, Waterfront, Water Access
Building Area Units: Square Feet
Construction Materials: Brick
Lot Size Area: 9699
Lot Size Units: Square Feet
Lot Size Acres: 0.2227
Lot Size Square Feet: 9699
Water Source: Well
Financial Details
Tax Assessed Value: $527,200
Tax Annual Amount: $16,642
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: Hot Water, Steam
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 872
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 12

    Dimensions

  • Lot Size Square Feet: 9,699
  • Lot Size Depth Feet: 1,590
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,414
  • Building Area: 1,414
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,414
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE PEEKSILL
  • Land Acres: 0000000222
  • 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: 010902

Zoning

  • Zoning: LP

Geography

  • Account Number: 011400
  • District: 372800
  • Section: 83.66
  • Parcel: 372800 83.66-2-15
  • Block: 2
  • Lot: 15.000
  • Municipality: PUTNAM VALLEY
  • Latitude: 41.3429
  • Longitude: -73.8797

    Address

  • Full Address: 51 Lake Shore Rd
  • Address - House Number: 51
  • Address - Street Name: Lake Shore
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Putnam Valley
  • Zip Code: 10579

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $423,110
  • Tax Rate Code Area: 372803

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 449,540
  • High Value: 528,011
  • Low Value: 371,068

    Market Valuation

  • Market Total Value: $466,900
  • Market Land Value: $116,200
  • Market Improvement Value: $350,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $466,900
  • Assessed Land Value: $116,200
  • Assessed Improvements Value: $350,700

    Sales

  • Current Sale Contract Date: Nov 15, 2012
  • Current Sale Recording Date: Dec 20, 2012
  • Current Sale Price:
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 1502224
  • Previous Sale Recording Date: Dec 15, 2006
  • Previous Sale Contract Date: Nov 30, 2006
  • Previous Sale Amount: $310,000
  • Previous 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 Putnam


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Frequently Asked Questions

When was property at 51 Lake Drive built and last sold?
The property at 51 Lake Drive was built in 1950 and last sold on Nov 15, 2012 for $246,000.
How much is this home worth?
The estimated value of the home located at 51 Lake Drive is $636,990.
What are some comparable homes to 51 Lake Drive?
There are currently no comparable homes to 51 Lake Drive.