Home Sales Steady in Scarsdale for 1H 2016

The sales stats for the first half of 2016 are in, and home sales overall appear to be unaffected by the revaluation in Scarsdale. For the first half of this year, 94 homes sold, as compared to 95 for the first half of 2015. However in Edgemont, where a revaluation also took place, sales are way off with 30 sales in the first half of this year as compared to 48 at this time last year. The median sale price for homes in Scarsdale is up as well – rising 14%, from $1,378,000 to $1,573,000. In Edgemont, the median sale price is down 10% from $1,085,500 to $981,500.

However, there are more homes on the market this year. In Scarsdale there are 168 active listings, with 144 homes on the market at this time last year. Edgemont has 60 homes on the market versus 54 in July of 2015.

According to local realtors Elise Flagg and Laura Miller, international news could affect the local market. "Brexit will likely have a long term impact on the economy. We do not know if U.S. real estate will be flooded with investors looking for a stable place to park their money, which would send down mortgage rates again and improve prices, or whether Brexit-fueled uncertainty could damage consumer confidence which would be a net negative for U.S. real estate. We are hoping that rates will drop again, and buyers will want to purchase now to lock in these super low rates as this opportunity may not last long."

Here's a recap of the data by price point:

Scarsdale: Since January 1, 2016
Up to $1MM: 16 active listings, 25 in contract or sold
$1-1.5MM range: 23active listings, 48 in contract or sold
$1.5-2MM range 29 active listings, 39 in contract or sold
$2-3MM range: 43 active listings,32 in contract or sold
$3-5MM range: 47 active listings, 19 in contract or sold
$5MM and up: 12 active listings, 2 in contract or sold

Edgemont: Since January 1, 2016
Up to $1MM: 11 active listings, 29 in contract or sold
$1-2MM range: 43 active listings, 27 in contract or sold
$2-3MM range: 10 active listings, 2 in contract or sold
$3MM+ range: 0 active listing, 0 in contract or sold

Sales:

10 Morris Lane

This home is on almost two acres with a gunite pool and tennis court. This renovated home has nine foot ceilings, hardwood floors, arched doorways and wainscoting. The kitchen features all new Stainless Steel appliances and a breakfast area that opens to the patio.

Sale Price: $3,566,667
Taxes: $105,518

19 Drake Road

This stone and clapboard Colonial is on a level acre in the Heathcote section of Scarsdale. The outdoor area includes a patio adorned by pillars and a yard with mature specimen plantings and room for pool. This home has a double-height entry with sweeping staircase, five gas fireplaces, a kitchen with island, two dishwashers, wine refrigerator, Sub-Zero refrigerator, Viking stove and Thermador double oven. There are seven bedrooms and five bathrooms on the second floor and there is a full lower level that can be finished. This home has nine and ten foot ceilings.

Sale Price: $3,300,000
Taxes: $95,723

18 Drake Road

This new six bedroom, five and a half bath 5,600 square foot Colonial was completed in late 2014. It has custom millwork and top of the line appliances. 2015 enhancements include extensive landscaping, plantation shutters throughout, media/theater room, wine cellar, master dressing room, two fireplaces, hardwood floors and a master suite with fireplace.

Sale Price: $2,700,000
Taxes: $62,094

55 Griffen Avenue

This brick Georgian colonial includes Palladian style windows, vaulted ceilings, and a walk out lower level, which features a family room with a stone fireplace and a surround sound speaker system. There is separate bar with custom carved mirrored oak wet-bar and wine refrigerator, a full bedroom and bath, sauna and steam shower plus a second laundry room. There is an in ground pool and a garden. There is four zone heat and air conditioning.

Sale Price: $2,150,000
Taxes: $61,172

26 Hampton Road

This classic center hall Colonial is on .54 acre in Fox Meadow. There is a living room with fireplace, sunroom, formal dining room, powder room, modern eat-in kitchen with center island, family room, backstairs to second floor, and an attached two car garage. On the upper level, there is a master bedroom with full bathroom, plus four additional bedrooms and two full bathrooms. The lower level offers a playroom, laundry room, utilities and storage space. The patio is in a landscaped garden.

Sale Price: $1,975,000
Taxes: $40,478

130 Carthage Road

This updated, expanded Ranch home on two-thirds of an acre is in the Heathcote section of Scarsdale. The entry foyer opens to the living room, the gourmet kitchen with professional style appliances and center island, which is open to a family room on one side and dining room on the other. There is a deck overlooking the property beyond the dining room. The paneled den has a fireplace, and there is a covered porch. On the main floor is a master bedroom with a master bath and closets, two additional bedrooms and full bath. Upstairs are two bedrooms and a full bath and the lower level has a laundry area, playroom, storage and a garage.

Sale Price: $1,750,000
Taxes: $32,162

368 Heathcote Road

This renovated home has a top-of-the-line chef's kitchen with custom, eco-friendly Executive Cabinetry, four-burner Wolf gas range with infrared charbroiler and Wolf ventilation system. There is a SubZero French door refrigerator/freezer, Miele dishwasher, Rohl fixtures, Shaws original fire clay apron sink, hand-crafted backsplash, natural Quartzite countertops, custom wood built-in breakfast table, plus storage and pantry. There is a wood burning fireplace with marble surround, hardwood floors on first and second floors, a marble powder room, Rohl and Koehler fixtures and custom vanities. There are custom finished closets, a master bedroom with a sitting area and 8 1/2 foot ceiling, a custom marble bath with radiant heated floor, Anderson windows, state-of-the-art hard wired security system, three zone heat and air conditioning, CAT-5 wiring, and a multi-zone lawn sprinkler system with digital control panel.

Sale Price: $1,700,000
Taxes: $26,042

8 Reynal Crossing

This renovated Cape Colonial with an open plan kitchen/family room features a center island, six burner Wolf range, and access to the flagstone patio and yard. The kitchen/family room flows into the large living room with fireplace. A home office with custom built-ins (originally the formal dining room), powder room, marble topped bar and mud room complete the first floor. The second floor showcases a master suite with tray ceiling, marble bath with double sinks, shower and walk-in closet, plus two bedrooms and a hall bath. The fourth bedroom with full bath is located off the back stairs. The basement features a finished playroom, laundry and storage. This home is newly painted inside and out, has hardwood floors, new windows and custom Hunter-Douglas blinds.

Sale Price: $1,435,000
Taxes: $28,408

3 Valley Road

This center hall colonial home is on a quiet street that backs up to a nature preserve. There are five bedrooms, four of which are on the second floor and all are corner rooms. Two of the bedrooms share a sun deck. The fifth bedroom is on the third floor with its own bath. The first floor has a fireplace in the living room, a sun room, a formal dining room and a kitchen with top of the line appliances, has access to a wooded deck and a private backyard. There is also a recently constructed detached garage with a work space at the end of the driveway.

Sale Price: $1,242,000
Taxes: $19,168

9 Wagon Wheel Road

This ranch home has a choice of Scarsdale/Mamaroneck School District. This home includes a formal living room and dining room. The kitchen features an eat-in area that has a bay window with views of the backyard. The laundry room is located off the kitchen, along with a bedroom and a full bathroom. The kitchen leads to a family room featuring a wood burning fireplace and access to a slate patio with a built-in outdoor BBQ. The lower level adds an additional 839 square feet and includes a full bath.

Sale Price: $1,070,000
Taxes: $24,561

Edgemont:

167 Clayton Road

This 2005 center hall colonial is located in the Edgemont school district. It has a gourmet kitchen, a double story entry foyer, a master suite with a custom TransFORM walk-in closet, a master bath with a steam shower and double vanities, three additional bedrooms on the second floor, and a lower level with a walk out basement, exercise area, play area with radiant floor heating, laundry room, mud area, and full bathroom. There is a two car attached garage leading into the mud area.

Sale Price: $1,510,000
Taxes: $42,887

109 Edgemont Road

This 4,126 square foot Tudor on 0.49 private acres in the heart of Old Edgemont features six bedrooms, three and a half baths, a new steam boiler, tank less infinite hot water system, chef's eat-in kitchen with professional stainless steel appliances, custom cabinetry and French doors to the deck and property. There is a renovated third floor bathroom with radiant heated floor.

Sale Price: $1,493,000
Taxes: $22,442

9 Rock Hill Lane

This is an opportunity to build a new house on .66 acre. This home is being sold in as is condition.

Sale Price: $749,000
Taxes: $35,487

Featured Listings:

2 Rectory Lane, Scarsdale

This extraordinary residence, built in 2013 by one of Scarsdale's premier builders, has been fully landscaped, outfitted and decorated with the ultimate in luxury, quality and design. Like stepping into the pages of architectural digest and within a short walk of Scarsdale shops/train, this Fox Meadow Colonial boasts 7 bedrooms, 6.2 baths, high ceilings (10ft on 1st floor), walls of windows, open floor plan, extensive millwork, ornate wall coverings, sophisticated finishes and a flat, private backyard. Dramatic entry hall with view of lush yard, oversized formal rooms, 2 fireplaces, eat-in-kitchen with wolf range and breakfast banquette and adjacent family room with built-ins are highlights on the 1st floor. Exquisite master suite with Juliet balcony, custom dressing room and luxurious master bath, laundry, 4 additional bedrooms and 3 baths are on the 2nd floor. Third floor with bedroom/office and full bath. Lower level has a playroom, gym, bedroom, and 1.1 baths. Move right in and enjoy! For more information, click here.

List Price: $3,895,000

3 Edgewood Road, Scarsdale

Attractive Storybook Tudor with modern layout ready to be customized by second generation local builder. This home will project a perfect blend of old world charm with all the modern interior finishes and ideal layout including huge open kitchen that flows into a breakfast area and family room with French doors to covered blue stone porch. There will be hardwood floors, detailed millwork and thoughtful appointments throughout this over 4000 square feet home. The second floor master suite has a walk in closet and luxury bath waiting for a buyer to choose the perfect finishes. There are 3 additional bedrooms including one en suite and Jack and Jill bathroom and second floor laundry. The lower level will be finished with a playroom, office, bedroom and full bath and plenty of storage. Two car detached garage and level private backyard with professional landscaping. Conveniently located a short walk to Edgewood elementary school/playground and Scarsdale Village and train. Ready for Spring 2017. For more information, click here.

List Price: $1,999,000

41 Paret Lane, Hartsdale

This country estate harmoniously blends a stunning renovation with botanical splendor, featuring the finest finishes, architectural detail and rare two acre park-like private property. This exquisite home boasts generous proportions throughout, featuring a sophisticated and comfortable elegance with perfect flow for grand entertaining and casual living. Highlights include the richly appointed state of the art kitchen, inviting family room with custom cabinetry, and master suite with luxurious spa bath, dressing room, fireplace, sitting room and balcony overlooking the property. The idyllic setting captivates indoors and out, with interiors opening to terraces and balconies overlooking the professionally landscaped grounds with pool, cabana, hot tub, gazebo and specimen plantings. Nestled on a tranquil cul-de-sac close to parks, schools, shops, dining and train, this home offers resort style living with an easy 30 minute NYC commute. It's a wow. For more information, click here.

List Price: $1,695,000

42 Penny Lane, Scarsdale

Sophisticated contemporary style Edgemont home with open floor plan and high ceilings perfect for today's buyer. New sleek high-end kitchen with quartz counters, custom cabinetry, top-of-the line appliances, built-in table, all open to family room with built-in Sub-zero wine fridge (132 bottles). Spectacular state of the art media room perfect for entertaining and relaxing. More special features include: new whole house built-in sound system inside and out, all new windows, new roof, new exterior cedar shingles, new doors, new floors in the master bedroom, new garage doors, new driveway, new master bath, custom closets, new bamboo floors in the lower level, two family rooms, and updated systems. Beautiful level half acre property close to elementary school and bus to train. Don't miss out on this fabulous home! For more information, click here.

List Price: $1,295,000

Open Houses:

2 Hickory Lane, Scarsdale
Sunday, 7/17, 11:00-4:00 pm

Come visit this impressive light-filled Colonial, completely re-built and expanded in 2000 to an uncompromising standard of excellence, set on a gorgeous acre of level land in the heart of Fox Meadow with a stunning pool! This home is ideally located in a well-established neighborhood on a sought after tree-lined street, walking distance to schools, Scarsdale public library, Metro North train, and downtown Scarsdale and Hartsdale. The first level features formal entertaining rooms built using the finest craftsmanship and detail, in addition to a phenomenal layout for everyday living in the open plan kitchen/family room overlooking the beautifully landscaped and private grounds. The second level boasts an expansive master suite containing a bedroom with a fireplace and tray ceiling, luxurious bath, office, three walk-in closets plus four additional bedrooms and three full baths. The lower level includes a great playroom, wet bar and half bath. Don't miss this Scarsdale gem! For more information, click here.

List Price: $4,195,000

2 Harvest Drive, Scarsdale
Sunday, July 17, 2-4:00pm

Exquisite custom home to be built with exceptional architectural details and ideal floor plan in convenient location. Grand two story entry hall with formal living room with fireplace, dining room, Huge eat-in-kitchen with breakfast area and family room with french doors to patio. There is also a mudroom and access to two car garage from first floor. The master bedroom suite has his and her walk in closets, there are 4 additional bedrooms all with their own en suite bathrooms. The laundry room is also on the second floor. The lower level is an additional 1966 square feet that will be finished and customized with potential for a playroom, gym, office bedroom, and a full bath. This is an opportunity to work with a local builder who lives in the community and will work with a potential buyer on every detail of customizing this home in an ideal location. For more information, click here.

List Price: $2,995,000

8 Murray Hill Road, Scarsdale
Sunday, 7/17, 12 noon - 2:00pm

This home has a first floor bedroom, a balcony, deck, eat in kitchen, elevator, fenced yard, formal dining room, foyer, granite countertops, hardwood floors an in ground pool, laundry room, master bath, powder room, sprinkler lawn system, storage, walk in closet, wet-bar, and a workshop. It is close to bus transportation, the park, school, shops, the community pool, and community tennis courts. For more information, click here.

List Price: $2,395,000

18 Coralyn Road, Scarsdale
Sunday, July 17, 1-3:00pm

Brand new 5 bedroom, 4.5 Bath Colonial to be built with ideal open floor plan perfect for entertaining, with dream eat-in-kitchen, large family room with fireplace, formal dining room, living room and garage with mudroom. Hardwood floors, beautiful moldings and quality craftsmanship throughout. Second floor features fabulous master bedroom suite with trey ceiling, large walk-in closet, and luxurious spa bath, plus 3 additional bedrooms. Second floor laundry. Finished lower level with bedroom, playroom/exercise room and full bath. Enjoy outdoor entertaining on your stone patio overlooking the lovely level backyard. This brand new home is located in the world-renown Scarsdale school district with free bus to schools, walk to commuter bus to train, and beautiful parks nearby. Move right in and enjoy all the wonderful things that Scarsdale has to offer! For more information, click here.

List Price: $1,899,000

10 Crossway, Scarsdale
Sunday, 7/17, 1:00-3:00pm

Move right in to this exquisite, fully renovated four-bedroom, 3.5 bath Colonial home with circular driveway in sought after Heathcote neighborhood. The first floor boasts a sun-filled Living Room with window bench and built-ins; formal Dining Room; gourmet Eat-In Kitchen w/ Quartz countertops, Carrera tile backsplash and stainless steel appliances that opens into a Family Room with wood burning fireplace refaced with Jerusalem stone and Quartz mantel and patio doors to a 900sf Gossen PVC deck with AZEK railings and a level yard. Completing the first floor is a mudroom and powder room. The second floor has modern master suite with built-ins, walk-in-closet and renovated bath, as well as three large bedrooms and a stunning new hall bath with glass tiles. Fully finished basement with nearly 1,100 square feet of additional space including a playroom and full bath. This modern home is equipped with a full-house generator with ATS, LED lighting through-out, new Pella Windows, security cameras, a fenced-in yard and a two-car attached garage outfitted with Gladiator storage system. For more information, click here.

List Price: $1,495,000

167 Bradley Road, Scarsdale
Sunday, 7/17, 12 noon - 2:00pm

Move right in to this updated three bedroom Colonial on a beautiful street within walking distance to neighborhood park and playground. Boasts renovated eat-in-kitchen and baths, beautiful hardwood floors and large rooms throughout. Square footage includes the third floor. The ideal location nearby to school and transportation plus it's superior condition and comfortable space makes this the perfect place to call home. For more information, click here.

List Price: $799,000