Lottery Open For Affordable, 'Lakeside At Bedford' Townhome

BEDFORD, NY — Yet another new chance for potential homeowners to combat the ongoing affordable housing crisis is here.

The Housing Action Council announced that a fair and affordable townhome is available for resale at the Lakeside at Bedford, located at 28 Lake Marie Lane, in Bedford Hills.

The "beautifully updated" four-level townhouse has two bedrooms, two-and-a-half bathrooms, a loft, a finished basement, multiple outdoor living spaces, all in "a peaceful, wooded setting."

The sale price of the affordable townhome is estimated to be $350,000. Annual taxes are $3,396.14, monthly common charges are $890.39, and a special assessment is $890.39.

The affordable home will be available to those at or below 110 percent of the area average monthly household income.

In order to qualify, a two-person household can have a maximum income of $149,270, a three-person household can have a maximum income of $167,915, a four-person household can have a maximum income of $186,560, and a five-person household can have a maximum income of $201,520.

The "inviting" main level has a "comfortable" living room with a wood-burning fireplace, a dining room, and a "beautifully renovated kitchen." The renovations were completed in 2018, and include new kitchen cabinetry, a pantry, and backsplash.

In addition, LVT flooring was installed throughout the main floor and upstairs.

The upper levels have two bedrooms and a "versatile" loft with skylights, making it ideal for a home office, a den, a reading area, or additional living space.

The primary bathroom was renovated with new cabinetry, a shower, and tile, while fixtures in the other two bathrooms were also updated.

A finished basement provides for more "flexible living space," ideal for a recreation room, a media room, a home gym, an office, or guest space.

Outdoor space includes two decks and a patio overlooking the wooded surroundings, ideal for relaxing, dining, or entertaining.

Major mechanical updates include a new hot water heater, and a new heating and air-conditioning system.

The property "offers an exceptional combination of space and versatility," according to the seller. "Its location adds even more appeal, with the park and train both within convenient walking distance, making recreation and commuting remarkably easy."

The property is zoned to the Bedford Central School District.

The deadline for applications is October 2. The lottery will take place on October 12.

The online application can be found here. You can also download the pdf application here for printing.