Lake Peekskill Homes under $500,000

Welcome to Lake Peekskill, a hidden gem nestled in the heart of Putnam County, New York. This charming community offers a perfect blend of natural beauty and suburban comfort, making it an ideal choice for families, retirees, and everyone in between. With its serene lakes, lush parks, and picturesque landscapes, Lake Peekskill provides a tranquil escape from the hustle and bustle of city life, while still being conveniently located just a short drive from the vibrant towns of Peekskill and Cold Spring.

One of the most appealing aspects of Lake Peekskill is its diverse real estate market, particularly for those seeking homes under $500,000. Here, you’ll find a variety of charming properties that cater to a wide range of lifestyles. From cozy single-family homes with spacious yards to quaint cottages that exude character, there’s something for everyone. Many of these homes offer modern amenities and are situated in friendly neighborhoods, perfect for creating lasting memories.

The community is also rich in recreational opportunities, with numerous hiking trails, fishing spots, and boating activities available at your doorstep. Whether you’re enjoying a peaceful day at the lake or exploring the nearby scenic trails, Lake Peekskill is a nature lover’s paradise.

With its affordable housing options and welcoming atmosphere, Lake Peekskill is not just a place to live; it’s a place to thrive. Discover your dream home in this enchanting community today and embrace the lifestyle you’ve always wanted!

Newest Lake Peekskill Homes under $500,000

$229,000

2 Beds ⋅ 1 Baths ⋅ 1063810 MLS

Log cabin with open floor plan, huge deck and views. Spacious layout includes living room w/cathedral ceiling & stone fireplace, dining area & galley kitchen. Partially covered deck with with mountain views to the east and mesmerizing sunrises. Private and secluded, yet easy access to local attractions, dining, shopping & commuter routes. Ideal as a primary residence or weekend retreat. Sold as-is. Cash offers only.

76 Pleasant Road, Lake Peekskill

$299,900

3 Beds ⋅ 1 Baths ⋅ 1059085 MLS

HANDYMAN SPECIAL! Opportunities like this under $300,000 don't come along every day. Priced at just $299,900, this Lake Peekskill ranch offers over 1,000 square feet of living space, 3 bedrooms, 1 full bath and an additional bonus room, all on nearly a third of an acre. Whether you're an investor looking for your next fix and flip or a buyer ready to roll up your sleeves and create something of your own, there's plenty here to work with! One of the nicest surprises is the spacious eat-in kitchen, already updated with newer cabinetry and appliances, saving you from having to start from scratch. A lovely dinette area surrounded by oversized windows fills the room with natural light and views of the outdoors. The generously sized living room provides a welcoming gathering place, while three bedrooms offer comfortable accommodations. An additional room adds flexibility, ideal for a private office, den, hobby room or whatever suits your lifestyle. With everything conveniently arranged on one level and a ramp at the side entrance, the layout offers practicality and ease of access. And there's more than meets the eye! A large basement provides valuable storage and possibilities for future use, while the property offers a surprising amount of outdoor enjoyment. Mature trees, natural rock formations, grassy areas and lush surroundings create an appealing sense of privacy. There's room to garden, entertain, unwind or simply appreciate the peaceful setting. A deck and off-street parking add to the appeal. Of course, this one needs some TLC! A new roof, flooring, ceiling and sheetrock repairs, along with exterior improvements, are among the projects awaiting its next owner. But the asking price reflects the condition, leaving an opportunity to renovate, personalize and bring out the best in this house. With a generous footprint and versatile layout already in place, there's a great starting point for someone with the vision to make it shine. Lake Peekskill has a character all its own, with its beautiful lake, wooded landscape and relaxed atmosphere. Spend an afternoon by the water, explore the neighborhood on foot or take in the changing seasons that make this community so inviting. Shopping, restaurants, major roadways and train connections are within reach, offering everyday convenience while preserving that wonderful getaway feeling. Bring your contractor, your imagination and your plans! Whether you're looking to renovate and resell or transform this into your own personal retreat, here's your chance to turn some hard work into something wonderful!

122 Becker Street, Lake Peekskill

$415,000

3 Beds ⋅ 1 Baths ⋅ 1059084 MLS

Welcome to this charming Lake Peekskill cottage, where peaceful surroundings, original character and thoughtful improvements come together beautifully. Ideal for a first-time buyer, weekend getaway or anyone looking to simplify without sacrificing comfort. Easy ranch-style living with so much to love! Step into the gorgeous sunroom, currently enjoyed as an oversized dining room, where walls of windows surround you with greenery and natural light. Imagine gathering around the table for a leisurely breakfast, hosting dinner with friends or simply watching the seasons change from your own little sanctuary. From here, the layout flows into a spacious kitchen with abundant cabinetry, stainless steel refrigerator, propane gas stove, convenient breakfast bar and a sweet coffee nook to start your mornings. An interior opening overlooks the living room, creating the opportunity to hand over hot cocoa and cookies before settling in beside the beautiful brick wood-burning fireplace. Hardwood floors and a cozy atmosphere make this the kind of setting that encourages you to settle in and stay awhile. A generous entry hallway ties everything together, offering possibilities for a workspace, organizational area or other creative uses. A beautiful sliding barn door adds another touch of personality, while the stunning renovated bathroom features a stylish walk-in shower with subway tile, glass enclosure and contemporary finishes. The bedrooms are surprisingly spacious! The primary is particularly impressive with soaring ceilings, lovely woodwork and clever overhead storage accessed by a ladder above the closets. Another generously sized bedroom offers plenty of flexibility to suit your needs. And just wait until you step outside! The grounds are private, serene and easy to maintain, with a lovely level lawn framed by mature trees. Gather around the firepit under the stars, relax beneath the gazebo with a good book, enjoy outdoor dining or spend an afternoon listening to the sounds of nature. There's even a pond where you can feed the fish! The setting feels like a getaway without the upkeep of a sprawling property. Living in Lake Peekskill brings another dimension to the experience. Head down to the lake for fishing, canoeing or a relaxing afternoon by the water, then stop at one of the local delis or restaurants. Shopping, schools, hospitals, major roadways and Metro-North connections are all within reach, making everyday conveniences accessible while preserving that wonderful sense of being away from the hustle and bustle. Recent improvements include a new roof, heat pump, hot water heater, well pump, electrical panel, retaining wall, walkway and beautifully renovated bathroom. The kitchen cabinetry was updated in 2019, blending practicality with the cottage's original charm. Filled with warmth, individuality and just the right mix of old and new, this delightful retreat offers a lifestyle that's easy to embrace. Come for the natural beauty, stay for the feeling. Home sweet home!

30 Maple Road, Lake Peekskill

$379,999

2 Beds ⋅ 1 Baths ⋅ 1051530 MLS

Welcome Home to Lake Peekskill! Charming, cozy, and full of possibilities, this delightful two-bedroom, one-full-bath home offers peaceful surroundings, privacy, and a wonderful connection to nature. Situated on a quiet dead-end road, this home features an inviting open floor plan, a spacious kitchen, and French doors leading to a large deck—perfect for relaxing, entertaining, or simply enjoying the beautiful natural setting. One of the home’s standout features is the gorgeous stone fireplace, adding warmth, character, and a cozy focal point to the living space. Whether you’re looking for a great step up from apartment living, an alternative to renting, or the perfect place to downsize without giving up space and privacy, this home offers plenty of potential. Enjoy a peaceful, nature-filled setting while still being conveniently located near restaurants, shopping, and major commuter routes and schools. A must-see to truly appreciate all this home has to offer. Come take a look and make Lake Peekskill your new home! Public garbage service and Lake Peekskill lake rights are an extra bonus.

153 Nardin Road, Lake Peekskill

$389,900

2 Beds ⋅ 1 Baths ⋅ 1047835 MLS

Some places have a way of slowing everything down, and this charming Lake Peekskill cottage does exactly that. Surrounded by 2.3 acres of lush greenery, it feels wonderfully removed from the rush of everyday life, with an amount of land that gives this setting a character all its own. Whether you are searching for a full-time residence or a weekend getaway, this is the kind of place where you can exhale, unplug and settle into a quieter pace. The front porch may quickly become your favorite spot. Bring a swing, pour your morning coffee and listen to the birds while taking in the natural surroundings. Step inside and that same sense of warmth continues in the cozy living room, where a high ceiling and stone wood-burning fireplace create an inviting first impression. Two bedrooms and a full bath carry through the cottage's restful simplicity. The bright eat-in kitchen features stainless steel appliances and leads into an absolutely delightful dining room, made even more appealing by two separate exterior doors. One opens toward the front grounds and the other to the rear, creating an easy connection between indoors and out. Entertaining can spill beyond the table, while quiet days might simply mean opening the doors, wandering the acreage or heading outside with your pup whenever the mood strikes. A large walk-out basement with its own entrance provides plenty of storage along with access to the utilities. The generous driveway accommodates multiple vehicles with additional room for recreational toys. Recent improvements include a Generac Generator, well tank approximately one year old, along with a water tank and boiler both less than two years old. Lake Peekskill adds another dimension to the lifestyle here, with opportunities for fishing, canoeing and peaceful walks near the water. Yet for all the privacy and natural beauty surrounding you, everyday conveniences remain remarkably close. Schools, shopping, restaurants, takeout, medical offices, highways and train stations can all be reached in approximately ten minutes or less, with several even closer. A little cottage, a remarkable piece of land and more than two acres to call your own. Come here for the porch, stay for the peacefulness, and discover just how good life can feel when nature is right outside your door.

149 Tanglewylde Road, Lake Peekskill

$369,000

2 Beds ⋅ 1 Baths ⋅ 1054613 MLS

Looking for your piece of the American Dream at a fraction of what many homes are selling for today? Look no further. This two-bedroom, one-bath home offers additional finished living space in the basement, currently being utilized as a third bedroom, with additional space that could be ideal for a second family room, home office, recreation area, or flexible living space. Currently tenant-occupied, the property offers the opportunity to purchase as a primary residence or consider its potential as an income-producing investment. For buyers looking to make a home their own, some cosmetic updates and TLC could go a long way toward unlocking its full potential. Investors may appreciate the opportunity to add a rental property in a convenient commuter-friendly location to their portfolio. Enjoy suburban living while maintaining convenient access to New York City. The home is positioned near the Taconic State Parkway and Metro-North train service, providing multiple options for commuters. Everyday conveniences are also close by, including a neighborhood deli, restaurants, schools, and area lakes. The photos show the possibilities. Bring your vision, make the improvements that suit your style, and create a home that works for you. With home prices continuing to challenge affordability throughout the region, opportunities at this price point and in a location with access to major roadways and public transportation deserve attention. Whether you're looking for a place to call home or an investment opportunity, this property offers flexibility, location, and potential. Come see what you can create here.

55 Morrissey Drive, Lake Peekskill

$199,000

2 Beds ⋅ 2 Baths ⋅ 1051295 MLS

If you've ever wanted to call Lake Peekskill home, this is your opportunity - bring your contractor. Set on a quarter-acre lot on a quiet, small cul-de-sac in a charming lake community, this 2-bedroom, 1.5-bath property has a private patio perfect for barbecuing on summer nights or gathering around a firepit in the fall, This home boasts a three car driveway for convenient off street parking. Close to shopping, restaurants and parks. Commuters will appreciate the easy access to major routes and Metro-North, putting NYC within about an hour's drive. Do not hesitate to make an appointment to see this fabulous opportunity. Property Sold As-Is.

22 Harper Street, Lake Peekskill

$389,000

3 Beds ⋅ 1 Baths ⋅ 1050986 MLS

Welcome to 169 Walnut Road, a charming 3-bedroom, 1-bath home in the Lake Peekskill community of Putnam Valley. Set on a private, wooded property, this home offers a warm and inviting interior with hardwood floors, exposed beams, natural wood details and plenty of character throughout. The main level features a comfortable living area, kitchen, three bedrooms and a full bath, while ductless mini-split units provide cooling throughout the living space and bedrooms. The home’s finished full walk-out basement adds valuable additional space with flexibility for a recreation area, home office, studio, hobby space, storage or other uses. Laundry is also conveniently located on the lower level. Outside, enjoy a peaceful setting surrounded by mature trees, with a backyard, patio area and storage shed offering plenty of opportunity to relax, garden or create your own outdoor retreat. The property also features private well and septic systems. Located in Lake Peekskill within the Town of Putnam Valley, this home combines the character of a cozy Hudson Valley property with convenient access to the surrounding area’s lakes, parks, recreation and natural beauty. Whether you’re looking for a primary residence or a weekend escape from the city, 169 Walnut Road offers a wonderful opportunity to make this unique property your own. Seller Occupied.

169 Walnut Road, Lake Peekskill

$375,000

4 Beds ⋅ 2 Baths ⋅ 996109 MLS

Welcome to 116 Lake Drive, an investors dream, a retreat offering lake access just across the road—perfect for peaceful mornings and scenic views. Ideally located near the Taconic Expressway, this home provides the perfect balance of tranquility and convenience. Recent updates include a newer roof and gutters, a 150-amp electrical panel, and a new oil tank installed in 2023, offering comfort, efficiency, and peace of mind. Whether you’re searching for a weekend escape or a full-time residence, this inviting home is ready for you to settle in and enjoy. *Additional Lot Included in Sale, repairs needed throughout* home has a new well pump, new tank and new electric for the well pump.

116 Lake Drive, Lake Peekskill

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Lake Peekskill Homes under $500,000

Newest Lake Peekskill Homes under $500,000

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