tomo logo

$599,000

Beds
4
Baths
2.0
sq ft
1,620

1160 State Route 17A, Greenwood Lake, NY 10925

1160 State Route 17A

Greenwood Lake, NY 10925

  • 20 days on market
Unique Investment Opportunity at Greenwood Lake In today’s competitive real estate market, finding a property that balances both lifestyle and investment potential can be a challenge. However, nestled along the serene shores of Greenwood Lake lies a unique opportunity: a fully renovated two-family home that not only promises comfort and modern living but also presents a lucrative investment avenue. This remarkable property features two modern units, each boasting 2 spacious bedrooms and a stylish bathroom. The thoughtful renovations ensure that each unit is not only aesthetically pleasing but also functional, catering to the needs of families or groups looking for a relaxing getaway. The allure of lakeside living is further enhanced by a private dock, offering exclusive access to the water. This feature invites you to bring your boat and fully immerse yourself in the joys of lake life, whether it’s fishing, swimming, or simply enjoying a beautiful sunset on the water. One of the most compelling aspects of this property is its potential for short-term rentals, such as through platforms like Airbnb. The high demand for vacation rentals in this sought-after location makes it an ideal choice for investors. With tourists and visitors flocking to Greenwood Lake year-round, the potential for excellent returns on investment is clear. Moreover, an income potential report for Airbnb rentals is available upon request, providing you with valuable insights to help you make an informed decision. Beyond its financial appeal, the location itself adds significant value. Greenwood Lake is renowned for its natural beauty, offering stunning views and a tranquil atmosphere that attracts both locals and tourists alike. The blend of picturesque surroundings and convenient access to local amenities ensures strong rental demand and long-term value growth for the property. Investing in this exceptional property means more than just acquiring a home; it’s about embracing a lifestyle that offers financial rewards while providing a peaceful retreat from the hustle and bustle of everyday life. It’s an opportunity to create lasting memories by the lake while enhancing your investment portfolio. This two-family home at Greenwood Lake represents a rare chance to invest in a property that harmonizes financial potential with the tranquility of waterfront living. Don’t miss out on this incredible opportunity, seize the chance to make this unique investment yours and enjoy the best of both worlds.

Details

Property type

Single Family Residence

Lot size

Unknown

Price per sq ft

$370

Year built

1940

Annual property taxes

$4,680

Price History

03/12/2025
OneKey

OneKey #H6325382

Removed
$679,000
+13.36%
03/12/2025
OneKey

OneKey #834366

Listed
$599,000
-11.78%
12/09/2024
OneKey

OneKey #H6325382

Removed
$679,000

Schools & Community

Elementary school: 

Greenwood Lake Elementary School

Middle school: 

Greenwood Lake Middle School

High school: 

Warwick Valley High School

Community features: 

Pool, Tennis Court(s)

High school district: 

Greenwood Lake

Status: Active

Tomo last checked: 04/01/2025 at 5:50 PM

Listing updated: 03/28/2025 at 1:38 PM

Listed by: Carmela Lopez Borrazas, Keller Williams Realty Phone #: (845) 928-8000

MLS: OneKey #834366

OneKey logo

Recently listed in Greenwood Lake

$479,000|3 bd|2.0 ba|House
$549,999|3 bd|2.0 ba|House
$549,000|4 bd|2.0 ba|House
$325,000|3 bd|2.0 ba|House
$549,000|3 bd|2.0 ba|House
$675,000|3 bd|2.5 ba|House