1616 Route 292, 5 Cottage | Pawling

$1,250,000 | 1 Beds | 3 Baths (2 Full, 1 Half) | 2,192 Sq. Ft.

A once-in-a-lifetime opportunity to complete a modern architectural home on one of the most extraordinary settings imaginable - a private island on Whaley Lake, accessible only by boat, offering privacy, water views, and recreation just 90 minutes from New York City. Set on a 4 1/2 acre island with 16 individually owned cottages, Whaley Lake is Dutchess County's largest private motorboat lake. The current owner, working with an experienced local builder, has done the hard part. Structural steel supports dramatic 10-foot glass walls, sliding doors and french doors open to yard, permits are secured, the roof is complete, and the exterior is enclosed and weather-protected. NYSEG has approved individual 200-amp electric service for each cottage. What remains is the most exciting part: finishing the interior to your own vision. The island's building rules govern each cottage's ground-floor footprint. This design uses that allowance at 1,075 SF with an additional 617 SF loft and a basement level planned for 500 SF of finished space, both exempt from the footprint limit OneKeyMLS 1050509

Directions to property: Route 292 to 1643 Route 292. This is the parking lot. Directly across the street is the dock for Whaley Lake Island Association.

MLS Listing ID: 
OneKeyMLS 1050509
Community Information
School District: 
Pawling Central
Subdivision: 
Whaley Lake
Association Fee: 
$5,500
Building Details
Details about the building on a property.
Architectural Style: 
Other
Year Built: 
1950
Living Area: 
2,192
Basement: 
Full
Interior: 
First Floor Bedroom,High Ceilings,Open Floorplan,Open Kitchen
Fireplaces: 
Wood Burning Stove
Construction
Construction Materials: 
Wood Siding
Room Details
Details about the rooms in the building.
Total Rooms: 
4
Total Bedrooms: 
1
Total Bathrooms: 
3
Total Full-Bathrooms: 
2
Total Half-Bathrooms: 
1
Utilities
Information about utilities available on the property.
Heating System: 
None
Cooling System: 
None
Water Source: 
Other
Sewer: 
Septic Tank
Lot/Land Details
Details about the lots and land features included on the property.
View: 
Lake,Mountain(s),Water
Waterfront: 
1
Water Body Category: 
Lake Front,Lake Privilege
Lot Features
Parking Type: 
Off Site
Public Record
Parcel Number: 
134089-6856-00-298923-0000
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
9/29/2026
Contract Details
Details about the listing contract.
Disclosures: 
By Laws
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Elizabeth Hofweber
Listing Co-Agent Name: 
Claudia Jiskra
Listing Office Name: 
McGrath Realty Inc
Listing Co-Office Name: 
McGrath Realty Inc