Third Quarter Real Estate Report Plus an $8mm Sale

Third quarter real estate stats are out from William Pitt/Julia B Fee and show that the number of home sales in Scarsdale has fallen from this time last year, but that the median sales price is way up. Interpreting the numbers, the company’s chairman, Paul E. Breunich points out that 2021 was “the best performing market in recent memory,” due to the pandemic and remote working and learning. Therefore, the number for 2022 are a comparison to the prior year which was a truly exceptional time.

In Scarsdale, year-to-date, single family home sales for 2022 are 233, vs. 305 at this time last year, a 24% decrease. The median sales price went from $1,746,000 to $1,965,000, an increase of 13% over the last 12 months. However, inventory is down 26% with only 40 homes on the market as of September 30, 2022.

Edgemont also has a decrease in inventory, where there are 27 homes on the market, a 7% drop from this time last year.Yet single family home sales have increased, with 87 homes sold to date this year vs. 77 at this time last year an increase of 31%. The median sales price for the prior 12 months rose 7% from $1,193,000 to $1,275,000.

Here’s what sold this week. Wow.

Sales
185 Heathcote Road
This 10,000+ square foot home delivers living with a blend of elegance, architectural detail on 2.27 acres in the Heathcote Estates. The finishes and technology create luxury in this home with high ceilings and craftsmanship. Enjoy home court advantage in this estate where recreation is always in season with indoor and outdoor basketball courts and a 20X50 pool with jacuzzi overlooking the pool house for guests. Inside the main residence the sweeping staircase introduces a family room with a 20' ceiling with 2 balconies. Chefs will flock to the kitchen with center island, with multiple ranges, wall ovens, dishwashers, refrigerators & freezers. Work from home in the library with back stairs off the owners suite. 3 car garage, staff quarters, Lutron controls, 5 fireplaces, slate roof in exceptional location.
Sale Price: $8,287,500
Real Estate Taxes: $162,015
Assessed Value: $6,423,450

4 Fairview Road
New home to be built! Opportunity to customize a 5 bedroom Center Hall Colonial in the Greenacres section of Scarsdale! This home with 9' ceilings on 1st and 2nd levels has a 2- story entry w/ living room and dining room. The kitchen has a ctr island, dining area and is open to the family room w/ gas fpl and door to deck for outdoor dining. Additionally, there is a food pantry, mudroom, butler's pantry and pdr rm. Upstairs, the mstr bedroom has a tray ceiling, 2 closets and spa bath w/polished nickel hardware, cabinetry, 2 sinks, stall shower and tub. There is a bedroom w/tray ceiling, closet and bath, 2 bedrooms w/shared bath and a laundry rm. On the lower level w/ 11 FOOT ceilings is a bedroom/office and playroom with windows and doors to the patio, and yard as well as storage area. First Floor: 2021 square feet - Second Floor 2234 square feet - Lower Level 1563 square feet.
Sale Price: $2,895,000
Real Estate Taxes: N/A
Assessed Value: $837,125

231 Madison Road
New home has it all! Interior square feet measures 4462 with an floor plan on the first floor with 10 ' ceilings including: entry foyer with cathedral ceiling living room/dining room, kitchen with breakfast area/family room with gas fireplace, plus a study/office, mudroom, two car garage, all on the first level. Second floor: 9' ceilings- master bedroom with two closets, bathroom/double sinks, soaking tub/separate shower and three additional bedrooms with their own bathroom and laundry room. Finished lower level: 9' ceilings, fifth bedroom/bath. Plus on the third floor: playroom with full bathroom. Patio off kitchen with a 30' deep backyard for entertaining. Pick your finishes and move right in! Great local builder.
Sale Price: $2,595,000
Real Estate Taxes: $100
Assessed Value: $750,000

126 Birchall Drive
This stone Colonial on an acre on Birchall Drive, in the Murray Hill estate section of Scarsdale, has just come to market after 40 years. The first level features a entry foyer, den/office with a French door to a side patio, bookshelves and a bay window, living room with a wood-burning fireplace surrounded by bookshelves and an adjoining sunroom with sliding doors to a deck, dining room, butler's pantry with wet bar, kitchen/family room with island, family powder room with laundry and powder room plus a side door and back stairs. The second level boasts a primary suite with French door to a roof deck overlooking the property, a dressing area and en-suite bath, bedroom, hall bath, two additional bedrooms (one with bonus play area/study) and a Jack-and-Jill bath. Walk-up attic. The lower level includes an above ground recreation room with bar, stone fireplace and bookshelves and bench, storage/possible mudroom, utilities and two-car attached garage. The property is over an acre of green lawns and plantings. An opportunity to live in Murray Hill and enjoy the acclaimed schools.
Sale Price: $2,300,000
Real Estate Taxes: $43,398
Assessed Value: $1,725,000

9 Horseguard Lane
Nestled on a lane in the heart of Fox Meadow Neighborhood – this painted colonial home built by a premier builder in 2005 has the design for modern living. The center located kitchen has the setting for family chat and casual meals. Extended through the French door, the family/garden room is surrounded with windows. Daylight and the view of the backyard make it a cozy place for family gathering. South facing living room and master suite are filled with sunshine throughout the year. Many versatile living spaces and bedrooms are more than enough to meet all family needs, including remote working spaces. The finished basement has 2 separate rooms, a full bathroom and a living space that can serve as a fun area for exercising, game and entertaining. This house is ready.
Sale Price: $2,220,000
Real Estate Taxes: $43,614
Assessed Value: $1,729,188

26 Meadow Road
Park Avenue meets Scarsdale in this 5,000 SF home nestled on a cul-de-sac directly overlooking Quaker Ridge Golf Course. This home boasts design, quality & a good layout. Landscaped .48 acre property, w/room for a pool, the home blends interior space w/ property. An entry hall opens to a living room w/wall of windows, a dining room & a mahogany paneled family room w/fireplace.There is a center island/SS appliances & marble countertops in the kitchen. Views of the golf course are enjoyed from the sun, surrounded by floor-to-ceiling windows. The primary bedroom features dual marble bathrooms, a dressing room/closet & an outfitted home office. Additional features include circular driveway, hardwood floors, & windows w/ UV protection.
Sale Price: $2,160,000
Real Estate Taxes: $35,222
Assessed Value: $1,400,000

23 Autenrieth Road
Fox Meadow Colonial sitting on a half acre. This 1911 south-facing home is filled with light. Upon entering this Central Hall, you’ll find the LR and DR with the addition of a sunroom on one end of the main floor and a den on the other – either of which would make home offices. Through the butler’s pantry is the north-facing kitchen with skylights and windows, offering views of the backyard. A riot of color in the spring, with the flowering of mature crabapple trees, lilac bushes and azaleas. The border gardens sport lilies of the valley, hostas, spirea, peonies and more. This is a very livable home. Whether you are ready to enjoy this Colonial, or prepared to launch this home into 2022, the location of this property cannot be beat.
Sale Price: $2,050,000
Real Estate Taxes: $40,356
Assessed Value: $1,600,000

31 Butler Road
Half acre located in the heart of Fox Meadow, with 167' frontage. An opportunity to build new or expand and make this existing 3 bedroom, 3 bath home your own. Neighborhoods easily support forever homes. First time on the market in 60 years. Make your Scarsdale dreams your reality.
Sale Price: $1,750,000
Real Estate Taxes: $29,055
Assessed Value: $1,160,700

38 Lawrence Road
Tudor Colonial in a neighborhood on a street in Heathcote. Inside you are welcomed by a living area and upgrades including millwork and recessed lighting. The kitchen overlooks the breakfast area with skylights and a family room with sliders to the deck with built-in gas line for cooking and conversation. The first floor also boasts a home office, living room with fireplace, powder room & dining room. Upstairs, there is a bedroom suite with an ensuite bath, & three additional bedrooms, plus a hall bath. Enjoy upgrades such as millwork & built-ins, recessed lighting & oak wood flooring. The lower level completes this home with a recreation room & laundry. An opportunity to own a home in the heart of Heathcote close to all.
Sale Price: $1,480,000
Real Estate Taxes: $30,454
Assessed Value: $1,370,645

10 Griffin Avenue
Be settled in by the start of the school year! Set back through stone pillars and surrounded by plantings, this 5 bedroom, 4.2 bath home offers privacy set on a .63 acre lot. The entrance foyer sets the stage for all the rooms. Enjoy cooking in the renovated kitchen while having your morning coffee at the granite island, or the separate breakfast room. Gatherings can dine while witnessing a sunset in the dining room. The screened in porch off the living room is for entertaining w/before or after dinner drinks. Plenty of room for fun BBQs on the slate patio. Upstairs is the primary bedroom suite w/ bath, including closet, vanity desk, sky light, separate tub, and walk-in shower. There are 4 more bedrooms (2 w/en suite baths) and hall bath. Back staircase to kitchen and 1st floor laundry room. Extra 1200 sq ft in basement. Street lined w/multi-million dollar homes!
Sale Price: $1,434,000
Real Estate Taxes: $33,965
Assessed Value: $1,350,000

7 Rural Drive
Delight in this classic center hall colonial in a Quaker Ridge neighborhood on almost a half acre. The entry foyer opens to a living room with wood burning fireplace, dining room, kitchen, 1st floor laundry and updated powder room. A family room with built-ins and sliding glass doors lead to a screened porch overlooking grounds. The second level boasts a primary bedroom suite with an updated primary bathroom, 3 additional bedrooms and an updated hall bathroom with a double sink. Second level has hardwood floors under carpet. Amenities include an attached 2 car garage, new wood shingle siding installed in 2018, roof replaced 2010, new gas fired furnace installed in 2017, 2 zone central air & 2 zone gas heat. Walk-out lower level. Taxes without STAR. 
Sale Price: $1,394,000
Real Estate Taxes: $33,700
Assessed Value: $1,339,500

10 Dunham Road
Welcome to this Tudor style home with craftsmanship and perfect proportions. Located in the Sherbrooke Park neighborhood of Scarsdale, it is light filled with windows, and large sized rooms throughout, hardwood floors in many rooms. The flow and quintessential Tudor detailing will make living here both comfortable and delightful. Featuring five bedrooms and three and a half baths (plus an additional basement fixture) there is room for all. The fifth bedroom on the third floor could be commandeered as a home office, and there is even a full bath on this floor! The unfinished basement offers opportunities for personal pursuits, working out or play. Come see for yourself to explore the possibilities in an area of Scarsdale, convenient to everything.
Sale Price: $1,360,000
Real Estate Taxes: $26,944
Assessed Value: $1,125,000

98 Brewster Road
Greenacres gem not to be missed. LOW TAXES make the living easy. Side hall colonial with largely sized rooms, hardwood floors throughout and the ideal layout. Enjoy making meals in the kitchen while others can relax in the family room. Or prepare a barbecue on the deck in your backyard. Primary bedroom with ensuite bath on the second floor, along with three additional bedrooms. Garage has walk-up stairs to an above storage area which could be made into a studio/office. This home is ready for you.
Sale Price: $1,275,000
Real Estate Taxes: $19,503
Assessed Value: $885,208

15 Argyle Road
Nestled on a street in Edgemont, this brick and stucco Colonial features comfort and charm. High ceilings, renovated kitchen, bathrooms, windows, heating/cooling system. This home boasts a slate roof, arched doorways, and beamed ceiling. Hardwood floors. Deck with panoramic views. Property is .26 acres with a deck. Recreation area with showers in the basement is not included in square footage. Central air conditioning. Close to all.
Sale Price: $775,000
Real Estate Taxes: $23,883
Assessed Value: $706,200

Featured Listings





168 Ferndale Road, Scarsdale PO/Edgemont
4 Bedrooms, 2.1 Bathrooms, 2,814 Square Feet
This fabulous home in Edgemont's desirable "ABC" neighborhood offers a great layout and is only two blocks to Greenville Elementary School. The minute you open the door the natural light welcomes you into the double height foyer leading to large living room, formal dining room and newly renovated chef's kitchen with stainless steel Viking appliances, quartz countertops, slow-close cabinet drawers, seating for five opening to the large family room with a beautiful stone mantle around the fireplace. First floor also has a powder room, laundry and mudroom to two car garage. The open stairway leads up to large primary bedroom with tray ceiling, two walk-in closets, bath, three generous bedrooms and large hall bath. Features include: natural wood floors with custom vent covers throughout, new hot water heater and furnace, Ring doorbell/camera and floodlights in front and back, fenced-in yard, French drains, house wired for generator on a separate circuit breaker to accommodate 80% of the house. Lower level has fantastic potential, with 1200 square feet and high ceilings. The neighborhood and home are truly special - the ice cream truck comes around and there are blueberry bushes in the backyard. Do not miss out on this opportunity!
Click here for more information
Sale price: $1,395,000






25 Doris Drive, Scarsdale PO/Edgemont
4 Bedrooms, 3 Bathrooms, 2,075 Square Feet
Located on a premiere, tranquil cul-de-sac, this move-in-ready home is close to schools, Crane Duck Pond, train and village via a walkable shortcut. The first level features a living room with a wood-burning fireplace and large picture window, opening out to a covered stone porch and dining room. The sleek and modern eat-in kitchen features custom cabinets and granite countertops with a door to the deck and private yard, making it perfect for outdoor entertaining, barbecuing and relaxation. The second floor features a large primary bedroom with private bath and dressing area, two bedrooms and hall bath. Lower level features family room, bedroom (currently used as an office) with walk out door to the backyard, full bath and a door to a two car garage. The basement, which is NOT included in the square footage, provides versatile space and ample storage. Enjoy the tranquility and privacy on the .23 acre level property with lush landscaping, mature plantings, tall trees and flowering shrubs. Easy commute to Grand Central Terminal via Metro North. Gas heat. CAC. A must see!
Click here for more information 
Sale price: $999,980