Scarsdale Rated Wealthiest Suburb

Even though Scarsdale’s real estate prices appear to be sky high, compared to a national survey of leading suburbs, Scarsdale may be a good value.
A recent list from GoBankingRates.com found that Scarsdale and Rye were the top two wealthiest suburbs in the U.S. in terms of income. Comparatively, the wealthiest suburbs in California have lower average household incomes but home prices are triple those in these two Westchester towns.

The survey found that the average household income in Scarsdale is $568,942 with a typical home value of around $1,400,000.

In Los Altos, which is on the peninsula south of San Francisco, the average household income is $400,817 but the typical home value is $4,451,059, three times the price of a Scarsdale home. And in Menlo Park, adjacent to Palo Alto, Menlo Park, California the average household income is $316,584 with a typical home value: $2,810,388.

Commenting on the list in an article in Travel and Leisure, Anne Moretti with Julia B. Fee Sotheby’s in Scarsdale said, “Scarsdale real estate continues to soar to new heights, driven by high demand and limited inventory. Despite higher financing costs, the market remains competitive, with properties often entering bidding wars and going under contract within two to three weeks of listing. The demand for Scarsdale real estate has been bolstered by both local and global factors. The influx of buyers from New York City, which surged during the Covid-19 pandemic, remains strong as people seek quality living environments and safe havens for their investments. Global demographic shifts and the pursuit of stability and security have also contributed to the sustained interest in Scarsdale.  This year’s first-half sales volume was just slightly above last year’s, but median prices are up slightly year over year."

Sales
29 Brite Avenue: This Colonial in the heart of Fox Meadow offers contemporary elegance and the finest of finishes throughout. 29 Brite is truly an entertainers dream with a large formal living room with fireplace, a sunken den off of the gourmet chef's kitchen that opens to a patio and level yard. A butler's pantry connects the kitchen to a gracious dining room that is always dinner party ready! An elegant office, powder room, guest suite with full bathroom and a mudroom off of the two car garage complete the first floor. The expansive and sun drenched home continues to stun on the second floor. The primary suite is a true oasis complete with tray ceilings, a fireplace, two walk in closets and a spa like bathroom. A bedroom with en suite bathroom and a balcony, three bedrooms and a hall bathroom complete the second floor. The lower level has two large rec rooms, laundry and abundant storage!

Sale Price: $3,003,000
Real Estate Taxes: $17,962.
Assessed Value: $1,900,000

20 Mount Joy Avenue: This fully renovated home, is move-in-ready for those seeking easy living. There is a chef's kitchen, with an expansive island, top-of-the-line stainless steel appliances, and porcelain countertops. The open floor plan effortlessly connects the kitchen and large family room, adding a modern touch to this charming Tudor-style home. A separate living room, complete with a wood-burning fireplace and a gas line ready for conversion, provides a cozy retreat. Entertain in style with a formal dining room adjacent to the spacious eat-in kitchen. New powder room, built-in desk, and custom cabinetry that offer both practicality and ample storage. Step outside to the rear patio, accessible from the breakfast area or mudroom. The level and usable backyard further enhance the allure of this splendid home. Ascend to the upper level where the primary suite awaits, featuring a renovated bath and an expanded walk-in closet. Three additional bedrooms share an updated hall bathroom, providing comfort and style for the entire family. The lower level has been fully finished to accommodate your lifestyle needs. A large office or guest room, along with a full bathroom, create a versatile space, including ample storage.

Sale Price: $1,700,000
Real Estate Taxes: $40,661
Assessed Value: $1,262,300

42 Church Lane: Step inside to be welcomed by a spacious entry foyer, setting the stage for relaxed living. Boasting a wood-burning fireplace and a picturesque bowed bay window, the formal living room is the ideal setting for gatherings, celebrations, or simply unwinding by the fire. The adjoining updated kitchen/dining area with French doors leading to the patio and backyard, creates a seamless indoor-outdoor flow. Featuring white cabinetry, mostly stainless steel appliances, quartz countertops, and a breakfast bar with room for stools, this kitchen is as functional as it is stylish. The bedroom wing offers a tranquil primary bedroom with an ensuite updated bath, complete with a double vanity and tub/shower and two additional bedrooms with an updated jack-and-jill bath. Upstairs you will find a versatile bonus room and an additional storage area. The lower level offers even more living space with a large recreation room, mudroom area, full bath, utilities, and a two-car attached garage. Outside, the rear patio beckons for outdoor dining and entertaining, while the private backyard offers potential for recreation. Experience easy and comfortable living in this beautiful home in a prime location. Just move right in and start enjoying all that Scarsdale has to offer! In 2024, the electrical panel was replaced. 2022 updates include garage door motor, kitchen including new cabinetry, counters, range, microwave, two bathrooms, windows, recessed lighting, refinished floors and a fresh coat of paint inside and out. In 2020, a new roof with a 30 year warranty was installed.

Sale Price: $1,500,000
Real Estate Taxes: $28,392
Assessed Value: $1,075,000

193 Madison Road: Step into the inviting living room, where natural light floods through large windows, creating a warm and welcoming ambiance. Adjacent to the living room is the formal dining room, perfect for hosting elegant dinner parties or intimate family gatherings. Bask in the beauty of the sunroom, a tranquil retreat ideal for relaxation and/or potential at-home office. The heart of the home, the renovated eat-in kitchen dazzles with white cabinets, gleaming granite countertops & attractive granite black/white tile flooring, offering a cozy space for casual dining and culinary endeavors. This home features three cozy bedrooms, offering ample space for family and guests alike. Enjoy the convenience of a renovated full bathroom and a renovated powder room. Unwind or entertain in the basement rec room, offering versatile space for various activities. Step outside to discover the tranquility of the private yard and patio area.

Sale Price: $1,265,000
Real Estate Taxes: $18,487
Assessed Value: $700,000

199 Delhi Road: Newly finished hardwood floors and freshly painted throughout, this home is ready to move right in and enjoy Edgemont and all that it has to offer. The entry foyer leads the way to the easy floor plan with a living room ideal for family gatherings, sunroom, dining room that flows into eat in kitchen overlooking the picturesque backyard. There are 3 bedrooms and 2 full baths and 1 half and a fabulous lower level ideal for recreation.

Sale Price: $1,205,000
Real Estate Taxes: $29,409
Assessed Value: $913,000

Featured Listings

 22 Old Lyme Road, Scarsdale

Welcome to this stunning modern villa-style home featuring 11'-high ceilings, which create a spacious and luxurious atmosphere. This house is constructed with high-quality materials, with extensive use of marble, quartzite, and Onyx, especially in the kitchen area and bathroom countertops. The kitchen is impeccably designed with stone features and wood cabinets, Thermador appliances, and high-end appliances, making cooking a pleasure! The sunroom is the perfect relaxation or entertainment space, basked in sunlight via skylights. Marvin high quality windows and doors. Front door and side doors are iron custom. This villa boasts six/seven (easily turn one office into a bedroom with closet) spacious bedrooms and six bathrooms, including five full bathrooms and one half bathroom. Each room's layout is thoughtfully designed to ensure a perfect blend of comfort and functionality. All six bathrooms are finished with high-quality marble tiles, and some feature Onyx countertops, adding an extra touch of luxury. The second-floor master bathroom features a walk-in closet and is very dramatic and large. Additionally, the second-floor master bathroom has a 10' tri-ceiling. The entire house is equipped with a high-efficiency electric hot water boiler and central AC, ensuring a comfortable living environment year-round. This home is situated on a 0.45-acre garden, offering a spacious and bright outdoor area. It includes a large outdoor deck perfect for barbecues, and the backyard is very private. The location is incredibly convenient, being just a two-minute walk from the elementary school on a tranquil road. Attic has a potential 1000 sq. ft. extra to finish. A must see home!

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List Price: $4,218,000

41 Wildwood Road, Scarsdale
Exceptional New Construction Colonial in Scarsdale with room for a pool. The perfect opportunity to customize your new sophisticated home in Quaker Ridge and work along with Scarsdale's Premier Luxury Builder. This custom designed floor plan features 10 foot ceilings on the first floor and 9 foot ceilings on the second floor. The first floor entry hall opens to a living room with fireplace, formal dining room, chef’s kitchen with stainless steel appliances and custom cabinetry, a family room with doors to patio, first floor guest bedroom and bath, powder room and two car garage. The second floor features a luxurious master suite and spa bathroom, three additional bedrooms with en-suite baths and laundry room. The finished lower level has a recreation room, bedroom/office and full bath. Bus to all schools. Buyer to pay NYS transfer tax.

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List Price: $4,550,000