Sold
Last Sold Price
5 beds2,677 sqft
497 E Lake Rd, Milo, NY 14527
Single FamilyProperty Type
0.55 acresLot Size
1957Year Built
$459/sq ftPrice per sq ft
2 carsParking Spaces

Description

Welcome to 497 East Lake Road, a beautiful Keuka Lake retreat in Penn Yan, NY, designed for year-round enjoyment. This spacious 5-bedroom home offers the perfect blend of lakefront living and modern comfort. With 98 feet of pristine lakefrontage, the property features two boat lifts and a well-maintained dock, making it a breeze to enjoy water activities. Inside, this move-in-ready home is ideal for relaxing summers by the lake or cozy winters with family and friends. The expansive windows bring...Welcome to 497 East Lake Road, a beautiful Keuka Lake retreat in Penn Yan, NY, designed for year-round enjoyment. This spacious 5-bedroom home offers the perfect blend of lakefront living and modern comfort. With 98 feet of pristine lakefrontage, the property features two boat lifts and a well-maintained dock, making it a breeze to enjoy water activities. Inside, this move-in-ready home is ideal for relaxing summers by the lake or cozy winters with family and friends. The expansive windows bring in stunning lake views, filling each room with natural light. Whether you're looking for a summer escape or a full-time residence, 497 East Lake Road offers the ultimate Keuka Lake lifestyle. Come and take a look. Note: Homes Square Footage by Agent; see more floor plans in the document file, including the beach accessory building.
  • Listed by: Vivian D. Schamel 607.795.2900 vickischamel@kw.com • Keller Williams Southern Tier
Listing closed: 01/28/2025 12:00 AM • Source: WNYREIS, MLS#: R1576784

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Recent comparable sales

Median sold price

$695,000

Avg days on market

13

Sale-to-list ratio

105.3%

Milo, NY

9 comparable properties found

$1,200,000 | 503 Grandview Lane, Milo, NY 14527
1/2
1

$1,200,000

Sold 07/30/25

5
Bedrooms
4,626
Square Feet
5.82
Acres
$1,340,000 | 2334 Lerch Road, Milo, NY 14527
1/2
2

$1,340,000

Sold 08/24/26

4
Bedrooms
2,912
Square Feet
0.29
Acres
$526,000 | 4 Keuka View Estates Road, Milo, NY 14527
1/2
3

$526,000

Sold 12/12/25

4
Bedrooms
2,400
Square Feet
1.14
Acres
$360,000 | 6 White Tail Lane, Milo, NY 14527
1/2
4

$360,000

Sold 06/05/26

4
Bedrooms
2,064
Square Feet
1
Acres
$215,000 | 111 Stark Avenue, Milo, NY 14527
1/2
5

$215,000

Sold 02/07/25

5
Bedrooms
2,508
Square Feet
0.09
Acres
$1,350,000 | 507 East Lake Road, Milo, NY 14527
1/2
6

$1,350,000

Sold 09/22/26

4
Bedrooms
1,500
Square Feet
0.23
Acres
$695,000 | 2470 George Fullagar Road, Milo, NY 14527
1/2
7

$695,000

Sold 10/23/24

3
Bedrooms
2,770
Square Feet
1.68
Acres
$168,000 | 175 Cornwell Street, Milo, NY 14527
1/2
8

$168,000

Sold 10/31/25

5
Bedrooms
2,736
Square Feet
0.44
Acres
$1,130,000 | 622 Railroad Bed Road, Milo, ME 04463
1/88
9

$1,130,000

Sold 08/29/25

4
Bedrooms
2,438
Square Feet
5.07
Acres

Location

Listing Courtesy of Keller Williams Southern Tier

Sold By Michael DeRosa Exchange

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$7,467 per month

30 year fixed, 7.03% Interest

Principal and Interest

$6,566

Property Taxes

$901

HOA Dues

$0

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Property Information for 497 East Lake Road

Property Details
  • Taxes: $10,810 / year
  • MLS Type: Residential / Single Family Residence
  • County: Yates County
  • Subdivision Comm Complex: NONE
  • Styles Of Residence: Raised Ranch
  • Waterfront Description: Beach Access, Boat Ramp Lift Access, Dock Access, Lake
  • On Waterfront: Yes
  • Parking Description: Underground
  • Zoning Code: RES
  • Nearest Cross Street: SR 54
Building Information
  • Stories: 1
  • Year Built: 1957
  • Lot Size: 0.55 AC / 24,108 SF
Summary
Location and General Information
  • Elementary School District: Penn Yan
  • High School District: Penn Yan
  • Middle Or Junior School District: Penn Yan
  • Village: Not Applicable
  • View: Water
  • View YN: Yes
  • Human YN: No
Parking
  • Garage Spaces per Apt: 2.00
  • Garage YN: Yes
Taxes and HOA Information
  • Area NYSWIS Code: Milo-573089
  • Tax Annual Amount: $10,810.00
Property
Lot Information
  • Building Area Source: Listing Agent
  • Building Area Total: 2677.0
  • Land Features: Rectangular, Rectangular Lot
  • Num Of Acres: 0.5534
  • Lot Size Area: 0.5534
  • Lot Size Square Feet: 24108.0
  • Lot Size Units: Acres
  • Parcel Number: 573089-085-070-0001-008-000-0000
  • Road Frontage: Main Thoroughfare
  • Lot Number: 8
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $630,200
  • Year Built: 1957
  • Year Built Description: Existing
Utilities
  • Electric Service: Circuit Breakers
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding, Wood Siding, Insulated Concrete Forms
  • Exterior Features: Blacktop Driveway
  • Foundation Description: Block
  • Waterfront Footage: 98
  • Other Structures: Sheds, Storage
  • Patio And Porch Features: Open, Porch
  • Roof Description: Metal
  • Security Features: Security System Owned
  • Waterfront Name: Keuka Lake
Interior Features
  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Refrigerator, Washer
  • Basement Description: Partially Finished
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 5
  • HVAC Type: Ductless
  • Cooling YN: Yes
  • Num Fireplaces Total Calculated: 1
  • Fireplace YN: Yes
  • Floor Description: Carpet, Ceramic Tile, Hardwood, Laminate, Varies
  • Heating: Ductless, Gas, Baseboard, Hot Water
  • Heating YN: Yes
  • Interior Features: Eat In Kitchen, Separate Formal Living Room, Pull Down Attic Stairs, Bedroom On Main Level
  • Laundry Features: Main Level
  • Levels: One
  • Sq Ft Total: 2677.0
  • Main Level Bathrooms: 2
  • Num Bedrooms 1 St Floor: 3
  • Num Of Rooms: 9
  • Window Features: Drapes
Room 1
  • Room Type: Other
Room 2
  • Room Level: First
  • Room Type: Bedroom1
Room 3
  • Room Type: Other
Room 4
  • Room Level: Lower
  • Room Type: Foyer
Room 5
  • Room Level: First
  • Room Type: Laundry
Multi Family
Multi-Family Information
  • Number Of Units Total: 0
  • Stories: 1
  • Stories Total: 1

Property History for 497 East Lake Road

DateEvent & SourcePriceAppreciation
Jan 28, 2025

Sold

New York State Alliance of MLSs (Buffalo) #EC277946

$1,230,000—
Jan 28, 2025

Sold

WNYREIS #EC277946

$1,230,000—
Jan 28, 2025

Sold

WNYREIS #R1576784

$1,230,000—
DateEvent & SourcePrice
01/28/2025

Sold

New York State Alliance of MLSs (Buffalo) #EC277946

$1,230,000
01/28/2025

Sold

WNYREIS #EC277946

$1,230,000
01/28/2025

Sold

WNYREIS #R1576784

$1,230,000

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

Public Records for 497 East Lake Road

Taxable ValueLand$265,500Additions$364,700Total$630,200
Tax Record2026$11,368 ($947 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt1,559 SqFtAbove Grade Finished SqFt1,559 SqFtStories1Lot Size24,108 SqFtStyleSingle Family ResidenceYear Built1957Year Renovated1957ZoningLRCountyYATESAPN573089 85.70-1-8

Schools near 497 East Lake Road

This home is within Penn Yan Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Penn Yan Elementary School
PublicPK to 5

Penn Yan Middle School
Public6 to 8

Penn Yan Academy
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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 497 East Lake Road, Milo, NY 14527
$1,230,000
5
2,677
24,108
–
2
1.5
1,974
28,290
–
2
1
1,015
22,750
$321,500
3
1,350
24,393
$260,000
1
1
720
11,250
$585,000
3
1,248
31,188

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.

Listing Courtesy of Keller Williams Southern Tier

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.