Details

Written by Sophia Albert

Category: Real Estate

Published: 19 May 2022

Will rising interest rates cool the hot real estate market? This spring in Scarsdale, scant home inventory fueled the market and home prices went through the roof, with some selling at more than a million dollars above their assessed value.

However, now that interest rates on home mortgages have risen above 5%, analysts are predicting a tempering of home sales. A recent article in Forbes Magazine says, “In terms of purchasing a property, every 1% of interest rate increase on a buyer’s loan reduces their purchasing power by approximately 12%," … "In other words, if buyers do not have a hefty savings or an income that is beyond what was initially allocated, then the overall budget to purchase a home stands to decrease substantially.”

So though there is still a shortage of homes on the market, sellers may have to tone down their expectations for pricing, as mortgage interest rates are going to take a bigger bite out of buyer’s pockets. In addition to the rise in interest rates, recent declines in the stock market have also decreased home seekers buying power, so the market could be in for an adjustment.

Sales
138 Fox Meadow Road
Majestic Colonial in Fox Meadow. Built by Award winning KOSL Building Group, Scarsdale's Premier Builder. With the ultimate layout with six spacious bedrooms, six bathrooms, one powder room, over 6200 square feet, level backyard and room for pool. Having many architectural details throughout with dramatically large windows and the finest materials. Pella windows, cedar shingle roof, copper gutters and leaders, stone and cedar siding on all sides. Impressive 10 foot ceilings on the 1st floor and 9 foot ceiling on the 2nd floor and basement. State of the art eat-in-kitchen, top of the line appliances and breakfast area, adjoining the large family room with fireplace. Convenient laundry room on the 2nd floor. Convenient dumbwaiter from the garage to the kitchen. Heated 3 car garage. Short walk to train station, shops and school
Sale Price: $3,229,000
Assessed Value: $2,842,500
Real Estate Taxes: $71,051

24 Stonehouse Road
The ultimate in suburban living within just minutes from urban conveniences. This young split level home spanning 4000 square feet was completely rebuilt in 2005 and offers a spacious open layout with plenty of spaces to work, relax and enjoy the outdoors. The interior space offers a gourmet kitchen with a fleet of upscale appliances that will test your culinary schools while enjoying gatherings in the adjacent family room with sliding doors to the outdoors. The chic formal dining room welcomes gracious dinner parties and the living room has a stately fireplace and impressive wall of windows that fill the space with warmth and golden light. The guest quarters offer 5 potential bedrooms and 3 full elegant bathrooms and the walkout lower level makes a great playroom or area for guests with a full bath. This central Scarsdale location is only 2 blocks from Scarsdale village, train and parkways.
Sale Price: $2,550,000
Assessed Value: $1,500,000
Real Estate Taxes: $37,834

15 Vernon Road
Stately stone and clapboard Colonial with a slate roof and copper gutters on 2/3 of a level acre boasting impressive curb appeal and exceptionally grand living and entertaining spaces, with room for a pool, in the award-winning Scarsdale school district. A lovely foyer welcomes you to this nearly 6000 square foot south-facing home featuring an oversized, sun-filled family room with custom-made built-in entertainment center including wet bar and a 3-sided fireplace opening up to the adjacent fabulous gathering/playroom with sliding glass door to the expansive deck, formal living room with wood-burning fireplace, formal dining room with bay window, eat-in-kitchen, powder room, and mudroom connecting to the two-car garage. The second level showcases a primary bedroom suite with two full bathrooms, a spacious dressing area, multiple outfitted walk-in closets and stunning property views, two spacious family bedrooms share a Jack-and-Jill bathroom, a third family bedroom with en-suite bathroom, and a fourth family bedroom/den with built in bookshelves, window seat and en-suite bathroom complete this level. The large lower level contains a bright recreation room with fireplace, 1/2 bath, separate large gym/room with en-suite full bath, laundry area and plenty of storage space. Don't miss the third level versatile storage space. Conveniently located on a tranquil street in the heart of Scarsdale, offering a bus to all schools and a 32-minute express train to New York City.
Sale Price: $2,475,000
Assessed Value: $2,251,300
Real Estate Taxes: $57,134

24 Aspen Road
Impeccably renovated home featuring a flexible indoor-outdoor layout, fantastic natural light and a perfect Scarsdale location. The 3500+ square foot showplace features a living room with a fireplace, formal dining room, and a den with a bar and coffered ceilings. The large eat-in chef's kitchen offers upscale appliances. Outside, the patio is surrounded by lush professional landscaping and a new hot tub. Three beds, including the primary suite, on the main level, plus two more above. The lower level features a spacious rec room, new laundry/mudroom with great storage, plus a windowed office perfect for working from home. Extensive updates include a new roof, gutters, shingles, stone facade, Savant smart home system, new doors, video security and upgraded electrical. Conveniently located on a tranquil street just inches from Aspen Park, Saxon Park, Heathcote Five Corners and buses to the Scarsdale train station or Quaker Ridge elementary, middle and high school.
Sale Price: $2,430,000
Assessed Value: $1,375,000
Real Estate Taxes: $34,895

15 Foxhall Place
Chic and sophisticated Cape Cod Center Hall-style Colonial located in the heart of Heathcote! Beautifully situated on a very private and tranquil tree-lined street, located steps to Heathcote Elementary and Scarsdale Middle School, shops, parks, Scarsdale pool, Boulder Brook Horse stables and tennis. Formal entry foyer leads to a beautiful open, bright expansive living room with wood burning fireplace, formal dining room, family room with dramatic vaulted ceilings and an additional wood burning fireplace that make for a cozy space to watch your favorite TV series. Entertain in your incredible chef’s kitchen featuring a six-burner Thermador range, stainless steel refrigerator, KitchenAid dishwasher, custom cabinets, center island, granite countertops, a home office, children’s study and powder room complete the first floor. The second floor features a primary suite with en-suite full bath, glass enclosed walk-in shower, tremendous closet space with (one) walk-in featuring custom drawers. There are three additional bedrooms with (one) hall bath. The fourth bedroom also has an en-suite bath totaling three full baths on the second floor! The oversized lower level is the perfect space for a playroom, home gym, home theater or game room. Have fun entertaining with the custom “pub-like” bar! Laundry room and extra storage complete the lower level. The rear yard has a stunning bluestone patio that affords room for a large dining table with multiple seating areas, private lush grounds with perennial flowering gardens makes for the most fabulous space to entertain family and friends!
Sale Price: $1,925,000
Assessed Value: $1,200,000
Real Estate Taxes: $29,236

289 Boulevard
Very private and beautifully styled Contemporary home, tucked on a quiet 1/3 acre in the heart of Edgewood. With a lovely setting for entertaining, this multi-level, 4 bed home has a formal living room and dining room, 2 full baths/ 2 half baths, a modern kitchen with a spacious family room and easy access to rear patio and deck. Three bedrooms are located on the second level and a fourth bedroom/den with a half bath ensuite is located on the lower level, ideal for au pair or guests. Amenities include over 2500 square feet of finished space, gas heat, central air, and an attached 2-car garage with room for additional cars in the driveway. This fabulous home is just two blocks from popular Davis Park and is an easy walk to Edgewood elementary school. Free bus to both Scarsdale Middle School and Scarsdale High School. Commuter bus to Scarsdale Village provides easy access to restaurants, shopping and train to NYC train. 35-min commute to Grand Central.
Sale Price: $1,465,000
Assessed Value: $1,125,000
Real Estate Taxes: $27,903

166 Lyons Road
Welcoming center hall colonial located in desirable Scarsdale neighborhood! Charm abounds this sun-filled and much loved home. Follow the glistening hardwood floors throughout the entry level into each inviting space. The large living room with wood burning fireplace is perfect for a cozy night in while the open concept family room and the renovated eat-in kitchen with granite countertops, stainless steel appliances and Thermador double oven is the center of all gatherings. French doors lead to the formal dining room. Upstairs you'll find a cheerful owners' suite with walk-in closet and ensuite bath plus 3 additional bedrooms, a full hall bath. This home was expanded with a two story addition in 2008 to create the ideal living space and a new garage was also rebuilt. Short walk to Edgewood Elementary School, parks, commuter bus and Scarsdale Village train and shopping.
Sale Price: $1,250,000
Assessed Value: $825,000
Real Estate Taxes: $20,808

Featured Listings

5 Copper Beech Lane
Scarsdale, NY
Welcome to 5 Copper Beech Lane, a beautiful, young brick Colonial set on a level .57 acre on a tranquil cul-de-sac in the Quaker Ridge section of Scarsdale! This elegant home features a grand two-story foyer with marble floor, with nine foot ceilings on the first floor. The chef's kitchen has high-end stainless steel appliances, center island, and a light and bright dining area with sliding doors to the park-like backyard, with potential room for a pool. From the kitchen, step down to the huge family room with stone fireplace and additional access to the yard. The first floor also features an expansive formal living room, formal dining room, butler's pantry with desk, an office/den, powder room, laundry and access to the garage and private guest suite with bath. The second floor boasts a large primary suite with two walk-in closets, and ensuite marble bath with skylight, a bedroom with ensuite bath, two additional bedrooms and a hall bath. The full basement is finished with playroom, tons of storage and full bath. A perfect house to call home!
Learn more here.
Listing Price: $2,699,000

46 Webster Road
Scarsdale PO/Eastchester, NY
This charming two-family Colonial is conveniently located in the heart of Eastchester, just steps away from shopping, entertainment, supermarkets, fine dining, Greenvale Elementary and public transportation. Both units boast hardwood floors throughout. A spacious living room with wood-burning fireplace, a 12 foot x 8 foot bedroom/sunroom/den adjacent to the living room, open flow kitchen and dining area, a sizable bedroom, full bath and door to the private backyard/patio complete the first level. Second floor offers a spacious bedroom and living room, full bath and a very stylish kitchen. Laundry is located in the unfinished basement, and has a new washer. Perfect for the extended family or as an income-producing property. Enjoy Cooper Field playground just one block away and your resident discount at Lake Isle Town Club with its golf, tennis and multiple pools! This home has so much to offer, and is worth the visit!
Learn more here.
Listing Price: $699,000

Details

Written by Sophia Albert

Category: Real Estate

Published: 25 May 2022

This week more high end homes sold in advance of Memorial Day weekend. See what changed hands at prices far above their assessed values.
Sales
138A Fox Meadow Road
Contemporary Colonial in Fox Meadow built by KOSL Building, Scarsdale's Premier Builder. finest materials throughout. Impressive 10 foot ceilings on the 1st floor and 9 foot ceilings on the 2nd floor and basement. Heated 3 car garage. Prime location in Fox Meadow. A dream house for a NYC commuter. Possible room for a pool.
Sale Price: $3,200,000
Assessed Value: $2,842,500
Real Estate Taxes: $68,302

13 Harcourt Road
Grand English Tudor with the perfect in town Fox Meadow location - walk to schools, village, train and public library. Beautifully renovated and re-designed, this majestic Tudor boasts generously scaled rooms, exquisite architectural details and every modern convenience. Center hall opens to large living room with barrel ceiling and fireplace, private sun-filled library/home office with custom built-ins and backlit onyx counters, screened porch, formal dining room, huge eat-in chef's kitchen/center island with two fridge drawers, wine cooler, adjoining family room /fireplace, sliding glass door to private patio, powder room, mudroom, backstairs and attached two car garage. Second floor boasts exquisite primary bedroom suite with fireplace and vaulted ceiling, dressing room, walk-in closet, master bath with steam shower and two sinks, plus five bedrooms and three full baths as well as a convenient backstairs. Lower level offers huge bonus space, laundry, utilities, storage and powder room. Level private property with beautiful mature plantings. All designer chosen light fixtures are included!
Sale Price: $3,00,000
Assessed Value: $2,104,125
Real Estate Taxes: $53,071

25 Cambridge Road
Gracious Center Hall Colonial on park-like one acre property in Greenacres. Spacious home with grand living room/family room with fireplace, formal dining room, large eat-in kitchen with breakfast area and adjacent playroom with sliding doors to deck overlooking gorgeous backyard. This home features five-bedrooms and three-and-a-half bathrooms as well as a partially finished walk out basement. Interior of house is freshly painted.
Sale Price: $1,800,000
Assessed Value: $1,480,500
Real Estate Taxes: $37,342

3 Gilmore Court
Classic Greenacres Tudor privately set on tranquil cul-de-sac in walk to train location. Built in 1913, this home features an elegant foyer, gracious living room, 10' ceilings on first floor, two fireplaces, built-ins, lovely hardwood floors, large casement windows, a brand new furnace and renovation potential. Walk outside and enjoy the pastoral cul-de-sac setting and neighborhood feel with a small central park shared by all. The level property is fenced and has mature landscaping and lovely annuals that make a colorful display in warmer months. Conveniently located, you can easily walk to the newly renovated Greenacres Elementary and the Hartsdale train station.
Sale Price: $1,300,000
Assessed Value: $1,050,000
Real Estate Taxes: $21,567

7 Edgemont Circle
Spacious, light-filled Raised Ranch style home located in the heart of Edgemont. This special residence offers plentiful indoor and outdoor space for everyone. Upon entering the home you're welcomed into an entry foyer, spacious living room with cathedral ceiling, dining room, dine-in granite kitchen with door to covered deck. Primary Bedroom en-suite bath, 2 closets, 2 additional bedrooms and a hall bath complete the main level. Lower Level features a 4th Bedroom/Den Home Office, half bath, plus Family room sliders to yard. Oversized 2-car attached garage with laundry room, utilities and enclosed unheated porch door to yard. This flexible layout provides a recreation room, private office space, and multi-level entertaining space. Lots of closets and storage space, hardwood floors and 14-KW Generac generator. Situated on a level .35 acres with an above ground Pool. Prime location close to schools, shops and restaurants.
Sale Price: $1,099,000
Assessed Value: $1,070,500
Real Estate Taxes: $36,807

Featured Listings

74 Ardsley Road
Scarsdale PO/Edgemont, NY
Luxurious and private, this grand Colonial in the Edgemont School district has been totally updated and expanded with all modern amenities. Truly an estate on 2.8 acres of park-like property with a gunite heated pool, 2 hot tubs, built-in outdoor grill, fire pit and barn. Perfectly located close to Scarsdale village, train and schools. Special features: high ceilings, beautiful architectural details, 7 fireplaces (2 gas), multiple home office options, new windows and elevator. The cook's kitchen has custom cabinetry, top-of-the-line appliances, island with breakfast bar, eat-in area with curved windows and door to patio. Located off the kitchen is the fantastic family room with fireplace, cathedral ceiling, built-ins and French doors to property. Land subdivision possible and 3 additional lots on Edgemont Road available for purchase separately. This incredible property is one of a kind with incredible views and vacation feel - while only a few steps to everything!
Learn more here.
Listing Price: $2,875,000

5 Copper Beech Lane
Scarsdale, NY
Welcome to 5 Copper Beech Lane, a beautiful, young brick Colonial set on a level .57 acre on a tranquil cul-de-sac in the Quaker Ridge section of Scarsdale! This elegant home features a grand two-story foyer with marble floor, with nine foot ceilings on the first floor. The chef's kitchen has high-end S/S appliances, center island, and a light and bright dining area with sliding doors to the park-like backyard, with potential room for a pool. From the kitchen, step down to the huge family room with stone fireplace and additional access to the yard. The first floor also features an expansive formal living room, formal dining room, butler's pantry with desk, an office/den, powder room, laundry and access to the garage and private guest suite w/bath. The second floor boasts a large primary suite with two walk-in closets, an ensuite marble bath with skylight, a bedroom with ensuite bath, two additional bedrooms and a hall bath. The full basement is finished with a playroom, tons of storage and full bath. A perfect house to call home!
Learn more here.
Listing Price: $2,699,000

Details

Written by Sophia Albert

Category: Real Estate

Published: 12 May 2022

While we await news on an appeal from the Village of Scarsdale to defend the Village’s preservation laws and save a historic home at 11 Dolma Road, the Committee for Historic Preservation will again consider an application to raze a home a few doors down at 19 Dolma Road. The committee asked for an opinion on the history of the house from architectural historian Andrew Dolkart that you can see here.

Also see our coverage here.

At their meeting on Tuesday May 31 at 7 pm, they will also consider applications to take down:

29 Church Lane – read Dolkart’s opinion on that house here

8 Barker Lane

13 Ridgecrest East

44 Fayette Road

The meetings are now held in person at Village Hall.

Sales
158 Brite Avenue
Fully renovated, this bright home has been redesigned perfectly for the most discerning buyer. Located on a tranquil street walking distance to train, school, shops and restaurants. Interior features include a brand new Chefs kitchen with a large center island, Sub Zero, Miele cooktop and hood, quartz countertops, double ovens, generous sized butler’s pantry, storage pantry and breakfast area. The open floor plan to the family room with a fireplace and French doors creates an ideal flow. The living room features a wall of windows that open to the beautiful backyard, high ceilings, hardwood floors and a stone fireplace. The formal dining room is expansive and bright. The primary bedroom features a walk-in closet, marble primary bath with soaking tub. 3 additional bedrooms and 2 full baths complete this floor. The 3rd level hosts 3 bedrooms, a full bathroom and cedar closet. This house features all new mechanical systems, Anderson windows, roof and air concitioning
Sale Price: $2,600,000
Assessed Value: $1,128,120
Real Estate Taxes: $28,138

8 Carstensen Road
This beautifully renovated brick Tudor offers the best of storybook charm and modern amenities. Inside you'll find a bright, sunny and modern floor plan. Meticulously renovated kitchen and French Doors from living room to the covered patio. Entertaining al fresco made easy with picturesque views of your own nature pond and expansive backyard or transform the living space into your home office with sliders as their own private entrance. The 2-car detached garage has a huge walk-up, empty loft space. Enjoy this sophisticated and stylish, private sanctuary close to all! Just a short walk from the Scarsdale Village Shops, Train and High School.
Sale Price: $2,200,000
Assessed Value: $1,550,000
Real Estate Taxes: $38,363

33 Weaver Street
Modern meets luxury in this craftsman style new construction home in a convenient location in the Scarsdale school district. This stunning 5 bedroom, 4.5 bath custom home is set high above the road with fabulous views of treetops and sunsets. The house boasts a completely open floor plan with living and dining flowing directly into the grand family room that has incredible 12' high ceilings. The family room is open to the modern eat-in kitchen containing top of the line appliances and beautiful fixtures. The substantial breakfast nook overlooks the garden walls and flat yard with a bluestone patio perfect for grilling and outdoor entertaining. The lower level is equipped with a bedroom, full bathroom and mudroom. Total square footage includes the lower level as well as an insulated, drywalled, and heated garage area which is a convertible space. Exterior work in progress, completion expected shortly.
Sale Price: $1,950,000

26 Stratton Road
Welcome home to your oasis. This majestic home features include a wonderful welcoming foyer, spacious and bright living room with a fireplace, custom built-ins, powder room, study/office, a formal dining room with french doors, open concept kitchen that opens into the family room, and access to your private patio. Upstairs a large primary master suite features include a tray ceiling, walk-in closet and spa bathroom. This home also includes a second private suite with a private bathroom with a custom walk-in closet. Two bedrooms and a hall bathroom complete this floor. The lower level comes with a finished space that can be used as a playroom, gym or office. This is the perfect home to entertain family and friends.
Sale Price: $1,810,000
Assessed Value: $1,250,000
Real Estate Taxes: $31,662

26 Claremont Road
Rare Greenacres Twin Gabled Center Hall Colonial is completely updated, yet oozing with the best of Pre-War charm. You’re greeted by a covered porch where you’ll love to spend summer afternoons. Inside, you'll find a gracious oversized living room and formal dining room for hosting all your holiday events and a modern eat-in kitchen with center island. The family room has easy access just off the kitchen, with glamorous powder room. Upstairs, you’ll discover a marble hall bath with four well-sized family bedrooms. The master includes an en-suite bath, walk-in shower, soaking tub, and double sinks. All bedrooms feature large, walk-in closets and the master boasts his/her walk-in closets. The basement offers a finished room perfect as home office, "man-cave", or playroom. Stone steps lead to a level yard with ample room for a playset. Lots of custom built-ins and storage space throughout with convenient "mudroom" at the attached garage entrance. Imagine moving in and calling this home your own!
Sale Price: $1,600,000
Assessed Value: $1,128,000
Real Estate Taxes: $28,451

181 Madison Road
Fabulous and chic home in the heart of Edgewood, with a fully renovated, gorgeous open plan kitchen/dining area, two-and-a-half stylish new baths, and an optional garage bonus space for playtime or work-from-home space. Ideally located just a short walk to Edgewood elementary school, beautiful Davis Park and a three-minute drive to downtown Scarsdale shops and Metro North train for a 32-minute commute to Grand Central Terminal. The first level features a 2019 gorgeous, gut renovated open-plan kitchen/dining area with Carrara marble countertops, custom soft close cabinetry with brass pulls, Bosch appliances, filtered water instant hot/cold tap, door to backyard, a spacious dining area, three exposures and designer lighting and curtains. A large living room with wood burning fireplace, custom built-in coat/utility closets and a desk area plus a renovated powder room complete the first level. The flow is excellent with easy access between rooms. The second level boasts a stunning primary bedroom with two large closets and a 2019-built luxurious primary bath, two spacious family bedrooms and a beautiful renovated hall bath. The lower level contains storage, utilities and laundry area with new washer/dryer. The garage offers versatile space for hanging out or working from home or can be used for one car. There are four additional parking spots in the driveway, a fun firepit area surrounded by hydrangeas, level yard and a front porch that was redone in 2021 along with a new bluestone front path and extensive landscaping and exterior lighting installed throughout the property. Many updates including Nest thermostats and cameras, ring doorbell, custom drapes/blinds, designer lighting and three new exterior doors.
Sale Price: $1,075,000
Assessed Value: $800,000
Real Estate Taxes: $20,178

Featured Listings

73 Chase Road N
Scarsdale, NY 10583
Everything you could wish for - and more! This turn-key, exquisite Fox Meadow home is fully customized with the finest finishes in every room and on every floor. The stunning and immaculate exterior welcomes you to this bright and beautiful home with over 6400 square feet, six bedrooms, and five-and-a-half bathrooms. A covered entry opens into a breathtaking foyer with views through to the back windows and an open layout that flows seamlessly. The living room with gas fireplace and windows to the front and side is the perfect layout for entertaining directly across from the grasscloth dining room in dreamy neutrals. Pass through the spacious entry into the large, open kitchen/family room area with a beautiful eat-in area and an easy exit to the backyard. The kitchen is finished with stunning marble, custom hardware, and a large center island for easy snacking and eating. The family room with another gas fireplace welcomes day to day lounging and is beautifully designed. The custom powder room and mudroom area are jewel-boxes to complete the floor. The second floor boasts a primary suite bedroom with 11 foot ceilings, two walk-in-closets, custom built-ins, and spa bath with steam shower and Jacuzzi tub. One more en-suite bedroom, two more bedrooms, a hall bath with double sinks and separate toilet/tub/shower room, and a fabulous laundry room finish off the second floor. The third floor is finished with a bedroom/office, full bathroom, and hang-out TV/recreation area. The basement offers yet another bedroom and full bath, and plenty of flex space for TV/Media, playroom, gym, and more. Don't forget the beautifully landscaped backyard making this home a joy to live in inside and out! Walk to the village and train (cut through at end of the street!) for easy, beautiful in-town living. Professional landscape lighting, heated garage, electric car charger, custom closets - and more custom amenities for you to fall in love with!
Learn more here.
Listing Price: $3,350,000

225 Heathcote Road
Scarsdale, NY 10583
Don't miss this impressive Heathcote brick Colonial set on a gorgeous acre of lush, landscaped property with a recently refurbished and stunning pool complete with spa and waterfall! Enjoy a perfect layout for everyday living and gracious entertaining in this spacious home set back from the road with a circular driveway. The first level features a generously sized formal living room, formal dining room, spectacular family room with vaulted ceiling, French door to patio, built-in wet bar with fridge and wood-burning fireplace, expansive eat-in-kitchen with a wall of newer glass doors overlooking the property and boasting a large island, two sinks with disposals and premium appliances. A laundry room, powder room, bedroom with full bath, mudroom and two car garage with epoxy floor complete this level. The second level includes a primary bedroom suite with a luxurious marble bath with Jacuzzi tub, steam shower, double vanity, separate linen closet and skylights, large walk-in closet plus an attached study with an additional walk-in closet, four additional spacious bedrooms, den/gym/study and two large hall baths. The lower level contains a recreation room with a door to the backyard, storage room and utilities. Barbeque with family and friends on the large patio all summer long or cool down in the lovely pool while listening to the waterfall. Walk to elementary school, middle school, Five-Corners Shops and worship from this stately home.
Learn more here.
Listing Price: $3,299,000