A Big Sale

Lately I have been wondering who was going to buy all the Scarsdale mega-mansions on the market. With many struggling to meet their monthly mortgage and tax payments on “modest” homes, are there still people out there with the means to purchase multi-million homes and pay annual real estate taxes in the six figures?

Apparently there are a few people left. This week, one of Scarsdale’s most beautiful homes at 29 Cooper Road was sold for $6,100,000 – just $825,000 off the asking price of $6,925,000. Estimated annual taxes are $136,424. The home sits on almost two acres on Cooper Road and is surrounded by a wraparound porch. The property includes a swimming pool complete with it’s own pool house. Originally built in 1910, the house was completely renovated in 2003 and now has six bedrooms and eight bathrooms. Even the three-car garage has radiant heat. Check out the photo of the wood-paneled library below – whoops that’s not the library, it’s the master bath!

Also Sold This Week:

42 Lincoln Road: 2003 custom built colonial with fine architectural details throughout, including Pella windows, Christian's kitchen, exquisite stone and tile bathrooms, and custom closets. Screened porch off of the kitchen overlooking .69 acre property. List Price: $2,475,000, Sale Price: $1,900,000

150 White Road: Young Colonial on quiet Edgewood street. Sunny kitchen and family room with fireplace. Convenient mudroom and laundry. Master with custom built-ins and large bath with separate shower and Jacuzzi. Three additional bedrooms on the second floor. Large, finished lower level has powder room and plenty of storage. List Price: $975,000, Sale Price: $860,000