First Quarter Market Update

You’re not imagining it – there are more homes on the market and prices are softening in Scarsdale.

Numbers from Julia B. Fee Sotheby’s show that as of March 31, 2019, there were 84 homes on the market as compared to 60 at this time last year –a 40% increase, and houses are sitting on the market longer than at this time last year. As of March 2019 the average days on market was 136 vs. 76 in March 2018. Homes are indeed selling: 54 homes have sold year-to-date, only a 6.9% decrease from 58 at the end of March last year, but the sale price this year averaged 90% of the asking price, vs. 94% last year.

All this should be welcome news for those seeking a home in Scarsdale, as they’ll find plenty to choose from and negotiable sellers.

Sales:
146 Fox Meadow Road
A newly built property in Fox Meadow with beautiful architectural design and exceptional craftsmanship. This exceptional Georgian brick colonial is ready for immediate occupancy conveys timeless elegance, with well-proportioned rooms and sophisticated modern details throughout. Two story entry with 10 foot ceilings on the first level, stunning kitchen with large center island, breakfast area open to oversized family room with exquisite custom millwork, modern gas fireplace, walls of glass and french doors. First floor also features a bedroom, bath, mudroom, back stairs and 2 car heated garage. Second level Master suite boasts a luxurious bath and walk in closets, 3 additional en-suite bedrooms, bonus room and laundry. Fully finished attic with full bath. The walkout lower level has a huge play area, media room, Gym, insulated wine cellar, bedroom with full bath, powder room and second laundry.

Sale Price: $3,450,000
Assessed Value: $3,682,580
Real Estate Taxes: $85,419

27 Stonewall Lane
Pristine, custom renovated six bedroom/four bathroom Modern Colonial set on a half acre in the Scarsdale school district. Sun-filled great room with soaring ceilings and fireplace leads out to large wood deck overlooking the spacious private backyard. Adjacent chef's kitchen with oversized center island features granite counters, high-end stainless steel appliances (6-burner Thermador stove and 2 ovens, Subzero refrigerator, 2 refrigerator drawers, 2 dishwashers and 2 built-in microwaves). Built-in bar with ice-maker and wine fridge. First floor bedroom/office with built-ins, murphy bed and full bath. Mudroom with custom cabinets and cubbies. Master bedroom suite with massive walk-in closet and master bath with Jacuzzi tub, stall shower and double vanity. 3 additional bedrooms with custom closets share two more updated baths. Enormous 6th bedroom used as upstairs playroom/family room with built-ins, custom closets, windows, cabinets and office nook. Bus to schools. Absolute move-in condition.

Sale Price: $1,725,000
Assessed Value: $1,672,000
Real Estate Taxes: $38,765

216 Nelson Road
Fall in love with this mint condition Tudor! This exceptional house is set on park-like 0.2 acre property in a coveted neighborhood in the heart of Edgewood. Features a classic center hall layout, well proportioned sun filled rooms, a modern kitchen with granite counters, Bosch appliances and a mudroom with built-in storage, and glass doors to patio and yard. The living room features a fireplace, front and back exposures and opens to a sun-filled family room. The expansive dining room is designed for entertaining and celebrations. The second level features 3 bedrooms including a spacious master suite with a large walk in closet.The lower level features 300 additional square feet, potential playroom and office, laundry and utilities. The yard is completely flat with ample room for play and entertaining. This Scarsdale gem offers exceptional quality, an iconic location and rare architectural character.

Sale Price: $947,000
Assessed Value: $796,320
Real Estate Taxes: $19,632

350 S Healy Avenue
Set on beautiful, spacious, landscaped property, this large expanded Center Hall Colonial offers privacy and lovely views. Conveniently located family room and den on first floor features new windows allowing views to surrounding park like setting. Enjoy cooking in the updated kitchen with an island and comfortable eating area overlooking the private patio and yard. Your dining room is large enough to welcome holiday guests. Warm up by the fireplace in the oversized living room with built-ins and tastefully appointed crown moldings. Relax at the end of the day in the spacious master bedroom suite with bath and very large bonus room, with walk-in closet, that could easily serve as an exercise area, office or quiet sitting room. There are three additional nice sized bedrooms. The full, unfinished basement, with full bath, has unlimited possibilities.

Sale Price: $850,000
Assessed Value: $969,700
Real Estate Taxes: $28,010

Featured Listings:

12 Reimer Road, Scarsdale
Storybook brick Georgian Colonial with slate roof set on a private 1.59 acres in the estate section of Murray Hill. Meticulously restored and renovated for entertaining. This home features a fenced-in pool with adjacent 2012 cabana and pergola with slate roof and built-in BBQ. Tennis court and sprawling grounds.
Learn more here.
Listing Price: $6,500,000

8 Sundale Place, Scarsdale
A resort feel every day in this exceptional young Colonial in the Edgemont School District. Built by established local builder in premier location at end of cul-de-sac with Shoreline Gunite heated pool on gorgeous one acre property. The interior layout features high ceilings, spacious rooms, lots of light, and open spaces.
Learn more here.
Listing Price: $2,095,000


25 Garden Road, Scarsdale
Listing Price: $3,995,000
8 Bedrooms | 8.1 Bathrooms | ~10,041 Square Feet
Scarsdale meets the Hamptons in this lush, private cedar shake/stone residence on 1.49 acres in the Greenacres Estate. This remarkable home was completely renovated in 2010 by acclaimed architect Jon Halper.
Learn more here.

7 Park Road, Scarsdale
Listing Price: $3,795,000
6 Bedrooms | 7 Bathrooms | ~8,042 Square Feet
One of Scarsdale’s most architecturally distinctive and admired residences. This fabulous adirondack style home was gut renovated to perfection in 2012. Thoughtfully designed. LEED Accredited.
Learn more here.

16 Autenreith Road, Scarsdale
Listing Price: $2,500,000
7 Bedrooms | 4.1 Bathrooms | ~4,492 Square Feet
Fabulous Fox Meadow residence located on a quiet street a block away from Scarsdale Village and Metro North train station. This beautifully updated home features lovely architectural details throughout.
Learn more here.

8 Fairway Drive, Scarsdale
Listing Price: $2,495,000
5 Bedrooms | 4.1 Bathrooms | ~5,366 Square Feet
Impressive sun drenched, Center Hall Colonial situated on a quiet tree lined street. Entertain in grand style or relax by the inviting pool with resort-like grounds. This fabulous home features stunning renovations throughout.
Learn more here.

11 Foxhall Place, Scarsdale
Listing Price: $1,749,000
4 Bedrooms | 3.1 Bathrooms | ~3,821 Square Feet
Picturesque Center Hall Colonial located on a lovely street in convenient Heathcote. High Ceiling and bright spacious rooms makes this home perfect for entertaining. Just a short walk to great shops, restaurants and the Heathcote Elementary and Scarsdale Middle School.
Learn more here.

1020 Post Road, Scarsdale
Listing Price: $1,395,000
3 Bedrooms | 3 Bathrooms | ~ 2,146 Square Feet
A rare opportunity to own a much admired original Dutch Colonial Home in Scarsdale. Rich in heritage, this remarkable residence has been carefully preserved & renovated, keeping the original integrity of the house in tact while incorporating today's modern amenities. The charm & character of this home is undeniable.
Learn more here.

Open Houses:

57 Birchall Drive, Scarsdale
Open House 4/14 from 11am-12:30pm
One-of-a-kind all-stone Scarsdale estate renovated in 1998 on 3.16 acres located in the heart of Murray Hill. Incredibly private, tranquil, sunny and bright with the most beautiful property. Guest cottage, four-car garage plus heated pool and spa, granite patios, pergola, Zen garden, putting green, sport court, hot tub.
Learn more here.
Listing Price: $7,500,000

5 Seely Place, Scarsdale
Open House 4/14 from 1pm-2:30pm
Beautifully renovated Edgemont school district home in an ideal location - steps from elementary school, JR/SR high school, Scarsdale village and train. This stunning home has a great open kitchen/family room layout perfect for today's lifestyle. The family room has a high ceiling, three skylights and built-ins and more.
Learn more here.
Listing Price: $1,050,000

123 Delhi Road, Scarsdale
Open House 4/14 from 2pm-4pm
Your Edgemont home awaits! Charming four-bedroom, two-and-a-half bath home with a large, level, private, fenced yard. Situated at the end of a cul-de-sac on the ABC streets, this conveniently located home is within easy walking distance of the elementary school, shops, the commuter bus to New York City and much more.
Learn more here.
Listing Price: $775,000