Why Live in Mohegan Lake
Mohegan Lake in Yorktown is a diverse neighborhood featuring a mix of planned communities and forested back roads. Housing options include condos, converted summer cottages, and townhouse developments, as well as single-family homes on suburban blocks or hilly streets. Prices for homes range from $260,000 to $1 million, with some properties requiring HOA fees. The area is known for its private, undeveloped lakefronts managed by HOAs, offering amenities like sandy beaches, picnic pavilions, rowboats, playgrounds, and tennis courts. In winter, the lake becomes a hub for ice skating, hockey, and ice fishing. Nearby, Sylvan Glen Nature Preserve and Granite Knolls Sports Complex provide hiking trails and athletic fields. The neighborhood features a classic Main Street along U.S. Route 6, with local spots like Mohegan Diner and the Cortlandt Town Center, which includes the only Walmart in Westchester County. The Jefferson Valley Mall is also a popular shopping destination. Community events such as bonfires, beach days, and Lake Day festivities are common. For commuters, Route 6 and the Taconic State Parkway offer routes to Manhattan, while the Peekskill Station provides Metro-North train service to Grand Central Terminal. The area is served by the Lakeland Central School District, with highly rated schools including George Washington Elementary, Lakeland-Copper Beech Middle, and Lakeland High. A small portion of the neighborhood falls under the Yorktown Central School District, also highly rated. NewYork Presbyterian Hudson Valley Hospital is 4 miles away, and Westchester County Airport is about 30 miles from Mohegan Lake.
Frequently Asked Questions
Is Mohegan Lake a good place to live?
Mohegan Lake is a good place to live. Mohegan Lake is considered very car-dependent and somewhat bikeable. Mohegan Lake has 5 parks for recreational activities. It has a median age of 44. The average household income is $167,758 which is above the national average. College graduates make up 52.8% of residents. A majority of residents in Mohegan Lake are home owners, with 22.4% of residents renting and 77.6% of residents owning their home. A
local real estate agent serving Mohegan Lake can help you decide if this neighborhood is the right one for you. Learn more on our
Mohegan Lake neighborhood guide.
How much do you need to make to afford a house in Mohegan Lake?
The median home price in Mohegan Lake is $535,000. If you put a 20% down payment of $107,000 and had a 30-year fixed mortgage with an interest rate of 6.75%, your estimated principal and interest payment would be $2,780 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $119K a year to afford the median home price in Mohegan Lake. The average household income in Mohegan Lake is $168K.
What are the best public schools in Mohegan Lake?
The best public schools that serve Mohegan Lake are:
What are the best private schools in Mohegan Lake?
The best private schools that serve Mohegan Lake are:
What are the most popular zip codes in Mohegan Lake, Yorktown, NY?
What are the most popular neighborhoods near Mohegan Lake, Yorktown, NY?
Home Trends in Mohegan Lake, NY
On average, homes in Mohegan Lake, Yorktown sell after 47 days on the market compared to the national average of 51 days. The median sale price for homes in Mohegan Lake, Yorktown over the last 12 months is $536,500, up 33% from the median home sale price over the previous 12 months.
Median Sale Price
$536,500
Median Single Family Sale Price
$630,000
Median Townhouse Sale Price
$400,000
Median 2 Bedroom Sale Price
$324,500
Median 1 Bedroom Sale Price
$352,500
Average Price Per Sq Ft
$337
Number of Homes for Sale
5
Last 12 months Home Sales
46
Median List Price
$535,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
33%