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Written by: Joanne Wallenstein

Category: Real Estate

Published: 04 December 2014

Here's the real estate market report from Associate Real Estate Brokers Laura Miller and Elise Flagg: Sales in November 2014 in Scarsdale were 50% higher than November 2013. There were 15 closings in Scarsdale, versus 10 closings in November 2013. Sales thus far this year total 244 in Scarsdale and at the end of November 2013 only 222 had closed. There are an additional 34 houses in contract at this time that have not closed. Despite the seemingly low inventory, more homes than ever are selling this year.

Edgemont had only 2 closings this November versus 5 in 2013. Sales overall this year in Edgemont, however, were higher than last year. There were 91 closed sales thus far this year and only 86 last year through the end of November. There are an additional 23 properties in contract at this time in Edgemont. Edgemont sales overall are up slightly as well.

It appears that Scarsdale/Edgemont buyers are plentiful and as soon as houses hit the market, if they are priced to show value, they sell quickly giving buyers a sense of urgency to perform immediately and at a robust price in order to get a house in this tight market.

Brokers are confident that the spring market will be a brisk one. Many sellers are waiting to list their homes. They do not want to move until summer once their kids have finished school or they need winter months to de-clutter, organize and make plans to move. As always, this makes spring a popular time to list houses. Many of us have signed listings waiting to hit the market this spring so we are encouraging our buyers to start getting familiar with the market, line up their pre-approval letters and be ready to deal with multiple bidding situations. More listings will be available, but there will be more competition as well.

Scarsdale Since January 2014:

• Up to $1MM: 12 active listings, 56 in contract or sold
• $1MM-$1.5MM range: 13 active listings, 83 in contract or sold
• $1.5-2MM range 10 active listings, 58 in contract or sold
• $2MM-$3MM range: 22 active listings, 51 in contract or sold
• $3MM-$5MM range: 21 active listings, 26 in contract or sold
• $5MM and up: 10 active listings, 6 in contract or sold.

Edgemont Since January 1, 2014

• Up to $1MM: 14 active listings, 49 in contract or sold
• $1MM-$2MM range: 13 active listings, 61 in contract or sold
• $2MM-$3MM range: 3 active listings, 4 in contract or sold

Thinking of moving? We can provide a complimentary market analysis of your home and serve as resource for service providers for de-cluttering your home. Elise Flagg and Laura Miller.

Sales:

40 Sage Terrace: This home was cleared for demolition by the Committee for Historic Preservation on August 19. 2014: Set on a gorgeous level .84 acres sits a lovely cottage streaming with light and filled with charm. Once a carriage house, original beams line the living room ceiling and a custom walnut and slate mantle adorns the fireplace. Large French doors allow the light in and afford views of the stunning perennial gardens. Enjoy the private grounds and 40 foot terrace with Elementary School just across the street. Formerly a barn, the 3-car garage with attic provides additional parking and storage. This property consists of two lots (5-1-57 (.29 acres) and 5-1-58 (.55 acres)) totaling .84 acres. They are being sold together as one package.
Sale Price: $2,525,000
Real estate taxes: $29,518

22 Butler Road: Magnificent stone and brick English Tudor, in the heart of Fox Meadow, on .69 level acres featuring stone walls, large patio, gardens, privacy and tranquility. Possible room for a pool. Rich architectural details, incomparable craftsmanship and hand-crafted windows throughout. Showcasing 7 bedrooms, 5.1 baths, 4 fireplaces, carved plaster moldings and archways, beautiful Oak random width floors and entry gallery with intricate brick floor design. Grand and impressive living room (29' x 20') with 10' ceiling, large leaded glass windows and carved fireplace. Elegant formal dining room (20' x 16') with fireplace, French door to covered porch. Paneled library with fireplace, beamed ceiling. Delightful sunroom opens to patio. Modern kitchen with breakfast room. Sweeping staircase with landing and large leaded glass windows. Dramatic master bedroom suite with Barrel ceiling and fireplace. Ludiwici tile roof. 3 car garage.

Sale Price: $2,425,000
Real Estate Taxes: $44,840

3 Bradford Road: This home was cleared for demolition by the Committee for Historic Preservation: Tudor Revival, complete with a steep pitched slate roof, gables, half timbering, and majestic stone and brick twin chimneys is unlike most Tudors. This house has extensive, multi-paned windows all across the back of the house which floods the inside with natural light. White painted wood floors. Large rooms with a wonderful flow. Pool set in private backyard.
Sale Price: $1,245,000
Real Estate Taxes: $40,210

Featured Listings:

31 Andrea Lane, Scarsdale PO, Edgemont
Beautifully renovated, sleek and sophisticated Edgemont home situated on a park like half-acre property, close to elementary school and commuter bus to train. The gourmet kitchen has custom cabinetry, granite counters, high end stainless appliances and a window seat. The exceptional master suite has a tray ceiling, custom closets and a luxurious master bath. Family room with custom built-ins and gorgeous fireplace leads out to a large patio and gorgeous back yard. This wonderful home is perfect for everyday living and entertaining. Learn more here:

List Price: $1,475,000

40 Walbrooke Road, Scarsdale PO, Edgemont
The American Classic is yours with this often admired classic Colonial in the heart of Old Edgemont, less than ten minute walk to Metro North and schools. Nestled on a knoll with beautiful property and bright spacious rooms, 40 Walbrooke offers all you need for private time, friends and celebrations. Living and dining rooms both with fireplaces and lovely cabinetry, family room with three walls-of-windows, inviting and bright kitchen, five bedrooms that could be 6, gorgeous oak and pine floors, large windows, terrific storage throughout, dreamy private porch, 2-car garage, finished basement, shed/playhouse. Learn more here:

List Price: $1,339,000

Details

Written by: Joanne Wallenstein

Category: Real Estate

Published: 26 November 2014

Two big sales in time for Thanksgiving:
22 Hampton Road: This notable and exceptional English Tudor is a rare opportunity in Fox Meadow with its 1.33 acres of park-like setting which boasts a complex of patios, pool, landscaped gardens and lush lawns. This prominent home shows itself to be an enduring testament of Tudor-style construction with its leaded windows, fabulous oak staircase, random width pegged wood floors and intricately detailed millwork.

Sale Price: $5,400,000
Assessed Value: $4,823,500
Real Estate Taxes: $78,430

30 Heathcote Road: Distinguished Scarsdale estate! Tennis, swimming, and built in outdoor entertainment center with barbeque and refrigerator in secluded backyard. This spacious Tudor home offers a tremendous value on 1.49 acres. Featuring a recently renovated open chef's kitchen/great room which flows easily into a large dining room and a spacious living room. This home can host family and friends on a grand scale. House offers both guest quarters and an au-pair suite.

Sale Price: $3,270,000
Assessed Value: $3,378,000
Real Estate Taxes: $81,380

207 Fox Meadow Road: 5 bedroom home located on Fox Meadow Road close to Scarsdale Village. Home features huge living room, dining room and sun porch, den, 5 large bedrooms, 3 Full baths and 2 half baths. Partially finished basement, attic and outdoor patio.

Sale Price: $1,175,000
Real Estate Taxes: $20,132

17 Black Birch: Large colonial in need of a total renovation inside and out. Large room sizes welcoming entry foyer, large kitchen, formal dining room, and large living room with vaulted ceilings. Upstairs master bedroom has a master bath. Three other bedrooms and a full bath complete this level. Downstairs offers a walk-out finished space with a den/study and a full bathroom. Level backyard with patio.

Sale Price: $885,000
Real Estate Taxes: $27,000

Details

Written by: Joanne Wallenstein

Category: Real Estate

Published: 20 November 2014

Sales: 4 Hazelton Drive: Bright, light home in Quaker Ridge. Mint 4 bedroom colonial with new baths, large eat-in kitchen with new Stainless Steel appliances, family room with skylight next to kitchen. Hardwood floors throughout. 4- zone heating with very low utility bills. 5 year old roof. Attic fan. New walkway and steps. Private level backyard.

Sale Price: $865,000
Real Estate Taxes: $19,906

145 Johnson Road: Charming Tudor in Scarsdale School district with great curb appeal. Strategically located close to bus, Edgewood elementary school and shopping. Large level backyard for barbecue and entertainment. You will enjoy having the sunny and bright den for an office or a TV room. Full basement can be great space for any activity.

Sale Price: $770,000
Real Estate Taxes: $16,357

Edgemont:

17 Club Way: Amazing location, beautiful setting on a lovely tree lined street. The house is a 1925 Mediterranean that is in need of a lot of TLC. The land is .23 acre 75 frontage and 135 depth (10,175 sq. ft). 2528 interior sq. feet -Very nice layout: Vestibule, powder room, entrance foyer, living room/fireplace, library, formal dining room. Eat in Kitchen, butler's pantry, guest bedroom and bath. Second Floor: Large master bedroom w/ bath, 3 Additional Bedrooms and a hall bath. Basement has laundry room, many storage closets and large open area plus 1 car garage

Sale Price: $600,000
Real Estate Taxes: $25,200

Featured Listings:

7 Beechwood Lane, Scarsdale: Spectacularly renovated Center Hall Colonial on a quiet cul-de-sac in the Heathcote section of Scarsdale. Christopher Peacock kitchen, all Waterworks bathrooms and fittings, living room with stunning Eramosa stone fireplace, large family room with walls-of-glass and custom built-ins, fully outfitted mudroom. Stunning bluestone patio and professionally landscaped private property, 2-car garage fitted with Flo Wall system. Elegant master retreat with luxurious walk-in closet (part of closet can be converted to fifth bedroom), three additional bedrooms; two additional baths. In the lower level is a playroom, new powder room, exercise room and laundry. This extraordinary home with unparalleled craftsmanship is a must see. Learn more here:

List Price: $2,695,000

20 Old Lyme Road: Scarsdale: A circular drive welcomes you into this 4,257 square foot front-to-back Split with great flow, nestled on .45 acre of beautifully level, landscaped property in close proximity to elementary school. The first floor hosts a dramatic entry hall with beautiful moldings and skylight, large sun-filled living room with fireplace and formal dining room with French doors. The spacious dine-in kitchen with center island, granite counters, breakfast and desk areas, door to deck and laundry; also library/office with custom built-ins and powder room. The second floor features the master bedroom and bath with steam shower; a separate wing with 3 oversized bedrooms and 2 full baths redone in 2008. The expansive lower level family room with built ins, fireplace and wet bar is a perfect space for entertaining. There is an additional 5th bedroom and bath 2004, incredible storage space and a crawl space in the basement. New windows, hardwood floors, 3-zone heat, 2-zone CAC make this home a must see. Learn more here:

List Price: $1,699,999

Details

Written by: Joanne Wallenstein

Category: Real Estate

Published: 13 November 2014

The Committee for Historic Preservation, which is looking for nominees to serve on the committee, will meet on November 18 to consider the demolition of four homes in Scarsdale.

Here are the addresses:

• 42 Huntington Avenue -- built in 1927
• 3 Bradford Road -- built in 1928
• 1 Paddington Road -- built in 1951
• 9 Wakefield Road -- built in 1952

42 Huntington is a Tudor in poor condition right near the Greenacres School. It sold this week for $1,050,000. 3 Bradford Road has a pool and was recently listed for $1,500,000.

Sales:

2 Oak Lane: Stately Fox Meadow Tudor. Magnificent architectural details including Oak paneling, beamed ceilings, 5 fireplaces. Exquisite leaded windows, grand stepdown LR, media center with built-in TV/speaker/Crestron System in FR, fab kit/granite counters, 2 dishwashers, Viking 8-burner, subzero, 3 car garage, wine cellar and great playroom. Landscaped gardens & patios on flat .81 acres.

Sale Price: $3,950,000
Real Estate Taxes: $69,813

3 Bethel Road, Scarsdale: Elegant Colonial set on 1+ acre on a serene Cul-De-Sac in Murray Hill Estate area. Rare privacy, breathtaking setting, landscaped grounds. Built by well-known architect, Walter Collet, this 5,237 square foot beautifully maintained home w/new slate roof, magnificent formal rooms including grand living & dining rooms, oak paneled family room & generous private spaces. The expansive second floor has 6 bedrooms and 4 full baths. Room for future expansion and pool.

Sale Price: $2,850,000
Real Estate Taxes: $49,655

30 Fairview Road: Brilliantly renovated home in Greenacres with lots of natural light and great views from multiple glass doors and tall windows. Features five bedrooms, four full bathrooms plus a powder room, oversized master suite with tray ceilings, bay windows, ultra luxury master bath and large walk in closet. The nearly new stunning eat-in kitchen features marble countertops, island, Viking, SubZero and Miele appliances and a breakfast area. Grand family room with cathedral ceilings and Palladian windows.

Sale Price: $1,790,000
Real Estate Taxes: $37,960

43 Axtell Drive: Beautiful sunny, bright, colonial in exceptional location of Crane Berkley in Fox Meadow. Incredible .43 acre of private and flat property. Move right into over 4,800 interior square feet-6 bedrooms amd 4 and 2 half baths-large rooms and great layout. Impressive entrance foyer, library, living room and dining room all with fireplaces. New a/c, new cedar siding, new roof and much more.

Sale Price: $2,422,500
Real Estate Taxes: $46,897

42 Huntington Avenue: Greenacres Tudor situated on a level .31 acres in an ideal location. Features side hall entry, classic floor plan, wonderful architectural details, French doors in sun room open to side porch and dining room opens to rear gardens, hardwood floors throughout, 5 bedrooms, 2 1/2 baths, large living room with fireplace and beautiful mantel, large walk-up attic for storage, incredible property with tremendous potential.

Sale Price: $1,050,000
Real Estate Taxes: $22,061

2 Lincoln Road: Beautifully updated Ranch on a corner fenced in property features entry hall, living room with fireplace, dining room, master bedroom with bathroom and 2 additional bedrooms with hall bathroom. Eat-in-Kitchen with granite counter tops, stainless steel appliances and tile floor. Crown moldings and hardwood floors throughout.

Sale Price: $800,000
Real Estate Taxes: $15,407

Edgemont

395 Ardsley Road, Edgemont Schools: Stunning renovated home in unique picturesque park-like setting on .51 acres with heated in-ground pool. This home features a charming front porch, living room with brick fireplace and hand-crafted stained-glass window, sunlit formal dining room, state of the art eat-in kitchen with radiant heated floors, beautiful marble counters and stainless steel appliances, powder room, fabulous family room with stone fireplace and wood beamed ceiling, playroom, game room which can be converted back to 5th bedroom with full bath, a detached two car garage renovated with new floor and 220V charger for electric car. The second floor has a luxurious master suite with marble bath and shower, three additional bedrooms and renovated hall bath.

Sale Price: $1,380,000
Real Estate Taxes: $29,822

Featured Listings:

10 Rutland Road, Scarsdale PO, Edgemont: A rare find, stunning, impressive, sun-filled English style home on .62 flat acres on a peaceful street in the Cotswold section of Edgemont within walking distance of schools, the Scarsdale Village and train. Rooms are grand and the layout convenient and classic. Special details include stone, stucco and wood exterior and detailing. A spectacular Ludovicci tile roof, leaded windows, many of which are new, oak floors, dropped living room with fireplace, large gracious dining room, large, well-appointed and laid out kitchen and breakfast area. A spacious screened porch, study with built-ins, pretty powder room, front and backstairs, spacious master bedroom and bath, four additional bedrooms and two more full baths, solid cherry paneled family room with coffered ceiling, balcony, window seats, built-ins, wet bar and a finished basement with playroom and powder room. All this is set on a spectacular lot of mature plantings and gardens. Learn more here:

List Price: $2,479,000

2 Oneida Road: Scarsdale: Fabulous sun-lit custom-built home on beautiful property with large stone patio overlooking a pond, perfect for kayaking or canoeing. High ceilings and fabulous light throughout. Huge entry with high ceilings and doors to patio. Living Room with doors to yard, family room with stone fireplace and doors to patio. Large dining room, perfect for big parties and kitchen with breakfast area. Master bedroom with bath and three additional bedrooms with two baths are on the first floor. Two bedrooms with bath on second floor. Walk to middle school. Basement square footage not included in total. Learn more here:

List Price: $2,175,000