Welcome to your private Payne Lake compound — a rare waterfront retreat offering luxury, space, and unmatched versatility. Set on an incredible 600 feet of pristine waterfront with your own private boat launch, this one-of-a-kind property delivers the ultimate lakefront lifestyle with room for everyone .The main residence features 3 bedrooms and 3.5 baths, thoughtfully designed with comfort and style in mind. At the heart of the home is a breathtaking chef’s kitchen equipped with a premium Wolf gas stove, perfect for entertaining. The home also boasts a stunning custom bar area with stonework and reclaimed barn board accents, creating a warm, rustic elegance that perfectly complements the lake setting. In addition to the main home, the property also includes A charming 2-bedroom cabin, A spacious guest house offering 2 bedrooms and 2 full baths ,Both additional residences feature Spectacular lake views, providing ideal accommodations for guests, extended family, or potential rental income. The compound is complete with a massive garage featuring a wash bay, bathroom, and bonus room, offering endless possibilities for storage, hobbies, or workspace. Additional highlights include: Whole-property generator systems for peace of mind Expansive grounds offering privacy and room to roam Multiple structures ideal for a family retreat or investment opportunity Whether you're seeking a luxury getaway, multi-generational retreat, or income-producing property, this exceptional Payne Lake compound delivers it all. Opportunities like this are incredibly rare—experience lakefront living at its finest.
Active
$2,499,900
42795 Paynes Lake Camp Rd, Theresa, NY 13691
7beds
2,016sqft
Single Family Residence
Built in 2019
5 Acres Lot
$-- Zestimate®
$1,240/sqft
$-- HOA
What's special
Premium wolf gas stovePrivate boat launchSpectacular lake views
- 95 days |
- 185 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Berkshire Hathaway CNY Realty 315-733-0463,
James Clute 315-542-9158
Source: NYSAMLSs,MLS#: S1674063
Originating MLS: Syracuse
Originating MLS: SyracuseFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 8
- Full bathrooms: 7
- 1/2 bathrooms: 1
- Main level bathrooms: 5
- Main level bedrooms: 4
Heating
- Ductless, Heat Pump, Propane, Radiant Floor, Radiant
Cooling
- Ductless, Heat Pump, Central Air, Zoned
Appliances
- Included: Dryer, Dishwasher, Exhaust Fan, Gas Cooktop, Gas Oven, Gas Range, Microwave, Propane Water Heater, Refrigerator, Range Hood, Tankless Water Heater, Wine Cooler, Washer, Water Purifier Owned, Water Softener Owned
- Laundry: Main Level
Features
- Wet Bar, Ceiling Fan(s), Dining Area, Dry Bar, Den, Separate/Formal Dining Room, Separate/Formal Living Room, Guest Accommodations, Granite Counters, Kitchen Island, Partially Furnished, Sliding Glass Door(s), Bar, Bath in Primary Bedroom, Main Level Primary, Workshop
- Flooring: Ceramic Tile, Hardwood, Varies
- Doors: Sliding Doors
- Basement: Full,Finished,Walk-Out Access
- Number of fireplaces: 5
Interior area
- Total structure area: 2,016
- Total interior livable area: 2,016 sqft
Video & virtual tour
Property
Parking
- Total spaces: 10
- Parking features: Detached, Garage, Heated Garage, Storage, Workshop in Garage
- Garage spaces: 10
Features
- Patio & porch: Balcony, Deck
- Exterior features: Balcony, Concrete Driveway, Deck, Dock, Gravel Driveway, See Remarks
- On waterfront: Yes
- Waterfront features: Beach Access, Dock Access, Lake
- Body of water: Payne Lake
- Frontage length: 600
Lot
- Size: 5 Acres
- Dimensions: 135 x 194
- Features: Irregular Lot, Rural Lot
Details
- Additional structures: Shed(s), Storage, Second Garage
- Parcel number: 2224890170090001006000
- Special conditions: Standard
- Other equipment: Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin,Contemporary
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Frame, Shake Siding, Stone, Spray Foam Insulation, Vinyl Siding, PEX Plumbing
- Foundation: Poured
- Roof: Asphalt,Metal,Shingle
Condition
- Resale
- Year built: 2019
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Security: Security System Leased, Security System Owned
Location
- Region: Theresa
Financial & listing details
- Price per square foot: $1,240/sqft
- Tax assessed value: $202,300
- Annual tax amount: $7,875
- Date on market: 4/17/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$2,440/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Listed for sale | $2,499,900+100%$1,240/sqft |
Source:  NYSAMLSs #S1674063 Report a problem | ||
| 10/25/2025 | Listing removed | $1,250,000$620/sqft |
Source: BHHS broker feed #S1601928 Report a problem | ||
| 9/30/2025 | Price change | $1,250,000-45.7%$620/sqft |
Source: BHHS broker feed #S1601928 Report a problem | ||
| 5/27/2025 | Price change | $2,300,000+84%$1,141/sqft |
Source: NYSAMLSs #S1592225 Report a problem | ||
| 4/24/2025 | Price change | $1,250,000-50%$620/sqft |
Source: NYSAMLSs #S1601928 Report a problem | ||
| 3/21/2025 | Listed for sale | $2,500,000$1,240/sqft |
Source: NYSAMLSs #S1592225 Report a problem | ||
| 12/29/2024 | Listing removed | $2,500,000$1,240/sqft |
Source: BHHS broker feed #S1548716 Report a problem | ||
| 6/29/2024 | Listed for sale | $2,500,000+1983.3%$1,240/sqft |
Source: NYSAMLSs #S1548716 Report a problem | ||
| 11/28/2016 | Sold | $120,000+336.4%$60/sqft |
Source: Public Record Report a problem | ||
| 1/10/2014 | Sold | $27,500$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $202,300 |
| 2024 | -- | $202,300 |
| 2023 | -- | $202,300 |
| 2022 | -- | $202,300 |
| 2021 | -- | $202,300 |
| 2020 | -- | $202,300 +227.3% |
| 2019 | -- | $61,800 |
| 2018 | -- | $61,800 |
| 2017 | $616 | $61,800 +96.2% |
| 2016 | -- | $31,500 |
| 2015 | -- | $31,500 |
| 2014 | -- | $31,500 |
| 2013 | -- | $31,500 |
| 2012 | -- | $31,500 |
| 2011 | -- | $31,500 |
| 2010 | -- | $31,500 +169.2% |
| 2009 | -- | $11,700 |
| 2008 | -- | $11,700 |
| 2007 | -- | $11,700 |
| 2006 | -- | $11,700 |
| 2005 | -- | $11,700 |
| 2004 | -- | $11,700 |
| 2003 | -- | $11,700 +23.2% |
| 2002 | -- | $9,500 |
| 2001 | -- | $9,500 |
| 2000 | -- | $9,500 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 13691
Nearby schools
GreatSchools rating
- 2/10Antwerp Primary SchoolGrades: PK-3Distance: 6.2 mi
- 7/10Indian River Middle SchoolGrades: 6-8Distance: 10.7 mi
- 8/10Indian River High SchoolGrades: 9-12Distance: 10.6 mi
Schools provided by the listing agent
- District: Indian River
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
