$18,000

82 Lake Drive, Lake Peekskill, NY 10537

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 24 days ago

Property Description

The Ghost Lot of Lake Drive: The Story of 82 Lake Dr, Lake Peekskill. Tucked into a quiet curve along Lake Drive, just up from the shimmering water, lies a small and easily overlooked piece of land—82 Lake Dr. It’s just 0.11 acres, and unless you knew better, you might mistake it for an empty side yard or a forgotten garden. But once, there was a home here. In 1998, a fire broke out and burned the house to the ground. Some say it started in the kitchen, others blame an old space heater. The cause has faded into local legend, but the aftermath remains painfully clear: nothing has stood here since. For more than two decades, the lot has sat vacant—untouched, unmoved, and uncertain. Wild growth has slowly crept in. A few stones poke out from the soil where the foundation once stood. Sometimes in spring, lilies bloom where a garden once might have been. But there’s a reason nothing’s been built. The lot, though once developed, now falls under LP zoning in the Town of Putnam Valley—where a 2-acre minimum is required for new construction. At just 0.11 acres, 82 Lake Dr is far from compliant. Even though a house once stood, today's zoning rules have locked the property in a kind of bureaucratic limbo. To the untrained eye, it might seem like a teardown opportunity. But in practice, it’s more complicated. Rebuilding would likely require approvals for variances or creative redevelopment ideas—and those don’t come easy. To investors, it’s a technical challenge. To buyers with vision, it's a test of persistence. And to longtime locals, it’s a quiet landmark—a reminder of a family that once lived here, of a fire no one forgets, and of how a home can disappear while the land itself remains frozen in time. In real estate, every parcel tells a story. Some stories are about luxury. Some about opportunity. And some, like 82 Lake Dr, are about what used to be—and what might be again, if someone dares to ask the right questions.

Listing Status:
Active
Listing Office:
Coldwell Banker Realty : 914-245-3400
MLS ID:
884334
  • Road/Access: Municipal
  • Originating MLS: onekey2
  • School District: Putnam Valley
  • County: Putnam County

This listing courtesy of Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Putnam Valley Elementary School

171 Oscawana Lake Rd, Putnam Valley, NY, 10579

Grades PK-4

1.03 miles away

P

Putnam Valley Middle School

142 Peekskill Hollow Rd, Putnam Valley, NY, 10579

Grades 5-8

1.14 miles away

P

Putnam Valley High School

146 Peekskill Hollow Rd, Putnam Valley, NY, 10579

Grades 9-12

1.14 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.