82 Lake Drive, Lake Peekskill, NY

$18,000

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0.11

Acres

About 82 Lake Drive

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.

Features of 82 Lake Drive

MLS® # 884334
Price $18,000
Sold Price $11,000
Date Sold September 24th, 2025
Bathrooms 0.00
Acres 0.11
Taxes $1,181
Type Land
Status Closed

Community Information

Address 82 Lake Drive
City Lake Peekskill
County Putnam County
State NY
Zip Code 10537
Adult 55+ Community No

Amenities

Utilities Cable Available, Electricity Available, Phone Available
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

School Information

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

Additional Information

Date Listed July 2nd, 2025
Days on Market 42
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty

Listing Map

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