16 Locust Drive, Cold Spring, NY, 10516 | $6,500

Welcome to a truly unique and historically restored gem nestled in an exclusive lake community. This beautiful 2-bedroom, 3. 5-bath home offers the perfect blend of historic charm and modern comfort. Inside, you’ll find a spacious layout with four flexible bonus rooms, perfect for a home office, gym, or guest space, plus a cozy media room for movie nights. The walkout basement adds even more living potential, whether for entertaining or relaxing. Enjoy year round comfort with central air and the peace of mind that comes with a full-house generator. Surrounded by nature and brimming with charm, this special property offers the tranquility of a retreat while being just minutes from town, restaurants, shops, and the train station. The community itself is as extraordinary as the home, quiet, connected, and truly special. Perfect for year-round living or as a serene second residence, this property is more than a house, it's a lifestyle. Whether you enjoy swimming, canoeing, fishing, paddle boarding, ice skating, or simply relaxing by the lake, you will find plenty of ways to unwind and recharge. And within the community a tennis court, shuffleboard, ping pong and hiking trails on the private community-owned mountain ensure endless opportunities for outdoor enjoyment. Experience the magic of the playful, fairytale aesthetic of the Valhalla Highlands. From the rich architectural details to the serene setting, this home is a rare find. Perfect for those looking for a home that feels like a quiet getaway every day and escape the ordinary without giving up convenience.
More photos coming next week!

Features

  • Type: Single Family
  • Amenities: Clubhouse
  • Rooms: 9
  • Bedrooms: 2
  • Baths: 3 full / 1 half
  • Laundry: In Basement
  • Style: Log
  • Year Built: 1945
  • Garage: 1-car
  • Heating: Forced Air, Propane
  • Cooling: Central Air
  • Basement: Finished, Full, Walk-Out Access
  • Approx Sq. Feet: 1,821
  • Acreage: 0.3
  • Lot Desc: Back Yard, Cul-De-Sac, Landscaped, Near Public Transit, Near School, Near Shops, Views
  • View: Mountain(s), Neighborhood
  • Water Front: Yes
  • Elem. School: Haldane Elementary/Middle School
  • Middle School: Haldane
  • High School: Haldane High School
  • School District: Haldane
  • Pet Policy: Call
  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • MLS#: 856945
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/856945/16locustdrive_coldspring_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.

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617.680.2063

Wendy.Reservitz@Raveis.com

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Kate RockettVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1500191

617.281.4872

Kate.Rockett@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Jennifer HartInsurance Sales Director, William Raveis Insurance

978.457.6220

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Our Insurance Division:

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16 Locust Drive, Cold Spring, NY, 10516

$6,500

Wendy Reservitz

Luxury Properties Specialist

William Raveis Real Estate

Phone: 617.680.2063

Wendy.Reservitz@Raveis.com

Kate Rockett

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $5,200 $5,200 $5,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.995% 7.050% 6.112%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $32 $34 $44
Total Monthly Payment $107 $109 $119

* 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.