Thursday, Dec 26th

18KelwynneRoadThe Committee for Historic Preservation has a busy agenda for its July meeting when seven homes will be considered for demolition. If none are found to meet the criteria for preservation, the following homes will fall to the wrecking ball:

18 Kelwynne Road was built in 1928 and sits on 1.69 acres of property near the Scarsdale Middle School. Currently listed for sale for $3,750,000 with taxes of $48,858, the property is described as "park-like" and the lawn as "expansive." The listing also notes that the property includes two tax lots. Let's hope the developer only plans to replace one house!

21GreenacresAVenue21 Greenacres Avenue is a renovated carriage house that sits on a flag lot on Greenacres Avenue near Hitchcock Church. It is not currently on the market but was listed in February 2014 for $1,595,000. Perhaps the buyer is waiting to see if demolition will be approved before making the purchase. The property is .61 acres and the 1911 carriage house was renovated in 1998 and again in 2005.

  • 7 Stonehouse Road -built in 1950
  • 12 Wynmor Road - built in 1950
  • 4 Bethel Road- built in 1921
  • 19 Crossway - built in 1951
  • 56 Brite Avenue- built in 1951

Sales:

Scarsdale

18HamptonRoad18 Hampton Road: Sunny Tudor on .48 acre in Fox Meadow. Great floor plan with 5501 square feet of interior space, four fireplaces and lovely views. Seven bedrooms with 5.1 baths. Master bedroom with fireplace, dressing and large bath, 4 additional bedrooms and 3 baths. Lower level playroom, maid's room with bath, 3-car garage.

Sale Price: $3,050,000
Real Estate Taxes: $42,642

33Stratton Road33 Stratton Road: Quaker Ridge ranch on .61 acres. Spacious room sizes throughout with a bedroom on the second floor in addition to three on the first and a huge recreation room on the lower level. Three full baths and a powder room. Two fireplaces. Extra large living and dining rooms.

Sale Price: $1,517,000
Real Estate Taxes: $26,574

5salemdrive5 Salem Drive: Expansive ranch on .63 acres in Mamaroneck. Open floor plan --perfect for entertaining. Large living room with fireplace and oversized windows, dining room, sun filled den with custom built ins, library, large master bedroom with bath, 4 additional family bedrooms, custom moldings, hardwood floors, slate roof and lots of storage.

Sale Price: $1,400,000
Real Estate Taxes: $26,907

4LorrainePlace4 Lorraine Place: Split level home on 1.1 acres in Fox Meadow. Four bedroom, 3 baths. Cathedral ceiling.

Sale Price: $995,000
Real Estate Taxes: $18,134

Edgemont

1EvaLane1 Eva Lane: Close to an acre of land on a cul-de-sac in Edgemont School District. Spacious home with a private built-in pool, recently refurbished. Special features include an open kitchen with windowed eating/sitting area and easy access to the yard, hardwood flooring, new bay windows, and new roof.

Sale Price: $950,000
Real Estate Taxes: $39,074

Featured Listings

HoulihanLogo201453 Corell Road, Scarsdale: Spacious, stunning Colonial with an open, 53CorellRoadcontemporary flair, meticulously maintained and updated with special attention to quality and detail throughout. New gourmet kitchen with custom cabinets, granite countertops, five-burner Wolf cook-top and stainless steel appliances. A fabulous master suite with new marble bath, dressing area with two walk-in closets and separate office area. Huge family room with built-ins and separate built-in bar. Generac 20 KW whole house generator installed in 2014. Private setting and only steps from Corell Park and playground. Move right in. A must see. Learn more here:

See more here:

List Price: $1,695,000

HoulihanLogo201474 Drake Road, Scarsdale: Beautifully renovated and meticulously maintained74DrakeRoad stone front Center Hall Colonial. The first floor offers a large living with fireplace, family room with walls-of-windows, spacious formal dining room, and oversized powder room by Waterworks. Architect designed chef's kitchen, granite countertops, all high-end stainless steel appliances, and first floor laundry room. On the second floor is a large master bedroom, sitting room/dressing room with custom closets, new master bath by Waterworks with soaking tub and large stall shower, radiant heated floor, three additional bedrooms and new hall bath (fourth bedroom is presently used as a home office fitted with queen sized built-in Murphy bed). On the lower level there is a fully finished walk-out basement with large TV room with surround sound, work station with built-in cabinetry and playroom with custom built-in storage, new full bathroom, and custom wine cellar with a capacity for 2,650 bottles.

Learn more here

List Price: $1,389,500

58CraneRoadVillage Assessor Nanette Albanese has announced that the Village received 951 tax grievances following the revaluation. This is higher than the 700+ grievances the Village received before the revaluation and represents about 16% of all the properties in Scarsdale.

We asked Bob Berg who serves on the Board of Assessment Review if they would be able to review all of these by September and here is what he said:

"The number of filings is not at all surprising to me given the number of properties which were reassessed upwards, in some cases by large amounts. The BAR consists of 5 dedicated community volunteers who are experienced and knowledgeable about real estate values in Scarsdale. We are required to complete our review of the grievances in time for the filing of the final assessment roll on September 15, 2014, and we will do so. To that end, we shall be meeting at least twice weekly for the remainder of the summer, and if need be, we shall add whatever evenings are necessary to finish our task. We are an independent town board, and we take our responsibilities very seriously. Some grievances are easy to deal with -- for instance, where the property owner has just submitted a grievance petition without any supporting analysis or documentation. Others take considerably more time -- e.g., where the property owner has submitted one or more independent, timely appraisals. Regardless, we work through the file and make whatever determination we deem appropriate based on the evidence before us."

At least for this week, the revaluation does not seem to be affecting sales. Two very pricey homes were sold as well as a host of others. See below.

Sales:

58 Crane Road: (Pictured at top) Brand new, 6 bedroom, 6.2 bath, center hall Colonial with high-style interiors. 11,000 square foot home with fine craftsmanship and high quality materials. High ceilings throughout, sleek modern kitchen, radiant heat in baths and many more delights. All this on a beautifully landscaped 1 acre lot with room for pool.

Sale Price: $4,875,000
Real Estate Taxes: TBD

7 Brittany Close: New construction to be built. Cul-de-sac of English manor style 7BrittanyClosehomes, in tranquil setting. Well-respected developer will make the process of customizing your dream home a true pleasure. Craftsmanship and exquisite details throughout, each residence features views of the picturesque pond with flowering trees, plantings and quaint walking path.

Sale Price: $3,500,000
Real Estate Taxes: TBD

21TisdaleRoad21 Tisdale Road: Crane Berkeley home with views of the private pond. Large sun filled rooms off the octagonal entry beckon for family and entertaining. Every room is well proportioned and appealing. Special details make this an unusual offering: 2 fireplaces, large master bedroom and deluxe bathroom, 3 more bedrooms and 2 more updated baths (1 bedroom and bath off back stairs), sophisticated cook's kitchen, extensive landscaping.

Sale Price: $1,965,000
Real Estate Taxes: $43,743

11CornellSt11 Cornell Street: Custom center hall Colonial completely re-built in 2002-03 with high end finishes and incredible layout-very sunny and private-over 6,400 interior square feet with 6 Bedrooms/5 and a half baths, top of the line gourmet kitchen, 2 family rooms, 3 fireplaces, 9 foot ceilings first and second floor, master suite with office, gym, mudroom, 3 zone Hydro heat and air, all wires/electric underground, Pella windows and doors. On .50 acre overlooking golf course with IPEA deck and separate patio.

Sale Price: $2,450,000
Real Estate Taxes: $41,147

49CorellRoad49 Corell Road: Open layout with formal living and dining room, kitchen with center island, connecting family room and office. The generous master suite has a dressing room with two walk-in closets. The deck overlooks a tranquil and private wooded setting. Custom built ins, millwork and sound system throughout. Finished lower level has a bedroom with bath.

Sale Price: $1,890,000
Real Estate Taxes: $42,315

5PutnamRoad5 Putnam Road: Center hall Colonial on .25 acre with lovely back garden and granite patio deck. Living room with fireplace, new kitchen with center island, family room. Large master bedroom with full bath plus 2 more bedrooms and bath. Two additional bedrooms on third floor. Numerous windows replaced, all new copper gutters, new furnace(2006), 2-car garage, slate roof.

Sale Price: $1,812,500
Real Estate Taxes: $33,921

98WalworthAvenue98 Walworth Avenue: Renovated and expanded Colonial on professionally landscaped .25 acres in Greenacres. Professional chef's kitchen with custom cabinetry, breakfast area with French doors to patio Large formal dining and living rooms. Upstairs to master bedroom with renovated bath with steam shower and double sinks. Three large bedrooms with renovated bath, and open staircase to third flr with two bedrooms and bath.
Sale Price: $1,245,000
Real Estate Taxes: $23,284

Edgemont:

9Campden9 Campden Road, Edgemont: Cotswold Colonial in premier location nestled on a secluded street within close proximity to train, Scarsdale Village and Edgemont schools. This bright and sunny home has been loved and lived in by only three families. Updated kitchen and baths, plus a flat, usable, fenced in yard.

Sale Price: $1,497,500
Real Estate Taxes: $32,979

65HighridgeRoad65 High Ridge Road: Bright beauty with charm and quality in lovely condition. Each room is well proportioned, and the layout and flow functions so well. Redone bathrooms and kitchen. Almost entire slate roof was replaced about 9 years ago, new interior oil tanks. Central air. Brick paths and wonderful gardens. Beautiful curb appeal on a special street. Very private setting.

Sale Price: $890,000
Real Estate Taxes: $25,165

277OldColony277 Old Colony Road: Three bedroom, three bath split level home with new gourmet granite kitchen, deck and patio overlooking private park-like grounds. Room to spread out in office/fourth bedroom... and inviting family room.

Sale Price: $870,000
Real Estate Taxes: $23,263

Featured Listings:

HoulihanLogo20145 Gilmore Court, Scarsdale: A lush setting and perfect location5GilmoreCourt on a cul-de-sac make this Greenacres gem irresistible. Special features include a beautifully proportioned living room with built-ins and fireplace, a formal dining room with bay window, a great family room off the kitchen and sunroom. Four stories of living offering six wonderful bedrooms, as well as four full baths and two half baths. The park-like yard includes a patio, terrace and playhouse, providing outstanding outdoor living space. Near to train and shops (with sidewalks) and a short distance to the elementary school. Updated and move-in ready. Learn more here:
A current lease will remain in place through July 2015.

List Price: $1,395,000

HoulihanLogo2014566 Fort Hill Road, Scarsdale PO, Edgemont: Stunning country566FortHillRoad Tudor situated upon a private .62 acres with architectural detail throughout, including beamed ceilings in public rooms, three fireplaces, beautifully adorned entryway, stairs and landing. There is a bright kitchen and pantry, French doors that open to a forty foot patio, sunroom, library and large den/family room round out the first floor. The second floor boasts four large bedrooms with special en-suite features. Two additional bedrooms and bath are on the third floor. Other features include hardwood floors, a back staircase, and eight walk-in closets. The basement and third floor offer plenty of additional storage. Learn more here:

List Price: $1,449,000

1084PostRoadOne of Scarsdale's historic homes is on the market. A Victorian home, thought to be built around 1875 at 1084 Post Road has been listed by Angela Retelny and Janice Rothman of Julia B. Fee Sotheby's for $2,499,999. The home was called "The Maples" and was used a residence of the teachers of the Scarsdale community. It is an Eastlake Victorian, which refers to a household design reform movement by architect and writer Charles Eastlake, in the late Victorian period. His book, Hints on Household Taste in Furniture, Upholstery, and Other Details posited that furniture and decor in people's homes should be made by hand or machine workers who took personal pride in their work. Manufacturers in the United States used the drawings and ideas in the book to create mass-produced Eastlake Style or Cottage furniture

It sits on 1.26 acres and has a 3,726 square-foot interior, featuring ten-foot ceilings, original plaster walls, double crown moldings, and parquet hardwood floors throughout. The front porch provides a beautiful vista of Scarsdale.

Commenting on the market this week, Jennifer Constantin of Julia B.Fee Sotheby's in Scarsdale said, "The market movement this week has only cemented my belief that the traditional "spring" timing for putting homes on the market has evolved into a twelve month market. Today's buyers and sellers are more informed than ever before. Don't wait until next year, demand is strong, there is less competition and it's time to move on with your life!"

Sales:

Scarsdale:

15WynmorRoad9BrooklineRoad15 Wynmor Road: Bright Tudor in desired Wynmor Park. Tasteful renovation includes kitchen family room combo, master bedroom suite with walk in closets, two story sitting room. New master bath with Jacuzzi and glass shower. First floor playroom or guestroom. Great location!

Sale Price: $1,443,000
Real Estate Taxes: $29,694

9 Brookline Road, Sherbrooke Park: Classic stone and clapboard Colonial offers 5 bedrooms and 3 1/2 baths, updated modern eat-in-kitchen with adjacent family room, 2-car garage, gas heat, central air, quiet, private rear yard and stone veranda for entertaining.

Sale Price: $1,300,000
Real Estate Taxes: $29,515

352HeathcoteRoad352 HeathcoteRoad: Sunny spacious home down the street from Elementary School! 5 bedrooms, 3 full, 2 half-baths, great renovated eat-in-kitchen with stainless appliances, new granite counters, new glass backsplash, large family room overlooking level yard with play set. Study/Den and powder room complete the first level. Master/Master Bath and two large rooms with updated hall bath on second floor. Third floor offers an extra-large bedroom, second bedroom and a large full bath. New central air throughout.

Sale Price: $1,100,000
Real Estate Taxes: $24,709

Edgemont:

15CotswoldWay15 Cotswold Way: Premier sun-filled center hall Cotswold brick Colonial with classic proportions and exquisite architectural details is sited on private, level 0.56 acres. Features: Hardwood floors throughout, step up Living Room w/leaded doors to extra large Family Room, Master Suite and Bath with 2 sinks/separate tub and shower, Central AC on 1st floor, walk up huge Attic with cedar closet, Back Stairs.

Sale Price: $1,505,000
Real Estate Taxes: $45,898

400ClaytonRoad400 Clayton Road: Renovated in 1997, this home has it all. Large kitchen with two of everything. Large living and dining rooms both with fireplaces, a first floor Master Suite and guest bedroom with hall bath and study with fireplace make for easy living. French doors lead to rear patio. The second floor boasts three spacious bedrooms, 2 full baths and a 14 by 22 rec/family room with stairs to kitchen. 4-Zone Heat (Radiant in kitchen and dining room), 3-Zone central air. Mature landscaping.

Sale Price: $1,403,500
Real Estate Taxes: $46,814

59MoorlandDrive59 Moorland Drive: Spacious 5 bedroom, 3 bath expanded ranch in Edgemont school district. Master suite, 2 additional bedrooms and hall bath on 1st floor. 2 bedrooms and hall bath on second floor. Generous room sizes. Conveniently located. 2-car attached garage. Hardwood floors throughout. Wood burning fireplace. Abundant storage. Central air. Boiler 2 years old. New roof. Flagstone patio. Square footage does not include lower level family room/playroom.

Sale Price: $1,114,500
Real Estate Taxes: $26,3959

Featured Listings:

HoulihanLogo20143 Meadow Road, Scarsdale: This stunning custom-designed home3MeadowRoad by renowned Greenwich architectural firm, Alisberg Parker, is a masterful example of the latest in new construction. Set on a beautiful .77 acre property, it is dramatically landscaped with mature plantings and beautiful stone walls. The interior reveals quality architectural details and a great floor plan geared to easy living and gracious entertaining. Many extras include fitted closets and mudroom, high-end appliances including a wine refrigerator and two dishwashers, three covered porches, and gravel parking court. Property adjoins the elementary school playing fields. Learn more here:

List Price: $3,400,000

HoulihanLogo201415 Circle Road, Scarsdale, NY: Fox Meadow New Luxury 15CircleRoadConstruction. This unusual offering occupies .65 of an acre in a well established Fox Meadow neighborhood of distinguished homes. It offers a refreshing blend of the quintessential Colonial style with all the uncompromising standards of excellence and requirements for today's buyer. The home impresses with its architectural details, quality materials and appointments such as luxurious bathrooms and the exceptional kitchen with its top-of-the-line appliances and cabinetry. It is located just minutes from the village and very convenient to the Metro North Station. Learn more here:

List Price: $4,825,000

17WaysideLaneA big week for sales – especially for homes under $2 million. Take a look at what sold:
17 Wayside Lane: Gem quality, this sunny 1926 Fox Meadow Mediterranean of incomparable elegance has been fully renovated. Grand foyer with curved sweeping staircase, Living Room, Family Room both open with French Doors to slate terrace and flat. 48 acre. Designer Eat/in Kit, second Family Room off kitchen, 2 half baths, Second floor exquisite MBR suite, custom blt-ins,3 walk-in closets, office, Master bath all custom, Jacuzzi/Shower an additional 4 Bedrooms, 3 full baths,(2 En-Suite)

Sale Price: $2,999,999
Real Estate Taxes: $70,627

4HamiltonRoad4 Hamilton Road: Classic New England Center Hall Colonial with beautiful custom millwork and moulding, living room with fireplace, family room, dining room, large eat-in kitchen. With center island, two dishwashers, wine cooler and desk. Attached 2-car garage. Large master bedroom suite with full bath, cathedral ceiling, dressing room, plus 3 additional bedrooms and full bath. Spacious third floor.

Sale Price: $1,667,500
Real Estate Taxes: $34,482

314HeathcoteRoad314 Heathcote Road: Renovated and expanded in 2001 this 5 bedroom 3.1 bath Colonial has it all and is surrounded by a landscaped and varied 1.3 acres. Fabulous floor plan designed for comfortable living and gracious entertaining .The top of the line Chef's Kitchen and Great Room share radiant heat, 9-foot ceilings and spectacular views of the private property. Master with office plus 4 bedrooms, bonus room and laundry on second floor. Back staircase Large 2-car garage.

Sale Price: $1,595,000
Real Estate Taxes: $30,947

19SplitTree19 Split Tree Road: Pristine and impeccable expanded ranch with large entertaining rooms. Set on a tranquil .50 acre with secluded Shoreline pool and patio. Wide peg oak floors in beautiful foyer, dining room, family room and kitchen. Renovated gourmet kitchen with custom Sycamore wood cabinetry, top-of-the-line appliances, sub zero wine frig.. Roof replaced in 2004. Renovated thru-out with highest quality materials and craftsmanship.

Sale Price: $1,550,000
Real Estate Taxes: $35,651

18HerkimerRoad18 Herkimer Road: Stunning Contemporary with breathtaking views of Quaker Ridge Golf course set on .55 lush level acre. Featuring living room with fireplace, dining room with door to deck and backyard, updated EIK with door to deck, family room, office, powder room, laundry room with back stairs, full bath and 2 car garage complete the first level. Upstairs to master suite w/gorgeous views of golf course, many closets and updated bath, 4 additional bedrooms, updated hall bath and large 2nd family room.

Sale Price: $1,540,000
Real Estate Taxes: $33,274

13LebanonRoad13 Lebanon Road: Inviting brick and shingle side-hall Colonial in a quiet, convenient location. Recent improvements include: freshly painted interior, re-finished hardwood floors, custom cabinetry, plantation shutters, mud room/laundry room, and more. Wonderful layout and flow. Large, flat private backyard. First floor bedroom/bath serves as a guest/au pair suite or at-home office.

Sale Price: $1,425,000
Real Estate Taxes: $28,852

32GrahamRoad32 Graham Road: Restored and renovated Tudor with vintage architectural beauty. Chef's eat-in kitchen with custom cherrywood cabinets, granite counters, state-of-the art stainless steel appliances; Sub Zero, Wolf and Miele. Hardwood floors through-out, gracious archways and beamed, vaulted ceiling. New washer, dryer, central air and hall bath.

Sale Price: $1,129,500
Real Estate Taxes: $19,362
Edgemont:
1BittersweetLane1 Bittersweet Lane: Renovated and expanded in 2001 this 5 bedroom 3.1 bath Colonial has it all and is surrounded by a landscaped and varied 1.3 acres. Fabulous floor plan designed for comfortable living and gracious entertaining .The top of the line Chef's Kitchen and Great Room share radiant heat,9 foot ceilings and spectacular views of the private property. Master with office plus 4 bedrooms, Bonus Room and laundry on second floor.. Back staircase Large 2 car garage.

Sale Price: $2,098,500
Real Estate Taxes: $47,796

53HighRidgeRoad53 High Ridge Road, Edgemont: High quality original construction and detail brought to modern standards with a wonderful addition. Bright and appealing rooms with a perfect layout and views to gardens and patios. Four bedrooms on the second floor and another on the lower level. Beautiful country kitchen with top notch appliances, cabinetry, counters and design, lovely breakfast area, open family room, private office, living room with fireplace.

Sale Price: $1,590,000
Real Estate Taxes: $36,031

4ChalfordLane4 Chalford Lane, Edgemont: Great multi-level split with 9' ceilings on first floor, front to back living room with hi hats and large windows, Dining room with tray ceiling/door to patio, modern chef's kitchen with breakfast area/door to patio. Lots of windows with views of lovely l/3 acre level landscaped property. Family room with fireplace, office and doors to yard.

Sale Price: $1,425,000
Real Estate Taxes: $34,451

Featured Listings:

HoulihanLogo201425 Overton Road, Scarsdale PO, Edgemont: Completely redone25Overton Victorian on a half acre of park-like property, perfect for today's lifestyle. Special features and updates include a new gourmet kitchen with stainless steel appliances: DCS 5-burner with oven, LG refrigerator and Bosch dishwasher, stone counters, custom cherry cabinets and large picture window, 10 foot ceilings, new windows, all new baths, new roof with copper gutters, new central air and heat, new wood floors on the second and third levels. A rocking chair front porch, new landscaping including new terraced backyard with play area, architectural details (bow windows, elaborate moldings, inlaid wood floors, built-ins) new front door and new storm door, new gas line hook up, and new furnace. Learn more here:

List Price: $1,285,000

HoulihanLogo2014177 Evandale Road, Scarsdale PO, Edgemont: Beautiful and 177EvandaleRoadbright Colonial with great open floor plan, new dine-in kitchen with granite countertops and custom made cherry wood cabinets. Master bedroom suite with cathedral ceiling, skylight, and cedar closet. Large finished basement, new Anderson windows and new doors. Refinished hardwood floors, maintenance free, seamless gutters, wide two-car garage and new oil tank. Commuter bus to railroad. Move right in. Learn more here:

List Price: $1,245,000

WeinbergWith six more teardowns under consideration by the Committee for Historic Preservation on June 17 and two homes already demolished in the past few weeks in my neighborhood, I started to wonder about the economics of buying an existing home, tearing it down and building a new one. From the number of teardowns I see, I could only assume that this must be a highly profitable venture for a developer. But just how profitable?

I asked a local builder for an estimated cost per square foot to build a new home in Scarsdale and he said it could vary from $200 to $600 a square foot, but said that a builder who wants to make a buck could get the job done for $250 per square foot. Using this estimated figure I looked at several recent teardown/build jobs in Scarsdale to see what I could surmise about the bottom line for the builder. Keep in mind that these figures do not include the real estate taxes the builder may have paid during the construction period, which appears to be around 2 years. Other costs that may not be included are agent fees (5%), as well as landscaping and carrying costs if the builder mortgaged the property.

Here are a few scenarios:

11DickelRoad11 Dickel Road: A 2,911 square foot house at 11 Dickel Road sold for $1,010,000 and was replaced with a 7,273 square foot house that was purchased for $2,775,000 in December 2013.

Purchase price of original home: $1,010,00011dickelold
Estimated construction cost at $250 per square foot: $1,818,250
Total Cost: $2,828,250
Sale Price: $2,775.000
Net Profit: $($53,250)

13DickelRoad13 Dickel Road: Next door a 3-bedroom home at 13 Dickel Road sold for $1,250,000 in October 2012 and was replaced with a new 6,806 square feet home that sold for $2,6000,00 on June 5, 2014. This one may have not been a total teardown:

Purchase price of original home: $1,250,000
Estimated construction cost at $250 per square foot: $1,701,500
Total Cost $$2,951,500
Sale Price: $2,600,000
Net Profit: ($351,500)

346 HeathcoteAt 346 Heathcote Road the original home built in 1929 sold in 2012 for $550,000. On only .17 acre the builder put in a 4,350 square foot home which sold in February 2014 for $1,800,000

Purchase Price of Original Home: $550,000
Estimated construction cost at $250 per square foot: $1,0875,000
Total Cost: $1,637,500
Sale Price $1,800,000
Net Profit: $162,500

At 17 Continental Road in Scarsdale, a new 5,667 square foot home replaced a home that was sold for $999,999 in 2010.

Purchase Price of Original Home: $999,999
Construction cost at $250 per square foot: $1,416,750
Total Cost: $2,416,749
Sale Price: $2,300,000
Net Profit ($116,749)

From my estimates, the economics of teardowns are a mixed bag. It appears that they a better deal for the Village than the builder as the Village collects building fees, subdivision fees and then increases the real estate taxes on the home dramatically when it is built.

But perhaps I have over-estimated the costs to the builder – because if these numbers are accurate, why would the demolition derby continue?

Sales:

3OakLane3 Oak Lane: Magnificent Fox Meadow stone and stucco English Manor sits on .71 flat acres. Every room is generous and graced with natural light offering unprecedented quality and artistry with solid 8 panel oak doors, original hardware with locks and skeleton keys, grand main stair with oak posts, Oak paneled study, high ceilings and ornamental mouldings, custom kitchen by St. Charles with attached 3 car garage. New buyer is only the third owner of this exquisitely maintained prime residence.

Sale Price: $3,725,000
Real Estate Taxes: $51,822

13 Dickel Road: (pictured above) Superbly crafted colonial with 6 bedrms and 5 1/2 baths on .44 acre. Grand entry, living room with fireplace dining room with coffered ceiling, huge chef's kit, mudroom, attached 2 car gar, backstairs to guest room/home office. Family room with doors to patio and library. Second floor :master bedroom suite with tray ceiling/bath/WIC, 3 bedrooms/2baths, laundry rm. Lower level: high ceilings, playroom, exercise room, bedroom/bath.
Sale Price: $2,600,000
Real Estate Taxes: TBD

17Magnolia17 Magnolia Road: Sun-drenched, tastefully updated three bed, three bath ranch. Wood floors on entire first level. California outfitted closets! Enjoy entertaining in elegant living and dining rooms. Kitchen renovated in 2008 with custom millwork, stainless steel premium appliances, granite countrs, built-in speakers. New mahogany deck with outdoor speakers. Professionally landscaped backyard is an idyllic setting for family BBQ's. Lush gardens include lawn sprinkler system and outdoor lighting.

Sale Price: $1,076,000
Real Estate Taxes: $21,227

125Brite Avenue125 Brite Avenue: Wonderful opportunity to live in the heart of the Greenacres. Situated on .30 acres. This all brick 5 bedroom Center Hall Colonial has great curb appeal. This pretty home boasts hardwood floors throughout, a wood burning Fireplace, High ceilings, Large oversized windows and a bright and airy sunroom off the Living Room.

Sale Price: $1,315,000
Real Estate Taxes: $24,018

3LebanonRoad3 Lebanon Road: Meticulously improved, beautiful 3 bedroom home on a quiet and highly desirable Scarsdale street, two blocks from the elementary school and close to shopping. Updates include: chef's kitchen with Viking stove, Sub-Zero, Bosch dishwasher, granite counters, 2004 roof, 2007 Hot Water heater and furnace, 2013 premium washer/dryer, 2011 a/c compressor, 2004 Alarm, 2012 Garage door. Bright and open floor plan.

Sale Price: $1,150,000
Real Estate Taxes: $24,078

132Longview132 Longview Drive, Edgemont: Totally renovated and expanded in 2012-13. Crisp and sparkling. Stainless steel kitchen appliances, granite counter tops, large breakfast area. Mud room with access to yard. Master bedroom suite with vaulted ceiling, Juliet balcony, en-suite bath with marble enhancements. Hardwood floors, Hunter Douglas shades throughout. Recessed lighting, custom closets, new windows, new washer/dryer, 2 zone heat and air conditioning, new furnace.

Sale Price: $1,170,000
Real Estate Taxes: $18,231

33WalbrookeRoad33 Walbrooke Road, Edgemont: Sunny and spacious, renovated Tudor in Old Edgemont. Gourmet kitchen with center island that opens to sunlit family room with doors to private patio and yard; elegant formal dining room, living room with fireplace, Library. Laundry on main level, MBR suite with renovated bath, amply sized family bedrooms, renovated hall bath and third floor bonus room with new bath. Hard wood floors, Marvin windows, new generator and boiler, radiant heat in bathrooms.

Sale Price: $1,435,000
Real Estate Taxes: $34,502

Featured Listings:

HoulihanLogo201472 Mamaroneck Road, Scarsdale: Bright and elegant, this renovated 72MamaroneckTudor with slate roof is set on over an acre of lushly landscaped property in Scarsdale's prestigious Murray Hill section. Among the many amenities and improvements is a three room guest wing with ADA bathroom and a separate entrance. The foyer opens to a gracious dining room perfect for large gatherings and an elegant living room. A spectacular family room opens to magnificent formal gardens and a beautiful pool with its own cabana and kitchenette. The kitchen has an attached breakfast/great room drenched with light. All of the bathrooms and kitchen have been renovated. Upstairs is a master suite like no other with his and her dressing and bathrooms, walk-in closets, a porch overlooking the property and a library that leads to a fantastic sitting room/office complete with gas fireplace and custom built-in desks. There is an enviable wine cellar in the lower level as well as laundry and play area. This is a masterpiece waiting for its new owner. Learn more here

List Price: $5,250,000

HoulihanLogo201445 Colby Lane, Scarsdale: This fabulous home with pool and exquisite plantings45Colby is situated on 1.26 flat acres on a tree-lined street. Fully renovated with beautiful details and high ceilings throughout. The first level boosts a spacious master bedroom with two baths, dressing room and doors to yard. Three additional bedrooms, two baths, a Christopher Peacock kitchen with Viking appliances, breakfast room with doors to patio, family room with fireplace, doors to yard and cathedral ceiling, bath, powder room, laundry and back stairs complete this level. The second level has two en-suite bedrooms, gym, cedar closet, bath, office/bedroom, and playroom. The lower level offers a media room, powder room and storage. Learn more here:

List Price: $5,099,000