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Written by Joanne Wallenstein

Category: Real Estate

Published: 10 January 2024

Limited inventory and increased interest rates were just two of the factors that affected the market for homes in Scarsdale and Edgemont in 2023. With few homes on the market, and the cost of financing them on the rise, potential buyers had a hard time finding what they were seeking this year. And for those wishing to sell their homes, limited inventory of suitable homes for empty nesters, and the interest rates for new mortgages caused many to remain in their existing homes for another year.

Realtors are hopeful that interest rates will fall and help to get the market moving this spring.

Here are the numbers for 2022 vs. 2023.

In Scarsdale, the total number of single homes sold fell 26% from 278 in 2022 to 205 in 2023.

The median price decreased only slightly from $2,000,000 in 2022 to $1,975,000 in 2023.

Edgemont fared better. The number of homes sold fell only 14% from 96 in 2022 to 83 in 2023.

And the median price rose from $1,275,000 in 2022 to $1,350 in 2023.

Nancy Chochrek who is the managing broker at the Houlihan Lawrence office in Scarsdale had this to say about the market:

"Due to limited inventory, 2023 was once again a seller's market with many homes selling over ask in competitive bid situations. I am cautiously optimistic that we will see an increase in inventory in 2024. (The entire baby boomer generation will be over 65 and ready to downsize or relocate, if they have not done so already.) However, due to pent up buyer demand, I expect it will continue to be a seller's market and prices will remain strong.

Scarsdale and Edgemont have always been sought after due to the well-regarded schools, manageable commute, and proximity to NYC, and I certainly don't see that changing. With more workers back in the office most days, the short commute is once again near the top of many buyers wish lists. Not to mention the fact, as those of who grew up here or live here well know, it's just a really wonderful place to live."

Sales
5 Rural Drive
Welcome home to tranquility, comfort and convenience in this desirable, classic Center Hall Colonial. Set on an impressive nearly half acre of lush and private property in a coveted neighborhood, this residence exudes timeless charm and modern convenience. As you step inside, you'll be greeted by the warmth and elegance of the formal living and dining rooms on the first level, perfect for hosting gatherings and creating cherished memories. The heart of the home, a spacious updated kitchen, boasts light wood cabinetry, stainless steel appliances including a natural gas cooktop, granite countertops and sliding doors leading to a spacious deck with a gas line for the bbq, seamlessly connecting the indoors with the beautiful backyard. An adjacent family room with abundant natural light offers a cozy retreat with views of the scenic landscape. A powder room completes this level. Upstairs, discover four generously sized bedrooms, including a luxurious primary suite. The primary bedroom features a walk-in closet and an updated ensuite full bath. Three additional family bedrooms share a large hall bath. The lower level offers an above-ground playroom, including a door opening to the backyard. A laundry/storage room and a spacious 2-car attached garage provide ample storage and parking. The expansive property is well cared for, with a deep yard and great privacy due to the wooded area in the back. This home is the perfect blend of comfortable living and classic style. Don't miss the opportunity to make it yours!
Sale Price: $1,700,000
Real Estate Taxes: $36,772.75
Assessed Value: $1,400,000

Featured Listings





85 Spier Road, Scarsdale
5 Bedrooms, 5.2 Bathrooms, 7,088 Square Feet
Bright new construction to be completed by end of summer 2024. Natural light abounds in the large 2-story entrance foyer which opens to the dining and living rooms. The large Chef's Kitchen w/JEM cabinets, premium appliances and quartz countertops is open to the Family Room w/fpl and wall of sliding doors to a 43' patio and level backyard. Additionally, there is a library/home office, a kids study/2nd home office, mudroom w/lots of storage, butler's and food pantry and 2 half bathrooms! Upstairs is the owner's bedroom w/tray ceiling and 2 generous walk-in closets, a marble spa bath w/2 sinks, soaking tub and separate shower. Each of the 3 bedrooms has its own walk-in closet and bathroom, a windowed laundry room, a 485 sq. ft. playroom w/endless possibilities. The lower level has a bedroom and bath and lots of finished space. Quality features include: European high eff. aluminum windows, foam insulation and much more. Ceiling height: 10' first floor, 9' on 2nd floor and lower level.
Click here for more information
Sale price: $4,550,000






160 Nelson Road, Scarsdale
5 Bedrooms, 4.1 Bathrooms, 3,000 Square Feet
Move into this BRAND NEW HOME in Scarsdale's beloved Edgewood neighborhood. Classic Colonial, with chic, modern details in a convenient location: close to park, shops, school, restaurants, and transport. Covered front porch to inviting entry with two guest closets, open plan living room/dining room with fireplace, combo family room/chef's kitchen/island/premium stainless appliances. Powder room and Mudroom with side door to two car garage. Hardwood floors, custom millwork, recessed lighting, high ceilings, central air, central vacuum, outfitted closets, storage & more. Huge lower level recreation room, bedroom or home office/full bath, spacious laundry room, and walk-out to yard. Sliders to large bluestone patio for alfresco dining and dedicated gas line for the BBQ. Professionally landscaped, private grounds with lawn sprinkler. Room for a swing set. Easy care, durable Hardiplank exterior. Quality craftsmanship throughout with attention to detail by one of Scarsdale's finest builders.
Click here for more information
Sale price: $2,239,000

Details

Written by Jordi Wiener

Category: Real Estate

Published: 18 January 2024

Demand for Scarsdale homes remains high. This week, an 8,600 square foot home, just steps from Scarsdale Village sold for $4,100,000. See this and more below:

Sales
10 Autenrieth Road
Discover classic colonial grandeur with a modern sensibility in this phenomenal 8BD/8.5BA Scarsdale showplace featuring spacious interiors & lush outdoor space. This 8,652SF residence boasts an expansive center hall layout with soaring ceilings, exceptional millwork, 4 fireplaces & hardwood floors. Relax in a formal living room that opens to a paneled library/home office. The formal dining room & butler's pantry lead to the gourmet kitchen, breakfast area & great room. Outside, pergola-covered patios are surrounded by lush landscaping. A powder room, bedroom suite, mudroom, laundry & rear staircase complete the main level. Upstairs, discover 5 luxurious en suite bedrooms, including a large owner's retreat with 2 walk-ins & spa bath. The top floor offers 2 more beds, including a large rec room & bath, while the finished lower level features a sprawling rec room, wet bar, media lounge, gym & another bed & bath.
Sale Price: $4,100,000
Real Estate Taxes: $30,534.30
Assessed Value: $3,375,000

165 Bradley Road
Discover refined living in this masterfully renovated and expanded home nestled on a beautiful tree-lined street. As you step inside, you will be find a fabulous open floor plan to include a formal living room, dining room, sunroom (currently being used as a home office) and beautifully renovated chef's kitchen with Gorgeous granite countertops and stainless steel appliances - a fantastic family room with sliders that lead to a blue stone patio, a professionally landscaped yard with exterior lighting, that is tranquil, peaceful and private, the perfect place to end your day. The 2nd floor features a magnificent primary bedroom with an exquisite primary bath. The primary bath has an enormous glass enclosed walk-in rain shower, double vanity and radiant floor heat. Two additional bedrooms and hall bath. Stunning hardwood floors throughout. The finished lower level can be used as home gym, playroom or home office. Move in unpack and enjoy! Don't miss this opportunity to call this home!
Sale Price: $1,507,000
Real Estate Taxes: $20,911.80
Assessed Value: $846,375

10 Clarendon Place
Nestled on a tranquil cul-de-sac in the Edgemont School District this lovingly maintained sunlit split level home boasts of timeless finishes and generous indoor/outdoor spaces-great flow for entertaining and easy living all year round. A welcoming entry foyer leads to a spacious living room with bay windows and a dining area with gleaming hardwood floors, spacious kitchen with abundant counter space and door to a large deck and patio. The deck overlooks a fabulous yard with beautiful tiered stone walls & lush green lawns. A few steps up from the living is home to a primary suite with updated primary bathroom, two more bedrooms and renovated hall bath. The lower level includes an enormous room with amazing potential that can be used as family room/office space/ potential 4th bedroom, with its convenient powder room and sliding doors that steps to the patio. Another level down is the laundry room,mudroom and spacious 2 car garage. Amazing location with just a stone's throw away to train station, restaurants, stores, and schools. This gem of a home is not to be missed! Some photos are virtually staged.
Sale Price: $999,000
Real Estate Taxes: $18,353.92
Assessed Value: $548,000

Featured Listings





21 Stratton Road, Scarsdale
5 Bedrooms, 4.1 Bathrooms, 4,843 Square Feet
Bright new Center Hall Colonial with great open layout in Quaker Ridge built by one of Scarsdale's premier builders. Entrance foyer leads to a dining room and opposing living room (with fireplace). Straight back from the center hall is a chef's paradise kitchen with Sub-Zero fridge, Wolf six-burner stove, two Bosch dishwashers, microwave and Quartz center island and countertops completely open to the family room and doors to the level backyard and patio. There is also an enviable walk-in pantry, mudroom with cubbies and coat closet, and powder room. Upstairs is a tranquil master with spa-like bath, two walk-in closets, bedroom with en-suite bath, two bedrooms which share a bath and a laundry. The lower level has a great play area, bedroom and bath. There is plenty of space for a future gym area. The first floor boasts 10' ceilings and the second floor and lower level have 9' ceilings. Time to customize this stunning home!
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Sale price: $3,395,000






19 Fenimore Road, Scarsdale
4 Bedrooms, 3.2 Bathrooms, 3,062 Square Feet
This stunning Scarsdale home has owners whose attention to detail is evident in this home. Hardwood floors, architectural molding throughout with an easy flow for everyday life and entertaining - this home has it all! Gorgeous chef's kitchen with top-of-the-line appliances, electric Thermador double oven, Wolf range with four burners and a grill, Jenn-Air Refrigerator, Bosch dishwasher, Carrara marble countertops and two large farmhouse sinks - a dream kitchen for any culinary expert! The second floor has ample sized bedrooms and bedroom closet space, as well as an oversized cedar closet in the hall for easy access. Be prepared to enjoy total relaxation in the exquisite spa-like primary bath with a heated bubble jet tub and Kohler digital shower - perfection! Finally, as you drive up you will notice the breathtaking landscaping with gardens, plantings and flowers that greet you every spring. Square footage does not include the finished basement on the property card of 663 square feet. Amazingly close to the train, town and school and on a CUL DE SAC! This is your house - ready for your family!
Click here for more information
Sale price: $1,875,000

Details

Written by Jordi Wiener

Category: Real Estate

Published: 04 January 2024

Sales
10 Mayflower Road
Elegant home with exceptional architectural details on A+ street built by a renowned luxury builder. Brand new construction to be completed by March 2023. Transitional Colonial, close to golf courses, school, pool, transportation and parks. Approximately 7800 SF, 6 bedroom house, grand staircase going all floors, magnificent custom kitchen that opens into a bluestone patio. Additional sq footage in the finished basement. A bedroom with bathroom and a large study in the basement. All bedrooms have ensuite bathrooms. Luxurious room sizes. A large second family room on the second floor. Extremely high end finishings throughout. Energy star systems. Central CAT 6 cable. Great opportunity to customize finishes now. Swimming pool is optional. Rare Opportunity - must not be missed.
Sale Price: $3,900,000
Real Estate Taxes: $27,185.57
Assessed Value: $1,035,000

4 Candlewood Court
Introducing your dream home in the prestigious Edgemont school district! Nestled in a tranquil cul-de-sac setting, this modern gem offers a blend of sophistication and comfort. Situated on nearly .5 acre of landscaped and private property, this sun filled Contemporary Colonial is over 4,500 square feet and offers a perfect layout for everyday living. The main level features hardwood floors and a double height ceiling entrance foyer, formal living room with wood burning fireplace and skylights, formal dining room with bay window. French doors lead to the family room with second fireplace. Adjacent to the family is a beautiful and recently renovated kitchen with quartz countertops, new stove, refrigerator and dishwasher. The guest bedroom/home office with en-suite bathroom offers a flexible space depending on your needs. The upper level boasts new hardwood floors in 2020, 4 oversized bedrooms, including the primary bedroom with luxurious marble bathroom with steam shower and 2 spacious walk-in closets, hall bathroom and conveniently located laundry room. The walkout lower level is a versatile open space perfect for a playroom, gym and/or TV area, including a 1,500-bottle temperature-controlled Wine Cellar. Additional amenities include solar panels, 2 car attached garage, 3 zone central AC. Square Footage includes 1,250 square feet of legal lower-level space.
Sale Price: $1,850,000
Real Estate Taxes: $45,258.50
Assessed Value: $1,351,300

318 Heathcote Road
Nestled on a sprawling .45-acre lot in the heart of a highly sought-after Heathcote neighborhood, this timeless 5-bedroom, 4-bathroom Tudor home offers a rare opportunity to experience the best of both worlds: timeless architectural style with unbeatable walkability to top rated schools, the local shopping district, and many transportation options. As you enter through the foyer, the living room with wood burning fireplace sits just off of the formal dining area which exits to an expansive blue stone patio. A spacious den leads into an expansive chef's kitchen with sunroom. First floor bedroom and powder room sit off of the kitchen. As you enter the second floor, you'll see 3 bedrooms and a full bathroom adjacent to an expansive principal bedroom overlooking Heathcote Road. The finished basement offers a full bath and additional living area which walks out to the expansive backyard. Don't miss this extraordinary opportunity to customize this timeless Tudor and make it your own.
Sale Price: $1,500,000
Real Estate Taxes: $36,772.75
Assessed Value: $1,400,000

Featured Listings





48 Hampton Road, Scarsdale
7 Bedrooms, 5.1 Bathrooms, 6,072 Square Feet
Welcome to a timeless French Normandy Tudor home that exudes charm and elegance at every turn and is located in the sought-after Fox Meadow neighborhood, only a short walk to schools, library, downtown shops and train. This magnificent Tudor-style residence, situated on a picturesque and private property, imbues a stately presence and boasts impressive street appeal. As you approach, you'll be captivated by the expansive and gracious front patio, perfect for enjoying peaceful moments or welcoming guests with grandeur. The original double front doors, dating back to 1930, have been meticulously restored, preserving their authenticity and are adorned with the original hardware, adding an air of vintage sophistication to this home. The moment you step inside, you'll be greeted by the allure of high ceilings on the main level, creating a sense of space and openness throughout the home. The entry foyer gracefully leads you into a grand living room, featuring a wood-burning fireplace that becomes the heart of the room. The high ceilings and timeless elegance of this space make it ideal for hosting formal gatherings or quiet evenings by the fire. Connected to the living room is a spacious yet cozy sunroom/den, bathed in natural light from three walls of windows. The other side of the entry foyer opens to a proper paneled study complete with original built-in bookshelves, providing a refined space for work or reading. For those who enjoy hosting dinner parties and entertaining in style, the generous dining room is an exquisite setting for creating cherished memories. A chef’s haven, the chic kitchen is equipped with premium appliances, including a 48-inch Wolf range with grill and griddle, a Sub-Zero fridge/freezer, and more. With granite countertops, two sinks featuring disposals, and an abundance of cabinetry, this kitchen is designed to inspire your culinary creativity. A lovely breakfast room adjacent to the kitchen leads to a large deck that spans the rear of the home, providing a delightful space for al fresco dining or simply enjoying the beauty of your surroundings. Practicality meets luxury on this level with a powder room, a large laundry room and a bedroom with a full bath, creating a versatile space to suit your needs. The second level features five spacious bedrooms, each offering comfort, light and ample space; three bedrooms share a hall bath and the other two a jack-and-jill bathroom, complete with a tub and shower. The sumptuous primary suite, designed for the utmost in luxury and relaxation, includes a separate dressing room, a generous walk-in closet, and an enticing private bath including a spacious shower and a soothing jacuzzi tub. For those desiring a little extra space and versatility, one of the five bedrooms has been thoughtfully converted into a primary suite sitting room or gym. This room includes an additional walk-in closet, and provides an area to unwind, exercise, or simply indulge in a moment of tranquility. Should you prefer, this space can easily be converted back to a fifth bedroom, allowing you the flexibility to adapt the home to your specific needs. Lastly, the walk-up attic, accessible from this level, offers exceptional storage opportunities. The lower level presents a wealth of possibilities for relaxation, entertainment, and practicality. As you descend to this level, you'll find a large recreation room, a versatile area well-suited for gatherings, games, and entertainment, a full bath, a three-car attached garage offering plenty of space for your vehicles and a convenient bike/storage room. Utilities and additional storage areas complete this level. This residence is a true gem; an inviting and stylish home exuding comfort and elegance, and only a short walk to Elementary School, High School, Public Library, downtown shops and train for a 32 minute commute to Grand Central Terminal.
Click here for more information
Sale price: $2,999,999






15 Fox Meadow Road, Scarsdale
5 Bedrooms, 4.1 Bathrooms, 3,993 Square Feet
Welcome to a haven of elegance and comfort! This five-bedroom, four-and-a-half bathroom Mediterranean gem is perfectly located for convenience, offering an ideal blend of style and functionality. Elegant step-up foyer, with French doors to the patio, leads to generous living room with fireplace and to a screened porch surveying the .46 acre yard. The large dining room opens to the gourmet kitchen, perfect for culinary enthusiasts, equipped with high-end appliances, quartz countertops, and custom cabinetry. The first floor is completed with a powder room and majestic step-down family room with fireplace, pairs of French doors to the yard and 12 foot ceilings. The second floor features a magnificent primary suite with fireplace, luxe, modern bathroom and great closets, a delightful princess suite with fireplace and en-suite bath, three more bedrooms, two hall baths, an office and back stair. Luxury meets convenience as this home is ideally situated for easy access to town, train, schools and shops. Your dream home calls!
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Sale price: $1,999,000