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There are homes around Lake Mahopac that sit near the water but never quite feel connected to it. Averill Estates is different. A private gated enclave removed from the roads that ring the lake, it has one lane, no through traffic, and the kind of quiet that comes from a place with no reason to let the outside world in. Residents enjoy private beach access on one of the only motorboat lakes in Putnam County. But 26 Averill Drive goes further than that. Directly across the private lane, a separately deeded lakefront parcel belongs to this address and no other in the community. Not association access. Not shared rights. A deed. A paver walkway with integrated lighting leads to the water, where the parcel opens across two levels of outdoor living. Above, an entertaining terrace behind a stacked stone wall is outfitted with a built-in grill, refrigerator, and granite counters. Below, steps reach a paver platform opening onto a 48-foot Trex dock with solar lighting and room for a boat and two jet skis. Open water views stretch across Lake Mahopac, and on still evenings at sunset, the value of owning this parcel rather than simply accessing the lake becomes unmistakable. Believed to have origins as a barn on the original Averill Estate, circa 1850, this four-bedroom, 3. 5-bath post and beam Colonial still carries the character of what it once was. Original wide-plank barn floors and soaring beamed ceilings give the home a character and permanence that no new construction can manufacture. A custom hand-carved 39-inch front door crafted by an artisan who once built Greek altars announces what it has become. The main level is built for everyday living and entertaining. A Viking gas range with pot filler, Bosch dishwasher, and a large walk-in pantry anchor the kitchen. The living room unfolds from a bar and sitting area with a stone pellet fireplace into a larger gathering space anchored by a full brick feature wall. On a cool evening with the fire going, this room settles into exactly the kind of space you had in mind. The dining room opens directly from the living space and is lined with French doors and arched transom windows that pull natural light across the room throughout the day. Just off the kitchen, a bluestone patio with two built-in grill stations, a hot tub, and lake views flows into an elevated covered deck where the lighting turns long summer dinners into evenings that linger. The main level also includes a fourth bedroom, full bath, and flexible bonus room offering guest space, work-from-home flexibility, or the ease of main-level living. Upstairs, the primary suite occupies its own wing with original barn floors and beamed ceilings. The ensuite bath features a jetted soaking tub, separate shower, and radiant heated tile floors on a timer. The primary bedroom has a California Closets walk-in and connects to a full Dressing Suite with two skylights, custom built-ins, an 18-shelf shoe rack, quartz vanity counter, and in-suite laundry. Two additional upstairs bedrooms offer lake views, wide-plank floors, and built-in double closets. The lower level offers a family room that earns its place at the end of a day on the lake. Come in off the water, settle around the gas fireplace, put on a movie, and let the evening take its time. A heated one-car garage connects to a ventilated club room with a sink, beverage refrigerator, and built-in media cabinetry. After dinner, after the dock, the room you close the door on. Some properties offer lake access. Very few offer a life built around it.
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Our Executive Mortgage Banker:
$1,375,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,100,000 | $1,100,000 | $1,100,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $2,159 | $2,159 | $2,159 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,246 | $6,773 | $9,282 |
| Total Monthly Payment | $8,530 | $9,057 | $11,566 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.