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Enjoy scenic mountain views, tranquility of nature, and a short stroll to stunning Lake Oscawana with everything lake life has to offer. This impeccably kept and beautifully clean Colonial is nestled in the highly desirable Abele Park lake community of Putnam Valley, complete with LAKE RIGHTS. Set on a private 1/2-acre lot surrounded by mature trees, this thoughtfully designed home offers spacious, well-proportioned living space in a serene private setting. Featuring 2 bedrooms and 1. 5 baths, the residence includes select updates throughout and is filled with natural light streaming through oversized Andersen windows, complemented by newly refinished hardwood floors. The main level features a practical mudroom-style entrance, perfect for keeping everyday gear organized and welcoming guests. The spacious, well-appointed kitchen boasts stainless steel appliances, Corian countertops, a large pantry, and flows seamlessly into the dining room, ideal for everyday living and entertaining alike. Sliding glass doors lead to an oversized refinished deck, ideal for enjoying quiet moments amid the home’s natural, forested setting. A stylish remodeled half bath is conveniently located on the main level. The inviting living room provides a cozy gathering space with a working wood-burning fireplace. Upstairs, the large primary bedroom features abundant closet space and a beautifully updated en-suite full bath with modern, refined finishes. The second bedroom is generously sized and can be easily divided to create a third bedroom, featuring an oversized closet and convenient hall access to the updated full bath. The walkout lower level presents a substantial unfinished area along with a separate storage room, offering endless potential for customization. This property is beautifully enhanced by established perennial gardens surrounding the home and a thoughtfully sectioned area ideal for growing your own vegetables. Enjoy the lifestyle this community provides with year-round recreation including boating, kayaking, swimming, fishing, and even ice skating. Residents also have access to a park and beach area, perfect for gatherings, barbecues, and relaxing lakeside days. Whether you're searching for a weekend getaway, summer retreat, or full-time residence, this move-in-ready home combines charm, space, privacy and an unbeatable location in a welcoming lake community.
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Our Executive Mortgage Banker:
$529,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $423,920 | $423,920 | $423,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.398% | 5.614% |
| Monthly Tax Payment | $1,110 | $1,110 | $1,110 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,508 | $2,610 | $3,436 |
| Total Monthly Payment | $3,710 | $3,812 | $4,638 |
* 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.