The Market Heats Up

The market for Scarsdale real estateis heating up. Whether it’s low interest rates or a tough admissions season for New York City private schools, buyers are flocking here to begin an early spring selling season. According to Elise Flagg, Associate Broker at Houlihan Lawrence, “The real estate market has seen phenomenal activity since January. Showings are higher than they have been in months. Buyers seem to be back and are responding to well-priced properties. In recent weeks there have been multiple bids on quite a few homes, a positive sign for buyers and sellers.”

Another historic home to go down? The Committee for Historic Preservation released their agenda for March 20, 2012 and it shows that 3 Sherbrooke Road, built in 1902 on 4.85 acres in Heathcote will be considered for demolition. Village records show that the 7,000 square foot home also has a pool and a tennis court. The house is directly across the street from the house on the Duck Pond that met a similar fate last year. Currently a large new house is going up on Duck Pond Road to replace the original house. (Pictured above: 3 Sherbrooke Road)

Check out these recent sales, with many in Edgemont:

4 Scarsdale Farms Road: Delightful Edgemont Colonial filled with sunlight. Set on a spectacular .49 acres, this home has been impeccably updated and maintained. Beautiful New Country French kitchen with granite counters, Thermador stove and oven, Sub Zero fridge, Bosch dishwasher family room, new Trex deck, windows, slate patio. Lower level media and play room. Ownership in private pool association.

Sale Price: $1,400,000
Real estate taxes: $37,262

145 Old Army Road: The best of both worlds...the charm and character of yesteryear but all the comfort and amenities of today's modern living. Almost an acre of land with pool and separate guest house; walk to Scarsdale village and train station as well as to the grade school, middle and senior H.S. Almost 5,000 square feet of living space on this property with 3,400 square feet in the main house excluding the finished basement. This house has been completely renovated and meticulously maintained.

Sale Price: $1,375,000
Real Estate Taxes: $37,227

390 Fort Hill Road: Beautiful, move-in condition colonial on 1/2 acre. Two-story entry with living room on right and dining room on left. Family room with fireplace, adjacent to large eat-in kitchen. First floor powder room. Second floor master bedroom suite, three bedrooms and hall bath. The 2004 addition added a jack and jill bath and a large bedroom or den.

Sale Price: $1,225,000
Real estate taxes: $43,747

7 Clubway Lane, Hartsdale: Enjoy breathtaking golf course views from this most secluded and unique location in Edgemont. This 6 Bedroom Tudor is located on a private cul-de-sac with .35 acre in a country like setting. Charm abounds in every room with leaded glass French doors, dinning room, breakfast nook, hardwood floors, dressing room, tiled porch with timbered ceiling and elegantly renovated bathrooms. Located in the award winning Edgemont school district and walk to metro north and shopping.

Sale Price: $1,095,000
Real Estate Taxes: $23,571

30 Lynwood Road: This Edgemont Tudor is only a short walk from the train, charming Scarsdale Village and award-winning schools. Features include a formal living room with fireplace, enclosed sunroom, formal dining room, eat-in kitchen, three bedrooms and two full baths. Walk-up attic offers potential for bedroom, study, or family room. Updated windows and move in condition.

Sale Price: $587,000
Real Estate Taxes: $18,052

Scarsdale:

33 Meadow Road: New Construction. Stone and shingle Colonial to be built. 5 Bedrooms, 5.1 Baths, 2 fireplaces on large level landscaped property with potential pool site, flagstone patio, 3-car garage. Spacious rooms with details throughout, nine foot ceilings. Builder can customize.

Sale Price: $2,750,000
Real Estate Taxes: TBD

104 Carthage Road: Built by one of Scarsdale's top builders. Details abound, Brazilian cherry wide plank floors, Coffered ceilings, all wood true divided light windows, huge walk up attic with 10' plus ceilings and so much more.

Sale Price: $2,650,000
Real estate taxes: $50,624


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Featured Listing: 5 Oxford Lane:
Bright open modern home situated on a cul de sac in Edgemont, nestled on more than 1/2 acre of private gardens, lawn and patio space that backs to Sunningdale Golf Club. Great space includes a dropped living room with a fireplace, large family room with built ins, a fireplace and sliding glass doors to the patio, gorgeous 5 year old kitchen tastefully done with stainless appliances and granite counters, large breakfast area, and fabulous adjoining mudroom/laundry room with pantry space and closet. Second floor has large master suite with views of the property, a walk in closet, 2 additional closets and an updated bathroom with "jacuzzi" and shower. There are 3 additional bedrooms with generous proportions and closets. The full basement includes a large playroom. media room/ family room, a full bathroom and another finished room which can have a variety of uses. List Price: $999,999. Learn more here:

Featured Listing: 5 Rocky Hollow Drive, Larchmont
Spectacular, gracious, sun-drenched Center Hall colonial on 1.27 private acres with pool. 8 bedrooms and 6.1 baths. High ceilings, hardwood floors, 2 story entry hall, circular staircase, beautiful moldings, music system, 4-zone heat and central air. Professional cook's kitchen with 2 subzeros, center island, granite countertops. Fabulous floor plan. Excellent storage including many cedar closets, Light and open. Master suite with luxurious bath and walk in closets. List Price: $4,500,000. Learn more here: