$2,200,000
SOLD OCT 30, 2025

38 Gilbert St South Salem, NY 10590

3 Beds
2.5 Baths
2,262 Sq Ft
0.29 Acres

Recently Sold

$973 Per Sq Ft

8% Below List Price

45 Days on Market

Highlights

  • Lake Front
  • Docks
  • Deck
  • Meadow Pond Elementary School Rated A
  • Eat-In Gourmet Kitchen
  • Vaulted Ceiling

About This Home

As of October 2025

Spectacular Lakefront Jewel. Stunning Lakehouse in a breathtaking waterfront setting. One of the original lakehouses, circa 1926, painstakingly renovated and updated. Meticulously detailed and timeless interior spaces with Plain English designed Kitchen, custom millwork, steel casement windows, Galbraith & Paul wall coverings and bespoke fixtures and fittings. Beautifully finished Living Room with painted paneling, skylit vaulted ceiling, dry bar and fireplace with mirror on an electric lift concealing the television. Chef’s Kitchen with bespoke cabinetry, marble countertops, Aga Range, copper and farm sinks and center island. Open to the Dining and Breakfast Area with doors out to the deck as well as the garden, both with jaw-dropping panoramic views. Private Primary Suite with two Walk-in closets and Bath. Two additional Bedrooms. Exceptional grounds with terraced gardens separated by incredible stone walls. Ample water frontage with a durable Wolf PVC dock allowing for easy swimming, boating, paddleboarding and kayaking. Walk to the community beach. Peaceful and serene setting yet with easy access to the shops, trains and commuting arteries. Absolute perfection!

Last Agent to Sell the Property

Mindy Weil

Ginnel Real Estate Brokerage Phone: 914-234-9234 License #40WE1024824 Listed on: 07/15/2025

Last Buyer's Agent

Michael Neeley

William Raveis-New York LLC License #30NE0640285

William Raveis-New York LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,738

Year Built

  • Built in 1926

Lot Details

  • 0.29 Acre Lot
  • Lake Front
  • Garden
  • Additional Parcels

Parking

  • Electric Vehicle Home Charger

Home Design

  • Cottage
  • Frame Construction
  • Clapboard

Interior Spaces

  • 2,262 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Dry Bar
  • Woodwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • 1 Fireplace
  • Unfinished Basement

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Area or Nook
  • Range
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Farmhouse Sink

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Dual Closets
  • Double Vanity

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Mooring
  • Docks
  • Deck

Schools

  • Meadow Pond Elementary School
  • John Jay Middle School
  • John Jay High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 3000-036-00D-10806-000-0011

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,738

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Cottage
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Year Built: 1926
  • Attribution Contact: 914-234-9234
  • Carport Y N: No
  • CurrentPrice: 2200000.00
  • MlsMajorChangeType: Sold
  • CurrentPrice_By_LivingArea: 972.59063
  • ListPrice_By_LivingArea: 1060.56587
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 8184919.8226
  • LivingAreaSearchSqFt: 2262.00
  • CurrentPrice_By_BuildingAreaTotal: 972.59063
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Interior Amenities: Beamed Ceilings, Built-in Features, Chefs Kitchen, Double Vanity, Dry Bar, Eat-in Kitchen, His and Hers Closets, Kitchen Island, Marble Counters, Natural Woodwork, Primary Bathroom
  • Fireplaces: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Unfinished
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 2262
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Clapboard, Frame
  • Waterfront Features: Lake Front, Waterfront
  • Pool Private: No
  • Spa: No
  • Exterior Features: Dock, Garden, Mooring
  • Patio and Porch Features: Deck
  • Waterfront: Yes

Garage/Parking

  • Garage: No
  • Parking Description: Electric Vehicle Charging Station(s)

Utilities

  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Utilities: Electricity Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: John Jay Middle School

Lot Info

  • Lot Size Acres: 0.2931
  • Lot Size Sq Ft: 12767
  • Lot Features: Garden, Waterfront
  • Parcel Number: 3000-036-00D-10806-000-0011
  • Property Attached: No
  • Additional Parcels: Yes

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 28738.06
  • Tax Year: 2025

MLS Schools

  • Elementary School: Meadow Pond Elementary School
  • High School: John Jay High School
  • Middle School District: Katonah-Lewisboro

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2025
Closed on
Oct 30, 2025
Sold by
Maceachron Daniel and Maceachron Devon
Bought by
Randel A Falco Second Amended And Restated Re and Susan J Falco Second Amended And Restated Rev
Seller's Agent
Mindy Weil
Ginnel Real Estate
Buyer's Agent
Michael Neeley
William Raveis-New York LLC
List Price
$2,399,000
Sold Price
$2,200,000
Premium/Discount to List
-$199,000
-8.3%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.52%
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $2,200,000 Fidelity National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2025 10/30/25 Sold $2,200,000 -8.3% $973 / Sq Ft
08/29/2025 08/29/25 Pending -- -- --
07/15/2025 07/15/25 For Sale $2,399,000 +242.7% $1,061 / Sq Ft
12/11/2024 12/11/24 Off Market $700,000 -- --
05/15/2020 05/15/20 Sold $700,000 -15.7% $326 / Sq Ft View Prior Sale
03/03/2020 03/03/20 Price Changed $830,000 -7.3% $387 / Sq Ft
12/03/2019 12/03/19 Price Changed $895,000 -3.8% $417 / Sq Ft
10/23/2019 10/23/19 For Sale $930,000 -- $434 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $95,400 $23,500 $71,900
2023 $24,567 $95,400 $23,500 $71,900
2022 $21,704 $83,600 $23,500 $60,100
2021 $17,977 $78,100 $23,500 $54,600
2020 $18,016 $66,200 $23,500 $42,700
2019 $17,253 $66,200 $23,500 $42,700
2017 $0 $66,200 $23,500 $42,700
2016 $16,245 $66,200 $23,500 $42,700
2015 -- $66,200 $23,500 $42,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: 885232

OneKey® MLS

APN: 3000-036-00D-10806-000-0011