NEW PRICE! Now offered at $635,000. If you've been waiting for the right opportunity in Putnam Valley, take another look at 55 Ridge Avenue, a move-in ready Cape Cod combining timeless character, thoughtful modern updates, and deeded lake rights to beautiful Lake Oscawana. Step inside to beautifully refinished hardwood floors and a spacious living room anchored by a striking floor-to-ceiling stone fireplace with wood-burning insert and custom built-in shelving. The recently renovated kitchen features rich wood cabinetry, stone countertops, stainless steel appliances, subway tile backsplash, recessed lighting, and generous workspace. The fully renovated bathroom offers a clean, contemporary design and updated finishes. The flexible floor plan provides multiple bedrooms and living spaces for today's lifestyle, whether you need a home office, guest space, or simply room to spread out. Upstairs offers generously sized rooms, while the main level provides comfortable living areas filled with natural light. Additional highlights include hardwood flooring throughout much of the home, updated lighting, ample storage, and an attached garage. Outside, enjoy a level yard and deck ideal for relaxing or entertaining. One of the property's standout features is its deeded lake rights to Lake Oscawana, offering access to boating, kayaking, fishing, swimming, and the recreational lifestyle that makes this area of Putnam Valley so desirable. Conveniently located just minutes from the Taconic State Parkway, parks, hiking trails, shopping, and schools. Freshly priced at $635,000 and ready for its next owner. Come experience the character, updates, and Lake Oscawana lifestyle that make 55 Ridge Avenue such a special opportunity.