Real Estate Inventory Up in Scarsdale
- Details
- Category: Real Estate
Though the market for homes priced under $2mm remains strong in Scarsdale, overall trends are not as encouraging. First the good news: A new listing in Scarsdale last week with an asking price of $1,350,000 received over 10 bids demonstrating a keen interest on the part of buyers for first homes to move to Scarsdale. On the other hand, there is a 20% increase in overall inventory over this time last year, a 30% decrease in pending sales and a 7% decrease in properties sold. The median price is down 3% year-to-date over last year.
Most of the inventory increase is in the $3MM and up market where sales are down 29.4% from last year. However, this year four houses priced at $5 mm and up sold as compared to three for this time period in 2014. Realtors are hopeful that year-end bonuses will bring out more high-end buyers. Open Houses have been attracting many potential buyers in the $3MM and under range.
In Edgemont, business is strong. There are about 13% fewer listings right now than last year at this time, a 60% increase in pending sales over last year and a 10% increase in properties sold! However, the median price is down about 8%. (This market report was provided by Elise Flagg and Laura Miller of Houlihan Lawrence in Scarsdale.)
Sales:
21 Meadow Road
This home is nestled on .46 acre of landscaped property. The first floor hosts a living room with fireplace, a formal dining room, eat-in kitchen with center island, breakfast and desk area, a family room with custom built-ins and access to a level yard with screened-in porch. The second floor features a master bedroom with many closets and updated bath with spa bathtub. There are two additional bedrooms and a hall bath. The third floor has a bedroom with adjacent hall bathroom, office and storage. There is also a two-car garage. The roof was replaced in 2002 and the AC/heating was replaced in 2010. There is a full house generator and a humidifier.
Sale Price: $1,600,000
Taxes: $31,563
41 Palmer Avenue
The first floor of this home has a living room with fireplace, formal dining room and eat-in kitchen. Up several steps to the master bedroom and bath, two family bedrooms and hall bath. Down several steps to the family room, office/guest bedroom, powder room and laundry. Door from family room leads out to the newly built patio. Attic access off the master bedroom offers expansion possibilities. Sub basement is off the garage.
Sale Price: $700,000
Taxes: $20,229
Edgewood:
7 Paradise Drive
Center hall colonial home in Edgemont School District sits on a level 1/3 acre. The home features hardwood floors throughout, all new moulding and wood interior doors. Enjoy the completely renovated in ground heated pool, new eat-in kitchen with stainless steel appliances, renovated powder room, family room and sun/recreation room. The second level hosts a master suite with two cedar walk-in closets and a marble bath, three large family bedrooms, marble hall bath with Kohler and Grohe fixtures and a laundry room, with an additional laundry room in the basement. The whole house is freshly painted outside. All new cedar shakes were installed in back/sides of the home. There is also a finished above ground basement playroom, office and storage.
Sale Price: $1,296,000
Taxes: $25,855
25 Roxbury Road
This Old Edgemont side hall Colonial is on one-third of an acre. The original portion of the home features a living room, dining room and sun room with bay windows and built-ins. High hats highlight the newly refurbished hardwood flooring. The old kitchen now serves as a pantry and laundry room. The expansion contains the newer kitchen and family room with vaulted ceiling and powder room. The family room has a converted barn look and leads to a three season sitting area/greenhouse. The second floor features four bedrooms and two full baths.
Sale Price: $785,000
Taxes: $27,198
25 Cayuga Road, Scarsdale
This Classic Stone and shingle Colonial located on a Cul-de-Sac in Heathcote is sited on 1.3 acres with a circular driveway. Peace and Tranquility best describe the setting from which this home provides distant views of Fenway Golf Club and Cayuga Pond. Exceptionally spacious rooms and a thoughtful floor plan offer comfort and convenience within 4081 square feet of interior living space. Large level fenced in property. Close to schools and shops. For more information, click here.
List Price: $1,795,000
47 Montrose Road, Scarsdale
Charming sunny Tudor located in sought after Greenacres, just steps from the elementary school. The gracious side hall entry way provides an immediate view of the first floor and private yard. Hardwood floors throughout, this lovely home features a spacious living room with an impressive wood burning fireplace. French doors and windows galore. The 32 foot long living room leads to both the dining room and a comfortable sun room. The eat-in kitchen has been updated with new granite countertops. The pantry leads to the powder room and doorway to a large patio and private yard. Upstairs, there are three bedrooms and full hall bath. The master bedroom features a large walk-in closet. There is an additional bedroom and full bath on third floor. The basement leads to a freshly painted two-car garage. New gas furnace and water heater make for worry free heating and preferred cooking. A must see. For more information, click here.
List Price: $1,189,000
Open Houses:
17 Barclay Road, Scarsdale PO, Edgemont
Public Open House: Sunday, October 11, 2015 1:00pm – 3:00pm
Perfect Old Edgemont location affords walking distance to elementary, high school, Scarsdale train station and village amenities. The front entry foyer leads to a charming living room with wood burning fireplace, sunroom, formal dining room, and an eat- in kitchen with separate pantry. The kitchen is an easy access to a screened porch perfect for your morning coffee or a relaxing dinner. The second floor features three bedrooms and bath. Third floor bedroom, bath and storage. Versatile lower level space. For more information, click here.
List Price: $850,000
Hearing on Gravel Amendment Draws Crowd
- Details
- Category: Real Estate
The Scarsdale Law and Land Use Committee held an additional public hearing on a proposed law to treat gravel as impervious for purposes of lot coverage at 8 am meeting on Wednesday September 29. Despite the early hour, the meeting was well attended.
Before opening the floor to public comments, the Board reviewed some new materials that were produced by consultants Frederick P. Clark Associates in response to question raised at the September 21 hearing.
The document states the intent of the legislation which is to "protect the ratio of built areas to green open space on lot which is part of neighborhood character... and to balance the rights of the individual property owners with the right of the community to enjoy the traditional character of the neighborhood." As to why the definition of gravel is being used, the document says, "The NYSDEC and local municipal engineering departments throughout Westchester County , including Scarsdale, all include gravel as an impervious surface. Since the current definition (as pervious) provides a way to increase lot coverage when gravel paving is proposed, amending the definition will affect the maximum allowable lot coverage."
The consultants prepared a chart showing maximum allowable lot coverage by lot size in Scarsdale and neighboring communities so that Scarsdale's code could be compared to neighboring towns. Another chart outlined lot coverage standards by town, offering an interesting look at how lot coverage is regulated. For instance, in Scarsdale lot coverage is specified in square footage, depending on lot size, while in Bronxville a minimum of 50% of the lot area must be "vegetated open space." This differs from the approach in Scarsdale where the percentage of allowable lot coverage is reduced as the property size gets larger.
A third document was a Q & A form than answered many of the questions raised at previous meetings.
There was also a discussion of whether or not other municipalities consider gravel as impervious in both their stormwater and lot coverage regulations. The consultant said that most communities consider it an impervious substance for both purposes.
Village Planner Elizabeth Marrinan explained that currently 10-11% of Scarsdale homes have gravel driveways, but that 25% of applications for new homes utilize gravel to meet lot coverage requirements. She also said, "This is not as drastic a change as people think, because 89 – 90% of homes are conforming."
Trustee Carl Finger asked Marrinan to run through some estimated numbers to show how the law could affect lot coverage on homes on an acre. She explained that 13,000 square feet of coverage is permitted on a one-acre property and the maximum building imprint is 4,630 square feet. That leaves approximately 9,000 square feet for a driveway, pool, patios, walking paths or a tennis court. Even if the driveway is 150 feet long, it would take up 1,500 square feet or perhaps 3,000 square feet for a circular drive.
In an exchange that grew heated, builder Steve Rakoff said, "I am surprised my study was not posted on the village website or presented here. We need to hear each other! My point is that I counted the gravel driveways. And the calculation is dramatically different in Murray Hill." When Trustee Finger sought to interject, Rakoff objected and Finger said, "Don't chastise me." Rakoff continued, "There is a cancer here. Some people get very disrespectful."
John Brandt said, "My mother owns a 1.5 acre property. She has a pool and a tennis court and a circular driveway and a 6,000 square foot house. If she is grandfathered now what happens when the person from Goldman Sachs wants to tear down the house and build a 10,000 square foot house?"
Village Attorney Wayne Essanason replied, "If you have a C of O for the existing property and your amenities are conforming you are grandfathered."
Lena Crandall said, "There needs to be a community focused discussion on this issue." She urged everyone to get acquainted with sustainable LEED-certified design and smart development. She said, "I am all for making money. But our comprehensive plan needs an overhaul. What is the reason for having open space? Why does Bronxville require 50% open space and why does the Conservation Advisory Council recommend 50% tree canopy coverage."
Landscape Designer Elaine Yellen said, " I am here to represent people who live on properties of 1/3 acre. We will suffer the most. Gravel is not always built on an impervious surface. I have 60 projects that I built that will now be non-conforming. What should I do with places in the yard where you can't get grass to grow? Cover that area with river stones that improve drainage and look lovely. If you live on a decent size property and want a patio and a walkway, it will be tight."
Elana Ezratty said, "Rakoff only surveyed his neighborhood. There are acre lots in Greenacres, Fox Meadow and Quaker Ridge that are not in this study. I understood that the intent of the law was to prevent 6,000-7,000 square foot houses from going up on 1/3 to 1/2 acre lots. But this attacks larger properties."
Local realtor Lynne Clark said, "You the Trustees, our elected representatives through the non-partisan system, have an important decision to make, one that affects the future development of our entire Village on most properties. My main concern, if you pass this new law, is for those who live on smaller lots, not only the larger ones. By taking away lot coverage options through making gravel impervious, the law before you stifles the ability to create what todays families are looking for. The zoning appeal process will be extensive, complicated, long and expensive. After listening to all the comments this morning and last week, it is my recommendation that it is in best interest of our Village to drop the moratorium now and let us all get on with our lives."
Dan Hochvert, who chairs the Planning Board explained the Planning Board's findings on the proposed amendment. He said, "The management of stormwater is addressed under Chapter 254 of the Village Code and although all Planning Board members agreed, we split 3/2 regarding the retention of the term "impervious" in Chapter 310 (lot coverage). The Planning Board unanimously supported the changes in 310 that the consultant developed. Under the FAR section of 310, properties over 1.75 acres were exempt from the FAR, but although there was some discussion regarding possibly increasing the amount of coverage permitted for large properties that approach would permit not only more coverage from gravel but other types of coverage to increase."
The Board of Trustees will continue to consider the amendment at their meeting on Tuesday October 13 at 8 pm at Village Hall.
Sales:
11 Pinecrest Road
New Heathcote home under construction on level property in Sherbrooke Park. Two-story entry hall with 9.5 foot ceilings, living room with fireplace, formal dining room, kitchen with adjoining family room with fireplace, and a powder room completes the first floor. The second floor has 9.5 foot ceilings, a master bedroom suite with a master bath, two walk-in-closets, three additional bedrooms with two baths, and a laundry room. There is also a slate roof, and a brick and stucco exterior. The lower level has nine foot ceilings, a family room, bedroom with bath, recreation room and an exercise room. The builder will customize.
Sale Price: $2,895,000
Taxes: TBD
45 Hamilton Road
This four bedroom, 2.2 bath colonial has a new custom designed, eat-in kitchen with center island, granite counter tops, and Viking Professional Series and Miele appliances. Adjacent to the kitchen, there is a family room, breakfast room and a formal dining room. French doors across the back of the home provide for expansive views and multiple access points to a private level back yard and new patio.
Sale Price: $1,385,000
Taxes: $25,428
210 Madison Road
This classic Edgewood home has a center hall, a living room with a distinctive fireplace, a formal dining room with access to a screened-in porch, a kitchen/family room combination with views of the yard, and access to a mud room and a flat, level, landscaped .26 acre. The second floor features a master bedroom suite with a dressing room and bath, as well as three additional bedrooms and a hall bath, while a separate wing offers a fifth bedroom and third full bath. There is also a full attic and basement.
Sale Price: $1,180,000
Taxes: $25,510
93 Carthage Road, Scarsdale
A stunning young Colonial fully appointed with top-of-the-line finishes and every amenity. Grand entry hall provides wonderful flow with perfect access to all first floor rooms. Second floor features a generous landing and four bedrooms, including a master suite with tray ceiling, two walk-in closets, dressing area, office area and fabulous bath. Second floor has been plumbed for a third bath. The lower level recreation room/bath, comprised of over 1,100 additional square feet, offers the perfect complement to the first floor. Beautifully maintained and improved, this 5-zone heat, 3-zone air home is ideally situated near the school, shops, transportation, as well as the town pool and fields. For more information, click here.
List Price: $2,050,000
7 Meadow Road, Scarsdale
Beautiful level property surrounds this 4 bedroom 2.2 bath split level home on a lush .48 acre. Your imagination and tender love care, will create a lovely living space as is, or, use the property's potential to expand and create your own dream house in Scarsdale. There is a generator for the house. Property being sold "as is". Walk to elementary school. Bus to Junior high and high school. For more information, click here.
List Price: $1,150,000
Open Houses:
53 Lincoln Road, Scarsdale
Public Open House: Sunday, October 4, 2015 1:00pm – 3:00pm
Stunning new custom seven-bedroom, six-and-a-half bath home in prestigious Heathcote is move-in ready for you. This breathtaking stone and cedar Colonial, with distinctive wrap-around porch and sweeping circular drive, nests on a lush .66 acre with room for pool. Elegantly paneled center hall foyer ushers guests into a 7,974 square foot living space, including formal living room with marble fireplace, dining room with coffered ceilings and Butler's pantry, 9 foot ceilings and custom millwork throughout. Gracious open layout showcases a gourmet chef's kitchen with Carrara marble countertops, oversized island and bay breakfast area, adjoined by a Great room with double doors to a sprawling mahogany deck. A sunlit library and a guest bedroom wing off a back hall with mudroom, pantry and heated 3-car garage complete the first floor. Second floor features a master bedroom with tray ceiling, custom-built his and hers walk-in closets, marble bath with radiant heat floor; 4 additional bedrooms with 3 en-suite baths and an extra bonus room that abuts a back staircase. Beautiful 2100 square foot finished lower level with bedroom/bath, and customizable rec room/home theater with optional wet bar, gym, wine cellar. Pre-wired for state-of-the-art smart house, back-up home generator included. Walk to school and close to places of worship. For more information, click here.
List Price: $3,999,000
Committee to Consider Demolition of Seven Homes in Scarsdale
- Details
- Written by: Joanne Wallenstein
- Category: Real Estate
The Committee for Historic Preservation will meet on Tuesday September 29 at 8 PM at Scarsdale Village Hall to consider the fate of seven Scarsdale homes. Owners have filed demolition applications for the following seven houses:
- 27 Murray Hill Road built in 1924
- 23 Shawnee Road built in 1926
- 32 Fenimore Road built in 1923
- 153 Nelson Rd built in 1936
- 41 Olmsted Road built in 1931
- 60 Carthage Road built in 1929
- 146 Fox Meadow Rd built in 1952
If you are a neighbor or have any knowledge of the historic importance of these homes, attend the meeting and share what you know.
Sales:
6 Barry Road
This Center Hall Colonial has a living room with fireplace, family room with many windows, formal dining room, eat-in kitchen, powder room, laundry on the first floor, and screened porch. On the second floor, there is the master bedroom, three additional rooms and a full bath. On the third level, there is a bedroom, full bath and storage. On the lower level, there is a full basement, utilities and abundant storage space. The house is centrally air conditioned and there are hardwood floors throughout. Recent updates include the roof, exterior freshly painted, new furnace and hot water heater (2014).
Sale Price: $983,000
Taxes: $17,911
Edgemont:
566 Fort Hill Road
This Tudor Manor house is situated on a private .58 acres in Edgemont. Architectural details throughout, including beamed ceilings in public rooms, three fireplaces, kitchen and pantry. French doors open to a 40' patio. The sunroom, library and large den/family room round out the first floor. The second floor boasts four bedrooms with special en-suite features. Two additional (guest) bedrooms and bath are on the third floor. Refinished and refurbished hardwood floors throughout. There is a back staircase and eight walk-in closets for storage.
Sale Price: $1,220,000
Taxes: $28,216
4 Laura Lane
Located on a cul-de-sac, this four bedroom, open flow ranch home has been recently renovated. Features include a state of the art, eat-in kitchen with a Sub-Zero full-size refrigerator and full-size freezer, double Thermador oven, Dacor gas stove, new Snaidero cabinets and granite countertops. Enjoy loft-style living/dining room with cathedral ceiling and first floor master suite with bath. Fully finished lower level includes a family room with fireplace, wet bar and sliding glass doors to the patio and yard, plus storage/office, laundry room, full bath and spacious bedroom, providing in-law or work-at-home set-up with possibility for separate entrance. The exterior features wrap-around side/back deck, front and rear stone patios, irrigation system, gas grill connection and heated driveway and walkways.
Sale Price: $1,190,000
Taxes: $36,360
81 Longview Drive
This three bedroom Cape Cod is situated on a flat .31 acre corner lot in the heart of Edgemont. Features include a paneled great room for living and dining with a wood burning fireplace, sun room, first floor bedroom (currently used as a den), two full baths, updated kitchen with granite counters and stainless steel appliances, a six month old heating system, and a deck. There is central air (Mitsubishi units) for the upstairs bedrooms. The basement has a laundry area with a door to the outside, plus two rooms and a third full bath. The seller has just finished renovating the garage.
Sale Price: $690,000
Taxes: $45,470
27 Old Lyme Road, Scarsdale
Sparkling Center Hall Colonial set on a lush .66 acre of level property with potential room for a pool. This home boasts a gracious entry hall leading to a large living room with decorative fireplace and wet bar, family room with wood burning fireplace and doors to slate patio, updated eat-in kitchen with granite counters, stainless steel appliances and views to private patio and park-like back yard, formal dining room, powder room, guest bedroom, updated bath and large paneled office/playroom or perfect in-law suite with separate entrance complete the first level. The second level has a master bedroom with updated bath, three additional bedrooms and updated hall bath. New furnace and A/C condensers. Finished playroom in basement (290 sf. included in total sf.) Walk to elementary school and close to worship. A great home for entertaining. For more information, click here.
List Price: $1,395,000
3 High Point Terrace, Scarsdale PO, Edgemont
Sun-filled, enticing midcentury modern home with gorgeous updates on a truly magnificent.79 acres with a breathtaking pool and beautifully rendered gardens and trees. Easy living with a large French kitchen/family room and another family room on the lower level. Master with a balcony sports a terrific dressing area and bath. Spectacular views from most rooms. Winter views of the Empire State Building, The GW Bridge and the Palisades. Additional building lot of .69 acres available at $985,000 see listing at 3 High Point Road. Stakes show approximate property line. Taxes do not reflect star exemption of 1,903.00. For more information, click here.
List Price: $1,549,000
Board to Consider Appeals to Gravel Surface Moratorium and Historic Preservation
- Details
- Category: Real Estate
The Board of Trustees will hold two meetings regarding lot coverage and teardowns in the next week.
On Thursday night 9-17 at 6:30 pm in the third floor meeting room of Village Hall, the Board's Law and Land Use Committees will consider a recommendation from the Planning Board regarding the gravel surface moratorium. The recommendation was made in response to an appeal from the owners of 45 Cushman Road to install a circular gravel driveway. Under the moratorium, the gravel surface would be considered as an impermeable surface and would cause the entire project to exceed the maximum lot coverage requirements. The Planning Board made a recommendation regarding the impact of the appeal on the proposed new law and the impact on the Comprehensive Plan. Learn more here:
On Thursday night September 24, the Board of Trustees will consider two appeals to tear down homes that were designated as historically significant by the Committee for Historic Preservation (CHP.) At their July meeting the CHP denied demolition permits to the owners of a Collett-built Tudor home at 11 Carstensan Road and to local builder Matt Miller who applied to demolish an arts and crafts style home at 1023 Post Road. Both have filed appeals and their cases will be considered on September 24 at 6:30 in Rutherford Hall on the second floor of Village Hall.
Sales:
2 Herkimer Road
A 9,300 square foot house on .68 acres overlooking Quaker Ridge Golf Course has sold for $5,000,000. The newly-built home has 17 rooms, 3-stories, 9-bedrooms, a 3-car garage, 7-full baths and 2 1/2 half baths. Special features include heated bathroom floors, tray and coffered ceilings and oak floors throughout. A special use permit to construct a swimming pool was approved by the Scarsdale Board of Appeals at their meeting on June 10, 2015.
Sale Price: $5,000,000
Real Estate Taxes: TBD
11 Horseguard Lane
This 1939 center hall colonial on a level third of an acre in Fox Meadow has perennial gardens and architectural details throughout. There are large windows and a unique skylight, hardwood floors, four bedrooms and 4/1 baths. Features include four fireplaces, nine foot ceilings in living room and family room, step-down living room with a marble fireplace, and random width oak floors. The family room has built-ins and floor to ceiling windows overlooking the private gardens. There is a paneled library with built-ins and a fireplace, a formal dining room with custom corner china cabinets, a kitchen with a center island and high-end appliances and breakfast room, and radiant heated floors. The master bedroom suite has a fireplace, dressing room and bath. There is a lower level with game room, playroom, and billiard/possible exercise room.
Sale Price: $2,150,000
Taxes: $42,966
42 Sage Terrace
This Center Hall Colonial is in the Green Acres section of Scarsdale. The first floor offers a chef's kitchen that opens to a family room, butler's pantry and large dining room. The first floor also features a library, office, living room with a fireplace and a mudroom. Upstairs, the new master bedroom suite has a walk-in-closet and a master bath and a bonus room perfect for a gym, office, or nursery. There are four additional bedrooms and two updated baths. There is also a patio and flat backyard. Finishes include high ceilings, fine hardwood floors, custom cabinetry and millwork, top of the line appliances, recessed lighting, and French Doors.
Sale Price: $1,998,000
Taxes: $55,724
30 Lockwood Road
This Center Hall colonial is situated on .22 acres of flat property, with six bedrooms, three-and-a-half baths, a living room with fireplace, den with built-ins, formal dining room and eat-in kitchen. Improvements in the last three years include new central air conditioning (4-zone), appliances and master bath. There is a backyard with a patio.
Sale Price: $1,654,374
Taxes: $28,255
65 Saxon Woods Road
This home has high ceilings, an open contemporary feeling and a double story foyer with a 21 foot ceiling. There are double pane skylights, which were installed in 2014, double pane sliding glass doors installed in 2009, and just finished hardwood floors. The home has been freshly painted and is energy efficient with triple pane windows and a 2014 30-year Timberline Roof. There is also a Trane air conditioning condenser installed in 2009. The 2009 kitchen has a new double oven range (June 2015) and refrigerator (2014), both by Samsung. The laundry is in a closet in the breakfast room, with a 2014 Samsung clothes washer. The kitchen also has a butler's pantry and counter space to use five high stools for casual eating. The Village has named the back room on the first floor as a fifth bedroom, which can also be used as an office or den.
Sale Price: $1,139,888
Taxes: $20,090
35 Weaver Street
This center hall Colonial has hardwood floors throughout, a living room with a fire place with doors to the den/office, French doors to the dining room, an eat-in kitchen with a door to the fenced-in level yard, and a full bath to complete the main floor. Upstairs, the master bedroom has a bonus room, possible for en-suite bath or walk-in closet. There are two family bedrooms and a hall bath. There is also an above ground walkout basement with a family/play room and a full bath. The house has a one car garage.
Sale Price: $565,000
Taxes: $15,419
Edgemont:
270 Clayton Road
This home is an updated classic in the Fort Hill Estates area of Edgemont. Details include a year round sun room, living room with a gas fireplace, dining room with corner shell cabinets, library with a gas fireplace, redone kitchen and breakfast room, and a large room with full bath currently used as an office but can serve as a family room (off the kitchen) or a first floor bedroom. Three beautiful bedrooms and two updated bathrooms grace the second floor. There is also a two car garage, circular gravel driveway, English gardens with privacy and a fish pond, plus central air and a generator.
Sale Price: $1,575,000
Taxes: $45,470
Featured Listings:
8 Sundale Place, Edgemont:
Spectacular, sun drenched Hamptons style colonial sits at the end of a cul de sac in a prime location in Edgemont. Nestled among mature trees and lush grounds, this beautiful property offers rare privacy and resort style living, featuring a 3 car garage, a stunning custom designed pool, grand stone terrace and plenty of green grass. Spacious and generous sized rooms create a seamless flow for entertaining. Custom built in 1994 by a local builder renowned for high-end construction and sophisticated craftsmanship, the layout is thoughtfully planned for modern living---featuring all the necessities for today's savvy buyers. Many additional features include a double height entry hall, 9/10 foot ceilings, LR with vaulted ceiling, oversized dining room, large eat-in-kitchen w/ french doors leading to pool area and family room with fireplace. Magnificent private master bedroom suite with tray ceilings, 5 additional bedrooms (2 ensuite) Magnificent inside and out. Learn more here or contact Caryn Balamaci here or by phone at 917-553-4889.
List Price: $3,150,000
Level, private, truly spectacular 1.32 acres in superior, sought-after Murray Hill location. This gracious Center Hall Colonial sits on one of the prettiest streets in Scarsdale and features hardwood floors, fireplaces in both the living room and dining room, and a lovely paneled study. Well loved by the current family and waiting for the next family to make 14 Reimer their own. Idyllic setting and endless possibilities. A great opportunity. For more information, click here.
List Price: $3,350,000
19 Leatherstocking Lane, Scarsdale
Come visit this spacious, sunlit six bedroom home on a breathtaking, level and private half-acre, ideally located on a tranquil Heathcote street, a short walk to middle school. The pretty foyer leads to a custom-renovated kitchen with premium appliances and Kashmir Gold granite countertops, living room with fireplace and French doors to the deck, lovely dining room, powder room and a large family room with door to the deck. The second floor features three bedrooms with one en-suite bath and one hall bath and up a few more steps, a master suite with a large bedroom with French doors to deck, separate sitting area, dressing area, two walk-in closets and a luxurious master bath with Jacuzzi tub and shower. The lower level boasts two additional bedrooms, a hall bath and a fantastic recreation room with a fireplace and French doors to patio and lush yard, plus a laundry area, storage and two car garage. Sq. Ft includes legal, above ground, lower level. Don't miss this Heathcote gem. For more information, click here.
List Price: $2,299,000
September Real Estate Market Report
- Details
- Category: Real Estate
Here is the September real estate update from local realtors Laura Miller and Elise Flagg:
After an extended period of calm, we saw some volatility in the US markets in August due to China's devaluation of the yuan. While interest rates fluctuated, they ultimately remained at stable levels, and we should all remember the long-term nature of real estate investments. There is a lot of speculation as to whether the Fed will raise rates in September but jumbo rates have remained at current levels of just below 4%.
We feel that the market volatility is unlikely to affect short-term prices in Scarsdale and Edgemont. Buyers are still looking to move to the suburbs, escape private school tuition burdens, enjoy a quick commute to work and benefit from our fantastic public schools.
The Scarsdale market is a little slow this year over last year at this time. We have over 31% more houses on the market than last year at this time and 174 houses sold year-to-date versus 189 last year. Up to $1MM, we had a 3% increase in houses sold but $1-1.5MM decreased nearly 12% and $1.5-2MM decreased over 21%. The $2-2.5MM market increased in houses sold over 17% this year while $3-5MM decreased over 26%.
The Edgemont market has the same number of active listings as this time last year. However, there was a nearly 13% increase in the number of houses sold year-to-date this year versus the same period last year.
The Edgemont market is hot! The big change in number of sales was in the $700-1,000,000 range where we saw a 32% increase this year over last year.
The median prices in Scarsdale and Edgemont are slightly down as well. After Labor Day, showings historically increase as the hunt for homes begins again.
Sales:
11 Aspen Road
Mid-century modern home totally renovated in 2009. Ultra chic new kitchen with top of the line stainless steel European appliances (including a built- in Miele grinder/coffee maker) and stone counters; completely new baths; numerous built-ins and custom closets; all new roof and Hardiplank siding; new 5-zone HVAC and giant hot water heater; all new custom Marvin windows; new deck, fenced yard; completely new landscaping with up-lighting and in-ground sprinkler system.
Sale Price: $2,000,000
Taxes: $35,636
50 Corell Road
Totally renovated four bedroom ranch with level back yard near Corell Park has been updated with open spaces and many updates which include but are not limited to: four year old HVAC system, new garage door, many new windows, new sprinkler system, new alarm, gas fireplace, new interior doors and hardware, new washer dryer and all new kitchen with Viking range, refrigerator, microwave, Bosch dishwasher and Caesarstone countertops. The lower level has many built-ins for storage, a home office and a full bathroom.
Sale Price: $1,548,505
Taxes: $23,200
137 Madison Road
This updated Colonial has a newly paved driveway with Belgian block, a flagstone walkway lined with plantings, a professionally landscaped level yard and a marble-faced fireplace. Renovated top-to-bottom in 2006, with new kitchen, granite counter tops, Jenn-Air and Bosch appliances, lower level family room/office with built-ins and custom shoji screens, Hardiplank siding on house and garage and roof, updated electrical, recessed lighting, Anderson thermal windows and screens, AC compressor, hot water tank and furnace, professional landscaping and in-ground sprinkler, hardwood floors throughout, marble bathrooms and entry, and central AC. A full attic adds extra storage space. The lower level is 675 sq ft of finished space.
Sale Price: $840,000
Taxes: $15,266
26 Ridgecrest East
This four bedroom, three bath home has refinished hardwood floors, a renovated kitchen, arched doorways, a living room with cathedral ceiling and a stone fireplace and an outdoor garden. The lower level has a potential guest suite with private entry and a potter's studio.
Sale Price: $825,000
Taxes: $16,320
2 Wynmor Road
This updated Tudor is on .28 acre property in Heathcote. Features include double fireplaces, living room, family room and gourmet kitchen with granite center island and breakfast dining area, gas heat, and a two-car attached garage. There are three bedrooms, two bathrooms and a walk-up third floor space.
Sale Price: $800,000
Taxes: $21,520
46 Hamilton Road
Colonial home in Edgewood with details including updated bathrooms, freshly painted interior and refurbished deck, detached one car garage, landscaped level property, living room with built-ins, formal dining room with door out to deck, and full walk out basement.
Sale Price: $775,000
Taxes: $16,954
Edgemont:
16 Wyndham Road
This center hall colonial home is on a third of an acre with mature plantings and old growth trees. This home has been updated with a modern kitchen and dining area, Wolf chef stove and center island. Living space includes a glass enclosed sun room, built in book shelves and fireplace. Five bedrooms including a master suite with dressing area and three full bathrooms complete the rest of the living space. An electric car charging station is located next to the two car attached garage.
Sale Price: $1,285,000
Taxes: $30,140
14 Clarendon Place
This renovated Edgemont home located in a cul-de-sac has four bedrooms, three baths, plus an open floor plan, formal living room/vaulted ceilings and dining room with access to an outdoor deck/pergola. The state-of-the-art kitchen has cherry Kraft Maid cabinetry, a center island, Viking stove and hood, Subzero refrigerator and Bosch dishwasher plus granite counter-tops. The master bedroom en-suite boasts double California-style closets, Kohler air-jet tub, Grohe fixtures, Porcelanosa tiles and a laundry chute. The two additional bedrooms/closet organizers and modern hall bath with skylight complete this floor. The first floor has an entry level foyer with French doors to the family room, radiant heat and sliders to the patio, a full bath, a bedroom with built-ins and a custom Murphy bed, and a laundry room with Electrolux washer/dryer. Steps down, there is a two car garage, and a utility and storage area.
Sale Price: $940,000
Taxes: $25,235
Featured Listings:
44 Greenacres Avenue, Scarsdale
This much admired Greenacres brick Center Hall Colonial has it all. Exquisite architectural details throughout, beautiful leaded windows, three fireplaces, grand center hall opens to all first floor rooms, living room, dining room, family room, powder room as well as entrances to private patio, slate roof, large 2-car garage and updated cook's kitchen with granite counters, center island, professional stove and three sinks. An elegant master suite with new master bath with soak tub and shower, 2 sinks and outfitted walk-in closet, three bedrooms, one en-suite, two new baths, two walk-in closets and bonus office complete the second floor. Fabulous lower level playroom, guest quarters with separate entrance, beautiful updated bath, laundry room and office. Private backyard, perfect to entertain and throw a ball. Ideal central location, easy walk to school, playgrounds, train, restaurants and shopping. For more information, click here.
List Price: $2,295,000
295 Glendale Road, Scarsdale PO, Edgemont
Beautifully maintained exceptional Edgemont property offers inviting open floor plan with a very private designer first floor master suite with access to yard, offers LUX marble bath with double vanities, Jacuzzi, stall shower and radiant heated floors, two walk-in closets, convenient laundry room and adjoining Study/guest with private bath and built-in wet bar. Sunbathed and spacious living room, dining room, eat-in kitchen and family room set-up perfectly for festive gatherings and integrates seamlessly to the .46 acre park-like property. Fantastic lower level recreational space with over 1100 square feet offers finished playroom, complete gym, temperature controlled wine room, bedroom/full bath, second Laundry and storage. With three bedrooms, two full baths and playroom upstairs this six bedroom home is perfect as it is and offers opportunity for easily re-working the flexible living space if desired. Great opportunity in this sought-after Edgemont community. Close to schools, transportation and parks. For more information, click here.
List Price: $1,799,999