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Josephine Tarulli
Licensed Real Estate Salesperson
REALTOR®
Cell: (516) 978-9555
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18 Sylvan Road, Lake Peekskill, NY 10537

$684,000
  • 18 Sylvan Road, Lake Peekskill, NY 10537 Main Photo

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Active Price Reduced $5,000 on August 17th, 2026
BEDS4 BATHS3 full MLS#1028933
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLPutnam Valley

Property 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 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

18 Sylvan Road | MLS# 1028933

This multi-family property located at 18 Sylvan Road, Lake Peekskill, NY 10537 is currently listed for sale with an asking price of $684,000. Sylvan Road is located within the Putnam Valley school district. Search Lake Peekskill real estate on jtarulli.coachrealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space, Finished, Full
Basement: Yes
Cooling: Central Air, Ductless
Heating: Heat Pump, Oil
Home Style: Ranch
Lot Size: 0.62 Acres
Taxes: $13,173
Year Built: 1945

Amenities

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
Garden
Mailbox

Feature Descriptions

Attic: Full, Pull Stairs
Building Area Total: 2502
Days on Site: 26
Exterior: Frame
Flooring: Carpet, Combination, Laminate, Tile, Vinyl
Formal Dining: Yes
Heating Units: 2
Heating Zones: 2
Included In Taxes: Trash
Inclusions: Refrigerator (1), Stove (1), Dishwasher (1), Light Fixtures
On Market Date: 2026-07-22
Other Structures: Shed(s)
Parcel Number: 372800-091-025-0001-013-000-0000
Parking Features: Driveway
Parking Total: 6
Patio And Porch: Deck, Patio
Rental Term: Monthly
Road Responsibility: Public Maintained Road
Separate Electric Meters: 2
Sewer: Septic Tank
Special View Info: Lake, Mountain(s), Neighborhood, Trees/Woods, Water
Units: 2
Utilities: Cable Connected, Electricity Connected, Trash Collection Private
Water: Well
Waterfront Features: Pond

Local Schools

High School: Putnam Valley High School
Middle School: Putnam Valley Middle School
Elementary School: Putnam Valley Elementary School
School District: Putnam Valley

Listed By / Shown By

Listing By

Agency Name: Coldwell Banker Realty
Agency Contact: 914-277-5000

Shown By

Agent Name: Josephine Tarulli
Agent Phone: Cell: (516) 978-9555
Agency Title: Howard Hanna | Coach Realtors

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Estimated Payment

$ 4,234.74 per month $2,937.49 Principal & Interest $1,097.75 Property Tax $199.50 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 08/17/2026. The listing information on this page last changed on 08/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 08/17/2026 12:06:33 AM EST) or OneKey MLS (last updated Mon 08/17/2026 12:00:21 AM EST). Real estate listings held by brokerage firms other than Howard Hanna | Coach Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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