Big Home Sales and More Houses to be Razed

1 Hickory LaneAre the prices of historic homes on the decline? Check out this sale. 1 Hickory Lane, a historic 8,643 square foot Tudor home on 1.6 acres with a stunning pool sold for only $2.3 mm this week. The house is across the street from the Scarsdale Library and was designed by noted architect Lewis Bowman. Built on the eve of the depression in 1929 many of the original features of the home remain intact.Pool at 1 Hickory Lane

Why did it sit on the market? The catch might be it’s assessed value and taxes. The home is assessed at $6,275,000 almost $4 million more than the sale price, with real estate taxes of $188,391.

In May 2017, the home across the street, 2 Hickory Lane, which is a 6,108 square foot Colonial on 1.1 acres sold for over a million dollars more, at $3,475,000.

Also in the news this week, are four more homes under consideration for approval for Basement with barrel ceiling at 1 Hickory Lanedemolition by the Committee for Historic Preservation on Tuesday May 29 at 8 pm. Pending their approval, these four homes will be taken down:

23 Butler Road built in 1962
48 Graham Road built in 1940
8 Overlook Road built in 1950
11 Windmill Lane built in 1925

Sales

8 Stonehouse Road: This Colonial has almost 7000 square feet of living space. The first floor is perfectly laid out with a huge open kitchen/family room. There is also a first floor bedroom and full bath and ideal mudroom off the two car garage on the first floor and a back staircase. Second floor with a master bedroom suite, 2 spacious walk in closets and office area, and 3 additional bedrooms with 3 full baths. The finished lower level has a bedroom and full bath and area for playroom, gym, media room and wine storage.

Sale Price: $3,150,000
Assessed Value: TBD
Real Estate Taxes: TBD

17 Morris Lane17 Morris Lane: Colonial with slate roof, sited on a 1.58 acre property accessed by a circular driveway. The lawns are visible from all rooms in the house. The floor plan is perfect for everyday living, and entertaining. Spacious rooms throughout the house include a multitude of closets and other storage areas. Fireplaces with marble surround, hardwood floors, French doors to patios and 9 foot ceilings. Stone patio, surrounded by plantings and incredible property. Rambling river stone pathway connects two slate patios.

Sale Price: $2,700,000
Assessed Value: $3,625,000
Real Estate Taxes: $88,023

1 Hickory Lane1 Hickory Lane: This Fox Meadow estate was designed by noted architect Lewis Bowman. 1.60 acres including a pool, patios and a stone covered porch. Circular drive that leads into the two story reception hall. The formal living room and dining room both feature tracery plaster ceilings. Library with fireplace and shelving, and renovated kitchen which adjoins the breakfast room and back stairs. Upstairs is the master bedroom, bath and dressing room. Four more bedrooms, staff quarters round out this space. The third floor suite. Basement has a playroom and fireplace.

Sale Price: $2,300,000
Assessed Value: $6,275,000
Real Estate Taxes: $188,391

33 Sage Terrace33 Sage Terrace: Colonial set on a private .27 acre with 6 full bedrooms and large bonus room. 5 full and 2 half baths. High ceilings, hardwood floors, generous closet space, central air. Large living room, formal dining room, large eat-in kitchen, door to deck adjacent to family room with fireplace, large mudroom off 2 car garage, 1st floor bedroom complete the main level. The 2nd floor boasts a master bedroom with bath, 3 additional bedrooms and a large bonus room. The dramatic lower level, 2057 square feet, houses a guest room, playroom, gym, powder room, office, utilities, ample storage.

Sale Price: $2,250,000
Assessed Value: $1,975,000
Real Estate Taxes: $46,934

14 Lebanon Road14 Lebanon Road: Custom built home in the heart of Heathcote. The kitchen includes gourmet appliances including cappuccino maker and breakfast area overlooking family room & backyard. Finished attic that makes for a great playroom or guest suite. The lower level is also fully finished w/ high ceilings, bedroom and full bathroom.

Sale Price: $2,100,000
Assessed Value: $2,444,199
Real Estate Taxes: $17,817

45 Jefferson Road45 Jefferson Road: Inviting home with entry hall, living room with fireplace, music room/sunroom, formal dining room, eat-in kitchen with high end appliances, family room with easy access to backyard, and first floor laundry room. On the second floor, there is a master bedroom with full bath, 3 additional bedrooms and hall bath. Lower level offers a full basement with abundant storage space and utilities. Numerous updates: windows, lawn sprinkler system, new steps and walkway, new hot water tank, new washer and dryer.

Sale Price: $999,000
Assessed Value: $950,000
Real Estate Taxes: $23,051

134 Highland Road134 Highland Road: Edgemont Split Level home. Inviting entry foyer, large living room, dining room and eat-in kitchen, cathedral ceiling family room opening to large deck. Master bedroom, 2 additional bedrooms, and a renovated hall bath. Lower level features 2nd family room with wood-burning fireplace, full bath, sliding door to stone patio and door to 2 car garage. Additional 600 sqft finished basement. Private level backyard is surrounded by mature trees.

Sale Price: $899,000
Assessed Value: $919,500
Real Estate Taxes: $29,463

174 Lyons Road174 Lyons Road: 3 bedroom, 2 1/2 bath home. The entry foyer leads into spacious living room with wood burning fireplace. Eat in kitchen with a desk area, formal dinning room with door to deck. Master bedroom and generously sized bedrooms, hallway bath, easy walk up attic for plenty of storage completes this level. Lower level is open and spacious with laundry room, bonus room, utilities plus full bath and a door out to property.

Sale Price: $855,000
Assessed Value: $725,000
Real Estate Taxes: $17,817

20 Glenwood Road20 Glenwood Road: Charming and lovingly maintained corner lot home with beautiful, architectural features sits on a quiet tree-lined street in the Edgemont School District. Hardwood floors throughout. Inviting stone fireplace, renovated baths, updated kitchen and above ground oil tank. Spacious screened-in porch that overlooks the lush grounds.

Sale Price: $658,000
Assessed Value: $739,900
Real Estate Taxes: $20,171

Featured Listings
12 Dolma Road12 Dolma Road, Scarsdale: Ready to fulfill your dreams? Customize with premier Scarsdale builder and architect to create the home you've always wanted. The 1.22 acres of level land is ideal for a grand main house, plus an outdoor pool and pool house. Extremely rare opportunity to build a new home on Dolma Road, a preeminent location in the Estate section of Murray Hill. Yes, you can have it all…welcome to pure custom! Bring your imagination and have what you want. Learn more here. 
Listing Price: $8,250,000

72 Sheldrake Road72 Sheldrake Road, Scarsdale: Custom home designed for modern living with two story pool house and in-ground pool; set on a private acre with golf course views. The main house entrance is flanked by French doors that open to the living room and dining room respectively. The family room has a fireplace, covered porch and outdoor fireplace. Learn more here. 
Listing Price: $6,500,000

Open Houses
11 Cohawney Road11 Cohawney Road, Scarsdale
Public Open House: 5/27 11am-12:30pm
Listing Price: $2,775,000
Learn more here.