About this home

Welcome to 1 Colonial Drive, where the best of Lake Mahopac living comes together with private lake access, an included boat slip, beautiful water views, and exceptional value. Situated at the southern end of the lake, this beautifully maintained Colonial offers 3 bedrooms, 3 full baths, 2,386 square feet of living space, and a flexible floor plan with potential for a fourth bedroom. Inside, the home blends warmth and sophistication with rich hardwood floors, updated finishes, multiple fireplaces, and a thoughtfully designed layout offering a den and loft with stunning lake views. The renovated kitchen features custom cabinetry, granite countertops, stainless steel appliances, and seamless access to both formal and casual dining areas. The spacious primary suite serves as a private retreat, complete with a fireplace, spa-inspired bath, and private balcony overlooking Lake Mahopac. A private boat slip provides effortless access to boating, waterskiing, fishing, and endless days on the water, while the elevated deck offers picturesque lake views and the perfect place to enjoy morning coffee or evening sunsets. Designed for both relaxation and entertaining, the professionally landscaped grounds feature a private patio, covered outdoor living area, and hot tub, creating a true backyard oasis. Completely move-in ready and available furnished, the home has been tastefully appointed and successfully operated as a short-term rental, offering a turnkey opportunity for full-time residents, weekend homeowners, or investors alike. Enjoy the coveted Lake Mahopac lifestyle with waterfront dining, local shops, golf courses, parks, & hiking trails all nearby, while remaining just over an hour from Manhattan. Offering private lake access, scenic water views, and all the benefits of lake living without the high taxes associated with lake front, 1 Colonial Drive presents a rare opportunity to own in one of Putnam County's most desirable lake communities.

Facts and features

Schools

• Mahopac Middle School

  middle · 6-10 · 0.5 mi

  5

• Hudson Valley Christian Academy

  elementary · K-6 · 0.8 mi

• Lakeview Elementary School

  elementary · K-5 · 1.2 mi

  4

• Mahopac High School

  middle · 7-12 · 0.6 mi

  7

• Mahopac Falls School

  middle · 6-8 · 0.7 mi

• Fulmar Road Elementary School

  elementary · K-5 · 1.8 mi

  7

Price history

• Sep 10, 2026 · Price Changed$950,000
• Jun 19, 2026 · Listed$979,000
• Sep 20, 2001 · Sold$295,000
• Nov 12, 1991 · Sold$176,000
• Oct 20, 1987 · Sold$205,000

Tax history

• 2026$17,286 tax · $671,800 assessed
• 2025$17,221 tax · $671,800 assessed
• 2024$17,091 tax · $633,800 assessed
• 2023$16,341 tax · $523,900 assessed
• 2022$15,803 tax · $479,800 assessed
• 2021$15,280 tax · $465,800 assessed
• 2020$13,976 tax · $443,600 assessed
• 2017$12,315 tax · $439,200 assessed

Home value

$927,720

• Quantarium$927,720
• Collateral Analytics$940,000
• Cotality$919,400

Where it is