Details

Written by Joanne Wallenstein

Category: Real Estate

Published: 05 October 2023

Third quarter real estate statistics confirm what realtors have been saying all year. The combination of high mortgage interest rates and a shortage of inventory has resulted in a diminished market this year.

As of today, October 5, 2023, the 30 year fixed rate is 7.7%, making it far more expensive to buy a home today than it was at this time last year when the rates were hovering around 3%. The interest rates make it more difficult for current homeowner to move – as some have paid off their own mortgages or hold mortgages at the lower rates. With fewer people moving there is less available inventory for buyers and the cycle continues.

According to a report from Julia B. Fee/Sotheby’s, here’s the data for Scarsdale and Edgemont.

In Scarsdale, there are 34 homes on the market, a decrease of 24% from this time last year.

Year to date, 165 homes have sold as compared to 234 last year, a 29% decrease and the median sale price, $1,970,000 is virtually even with last year.

In Edgemont there are 16 homes on the market, a 41% decrease from this time last year. 68 homes have sold this year vs. 87 last year and the median price has risen 4% from $1,275,000 to $1,320,000.

Experts are predicting a decline in the mortgage rates that should impact the real estate market in the coming year.

Sales
15 Murray Hill Road
This iconic Scarsdale home offers the perfect combination of warmth and elegance. The best-in-class brick Georgian Colonial has been enhanced by meticulous renovations and restoration which kept all the original character and curb appeal while introducing 21st century comfort and convenience. The dramatic approach hints at the extraordinary interior that awaits you. The home is surrounded by beautiful lush plantings and lots of special outdoor areas including a pool, hammock garden, canopied terrace and private fountain garden. All bedrooms are en-suite, there is a movie theater in the basement adjacent to the roughly 1300 bottle wine cellar, a gym, three car garage, and lots of separate entertaining spaces. Imagine getting to call this home?
Sale Price: $5,100,000
Real Estate Taxes: $105,686.46
Assessed Value: $5,075,000

9 Oakstwain Road
Fabulous, beautifully renovated, Greenacres Colonial. This 2003 built home has been updated extensively over the last 4 years and feels brand new -- special features and improvements sheet attached. A grand two-story foyer welcomes you into this modern home flanked by a formal living room and formal dining room (currently used as a gym). An open plan renovated and modern kitchen/family room with cathedral ceiling and fireplace spans the back of the house with walls of windows and French doors to the patio and backyard for easy family living and entertaining. The chic, white kitchen boasts premium updated appliances, new wood floors, counter and backsplash and connects to an updated and beautiful laundry/mudroom with new washer/dryer and herringbone tile flooring. The mudroom connects to the two garage. The powder room was updated with marble flooring, new fixtures, wallpaper, lighting, hardware and paneling. Two bedrooms on the first level (both being used as offices) share a renovated jack-and-jill full bath with walk-in shower -- the perfect set-up to work from home or have private guest space on the first level. The second level features a primary suite with a spacious bedroom, large walk-in closet plus additional closet and luxurious full bath updated with marble flooring, double vanity, separate shower and soaking tub and private WC. Two additional large bedrooms and an updated hall bath with tub/shower and new fixtures complete the second level. The lower level boasts a large playroom and utilities. The backyard is level, fully fenced and contains a spacious patio -- ideal for dining and entertaining outside year round.
Sale Price: $2,691,000
Real Estate Taxes: $28,634.27
Assessed Value: $1,375,000

57 Fayette Road
Fully renovated and meticulously maintained colonial in the heart of Heathcote. Upon entering you'll be greeted with an abundance of natural light! Every detail of this home has been thoughtfully mastered in craftsmanship, architectural design and layout. It boasts a fabulous, eat-in kitchen with stainless steel appliances that is open to the family room with sliders to the back deck, perfect for al fresco dining. Summer entertaining is a breeze with seamless indoor/outdoor flow. An elegant dining room with wainscoting paneled walls, living room with built-ins and wood burning fireplace, home office and a modern full bathroom complete the first floor. The second floor has 4 bedrooms and 3 full bathrooms! The primary suite has 2 walk-in closets and an ensuite bathroom with double vanity and stall shower. A junior suite with ensuite bathroom and two additional secondary bedrooms and a hall bath complete this floor. In the lower level you will find a game room/fitness area with laundry room and access to the garage. Enjoy the ultimate in suburban living in one of the best neighborhoods in Scarsdale!
Sale Price: $1,800,000
Real Estate Taxes: $26,009.99
Assessed Value: $1,300,000

15 Springdale Road
Introducing this beautiful split-level home in Quaker Ridge on over a third of an acre of flat sprawling property. With its sunny, airy, and bright atmosphere, this property offers an exceptional and spacious living experience. The tastefully designed interior boasts an abundance of natural light, creating an inviting and uplifting ambiance throughout the home. The open floor plan seamlessly connects the sizable living and dining areas, providing an ideal setting for both relaxation and entertainment. With two areas for lounging, choose between the cozy den with a fireplace which can also double as an office or the large family room with access to the backyard. The oversized primary bedroom with walk in cedar closet and a full wall of closets is the perfect retreat. Two additional bedrooms with a shared bathroom round out the bedroom level. Step outside to the meticulously landscaped backyard, perfect for enjoying outdoor activities or hosting gatherings with family and friends. This home offers the perfect balance of elegance, comfort, and natural beauty.
Sale Price: $1,687,000
Real Estate Taxes: $21,782.39
Assessed Value: $1,040,000

24 Andrea Lane
Contemporary and bright Mid-Century home in the Edgemont school district situated on a gorgeous level half acre property ready to move in. This bright five bedroom home offers a great open layout with high ceilings and large windows for today's buyer. The beautifully renovated kitchen has custom cabinetry, stainless appliances and a large eating area with bow window overlooking the picture-perfect backyard. Some of the special features include: luxurious primary suite with tremendous closet space and renovated ensuite bath, guest bedroom with bath, spacious family room with fireplace and large windows, fantastic 2nd family/multi-functional room with high ceiling and lots of windows, home office options and oversized 2 car garage. Awesome potential in basement with additional 377 square feet. Unbelievable property with mature landscaping is very private with multiple patios all wonderful for relaxing, playing, entertaining and enjoying the magnificent sunsets! This is the home you have been waiting for and will fall in love with.
Sale Price: $1,510,000
Real Estate Taxes: $31,603.80
Assessed Value: $969,300

53 Claremont Road
Move right in to this Greenacres gem! This charmer is set on a lush level .30 acres. The first level boasts an ideal flow for modern living, featuring a gracious LR w/fireplace that flows into a bright den/library, powder room, large DR that opens to vaulted ceiling modern family room with brand new maple floors, updated MEIK, w/new floors, quartz countertops/backsplash/new LG appliances, doors to level yard. Level 2 features a large stunning primary, 2 full baths, 3 add'l generously sized bedrooms, all w/deep cedar closets. Level 3 includes 2 huge bedrooms potential home office/gym and a full bath. Full lower level offers rec/gym/play space & storage, utilities room w/new updated Navien high efficiency boiler, new water heater, brand new Unico CAC blower, entrance to spacious, high ceilinged 2 car garage, second entrance walks out to front w/mudroom/cubby area. This home has it all!
Sale Price: $1,440,000
Real Estate Taxes: $17,003.82
Assessed Value: $875,000

16 Lebanon Road
Dreamy Mid-Century style home in the heart of the Heathcote neighborhood. Lots of potential to restore to its' former glory and expansion possibilities. Eat-in kitchen, cozy screened porch, formal living and family room space, two car attached garage. Great opportunity to make it your own. Imagine getting to call this home?
Sale Price: $1,304,000
Real Estate Taxes: $10,301.00
Assessed Value: $1,000,000

163 Madison Road
A bright and meticulously maintained single family house in sought-after Scarsdale School District. Hardwood floors throughout. Updated kitchen with granite countertops and stainless steel appliances. Central A/C for 2nd floor and mini-split A/C for 1st floor. An over-sized garage and lots of storage space. This house is ready for moving in. Must see.
Sale Price: $1,253,000
Real Estate Taxes: $20,824.91
Assessed Value: $1,000,000

Featured Listings





7 Cooper Road, Scarsdale
6 Bedrooms, 6.2 Bathrooms, 8,728 Square Feet
This captivating stone and shingle Colonial in the heart of Murray Hill is situated on 1.20 private, pristine acres with entertaining patios, fire-pit, built in BBQ, infinity pool and pool house. Renovated with a contemporary timeless sophistication, this home exudes warmth and a wow factor that is functional for everyday living and entertaining. The entry leads to a fabulous step-down living room with fireplace, family room with fireplace and an additional glass enclosed great room with soaring ceiling, radiant heated floor, floor to ceiling doors that open up for seasonal indoor/outdoor living, the room includes a fireplace, wet bar with wine refrigerator. Gourmet eat-in kitchen with large island, Viking 6 burner oven, SubZero refrigerator, warming draw, dishwasher flows into a handsome butlers pantry with dishwasher, wine refrigerator and large walk-in pantry closet. Large formal dining room. The mudroom off the kitchen is equipped with a laundry room, built-ins, bedroom and bathroom. The second level includes the primary suite with tray ceiling, window seat that overlooks the magnificent property, 2 walk-in closets, gym, office and primary bath with steam shower and tub. Four additional bedrooms each with their own bathrooms. Back staircase. Finished basement with playroom, game room, 1/2 bathroom and handsome media room. Full house generator, Creston system. Radiant heat in glass enclosed great room. No detail is overlooked - this is a truly one of a kind home.
Click here for more information
Sale price: $7,295,000






4 Candlewood Court, Scarsdale PO/Edgemont
4 Bedrooms, 2.2 Bathrooms, 4,608 Square Feet
Introducing your dream home in the prestigious Edgemont school district! Nestled in a tranquil cul-de-sac setting, this modern gem offers a blend of sophistication and comfort. Situated on nearly .5 acre of landscaped and private property, this sun filled Contemporary Colonial is over 4,500 square feet and offers a perfect layout for everyday living. The main level features hardwood floors and a double height ceiling entrance foyer, formal living room with wood burning fireplace and skylights, formal dining room with bay window. French doors lead to the family room with second fireplace. Adjacent to the family is a beautiful and recently renovated kitchen with quartz countertops, new stove, refrigerator and dishwasher. The guest bedroom/home office with en-suite bathroom offers a flexible space depending on your needs. The upper level boasts new hardwood floors in 2020, 4 oversized bedrooms, including the primary bedroom with luxurious marble bathroom with steam shower and 2 spacious walk-in closets, hall bathroom and conveniently located laundry room. The walkout lower level is a versatile open space perfect for a playroom, gym and/or TV area, including a 1,500-bottle temperature-controlled Wine Cellar. Additional amenities include solar panels, 2 car attached garage, 3 zone central AC. Square Footage includes 1,250 square feet of legal lower-level space. Walking distance to elementary school, shops, bus and restaurants. 4-minute drive to Scarsdale train station and only a 32-minute ride to Grand Central Terminal.
Click here for more information
Sale price: $1,675,000

Details

Written by Jordi Wiener

Category: Real Estate

Published: 12 October 2023

More big sales this week in Scarsdale:

Sales
31 Murray Hill Road
A masterpiece detailed to perfection. This residence boasts 7 bedrooms and 7.2 bathrooms. The floorplan is laid out over two idyllic levels seamlessly transitioning from the modern light filled interior by the two story walls of windows to the beautiful outdoors. A chefs kitchen with butlers pantry opens to the family room with gas fireplace. The formal living room has a two sided linear gas fireplace. The second level hosts an opulent master suite containing a lounge area, fireplace, two over-sized walk-in dressing rooms, and luxurious en suite bathroom. There are five additional generously sized bedrooms, 3 en suite baths and one prince princess, and laundry room. The lower level features a fitness room, a cabana area fully equipped with sauna, entertainment area, bar, a glass enclosed 1000 bottle wine room, and guest room and bath. This is truly a one-ofa-kind opportunity for the discerning purchaser looking for exclusivity, ultimate luxury and design.
Sale Price: $7,500,000
Real Estate Taxes: $29,675.51
Assessed Value: $1,425,000

2 Ardmore Road
Brand new home to-be-built in Heathcote in a great location. This 2023 Colonial home is 4,765 square feet on .20 acres which includes five-bedrooms each with an en-suite bathroom, first floor has an amazing kitchen with center island, family room with gas fireplace, living room, dining room, study and mudroom off the two-car garage. Second floor offers four-bedrooms/four-bathrooms including a private rooftop terrace off the master bedroom for viewing the evening stars. Lower level is finished with tons of recreational space for everyone's hobbies and interests, plus a bar area with a refrigerator and the fifth bedroom/bath. Ten foot ceilings on first floor and nine foot on second floor and lower level. Four-zones for heat and air conditioning. Top-of-the-line appliances. Pick your finishes!
Sale Price: $3,500,000
Real Estate Taxes: $16,678.71
Assessed Value: $796,325

8 Clarendon Place
Located in a quiet cul-de-sac, 8 Clarendon Place is in the best location. The home is bright, airy, open and has plenty of space for everyone. First floor features living room, dining room, and an eat-in kitchen that opens to the deck. A few steps up are the master bedroom with master bath, two additional bedrooms that share a hall bath. The walk-out lower level has two more bright and spacious bedrooms, a family room and another full bathroom. The lower level bedroom in the back walks out to the spacious, flat and private backyard - perfect as home office. 8 Clarendon Place offers a move-in ready home in a neighborhood that is tucked away in serenity - a perfect combination to call it home. New siding just installed and the house is freshly painted inside and outside, the home has been loved by the same family for many years, now ready to be lovingly passed on to new owners.Sale Price: $1,100,000
Real Estate Taxes: $25,974.59
Assessed Value: $745,000

219 Evandale Road
HIDDEN GEM with many possibilities! Inviting front porch welcomes you to this sunny, well-maintained 4 Br, 2 Bath home; award-winning Edgemont School district, Tranquil rear yard oasis; prolific landscaping, trees. This home offers gleaming hardwood floors, Living room/woodburning fireplace, Dining room, Kitchen/side door to garage, Hall bath, Two bedrooms/entry to covered rear deck 15x11. 2nd level has Bath, Two additional bedrooms/door to large open balcony 18x10; plus 11x14 Attic. Abundant closets throughout, Central air conditioning, Inground sprinklers, Vinyl & stone exterior provide great insulation, Roof approx.1998. Spacious open basement 29x27; French drains/dry well 2011; Oil tank above ground, HW heater, Laundry, Workshop. Taxes $22935/w STAR. This special home awaits your many years of enjoyment.
Sale Price: $820,000
Real Estate Taxes: $24,581.68
Assessed Value: $753,900

Featured Listings





114 Birchall Drive, Scarsdale
6 Bedrooms, 6.1 Bathrooms, 6,575 Square Feet
Impressive gut renovated Colonial in the heart of the prestigious Murray Hill section of Scarsdale, situated on a glorious private acre on sought-after Birchall Drive, only a 32 minute commute to Grand Central Terminal. The foyer welcomes you with stunning herringbone oak floors and paneled walls leading to an expansive formal living room with a stately wood-burning fireplace, several seating areas and access to the covered deck area. The formal dining room would easily seat 24 and boasts another wood-burning fireplace, a wet-bar and three sets of French doors to the deck. The brand new modern kitchen features high end stainless steel appliances, a large Quartz island, walk-in pantry and spacious dining area with French doors to the deck. An adjacent cozy family room with a high ceiling and a wall of windows also opens to the deck and backyard. The mudroom with cubbies accesses the attached garage and side door. The second level includes a beautiful primary suite with French doors to a balcony, lovely sitting area, two large walk-in closets and a luxurious primary bath with radiant heated floor, soaking tub, large shower and double vanity with make up area. Four additional bedrooms and 4 baths (3 en-suite) plus a large laundry room complete this level. The lower level is comprised of two large recreation rooms, a bedroom/office/gym, full bath, utilities and access to the backyard and patio. The acre property is lush and private and pool site approval is underway. It features a meandering stream that adds beauty and serenity to the stunning view from the deck and patio. Move right in and enjoy this freshly renovated home in the premiere Murray Hill estate section of Heathcote, a short walk to shopping, worship, the highly-acclaimed Scarsdale Schools and wonderful amenities. Not in a flood zone.
Click here for more information
Sale price: $3,899,000






5 Rural Drive, Scarsdale
4 Bedrooms, 2.1 Bathrooms, 2,802 Square Feet
Welcome home to tranquility, comfort and convenience in this desirable, classic Center Hall Colonial in the heart of Quaker Ridge, in the highly-acclaimed Scarsdale School District. Set on an impressive nearly half acre of lush and private property in a coveted neighborhood, this residence exudes timeless charm and modern convenience. As you step inside, you'll be greeted by the warmth and elegance of the formal living and dining rooms on the first level, perfect for hosting gatherings and creating cherished memories. The heart of the home, a spacious updated kitchen, boasts light wood cabinetry, stainless steel appliances including a natural gas cooktop, granite countertops and sliding doors leading to a spacious deck with a gas line for the bbq, seamlessly connecting the indoors with the beautiful backyard. An adjacent family room with abundant natural light offers a cozy retreat with views of the scenic landscape. A powder room completes this level. Upstairs, discover four generously sized bedrooms, including a luxurious primary suite. The primary bedroom features a walk-in closet and an updated ensuite full bath. Three additional family bedrooms share a large hall bath. The lower level offers an above-ground playroom, including a door opening to the backyard. A laundry/storage room and a spacious 2-car attached garage provide ample storage and parking. The expansive property is well cared for, with a deep yard and great privacy due to the wooded area in the back. This home is the perfect blend of comfortable living and classic style. Don't miss the opportunity to make it yours!
Click here for more information
Sale price: $1,700,000

Details

Written by Jordi Wiener

Category: Real Estate

Published: 28 September 2023

This week the focus is on Edgemont with four sales in the Edgemont School District:

See below:
99 High Point Road
NEW CONSTRUCTION on nearly one half acre in the Edgemont School District. Setting and layout for everyday living and entertaining. Kitchen with appliances, center island, countertops, cabinets and breakfast area. Adjacent "great room" with a fireplace is the heart of the home. Hardwood floors, lofty ceilings, millwork, central vacuum, second floor laundry, and lower level recreation room. Highlights are a dedicated home-office, second floor bonus room, three-car attached garage to mudroom with cubbies, and more. Primary bedroom suite with two WIC and bath/dual vanity, separate shower and soaking tub. Sliding doors to the deck integrate indoor and outdoor living spaces. Refined craftsmanship by respected Edgemont builder.
Sale Price: $2,575,000
Real Estate Taxes: $17,965.62
Assessed Value: $550,500

180 Evandale Road
On a street in the Edgemont School District, this residence dazzles indoors and out. A yard and porch set an elevated tone and welcome you home to hardwood floors and the interior. A foyer opens to a living room with a fireplace. Flow reveals a heart-of-the-home kitchen boasting cabinetry, granite and tile, island with seating, breakfast area with glass doors to a deck and yard, and front porch access. The dining room is intimate, and the powder room is tidy. Upstairs, the primary suite has a wall of windows, WIC, and bath with double vanity, glass shower, and spa tub. Three well-sized family bedrooms share a hall bath. The lower level offers rec space, storage, laundry. With CA, attached garage, and Edgemont Schools, this is your Westchester dream home!
Sale Price: $1,230,000
Real Estate Taxes: $26,133.51
Assessed Value: $852,000

199 Glendale Road
Living room with fireplace and picture window to view the landscaping. This room is adjacent to a porch. The first level also includes a powder room, dining room with bay window and view of Copper Beech tree, kitchen with built-in banquette, appliances, propane for gas stove and door to stone patio. Second level includes a primary bedroom with a closet and ensuite bath, 2 bedrooms, and hall bath. Lower level is not included in square footage and features bonus space (800 square feet), laundry room, storage and door out to the yard. Relax in the backyard on a stone patio or throw a ball on the level, grass area. Some updates include windows, air conditioning system, appliances, painting, bluestone path and curb along driveway. Location offers both privacy and convenience on ABC street!
Sale Price: $950,000
Real Estate Taxes: $27,931.62
Assessed Value: $856,700

6 Stephanie Drive
Welcome to your own paradise! This 3 bed, 2.5 bath home offers a feel that is unmatched. From the moment you arrive, you'll be taken away by the landscaping featuring a garden. The open concept living area is filled with light streaming in from the wall of windows & skylights. Enjoy nights by the stone fireplace in the living room or prepare a meal in your kitchen with granite countertops, storage & breakfast bar open to the living/dining area. Each bedroom provides space for everyone. Step outside to your backyard & experience peace and tranquility as you relax to the sounds of nature & waterfalls cascading into the pond. Enjoy nights around the fire pits or host dinner parties on the patio for friends and family.
Sale Price: $925,000
Real Estate Taxes: $26,753.14
Assessed Value: $871,000

Featured Listings





67 Church Lane, Scarsdale
5 Bedrooms, 4.1 Bathrooms, 5,425 Square Feet
Nestled within the heart of Fox Meadow, one of Scarsdale's most sought-after neighborhoods, this magnificent center hall Colonial is a perfect blend of classic architectural details and modern elegance, set on .32 acres of level land, making it an exceptional haven for the discerning homeowner. Step into the charming foyer, where you'll immediately feel the welcoming ambiance and attention to detail that defines this residence. The grandeur of this home unfolds as you enter the expansive formal living room adorned with a wood burning fireplace, creating a warm and inviting atmosphere for gatherings or tranquil evenings. The gracious formal dining room provides an elegant setting for hosting memorable dinners and special occasions. The heart of the home boasts an open-plan kitchen/family room, perfect for relaxing family time and everyday living. Premium appliances, new quartz countertops and backsplash, walk-in pantry with wine fridge, a cozy dining area with banquette and inviting entertainment area make this space a true standout. A sun-filled office with built-in bookshelves, oversized mudroom, two-car attached garage and a powder room complete the first level. Another stunning office (5th bedroom) is accessed off the wide stairwell providing a quiet space for productivity. A luxurious primary suite with fabulous renovated primary bath and a large walk-in closet, 3 additional generous bedrooms and two full baths, complete the second level. The lower level offers a versatile finished space, complete with a recreation room and a gym, laundry, storage, utilities and full bath. Enjoy the spacious patio, perfect for outdoor dining and relaxing by the firepit along with the tranquility of a meticulously landscaped, level backyard, ideal for entertaining, play, or simply unwinding amidst nature. Just a short walk to elementary and high school, public library, playground, downtown Scarsdale shops and restaurants, and the train station this property affords the utmost in convenience. This exquisite 5-bedroom residence effortlessly combines the charm of yesteryear with the modern luxuries of today. With its level backyard, proximity to essential amenities, dual home offices, and spacious living areas, this home is the epitome of comfortable, stylish living. Your dream home awaits!
Click here for more information
Sale price: $3,250,000






87 Brookby Road, Scarsdale
5 Bedrooms, 4.1 Bathrooms, 4,700 Square Feet
This spacious stone and shingle Colonial located in popular Heathcote neighborhood is deceivingly expansive with 4700 square feet of flexible living space sited on a half acre of level, totally private, professionally landscaped property with potential room for pool and offers five bedrooms, four full and one half baths. Just a short walk to Heathcote School, Scarsdale Middle School, shopping, playground and tennis courts. The updated huge kitchen features custom cabinetry, granite counters, newer professional stainless appliances, extra large center island, sliders to large deck, mudroom/laundry room w/separate entrance to side yard, two car garage and back staircase. Family room off of kitchen, dining room, living room with fireplace, powder room, den and separate office completes first floor. The second level boasts a primary bedroom suite with high ceiling, walk-in closet and luxurious ensuite bath featuring double sinks, Jacuzzi tub and separate shower, plus 4 additional large bedrooms, two with ensuite bathrooms and a renovated hall bathroom. Additional access through back staircase conveniently off of the kitchen completes the second floor. The lower level features finished recreation room, walk-in cedar closet, storage room, utilities and exit door to backyard. Additional updates: interior and exterior recently painted, newer stainless appliances including professional kitchen appliances, washer, dryer and second refrigerator.
Click here for more information
Sale price: $2,495,000