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$425,000
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Property Description
$174K PRICE IMPROVEMENT!! Welcome to one of the Hudson Valley's most extraordinary hidden treasures-a private island retreat nestled in the heart of Whaley Lake, where every day feels like a vacation and every arrival feels like an escape from the ordinary. Accessible only by boat, this remarkable waterfront residence offers an exceptionally rare opportunity to own a piece of paradise within an exclusive island co-op community where properties seldom become available. From the moment you leave the mainland behind and cruise across the sparkling waters to your own private dock, you'll experience a level of peace, privacy, and seclusion that is nearly impossible to find in today's world. Surrounded by panoramic lake views and embraced by nature, this charming island getaway captures the essence of lakefront living at its finest. Wake each morning to shimmering sunrises dancing across the water, spend your days boating, swimming, fishing, or simply relaxing lakeside, and unwind in the evening as spectacular sunsets paint the sky in brilliant colors reflected across the lake's glassy surface. Inside, the home exudes warmth, comfort, and timeless lake-house charm. Thoughtfully designed for both relaxation and entertaining, the residence features two bedrooms, a spacious sleeping loft, and two beautifully renovated full bathrooms. Comfortable gathering spaces invite friends to create lasting memories, while expansive lake views serve as the backdrop to nearly every moment. Whaley Lake is one of Dutchess County's premier motorboat lakes, offering endless recreational opportunities and year-round natural beauty. Located less than 90 miles from New York City, this unique property provides the perfect weekend sanctuary, summer retreat, or lifestyle investment for those seeking a truly one-of-a-kind waterfront experience. As an added bonus, the home is being offered almost fully furnished, allowing you to begin enjoying island life immediately. Opportunities of this caliber are extraordinarily rare. This isn't simply a home-it's a lifestyle, a retreat, and a legacy property that offers an experience few will ever have the chance to own. Schedule your private showing today and discover why life on Whaley Lake is unlike anywhere else. Seller financing feasible!
Full Property Details
Full Property Details for 1616 Route 292 #Cottage 12
General
- Price: $425,000
- HOA FEE: $458/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Co-op
- Source: Long_Island
- MLS ID: 1011452
- Updated: 8/18/2026
- Added to Site: 78 day(s) ago
Rental Information
- Complex Features: Outdoor Space
Interior
- Number of Rooms: 4
- Interior Features: First Floor Bedroom, First Floor Full Bath, Open Floorplan
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Electric, Living Room
- Appliances: Electric Water Heater, Gas Cooktop, Microwave, Refrigerator
- Flooring: Ceramic Tile, Hardwood, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Amenities: Powered Boats Allowed
- Shared Amenities: Boat Dock, Powered Boats Allowed
Exterior
- Exterior Features: Boat Slip, Dock, Fire Pit
- Porch/Patio/Deck: Deck
Parking
- Parking Features: Parking Lot
Location
- County: Dutchess County
- Cross Streets: Grape Hollow Road
- Driving Directions: Rte 292 to #1616. Whaley Lake Island Association has a parking lot across the street from the boat launch. You must take a boat to the Island where the cottage is located.
School Information
- High School District: Pawling
- Elementary School: Pawling Elementary School
- Middle School: Pawling Middle School
- High School: Pawling High School
Community
- Association: Yes
- Assoc. Fees Include: Electricity, Other
- Pets Allowed: Yes
- Pet Restrictions: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Sewer: Septic Tank
- Water: Other
- Utility Description: Electricity Connected, Water Connected
Structural Information
- Architectural Style: Other
- Detached/Attached: Detached
- Construction: Frame
- Common Walls: No Common Walls
- Windows: Insulated Windows, New Windows, Oversized Windows, Storm Window(s)
- Entry Floor Number: 1
- Stories/Levels: 1
- Stories in Building: 1
- Sq. Ft. Source: Measured
- Year Built: 1950
Lot Features
- Property View: Lake
- Lot Size (Sq. Ft.): 187,308
- Fence: Yes
- Fencing (Description): None
Water Features
- Water Front View: Lake Front, Lake Privileges, Water Access
Financial Considerations
- Association Fee: Yes
- Association Fee: $5,500
- Assoc Fee Freq.: Annually
Disclosures and Reports
- Special Conditions: None
- Inclusions: All Interior and Exterior Furniture, Row boat, Blue Single Kayak . Yellow Single Kayak, 2 Blue Children's Kayaks and Yellow Dual Kayak
- Property ID: 134089-6856-00-298923-0000
Listed by eXp Realty
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Schools
Schools serving 1616 Route 292 #Cottage 12
School District:Pawling Central School District
| Name | Grades | Distance |
|---|---|---|
Pawling Elementary School 7 Haight Street, Pawling, NY 12564 | K-4 | 3.5 mi |
Pawling Middle School 80 Wagner Drive, Pawling, NY 12564 | 5-8 | 4.3 mi |
Pawling High School 30 Wagner Drive, Pawling, NY 12564 | 9-12 | 4.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1616 Route 292 #Cottage 12
Date
Details
Price
Change
Source
8/18/2026
Price Reduced
$425,000
-19.05%
MLS
7/21/2026
Price Reduced
$525,000
-12.35%
MLS
6/12/2026
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Estimate the Cost for 1616 Route 292 #Cottage 12
1616 Route 292 #Cottage 12, Holmes, NY 12531 (MLS# 1011452) is a Co-op property with 2 bedrooms and 2 full bathrooms. 1616 Route 292 #Cottage 12 is currently listed for $425,000 and was received on June 12, 2026. Want to learn more about 1616 Route 292 #Cottage 12? Do you have questions about finding other Co-op real estate for sale in Holmes? You can browse all Holmes real estate or contact a Coldwell Banker agent to request more information.
