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Off market
  • Zillow Home logoZestimate®
    $2,417,700

    42795 Paynes Lake Camp Rd, Theresa, NY 13691

    7beds
    2,016sqft
    Single Family Residence
    Built in 2019
    -- sqft lot
    $2,417,700 Zestimate®
    $1,199/sqft
    $-- Estimated rent

    Home value

    $2,417,700

    $2.30M - $2.54M

    Not available

    Zestimate® history
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    What's special

    Premium wolf gas stovePrivate boat launchSpectacular lake views

    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.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Source: BHHS broker feed,MLS#: S1674063

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 8
    • Full bathrooms: 7
    • 1/2 bathrooms: 1
    Heating
    • Heat Pump, Radiant, Propane
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Features
    • Has basement: No
    Interior area
    • Total structure area: 2,016
    • Total interior livable area: 2,016 sqft

    Property

    Features
    • On waterfront: Yes
    • Waterfront features: Waterfront
    • Frontage type: Waterfront
    Details
    • Parcel number: 222489170916

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stone
    • Roof: Asphalt,Metal,Shake
    Condition
    • Year built: 2019

    Community & HOA

    Location
    • Region: Theresa

    Financial & listing details

    • Price per square foot: $1,199/sqft
    • Tax assessed value: $316,094
    • Date on market: 4/17/2026
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    10/18/2026Listing removed$2,499,900$1,240/sqft
    Source: BHHS broker feed #S1674063 Report a problem
    4/17/2026Listed for sale$2,499,900+100%$1,240/sqft
    Source: NYSAMLSs #S1674063 Report a problem
    10/25/2025Listing removed$1,250,000$620/sqft
    Source: BHHS broker feed #S1601928 Report a problem
    9/30/2025Price change$1,250,000-45.7%$620/sqft
    Source: BHHS broker feed #S1601928 Report a problem
    5/27/2025Price change$2,300,000+84%$1,141/sqft
    Source: NYSAMLSs #S1592225 Report a problem
    4/24/2025Price change$1,250,000-50%$620/sqft
    Source: NYSAMLSs #S1601928 Report a problem
    3/21/2025Listed for sale$2,500,000$1,240/sqft
    Source: NYSAMLSs #S1592225 Report a problem
    12/29/2024Listing removed$2,500,000$1,240/sqft
    Source: BHHS broker feed #S1548716 Report a problem
    6/29/2024Listed for sale$2,500,000+1983.3%$1,240/sqft
    Source: NYSAMLSs #S1548716 Report a problem
    11/28/2016Sold$120,000+336.4%$60/sqft
    Source: Public Record Report a problem
    1/10/2014Sold$27,500$14/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: 13691

    Nearby schools

    GreatSchools rating