What is the Price of a Vacant Building Lot in Scarsdale?

Building Lot at 12 Butler RoadWe noticed a few empty building lots on the market – waiting for a buyer to build their own home. With lots of home inventory already on the market, and uncertainty about where the real estate market is going, it’s no wonder that builders are hesitating before breaking ground on yet another new house in town. Given the current gas moratorium imposed by Con Edison, who knows how these homes could even be heated.

Take a look at a few lots that, for now, remain as open space:

4 Drake Road: .2471 acres: Level quarter acre accessed by way of stone steps on Drake Road or shared, private drive off Ferncliff. Lot is elevated above the road and feels private. Paved parking. Assessed Value: $812,660. List price: $400,000.

31 Murray Hill Road12 Butler Road: .47 acres at the intersection of Butler and Fox Meadow Roads. Now the site of a beautiful garden. Assessed Value: $398,936. List Price: $999,000

31 Murray Hill Road: .89 acres. Cleared flat lot on Murray Hill Road. This lot already has approved plans for an 8,000 + square foot home or you can modify or design something new. Currently lot has an existing pool. Developer will also build to suit. Assessed Value: $1,515,957. List Price: $3,300,000.... and that's without the house.

What to build? Realtor Mindy Gerstein who has the listing on 31 Murray Hill Road reports that buyers are looking for a new style home. Realtors are calling it “transitional,” which is traditional on the exterior and more contemporary and open on the inside.” It seems that interior walls have gone out of style and informal living is in.

Sales:

131 Boulevard: This classic Fox Meadow Colonial is refreshed and move-in ready for today's buyer! This home has sunny, light filled rooms with a spacious open layout, renovated kitchen and baths, four bedrooms on the 2nd floor, newly refinished hardwood floors, a freshly painted interior, brand new oven, and tons of closet/storage space.

Sale Price: $850,000
Real Estate Taxes: $27,060
Assessed Value: $1,025,000

 

1198 Post Road: Suburban charm abounds in this spacious home with its easy flow and family-friendly interior providing an ideal space for entertaining or family gatherings. The first floor offers a large EIK, family room and large living room opening to a bright dining room w/ picture windows overlooking the backyard. You'll also find an office/au pair room with a powder room and separate entrance. The second floor offers a light-filled hallway with a master suite, 2 large bedrooms, and a hall bath.

Sale Price: $805,000
Real Estate Taxes: $18,093
Assessed Value: $828,729

177 Gaylor Road: Super-sunny Tudor in very convenient Edgewood neighborhood. All rooms are spacious. Master bedroom has its own bath and walk-in closet. Modern eat-in kitchen and formal dining room. Bonus sunroom on first level. Both Attic and Basement have legalized finished storage space. Skylight in attic space.

Sale Price: $778,000
Real Estate Taxes: $18,100
Assessed Value: $750,000

 

164 Gaylor Road:
Stone front, Center Hall Colonial situated in the heart of Edgewood. Gleaming hardwood floors throughout. Grab your favorite book and sit by the fireplace in the spacious living room. Kitchen with stainless steel appliances and door to deck overlooking the backyard. Formal dining room or BBQs in the private yard. Wind down in the master bedroom with its own bath.

Sale Price: $825,000
Real Estate Taxes: $19,017
Assessed Value: $775,000

Featured Listings

129 Cushman Road, Scarsdale
Spectacular brick Colonial in prestigious Murray Hill Estate area with elegant street presence crafted by Scarsdale's premier builder, KOSL Building. Set on level, private .50 acre lot with room for a pool. Time to customize. Built with the highest quality materials and craftsmanship, this home will truly delight.
Learn more here.
Listing Price: $4,295,000

 

 

 

 

56 Brite Avenue, Scarsdale
Stately new construction in the heart of Fox Meadow. Renowned architect Alisberg Parker designed this perfect home for the needs of modern lifestyles with a respect for historical precedent. This Contemporary interior features 10' ceilings on the first and second floor with 8' doors throughout the house.
Learn more here.
Listing Price: $3,545,000

 

Open Houses

 

 

 

77 Clarendon Road, Scarsdale,
Open House: 2/24 from 2pm-4pm
Updated and expanded home on a tranquil street creates an atmosphere that resonates warmth and comfort. This home features a lovely bright living room with wood burning fireplace and front facing bay window. Large modern eat-in kitchen features pocket doors, laundry (one of two laundry facilities), and much more.
Learn more here.
Listing Price: $835,000

 

 

 

11 Ridgecrest North, Scarsdale
Open House: 2/24 from 2:30-4:30pm
Exquisitely gut-renovated and expanded Greenacres Colonial on private level property with room for pool. Everything in this gorgeous home is new and updated with all the conveniences of a modern home. This stunning home boasts an elegant entry, a living room with wood burning fireplace and floor to ceiling windows.
Learn more here.
Listing Price: $2,695,000

 

 

 

185 Rock Creek Lane, Scarsdale
Fall in love with this exquisite Quaker Ridge home, offering impressive, fine quality interior and exterior upgrades; creating the perfect place for entertaining and creating rich memories. The easy flow of rooms accommodates today's modern lifestyle: kitchen has French doors to the new, large deck.
Learn more here.
Listing Price: $1,895,000