Active
4 beds2,502 sqft$273/sqft
18 Sylvan Rd, Lake Peekskill, NY 10537
Est: $4,574/moGet pre-approved
Multi FamilyProperty Type
0.62 acresLot Size
1945Year Built
$273/sq ftPrice per sq ft
6 carsParking Spaces

Description

Rare opportunity to own a beautifully maintained legal two-family home in Lake Peekskill, Putnam Valley, offering income potential, flexible living arrangements, and sweeping year-round views of Junior Lake. Whether you're looking for an income-producing property, a home with a legal accessory apartment, a mortgage-offset opportunity, or flexible multi-generational living, this versatile property offers exceptional possibilities in a desirable Hudson Valley lake community.
The main residence features
...Rare opportunity to own a beautifully maintained legal two-family home in Lake Peekskill, Putnam Valley, offering income potential, flexible living arrangements, and sweeping year-round views of Junior Lake. Whether you're looking for an income-producing property, a home with a legal accessory apartment, a mortgage-offset opportunity, or flexible multi-generational living, this versatile property offers exceptional possibilities in a desirable Hudson Valley lake community.

The main residence features a bright, thoughtfully designed floor plan with a formal dining room accented by a custom wood ceiling, an updated eat-in kitchen with refreshed cabinetry, stainless steel appliances, breakfast bar seating, tile flooring, and a sunny breakfast nook. The spacious living room features a picturesque bay window framing sweeping year-round Junior Lake views, while the primary suite offers a renovated ensuite bath, complemented by additional bedrooms and a second full bath.

The legal lower-level apartment offers two private entrances, a living room, bedroom, renovated full bath, and direct access to an expansive brand-new deck overlooking the backyard and Junior Lake. The apartment was recently used for extended family, so the stove and refrigerator were removed and the interior door separating the apartment from the main residence will need to be reinstalled to restore its original configuration. Existing kitchen cabinetry and plumbing remain in place, making it easy for the next owner to reinstall the appliances and return the apartment to its intended use.

The outdoor spaces are equally inviting, with beautifully maintained perennial gardens, mature landscaping, seasonal blooms, and private areas for outdoor dining, entertaining, and relaxing. Recent improvements include a new septic tank, removal of the underground oil tank, energy-efficient ductless air conditioning on both levels, and a heat pump incorporated into the home's HVAC system, and brand new deck.

Enjoy Lake Peekskill lake rights, including swimming, fishing, kayaking, and non-motorized boating. Conveniently located near the Taconic State Parkway, Route 6, Metro-North, shopping, dining, and the many recreational opportunities throughout the Hudson Valley.

Legal two-family living, lake community amenities, Junior Lake views, income potential, and a flexible lower-level apartment make this a unique opportunity in Putnam Valley. With the recent price improvement, this is an excellent opportunity for buyers seeking versatility, value, and the lifestyle of a Hudson Valley lake community.

Listing Agents

  1. Sherri Malone

    Sherri Malone

    Listing Agent

    Coldwell Banker Realty

    P: (914) 277-5000

    M: (914) 382-1917

  2. Mathew Malone

    Mathew Malone

    Alternative Listing Agent

    Coldwell Banker Realty

    P: (914) 277-5000

    M: (917) 476-9238

40 days on Market
Last updated: 08/17/2026 12:18 PM • Source: ONEKEY as distributed by MLS GRID, MLS#: 1028933

Location

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$4,574 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,477

Property Taxes

$1,098

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 18 Sylvan Road

Property Details
  • Taxes: $13,173 / year
  • MLS Type: Duplex
  • City/Township: Putnam Valley
  • View: Lake, Mountain(s), Neighborhood, Trees/Woods, Water
  • Architectural Style: Ranch
  • Waterfront: Yes
Building Information
  • Residences: 2
  • Year Built: 1945
  • Lot Size: 0.62 AC / 26,950 SF
Summary
Location and General Information
  • Senior Community YN: No
  • Property Attached: No
  • Structure Type: Detached
  • Property Condition: Updated/Remodeled
  • State Or Province: NY
  • Water Access YN: Yes
School Information
  • School District: Putnam Valley
  • Elementary School District: Putnam Valley
  • Elementary School: Putnam Valley Elementary School
  • Middle Or Junior School District: Putnam Valley
  • Middle Or Junior School: Putnam Valley Middle School
  • High School District: Putnam Valley
  • High School: Putnam Valley High School
Unit Information
Unit 1 Information
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
Unit 2 Information
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
Unit Information
  • Number Of 1 Bedrooms: 1.0
  • Number Of 2 Bedrooms: 0.0
  • Number Of 3 Bedrooms: 1.0
  • Number Of 4 Bedrooms: 0.0
  • Building Units Total: 2
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 372800-091-025-0001-013-000-0000
  • Tax Assessed Value: $417,300.00
  • Included In Taxes: Trash
  • Additional Fees: No
  • Tax Source: Municipality
  • Tax Year: 2026
Interior and Exterior Features
Interior Features
  • Amenities: Dishwasher (1), Light Fixtures, Stove (1), 1st Floor Bedrm, Breakfast Bar, Carpet, Ceiling Fan(s), Chandelier, Combination, Deck, Eat in Kitchen, Formal Dining, Garden, In-Law Floorplan, Lake Views, Laminate, Mailbox, Mountain(s), Neighborhood, Patio, Pond, Primary Bathroom, Ranch, Recessed Lighting, Refrigerator (1), Shed(s), Smart Thermostat, Storage, Tile, Trees/Woods, Vinyl, Walk Through Kitchen, Washer/Dryer Hookup, Water View, Well
  • Interior Features: First Floor Bedroom, Breakfast Bar, Ceiling Fan(s), Chandelier, Eat-in Kitchen, Formal Dining, In-Law Floorplan, Primary Bathroom, Recessed Lighting, Smart Thermostat, Storage, Walk Through Kitchen, Washer/Dryer Hookup
  • Basement: Crawl Space, Finished, Full
  • Attic Description: Full,Pull Stairs
  • Fireplace: No
  • Location Amenities: 1st Fl Master Bedroom, Eat in Kitchen, Formal Dining Room, Storage, Walk Through Kitchen, WD Hookup, Deck, Patio, Lake Views, Mountain Views, Water View
  • Flooring: Carpet, Combination, Laminate, Tile, Vinyl
  • Inclusions: Refrigerator (1), Stove (1), Dishwasher (1), Light Fixtures
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
Exterior Features
  • Exterior Features: Garden, Mailbox
  • Exterior Property Features: Garden, Mailbox, Deck, Patio, Driveway
  • Elevation Certificate: No
  • Patio And Porch Features: Deck, Patio
  • Construction Materials: Frame
  • Road Frontage Type: Municipal
  • Road Responsibility: Public Maintained Road
  • Other Structures: Shed(s)
  • Waterfront Features: Pond
  • Pool Private: No
Lot Information
  • Additional Parcel: No
  • Building Area Units: Square Feet
Parking
  • Parking Features: Driveway
  • Parking Total: 6.00
  • Garage: No
  • Carport: No
Utilities
  • Cooling: Central Air, Ductless
  • Heating: Heat Pump, Oil
  • Heat Fuel Type: Heat Pump, Oil
  • Number Of Heating Zones: 2
  • Sewer: Septic Tank
  • Water Source: Well
  • Utilities: Cable Connected, Electricity Connected, Trash Collection Private
  • Number Of Separate Electric Meters: 2
Green Features
  • Green Features: Heat Pump, Oil, Garden, Mailbox
Agent
Payment and Rate
  • Down Payment Resource: Yes

Property History for 18 Sylvan Road

DateEvent & SourcePriceAppreciation
Aug 17, 2026

Price Change

ONEKEY #1028933

$684,000—
Jul 22, 2026

Listed (Active)

ONEKEY #1028933

$689,000—
Jul 21, 2026

Withdrawn

ONEKEY #1016393

$689,000—
DateEvent & SourcePrice
08/17/2026

Price Change

ONEKEY #1028933

$684,000
07/22/2026

Listed (Active)

ONEKEY #1028933

$689,000
07/21/2026

Withdrawn

ONEKEY #1016393

$689,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 18 Sylvan Road

Taxable ValueLand$111,500Additions$305,800Total$417,300
Tax Record2024$12,636 ($1,053 / month)
Home Facts
Baths3Total Finished SqFt1,574 SqFtAbove Grade Finished SqFt1,574 SqFtStories1Lot Size23,087 SqFtStyleDuplexYear Built1945Year Renovated1945ZoningLPCountyPUTNAMAPN372800 91.25-1-13

Schools near 18 Sylvan Road

This home is within Putnam Valley Central School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Putnam Valley Elementary School
PublicK to 4

Putnam Valley Middle School
Public5 to 8

Putnam Valley High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

18 Sylvan Road is a multi-family home for sale in Lake Peekskill, NY 10537. This property was listed for sale on July 22, 2026 by Coldwell Banker Realty, it's currently listed at $684,000. This listing's school district is Putnam Valley Central School District. Nearby schools include Putnam Valley Elementary School, Putnam Valley Middle School and Putnam Valley High School. 18 Sylvan Road is a 4-bed, 3-bath, 2,502 sqft multi-family home built in 1945.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Based on information submitted to the MLS GRID as of 08/17/2026 12:18 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.