58 Hillair Road, Lake Peekskill (Putnam Valley), NY, 10537 | $478,000

Indulge in the splendor of this breathtaking mountaintop ranch, meticulously renovated to perfection and ready for an immediate luxury lifestyle. This impressive residence showcases three generous sized bedrooms, complemented by an additional study or sitting room for added versatility. The spacious living room and dining room with tall cathedral ceilings are adorned with a fireplace, creating an atmosphere of refined charm, warmth and cozy elegance. In the heart of the home is a sleek and modern eat-in kitchen equipped with new wi-fi enabled stainless steel appliances, quartz countertops, and a sliding glass door that opens onto a sprawling new 500 square foot deck that overlooks a wooded forest area and that can accommodate one hundred guests. This outdoor haven has a lush private garden and wooded landscape ideal for both dining under the open sky and hosting memorable gatherings. Say farewell to the challenges and expenses of fixer-uppers as this residence is ready immediately for your enjoyment. The bathroom is a true work of art, adorned with floor-to-ceiling Italian tiles, custom cabinetry, and carefully curated decor accents. Check out the full size walk in unfinished basement which offers shelving and tons of storage space, perfect for a wine enthusiast. This house sits on an expansive level lot and is very private. Numerous upgrades, including new golden oak floors, new LED lighting, plumbing, electrical, bathroom, well pump, and a spacious new driveway accommodating about 10 vehicles add to the allure of this residence. A brand new 1000 Gallon Septic tank was installed in 2024. This property comes with the exclusive rights to use Lake Peekskill for fishing, canoeing, and swimming. Conveniently situated near restaurants and shopping, this property invites you to live, entertain and savor life in unparalleled style and yet be close to NYC. Seize the opportunity to make this extraordinary property your own!

Features

  • Town: Lake Peekskill
  • Amenities: Lake Association
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 1 full
  • Style: Ranch
  • Year Built: 1940
  • Heating: Oil, Hot Water
  • Cooling: None
  • Basement: Unfinished, Walk-Out Access
  • Approx Sq. Feet: 1,300
  • Acreage: 0.53
  • Est. Taxes: $10,265
  • Lot Desc: Level, Near Public Transit
  • View: Other, Water
  • Water Front: Yes
  • Elem. School: Putnam Valley Elementary School
  • Middle School: Putnam Valley Middle School
  • High School: Putnam Valley High School
  • School District: Putnam Valley
  • Appliances: Dryer, Microwave, Oven, Refrigerator, Washer, Stainless Steel Appliance(s)
  • MLS#: H6313950
  • Days on Market: 13 days
  • Website: https://www.raveis.com
    /prop/H6313950/58hillairroad_lakepeekskill_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Berkshire Hathaway HS NY Prop   Phone: 914-834-7777

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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58 Hillair Road, Lake Peekskill (Putnam Valley), NY, 10537

$478,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $382,400 $382,400 $382,400
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.867% 7.159% 6.538%
Monthly Tax Payment $855 $855 $855
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,576 $2,542 $3,279
Total Monthly Payment $3,506 $3,472 $4,209

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.