Market Report, Many Home Sales and an Open House

5 Heathcote RoadLow inventory and high interest rates continue to hamper the real estate market in 2024 which is shaping up to be another disappointing year for realtors. Though prices have risen, sales volume has dipped precipitously from 353 homes sold in Scarsdale in 2021. In 2023 205 homes were sold and the projection for 2024 is only 190.

As of the end of June, 2024 80 homes sold in Scarsdale, compared to 76 at this time last year, a 5% improvement. The median price rose 15% from $1,975,000 at this time last year to $2,275,000, an increase of 15%.

In Edgemont, 25 homes have sold as of the end of June, compared to 35 at this time last year. The median price has risen 22% from $1,350,000 in 2023 to $1,650,000 as of June 30 this year.
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Lots of sales this week!

5 Heathcote Road: Meticulously reimagined inside and out, this exquisite 12,000+ sq ft home delivers contemporary designer style & old-world grace within the exclusive Heathcote Association. The finest finishes & smart home technology create an ambiance of endless luxury & effortless ease. This unrivaled 2.3 acre estate features a rebuilt (2023) and expanded main residence, a separate guest cottage & park like property with stunning new 20X40 pool. This brand new home rebuilt with extensive additions was just completed by award winning architect & local builder known for superior craftsmanship. Soaring ceilings, oak floors & abundant windows throughout. Formal living, dining invites lavish entertaining areas that lead to chef’s kitchen with butler’s pantry open to family room. Above a sprawling owners suite, secondary suites, playroom/lounge, laundry room & finished 3rd floor guest quarters to meet all of your living needs.

Sale Price: $7,200,000
Real Estate Taxes: $88,662
Assessed Value:$5,125,000

44 Axtell Drive: Welcome to this exquisite residence nestled in the prestigious section of Fox Meadow's Crane Berkley neighborhood. Boasting an iconic presence and offering picturesque views of the tranquil pond from the second-floor deck, this home epitomizes luxury living.. Step inside to discover an inviting open floor plan on the first level, highlighted by the Chef's kitchen with a large island and Sub-Zero and Wolf stainless-steel appliances; perfect for culinary enthusiasts. The kitchen overlooks the picturesque backyard with beautiful landscaping and seating area, creating an ideal space for both cooking and entertaining. The family room extends effortlessly outdoors to a charming porch overlooking the backyard, providing a cozy ambiance for evening gatherings. Upstairs, find four bedrooms plus a guest room and an office. The primary suite has its own bath, dressing area and door to the Trex deck with serene pond views. Two additional hall bathrooms ensure convenience for loved ones and guests. The lower level of this remarkable home features a large recreation/media room, a gym, a beautiful full bathroom, and a laundry area, offering additional space for leisure and activities.

Sale Price: $3,225,000
Real Estate Taxes: $44,899
Assessed Value $2,795,000

13 Lebanon Road: This expanded Colonial has a new roof (2024) and freshly painted interior and exterior. The young kitchen with white quartz countertops, ample cabinetry and stainless steel appliances opens to the family room overlooking the backyard. There is a wood-burning fireplace in the living room, a formal dining room and on this first floor is a bedroom and full bathroom, and an upgraded mudroom with a convenient laundry area. The 2-story entry foyer with staircase to the 2nd floor introduces an oversized primary bedroom with built-in media center and primary bathroom, a bedroom with en-suite bathroom, and three additional bedrooms and a hall bath. Enjoy the temp-controlled wine cellar and multi-purpose room in the legally finished lower level.

Sale Price: $2,270,000
Real Estate Taxes: $23,392
Assessed Value: $1,300,000

35 Woods Lane: Nestled on one of the prettiest streets in the coveted Edgewood neighborhood, this exquisite family home exudes charm and elegance at every turn. Boasting a plethora of desirable features and ample living space, this residence offers easy access to local amenities, parks, schools, shopping, and dining options. Original architectural details include graceful archways with intricate mouldings, picture mouldings for hanging art and beautiful hardwood floors, creating a timeless elegance. Step into the welcoming entry bathed in natural light leading to the large living room providing the perfect setting for gatherings and relaxation. Adjacent to the living room, the sunroom/family room with fireplace offers additional space for leisure and entertainment, flooded with sunlight and overlooking the lush backyard. The sunny eat-in kitchen features stainless steel appliances, ample counter space, creating a delightful environment for culinary endeavors and casual dining. The formal dining room offers ample space for dinner parties. The first floor bedroom is currently utilized as an exercise room, having a full bath providing flexibility to suit your needs. It also provides space if you would like to expand the kitchen! A powder room completes the first floor. Upstairs, four bedrooms, including an oversized primary suite with walk-in closet and a full bath provide a serene sanctuary for relaxation and rejuvenation. The third-floor retreat boasts a cozy window seat, ideal for unwinding with a good book, along with a bedroom/office and a full bathroom. The lower level is appointed with a playroom, laundry facilities, workshop, and plenty of storage space, catering to your practical and recreational needs.

Sale Price: $2,227,000
Real Estate Taxes: $47,178
Assessed Value: $1,800.000

17 Chedworth Road, Edgemont: Welcome to this stunning home located on a quiet street in the coveted Cotswold neighborhood in the top-rated Edgemont School District. This beautiful Tudor-style home has been completely renovated with all the amenities that modern living has to offer while maintaining the pre-war character and details that make it so special. From the moment you enter the gracious entrance foyer, you will feel right at home. The generous living room with a new gas fireplace and marble mantel is the perfect place to relax in front of a fire. The spacious formal dining room is ideal for hosting holiday dinners and special celebrations. The Chef's eat-in-kitchen is a highlight of the home, featuring stainless steel appliances, a large center island with seating, and new quartzite countertops. There is direct access to the level and private back patio and yard with mature landscaping - a tranquil retreat you'll love to come home to. On the second floor, you will find the primary suite with a walk-in closet and a spa-like master bath with double vanity, separate shower and Jacuzzi bathtub. There are two additional bedrooms and a full bath on the 2nd floor and a bedroom with en suite bath and large office on the 3rd level. The newly renovated (2021) lower-level playroom/family room with radiant-heated floors and half bath, as well as the newly added laundry room with hook-ups for 2 washers and 2 dryers, provide plenty of additional living space. Custom window treatments throughout the home and built-in speakers indoors and outdoors create a luxurious and comfortable living environment.

Sale Price: $2,200,000
Real Estate Taxes: $58,657
Assessed Value $1,818,700

27 Ross Road: Bright renovated Center Hall Colonial on tranquil cul-de-sac close to the Scarsdale Library and High School on park-like property. The foyer with powder room opens to living room with prominent fireplace and door to expansive partially covered patio and open kitchen/dining room. The newly renovated open kitchen/dining room with enviable center island and ample additional seating boasts top-of-the-line Thermador appliances and quartz countertops and views of the backyard. There is a bedroom and full bath and a great den/home office as well. Upstairs is a generous primary bedroom with plenty of closets and a fabulous new spa bath with radiant heated floors. There are two more bedrooms and a newly renovated hall bath also with radiant heated floor. The lower level has a large playroom with fireplace and windows and also a bright laundry room and a door to a large heated one-and-a-half car garage. The supremely tranquil, private property is nicely landscaped and anchored by a large stone patio.

Sale Price: $1,930,000
Real Estate Taxes: $31,033
Assessed Value: $1,175,000

370 Clayton Road, Edgemont: This Colonial style home features 5 Bedrooms, 5.5 Baths, Eik, Fdr, Wood flooring and 3 Car Garage. Rare opportunity to build instant equity. Majority of construction has been completed. Only personal and final touches needed for completion. Don't miss this opportunity!

Sale Price: $1,800,000
Real Estate Taxes: $88,974
Assessed Value: $2,762,100

18 Edgewood Road: This 4 bedroom, 3 bath English stucco style home is nestled on .21 acre property, across from Edgewood Elementary School. This special home has been lovingly lived in since 1956 and much of the original charm remains. Spacious entry hall, formal dining rm, oversized living room w/wood-burning fireplace, large and sunny family room/sunroom, eat-in kitchen w/access to outdoor patio for barbeque and entertaining. 2nd floor has large primary bedroom with two large WICs and full bath; plus two additional oversized bedrooms and hall bath. The fourth bedroom is on the 3rd floor, with private bath and large walk in closet. Basement is full, unfinished with walk-out and access to attached garage.

Sale Price: $1,688,000
Real Estate Taxes: $21,037
Assessed Value: $1,075,000

70 Brambach Road: Move right in to this sun-filled and pristine Colonial . Highlights include gleaming hardwood floors and a multitude of windows throughout, bringing in an abundance of natural light. Enter into a welcoming entry/mud room with storage cabinets and a window seat, spacious living room w/french doors leading to a serene sunroom, dining area that opens to a modern kitchen with attached island, granite countertops and stainless steel appliances, plus breakfast nook with pretty picture window and access to the side yard. A family room/possible fifth bedroom and full bath complete this floor. The second level features a primary bedroom with charming reading corner and en-suite bath, three additional bedrooms and hall bath. This home is situated on .17 acres of lush, landscaped property complete with a back patio area, boxes to grow vegetables and herbs and detached two-car garage.

Sale Price: $1,610,000
Real Estate Taxes: $8,002.61
Assessed Value: $303,000

11 Coralyn Road: This picturesque brick Tudor exudes the charm and character of a bygone era from the moment you step into its welcoming foyer. Soaring ceilings adorned with rustic beams, a crackling wood-burning fireplace, and graceful arched doorways create an atmosphere of warmth and elegance. The formal dining room, perfect for hosting gatherings of any size, seamlessly transitions into the sun-drenched sunroom, offering direct access to the level yard beyond. A culinary masterpiece awaits in the chef's kitchen, boasting a 6-burner Viking Range, Subzero refrigerator, ample counter space, and a cozy dining area—perfect for enjoying morning coffee. Venture upstairs to discover two generously-sized bedrooms, accompanied by a timeless bathroom. Ascend a few steps further to unveil your own private sanctuary—the primary bedroom retreat. Here, an en-suite bathroom awaits, complete with a double vanity and luxurious steam shower. Dual walk-in closets, a dressing area, and a tranquil balcony provide the perfect escape from the hustle and bustle of daily life. Adjacent lies the fourth bedroom, offering versatility as an office, guest suite, or au-pair quarters, complete with an en-suite bathroom and walk-in closet.

Sale Price: $1,550,000
Real Estate Taxes: $27,207
Assessed Value $1,025,000

7 Ardmore Road: Picture perfect 5-bedroom Scarsdale Tudor on a serene street. Enjoy spacious rooms, 2 oversized suites with ensuite baths which could each serve as a primary bedroom suite, gleaming hardwood floors, crown, baseboard & chair rail moldings, slate roof, stone driveway entrance, lawn sprinkler system & beautifully landscaped, flat property. Enter through the foyer & experience the grand living room with fireplace, home office, kitchen with stainless steel appliances & island, expansive family room, dining room & powder room. Upstairs, there are two spacious bedroom suites each with an ensuite bath, plus 2 additional bedrooms & a full hall bath. The 3rd boats a bedroom, full bath & storage. The lower level features a large laundry room with newly painted flooring & room for recreation/storage. A detached 2 car garage, generator outlet & Tesla charger complete this lovely Scarsdale home.

Sale Price: $1,525,000
Real Estate Taxes: $27,871
Assessed Value: $1,050,000

Featured Listings

114 Birchall Drive, Scarsdale

Be the first to live in this beautifully renovated and expanded Colonial in the prestigious Murray Hill section of Scarsdale. The home features a welcoming foyer leading to a great room with a wood-burning fireplace and access to a covered deck. The formal dining room, seating 24, has a wood-burning fireplace, wet bar, and French doors to the deck. The eat-in kitchen boasts top appliances, a large Quartz island, and a walk-in pantry. The second level includes a primary suite with a balcony, luxurious bath, and two walk-in closets, plus four additional bedrooms, each with its own bathroom. Situated on a private acre with a meandering stream, 114 Birchall Drive offers tranquility and stunning views, with pool site approval pending. Learn more here:

Open House: Sunday, July 14, 12-2 PM
List Price: $3,900,000

4 Parkfield Road, Scarsdale

This sun-filled Fox Meadow Contemporary home was fully renovated in 2014 and is conveniently located only a short walk to downtown shopping, dining and Metro North train station for the express train to New York City. Terrific open floor plan with in-law suite and several office options. Walk to Elementary School, High School and newly renovated Public Library! The fabulous first level layout has a great flow for entertaining and features an expansive family room with vaulted ceiling adjacent to a chef's kitchen plus formal living and dining rooms. A few steps to a large bedroom with ensuite bath plus two bedrooms with a full bath. Up a few more steps to the primary suite with a luxurious primary bath ensuite plus a spacious walk-in closet, two bedrooms with ensuite baths, plus ample storage space. The lower level includes a bright study (or gym) with fireplace, large mudroom and two car garage. The finished basement level boasts a large playroom, laundry room and bath. A new large Trex deck has been added to the home for enchanting al fresco dining and entertaining. Free bus to Middle School. Don't miss this ideally located, renovated home with Scarsdale schools and amenities!
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List Price: $2,100,000

6 Farley Road, Scarsdale

Sunny and spacious Greenacres Tudor showcases period details, modern amenities and lush outdoor spaces. This renovated home features a chef's kitchen with large center island, Wolf range, SubZero refrigerator, Thermador convection oven, radiant heated floors and bay window breakfast area with banquet seating. The step down family room has built-in bookshelves, a wall mounted TV included and new French doors that open to a large bluestone terrace perfect for entertaining loved ones and friends. Other special features include renovated bathrooms with radiant heated floors, refinished hardwood floors, recessed lighting, freshly painted interior, many new windows & doors, 27' living room with fireplace and built-ins, updated landscaping and a 3-season enclosed porch. The sweeping lawn is fenced with several areas to entertain, a gas line with grill (included) and a basketball goal for hours of outdoor fun! Walk to the award winning Greenacres Elementary School, parks, shopping, restaurants and the Metro North train to New York City for the ultimate suburban life!

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List Price: $1,545,000