Real Estate Industry News

Baseball Hall of Famer Joe Torre, who has spent six decades in Major League Baseball as a player, manager and executive, has taken a loss in New York. Records show Torre has sold a charming lake house in the town of Carmel for $983,000 — or $117,000 shy of what he paid for it more than a decade ago.

Torre bought the property in 2006 — a year before he left the Yankees to coach the Dodgers. Overlooking Lake Mahopac, the home sits about an hour outside New York City.

The hillside lot boasts a pair of charming cottages: a main residence perched at the top of the property and a guest dwelling nestled down by the water. Together, the two structures combine for four bedrooms and three bathrooms in 2,022 square feet

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Flowering gardens and mature trees spruce up the exterior space, leading into bright common spaces with lattice windows, hardwood floors, picture windows and vaulted ceilings. The living room features a stone fireplace, and the kitchen adds a butcher-block island and sunny breakfast nook.

A wraparound deck takes advantage of the scenic setting, leading down to a flagstone patio with a dock. The property covers half an acre.

Torre, 79, now serves as a special assistant to MLB Commissioner Rob Manfred. As a player, he was a nine-time All-Star and won the NL MVP award in 1971. As a manager, he ranks fifth all-time in wins at 2,326 and guided the Yankees to four World Series championships. He had a 259-227 record in three seasons (2008-10) as manager of the Dodgers.

The New York native originally listed the home for sale in 2018 for $1.39 million, according to the Multiple Listing Service.

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Andrea Mancusi of William Raveis Real Estate held the listing.