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Rarely does a property come to market that captures everything Lake Mahopac has to offer in one address. Offered for the first time in over 50 years, set within the gated private enclave of Mahopac Point, one of the lake's most coveted and tight-knit communities, this waterfront residence sits on over 100 feet of open water on one of the finest stretches of shoreline the lake has to offer. Step through to the back of the home and the lake opens up before you, facing due west across open water. Here, mornings begin on the water, afternoons unfold on the dock, and evenings belong to the kind of sunsets that stop you mid-sentence. These sunsets are not something you hear about. They are something you live. A classic stucco exterior with wrought iron balconies and an arched entry portico creates an elegant arrival, set behind a stone wall with a heated paver driveway and walkway. Step inside and the lake takes over. The main level centers around a great room with a stone fireplace, flowing into a bright gathering space where floor-to-ceiling glass frames an unobstructed panorama of open water. Every room on this level feels connected to the shoreline. A terraced stone landscape descends to a lakefront rich with everything lake life promises. A bluestone patio shaded by a magnificent mature tree leads to the water's edge and a private dock, while a grassy lawn stretches along the stone seawall in the sun. Swim right from your own shoreline. Launch your boat from your own boathouse. This is the Lake Mahopac lifestyle, fully realized. Spanning the full side of the home from front to back, the indoor/outdoor living space is unlike anything else on the market. Graceful arched columns frame full views of the lake, motorized retractable screens vanish at the touch of a button, and suddenly you are not inside anymore. An outdoor kitchen and skylights make it a space you will never want to leave. The kitchen is well-appointed and designed around a center island that invites everyone to gather. A wood-planked ceiling and farmhouse sink give it warmth, while granite countertops and stainless steel appliances provide a solid foundation for whatever vision you bring to it. Wake up to the lake. The main-level primary suite, with its wood-beamed ceiling and gas fireplace, offers single-floor living without sacrificing the view. Upstairs, the home continues to surprise. A bonus room with a fireplace, custom built-ins, a wet bar, and skylights is open to the main level below, drawing in water views through sweeping sightlines. Both additional bedrooms have a front-row seat to the lake, and one leads through French doors onto a private deck with views that stretch as far as the eye can see. Most lower levels are afterthoughts. This one looks out over open water. Two of the three finished rooms enjoy lake views and direct access outside, including a private retreat with a bay window and sliders to the back of the property. Ready for your personal vision throughout, this home offers a rare chance to put your own stamp on a truly irreplaceable waterfront setting in Putnam County. The open water views, 100 feet of lake frontage, a private dock, a boathouse, and a coveted location within Mahopac Point are not things you can replicate. Mahopac Point is not just a neighborhood. Established in 1923, it is a community of 92 homes on a private 52-acre peninsula on the southern shore of Lake Mahopac, shaped by generations of families who never left. It is a walkable peninsula community with private beach and dock access, steps from Chamber Park where summer concerts fill the evenings, and a short walk to Mahopac's shops and restaurants. Close enough to the city to commute. Far enough to feel like another world. Opportunities like this are measured in decades, not years. With over 100 feet of open waterfront, a private boathouse and dock, west-facing sunsets, and a premier location within Mahopac Point, this is a legacy property that cannot be recreated.
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$1,799,999
William Raveis Real Estate
Phone: 888.699.8876
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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 | $1,439,999 | $1,439,999 | $1,439,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.121% | 6.058% |
| Monthly Tax Payment | $2,696 | $2,696 | $2,696 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,064 | $8,634 | $12,055 |
| Total Monthly Payment | $10,885 | $11,455 | $14,876 |
* 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.