37 Knapp Road, South Salem, NY, 10590 | $899,000

Welcome to your whimsical lakefront paradise on magnificent Lake Oscaleta! This charming, thoughtfully updated 1930s cottage offers a rare and magical opportunity to experience true waterfront living. Perfectly positioned right at the water’s edge, this two-bedroom, two-bathroom retreat beautifully replicates the enchanting feeling of living on a houseboat, surrounded by panoramic nature and water views. Step inside to find a bright and cheery, modern kitchen equipped with new stainless steel appliances and an open dining area designed for seamless entertaining against a backdrop of spectacular lake vistas. The spacious living room serves as the heart of the home, featuring a cozy wood-burning fireplace that promises warm winter evenings. Transition easily into the adjacent enclosed sun porch, a serene space where you can savor morning coffee or unwind with sunset views over the tranquil waters. Outdoor living is unmatched here. Step out onto the large deck perched directly at the water’s edge, or enjoy the sweet, private patio located right off the kitchen—ideal for al fresco dining. A standout feature of this property is the separate, detached boathouse with a private dock. This unique structure offers endless future possibilities: perhaps an inspiring lakeside home office, a quiet artist's studio, or a spectacular recreation space. Lake Oscaleta is a pristine freshwater haven connected by direct water channels to both Lake Waccabuc and Lake Rippowam. Enjoy year-round recreation right from your backyard—swim, boat, kayak, fish, or ice skate. Whether you are seeking a full-time residence or a peaceful weekend escape from the city, this amazing home provides an unparalleled lifestyle. A very special and rarely available offering—you won’t want to miss this one!

Features

  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Style: Cottage
  • Year Built: 1930
  • Garage: 2-car
  • Heating: Baseboard, Electric
  • Cooling: Wall/Window Unit(s)
  • Approx Sq. Feet: 1,000
  • Acreage: 0.72
  • Est. Taxes: $10,512
  • Lot Desc: Part Wooded, Sloped, Views, Waterfront
  • View: Lake, Panoramic, Water
  • Water Front: Yes
  • Elem. School: Increase Miller Elementary School
  • Middle School: John Jay Middle School
  • High School: John Jay High School
  • School District: Katonah-Lewisboro
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: 1004173
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /raveis/1004173/37knapproad_southsalem_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Paul TollefsonLicensed Real Estate Salesperson

914.705.3048

Paul.Tollefson@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.

Vincent DiMellaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 24240

914.494.1459

Vincent.DiMella@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Jennifer HartRegional Sales Manager, William Raveis Insurance

978.457.6220

Jennifer.Hart@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

37 Knapp Road, South Salem, NY, 10590

$899,000

Paul Tollefson

Licensed Real Estate Salesperson

William Raveis Real Estate

Phone: 914.705.3048

Paul.Tollefson@raveis.com

Vincent DiMella

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.494.1459

Vincent.DiMella@raveis.com

NMLS Mortgage Loan Originator ID 24240

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $719,200 $719,200 $719,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.259% 6.183%
Monthly Tax Payment $876 $876 $876
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,084 $4,370 $6,069
Total Monthly Payment $5,052 $5,338 $7,037

* 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.