Teardowns Abound in Fox Meadow
- Thursday, 01 September 2016 09:04
- Last Updated: Thursday, 01 September 2016 14:24
- Published: Thursday, 01 September 2016 09:04
- Joanne Wallenstein
- Hits: 6677
138 Fox Meadow Road has been subdivided into two lots
Builders are busy demolishing small homes and building grand ones in the hope of attracting buyers with deep pockets.
Here's what we saw:
At 138 Fox Meadow Road, a pink ranch on . The first of two new homes to go up on the subdivided lot at 138A Fox Meadow Road is on the market for $3,975,000
The property was assessed at $1,850,000 in the 2016 revaluation. If the homes sell for the asking price, the builder could earn a considerable return on his investment.
At 117 Fox Meadow Road, the owner received A new 7,564 square foot house is on the market for $4,200,00 at 117 Fox Meadow Road
Also demolished is 146 Fox Meadow Road which sold in January 2016 for $1,665,000. As of now, a new home on the property is not listed.
257 Fox Meadow Road has disappeared as well. The original home, built in 1939 was approved for demolition in April 2015.
Around the corner at 32 Fenimore Road a 2,812 square Former home at 32 Fenimore Road
At recent village meetings about the 2016 revaluation, several builders have claimed that the reassessment killed the real estate market in Scarsdale. But a look around town proves that their assertions are unfounded. The Mayor and Board of Trustees indicated that they would re-examine Scarsdale's preservation laws, lot coverage and floor area ratio (FAR) requirements this session, but nothing appears to be in the works.
A 7,800 square foot home will be built at 32 Fenimore Road