Inventory Remains Scarce in Scarsdale

The real estate market continues to suffer from a lack of inventory of homes to sell. For Scarsdale, according to a quarterly report from Julia B. Fee, during the first quarter of 2023 only 38 homes are on the market in Scarsdale, a decrease of 28% from last year at this time. And during the first quarter a total of 32 homes sold, vs. 34 in the first quarter of 2022. Year over year, the median sale price rose 8% from $1,829mm to $1,997mm.

In Edgemont, there are now 17 homes on the market a drop of 19% from last year. During the first quarter of the year 12 homes sold, vs. 16 in 2022, a drop of 25%. However, year over year, the median price rose 13% from $1,195,000 to $1,354,000.

Sales
12 Mohican Trail
Situated on a 1.14 acre dead end street lot in Scarsdale NY, this 6,000 sqft estate-like home offers an array of modern amenities while still retaining it's charm and character for today’s demanding luxury buyer. The main entrance greets your visitors with a two-story entry foyer with its staircase, architectural details, and lighting. The first floor layout boasts living spaces for your family and guests to enjoy all year round. The kitchen with a center island allows for great gatherings for those special occasions while the backyard showcases a yard and a pool surrounded by plantings and evening lighting. The master bedroom offers a master suite with a dressing room w/ built-ins, and his and her master bathrooms. There are 3 additional sun-drenched bedrooms upstairs that offer closet space. The finished basement features a rec area, exercise area, changing room & pool bathroom. 
Sale Price: $2,950,000
Real Estate Taxes: $74,000
Assessed Value: $3,000,000

38 Saxon Woods Road
Don’t miss this Quaker Ridge red brick Colonial home built in 1999 and set on .68 acres of property. This home offers a combination of privacy and convenience with a tree-lined front yard and backyard, with room for a pool, that borders the Saxon Woods Park and Golf Course. A layout for everyday living and entertaining, this home features an entry foyer with circular staircase, living room, sunlit formal dining room, butler’s pantry with wet bar and kitchen with island, premium appliances and two sinks. The kitchen opens to the sun room with built-ins, wet bar, two walls of windows and heated floors. The sun room opens to the family room with a gas burning fireplace and views of the backyard with gazebo. An office, powder room, 3-car attached garage, adjacent mudroom with washer/dryer and back stairs to the second level complete the first level of this stately home. The second level includes a primary bedroom suite with a bath/Jacuzzi tub, separate shower and double vanity, and two closets. Four other bedrooms complete the second floor, two that share a Jack-and-Jill bathroom, one with an ensuite bath and another with an adjacent playroom or study and en-suite bath. The lower level contains a recreation room, wine room, full bath and two other versatile rooms i.e. gym, office, storage or a space of your choice. There is a space on the third floor. BBQ on the back patio. A fabulous opportunity!
Sale Price: $2,900,000
Real Estate Taxes: $77,568
Assessed Value: $3,075,000

33 Black Birch Lane
Quaker Ridge Colonial with low maintenance and modern amenities. Features include kitchen with SubZero refrigerator and appliances, natural gas for cooking and heat, family room off kitchen, newer roof, new hot water heater, closets, walk-out basement, attached garage, hardwood floors, a bi-level deck and backyard with sweeping views of the .33 acre property. Come enjoy all Scarsdale has to offer in the Quaker Ridge neighborhood!
Sale Price: $1,331,000
Real Estate Taxes: $25,034
Assessed Value: $975,000

63 Brown Road
Prime location in Scarsdale! Welcome to 63 Brown Road, a Colonial in Fox Meadow. This lovely home includes a living room with fireplace, hardwood floors, kitchen with breakfast nook and an adjoining dining room. Incredible potential to add your own style and touches and make this home your own.
Sale Price: $1,175,000
Real Estate Taxes: $19,802
Assessed Value: $775,000

Featured Listings





5 Sundale Place, Scarsdale PO/Edgemont
7 Bedrooms, 5.1 Bathrooms, 6,657 Square Feet
Spacious young Center Hall Colonial in the award winning Edgemont school district! Impressive reception hall open to the second floor with its wrap around staircase and Palladium window, guest powder room, living room, formal dining room, butler's pantry with wine cooler, chef's modern eat-in kitchen with center island and stainless steel appliances, SGD to level back property, family room/fireplace, door to patio, mudroom with backstairs to second floor, and attached 3 car garage! Upper level offers a very large primary bedroom suite with tray ceiling, 2 WIC, spa bath with Jacuzzi, stall shower and double sinks, one bedroom/full bath, 2 bedrooms/hall bath plus 2/1 off backstairs as well as convenient 2nd floor laundry room. Lower level features a huge recreation room with high ceilings, bedroom/bath, home office, gym fitness area plus ample storage space. Expansive back property has room for a pool. Welcome home to beautiful 5 Sundale Place!
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Sale price: $2,450,000

12 Hearthstone Circle, Scarsdale PO/Edgemont
4 Bedrooms, 4.1 Bathrooms, 4,666 Square Feet
Welcome to this stunning and impressive Contemporary Edgemont home, located on a private cul-de-sac near gorgeous Sunningdale Country Club, which offers a view of nature and privacy throughout like no other. Four-bedroom, four-and-a-half bath home with a sunny open floor plan, beautifully sited on a picturesque, private .73 acre in Edgemont. A large sweeping entrance shows off the entire living and dining area when you first walk in - wide open and perfect for large gatherings and parties. Entertain all your friends on the expansive deck in the summertime, adjacent to the fabulous gourmet eat-in kitchen with all updated new appliances: new refrigerator, new cooktop, new range hood, new dishwasher. Large center island and abundant storage cabinets. A kitchen skylight plus grand openings facing to the backyard will make your morning coffee pleasant. First floor master bedroom with large walk in closet and master bathroom. Second floor has full bathroom and two full-sized bedrooms, one playroom with tatami/flex space. Lower level has a gym and media center entertainment room, full bathroom with au-pair/guest room. First floor measures about 2,680 square feet; second floor 985 square feet; lower level 1,573 square feet. Don't miss your opportunity in this one-of-a-kind home.
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Sale price: $1,750,000