12 days on rocket

497 E Lake Rd, Penn Yan, NY, 14527

$1,250,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
2,677 SqFt
$467/SqFt
House

Location

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497 E Lake Rd, Penn Yan$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
MLS #277946
Lot Size0.55 Acres
StatusActive

About 497 E Lake Rd

Welcome to 497 East Lake Road, a beautiful Keuka Lake retreat in Penn Yan, NY, designed for year-round enjoyment. This spacious 5-bedroom home offers the perfect blend of lakefront living and modern comfort. With 98 feet of pristine lakefrontage, the property features two boat lifts and a well-maintained dock, making it a breeze to enjoy water activities. Inside, this move-in-ready home is ideal for relaxing summers by the lake or cozy winters with family and friends. The expansive windows bring in stunning lake views, filling each room with natural light. Whether you're looking for a summer escape or a full-time residence, 497 East Lake Road offers the ultimate Keuka Lake lifestyle. Come and take a look.

Property Details

Property Features

Property Information:

  • Architectural Style: Raised Ranch
  • Living Area: 2,677 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Southern Tier&Finger Lakes
  • Listing Agent: Vivian D. Schamel

Interior Features

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Virtual/3D Tour

  • Virtual Tour: 497 E Lake Rd
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Lot Features

Lot Information:

  • Lot Size: 0.55 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $467/SqFt

Tax Information:

  • Annual Amount: $11,352
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Penn Yan, NY.

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Penn Yan, NY

City

Med. Sold Price

$282K

Med. Price/SqFt

$176

Avg. Days On Market

19

# of Sold Homes

12

497 E Lake Rd vs Penn Yan

12 DAYS ON ROCKET

-7 Days

$1,250,000

+$968K More

$467/SqFt

+$291 More

KEY TAKEAWAY

This property is $968K more than the Median Sold Price and $291/SqFt more than other homes in Penn Yan, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #277946

Listing Office:

  • Office Name: Keller Williams Realty Southern Tier&Finger Lakes
  • Listing Agent: Vivian D. Schamel

IDX IDX Disclaimer/Disclosure: The data on this website relating to real estate for sale comes in part from the IDX Program of the Multiple Listing Service of the Elmira-Corning Regional Association of REALTORS®, Inc.

IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate.

2024 © Elmira-Corning Regional Association of Realtors® Multiple Listing Service
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/21/2024, 12:17:42 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 30, 2013Home Sold
$475,000

Tax History

YEARPROP. TAXASSESSMENT
2020$11,352$525,100
2019$11,180$525,100
2018$11,180$475,000
2017$16,888$475,000

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-284931
6
/10

  • Penn Yan Elementary School

  • 3 School Dr

  • 5.10 miles

  • Public District Grades PK-5

school-card-donut-284932
2
/10

  • Dundee Elementary School

  • 55 Water St

  • 7.14 miles

  • Public District Grades PK-6

school-card-donut-284933
6
/10

  • Gorham Elementary School

  • 2705 W Main St

  • 14.43 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,278. Residents of Penn Yan, NY typically earn between $35k-100k each year. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 497 E Lake Rd

What is the listing price of this property?

The listing price of 497 E Lake Rd property is $1,250,000.

What type of property is this?

The property 497 E Lake Rd is a house located in Penn Yan, New York, 14527.

Is this property for sale now?

Active Listing: 497 E Lake Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $11,352 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 30, 2013 for $475,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 497 E Lake Rd has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 497 E Lake Rd is 2,677 SqFt (source: MLS/tax record).

Rocket Homes›New York›Yates County›Penn Yan›14527›497 E Lake Rd

This home is located at 497 E Lake Rd in Penn Yan, NY and zip code 14527. This 2,677 square foot home sits on a 0.55 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $1,250,000.

While more than 4 listings in Penn Yan, NY in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 5 were sold below. The number of listings in Penn Yan, NY decreased by 5.3% between September 2024 and October 2024. In October 2024 median list price was $282,000 and the average listing age was 19 days.

From Rocket Homes Real Estate and based on county public records data.

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