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  • $399,000

    321 Terrace Drive, Lexington, NY 12468

    3beds
    1,768sqft
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    Single Family Residence
    Built in 1988
    10.1 Acres Lot
    $382,900 Zestimate®
    $226/sqft
    $-- HOA

    What's special

    Finished walk-out lower levelExpansive wraparound deckCozy wood stove
    Escape to your own secluded retreat in the heart of the Catskills. Set on 10+ wooded acres, this 3-bedroom, 2-bath contemporary style home offers the perfect blend of modern comfort and rustic charm, with room to breathe and endless opportunities to connect with nature. Inside, the home welcomes you with an open floor plan crafting a sense of light and flow anchored by a dramatic brick fireplace that creates a warm and inviting gathering space. The kitchen and dining areas flow seamlessly to the living room and out to the expansive wraparound deck where mornings begin with birdsong and evenings end under star-filled skies, while walls of glass invite the outdoors in. The finished walk-out lower level, complete with a cozy wood stove, provides an intimate space for gatherings, a media room, or a private guest retreat where two bedrooms are located with a full bathroom. Two deeded 5-acre parcels make up the property, offering flexibility for expansion, investment, or simply preserving your privacy. The property is enveloped by oak spruce and maple trees, providing a peaceful quiet setting. While the home once showcased expansive mountain views, the trees have grown in over the years, offering the new owner the option to selectively clear for views again or enjoy the serene seclusion of the wooded landscape. This hidden retreat places you minutes from four-season recreation where every time of year brings its own adventure. In the winter at Windham Mountain and Hunter Mountain you'll enjoy world-class skiing, snowboarding, and tubing, both just a short drive away. In spring and summer, the area transforms into a playground for hiking, mountain biking, fishing, and exploring scenic state parks like North-South Lake. Along with breath taking views of colorful mountainscapes the autumn brings the bounty from local farms and nearby Windham and Tannersville offers exceptional farm to table dining along with charming boutique shops. Whether you're seeking a full-time residence, a weekend escape, or an investment opportunity, this property delivers both lifestyle and potential in one of the most desirable outdoor destinations in New York.
    24 days
    |
    1,235
    |
    133
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    Zillow last checked:

    Listing updated:

    Listed by:

    Howard Hanna Rand Realty 845-338-5252,

    Megan Davis 845-768-2502

    Source: HVCRMLS,MLS#: 20263581MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Baseboard, Electric, Fireplace(s), Wood, Wood Stove
      Cooling
      • Ceiling Fan(s)
      Appliances
      • Included: Stainless Steel Appliance(s), Self Cleaning Oven, Refrigerator, Range Hood, Portable Dishwasher, Oven, Induction Cooktop, Humidifier, Free-Standing Refrigerator, Free-Standing Electric Oven, Electric Water Heater
      • Laundry: Electric Dryer Hookup, In Basement, Washer Hookup
      Features
      • Breakfast Bar, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, High Speed Internet, Open Floorplan
      • Flooring: Carpet, Concrete, Laminate
      • Doors: Sliding Doors, Storm Door(s)
      • Windows: ENERGY STAR Qualified Windows, Insulated Windows, Screens, Wood Frames
      • Basement: Block,Exterior Entry,Finished,Full,Interior Entry,Walk-Out Access,Walk-Up Access
      • Number of fireplaces: 1
      • Fireplace features: Heatilator, Living Room, Masonry, Raised Hearth, Wood Burning, Wood Burning Stove
      Interior area
      • Total structure area: 1,768
      • Total interior livable area: 1,768 sqft
      • Finished area above ground: 910
      • Finished area below ground: 858

      Property

      Parking
      • Parking features: Private, Off Street, Gravel, Driveway
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 1
      • Patio & porch: Deck, Wrap Around
      • Exterior features: Lighting, Private Entrance, Private Yard, Rain Gutters, Storage
      • Has view: Yes
      • View description: Forest, Meadow, Rural, Trees/Woods
      Lot
      • Size: 10.1 Acres
      • Features: Back Yard, Gentle Sloping, Meadow, Near Golf Course, Private, Rock Outcropping, Secluded, Wooded
      Details
      • Additional structures: Shed(s)
      • Parcel number: 19400012700000030250000000
      • Zoning: RR
      • Zoning description: Rural Residential
      • Other equipment: Dehumidifier

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Attic/Crawl Hatchway(s) Insulated, Block, Clapboard, Frame
      • Foundation: Block
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1988

      Utilities & green energy

      • Electric: 200+ Amp Service
      • Sewer: Septic Tank
      • Water: Private, Well
      • Utilities for property: Cable Connected, Electricity Connected, Water Connected

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Prattsville

      Financial & listing details

      • Price per square foot: $226/sqft
      • Tax assessed value: $172,100
      • Annual tax amount: $5,078
      • Date on market: 6/26/2026
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        $382,900

        $364,000 - $402,000

        $3,400/mo

        Price history

        DateEventPrice
        7/17/2026Contingent$399,000$226/sqft
        Source: HVCRMLS #20263581 Report a problem
        6/26/2026Listed for sale$399,000-6.1%$226/sqft
        Source: HVCRMLS #20263581 Report a problem
        5/2/2026Listing removed$425,000$240/sqft
        Source: OneKey® MLS as distributed by MLS GRID #907211 Report a problem
        12/1/2025Price change$425,000-8.6%$240/sqft
        Source: OneKey® MLS as distributed by MLS GRID #907211 Report a problem
        9/17/2025Price change$465,000-6.6%$263/sqft
        Source: OneKey® MLS as distributed by MLS GRID #907211 Report a problem
        9/2/2025Listed for sale$498,000$282/sqft
        Source: OneKey® MLS as distributed by MLS GRID #907211 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $172,100
        2024-- $172,100
        2023-- $172,100
        2022-- $172,100
        2021-- $172,100
        2020-- $172,100
        2019-- $172,100
        2018-- $172,100
        2017$3,491 $172,100 +3.4%
        2016-- $166,400
        2015-- $166,400 +2.1%
        2014-- $162,900
        2013-- $162,900
        2012-- $162,900 +42.9%
        2011-- $114,000
        2010-- $114,000
        2009-- $114,000
        2008-- $114,000
        2007-- $114,000
        2006-- $114,000
        2005-- $114,000
        2004-- $114,000 +12%
        2003-- $101,800
        2002-- $101,800
        2001-- $101,800
        2000-- $101,800
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 12468

        Getting around

        2 / 100
        Car-Dependent
        12 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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