Calling all investors, contractors, and buyers looking for their next renovation project! This 2-bedroom, 1-bath cottage in the Lake Peekskill community offers tremendous potential and is ready for a complete transformation. Original character remains throughout, including a welcoming living room with a stone fireplace, a spacious formal dining room, original woodwork and seasonal water view. The large attic presents the opportunity to create additional living space, while the private, level backyard provides plenty of room for outdoor enjoyment. With vision and renovation, this property could become the perfect starter home, weekend retreat, or investment opportunity. Property is being sold as is. CASH DEAL ONLY.
Single-familyProperty Type
1940Year Built
0.29 acresLot Size
$300Price/Sq.Ft.
Listing by Jason Kerwar• William Raveis Real Estate
Listing by Diane Madden• William Raveis Real Estate
Lake Peekskill, located between Peekskill Hollow Road and the Taconic State Parkway corridor, is a lakeside and wooded Putnam Valley neighborhood with a private-lake shoreline and winding hillside roads. The neighborhood’s character concentrates at the Lake Peekskill Community Center by the water, where seasonal gatherings and a low-key, outdoors-first rhythm set the tone. Architectural cues lean toward mid-century cabins, updated lake cottages, and contemporary rebuilds tucked into the trees. Lake Peekskill Beach and the surrounding shoreline define daily routines with swimming, paddling, and sunset walks. Nearby, Fahnestock State Park adds trail networks and reservoir views that keep the landscape feeling expansive. A short drive to the hamlet center brings local staples like the Putnam Valley Town Park and the Putnam Valley Library for community programming.
Provided by Walk Score and Local Logic
Offer insights
214 Walnut Rd · $249,999
$258K and above
75% chance or better to win
Why $258K+ is a strong offer
DAYS ON MARKET
61 days
The average home goes pending in 29 days.
SALE-TO-LIST
102.2%
Most homes are selling 2% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
First-floor bedroom
First-floor full bath
Deck
Bedrooms
One-level home with bedrooms on the first floor
Bathrooms
One full bathroom
Kitchen
No appliances listed
Laundry & utility
No laundry appliances listed
Flooring
Hardwood floors
Heating & cooling
Baseboard heating
Oil heating
No cooling
Exterior features
Partially wooded lot
Home design
Single family residence
One story
Parking
Driveway parking
Off-street parking
Construction
Frame construction with wood siding
Full unfinished basement
Utilities
Septic tank
Cable available
Electricity available
Sewer connected
Water connected
Electricity and solar
View estimated energy costs and solar savings for this home
2 Bedroom, 1 Bathroom Ranch in T/Putnam Valley! Some original woodwork, private. Sold as-is. Buyer to pay NYS Transfer Tax. Offers with financing must be accompanied by pre-qual letter; cash offers with proof of funds. Additional Information: HeatingFuel:Oil Above Ground,
The LP District is the residential district with the highest density and covers the areas surrounding Lake Peekskill. The purpose and intent of the LP Lake Peekskill District is to provide for the regulation of mixed single-family and multifamily residential areas and resemble a village atmosphere. Regulations for development in the LP District are intended to reflect existing residential densities and patterns and should be restricted to those areas with an adequate supply of water and adequate parking.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 98° expected this year, 15 days in 30 years
4/10 Wind Factor
22% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Lake Peekskill, NY • 10537
Average low and high temperatures (°F)
35
21
38
23
55
35
64
44
72
53
83
62
88
69
83
63
78
58
68
47
55
38
40
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.1 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 214 Walnut Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $160,000 and $570,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $160K to $570K.