Bidding Wars in Scarsdale? You Bet!
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- Category: Real Estate
I thought my eyes were playing tricks on me. When I looked at this week's home sales I noticed that not one, or two, but three of the homes sold had gone for more than the asking price. I also heard stories of a Greenacres home that went on the market one weekend and received six offers within two days and from another seller who reported potential buyers fighting to buy his house.
To find out more we asked Lewis Arlt, Brokerage Manager at Houlihan Lawrence for an explanation and here is what he shared:
"Yes, the market is hopping. There have been several multiple bid situations, and that reflects strong buyer demand. Inventory is still relatively low, but it's growing. There are now 106 single-family homes actively on the market is Scarsdale, 20 arriving in the last week alone. Well-priced properties get instant attention, and offers. Of the 56 properties currently in contract for sale, 6 went into contract in the last two weeks, and another 11 went from Conditional Contract to Pending status. In our office, over a dozen homes had an offer accepted by the seller during the same period."
Notice that the homes in demand appear to be those priced between $900,000 and $1.3 mm. Sellers with more pricey houses have not had the same experience.
Here are this week's sales – with the listing and sale prices!
153 Brite Avenue: (Pictured above) Greenacres gem: Enjoy a glass of lemonade on the covered front porch! This six bedroom, 3.5 bath colonial home is ideally situated in the heart of Greenacres. Everything has been updated; roof, windows, hot water heater, kitchen, baths, central air, in-ground sprinklers, porch, patio.
List Price: $1,249,000
Sale Price: $1,370,000
Real Estate Taxes: $31,218
25 Innes Road: Lovely light filled Tudor on .88 flat acre walk to town and school. This 1930's home has large formal rooms with beautiful light and period charm. The large living room has a lovely fireplace and adjoins a charming porch with cathedral ceiling. The second floor has a large master with bath. Two additional bedrooms and bath complete the second floor. The third floor has two bedrooms, bath and a family room. The lower level has two large rooms with high ceilings, windows and a full bath.
List Price: $1,295,000
Sale Price: $1,510,000
Real Estate Taxes: $30,491
13 Circle Road: Lovingly maintained brick center hall Colonial located on an ultra charming quiet road in Fox Meadow. This much beloved residence with its welcoming ambiance features large, bright spacious rooms, a wood-burning fireplace, hardwood floors, French doors and a scenic deck off of the kitchen. Situated on a rustic .30 acre with a rock garden and mature trees, this welcoming home is just steps away from Scarsdale Village.
List Price: $989,000
Sale Price: $995,000
Real Estate Taxes: $22,298
53 Carthage Road: Architectural splendor! Extensive stonework, high ceilings, moldings. Refined elegance with new kitchen, new bathroom and expansion possibility.
List Price: $975,000
Sale Price: $935,000
Real Estate Taxes: $16,925
Featured Listing: 1 Castle Walk, Scarsdale
Pristine custom built Colonial with high-end finishes, soaring ceilings and custom millwork. This home boasts 6,200 square feet of living space on 1/2 acre of manicured property. Master suite has dual walk-in closets, sitting room and luxurious bath. Oversized sunlit dine-in kitchen with granite counters, center island and Rutt cherrywood cabinets. Enjoy entertaining with 2 family rooms, 2 fireplaces, media/game room and library. Dramatic freeform Shoreline pool with hot tub, waterfalls and stone patio. Learn more here:
List Price: $2,790,000
Featured Listing: 30 Fairview Road, Scarsdale
Wonderful sunny home in Greenacres located on a dead end next to a cul-de-sac. House was renovated in 2004 and 2011. Open floor plan with great views of .38 acre. Front porch, entrance hall, powder room, living room with French doors to patio, incredible kitchen, dining room, family room with cathedral ceiling, French door to patio, lovely master bedroom suite with ultimate bathroom, tray ceiling, 4 additional bedrooms. Walk-out lower level with great laundry room and second family room with fireplace. Learn more here:
Sale Price: $1,729,000
Early Spring Sales
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- Category: Real Estate
Looks like the spring market is already in full swing: Here is what sold this week:
165 Brite Avenue: Traditional center hall colonial in Greenacres. Sundrenched home with sliders to two-tiered backyard and perennial gardens, along with vaulted ceilings, and skylights add charm, grace and presence to this classic home. Deck runs full length of house and has built in benches and lighting. Kitchen, baths, family room and library have been updated with finest quality tiles, fixtures and cabinetry.
Sale Price: $1,325,000
Real Estate Taxes: $33,378
15 Fox Meadow Road: Mediterranean in Fox Meadow on nearly half acre with 6 bedrooms, 4.1 baths. Grand, sun-drenched home boasts large, tall windows and French doors throughout the first floor and 4 fireplaces. An expansive Great Room has exquisite ornate railing, dramatically high ceilings, grand fireplace and tall French doors surrounding the room. 6 bedrooms on 2nd level, include master suite with fireplace and Hollywood bathroom.
Sale Price: $1,220,000
Real Estate Taxes: $27,515
50 Andrea Lane: Bright and beautiful home perfectly maintained with many updates on a gorgeous level half-acre of park-like property. This 3 bedroom, 2 1/2 bath split style home features gleaming hardwood floors, high ceilings, new windows, stainless steel appliances plus more, all overlooking a picturesque view of the backyard.
Sale Price: $860,000
Real Estate Taxes: $23,432
15 Herkimer Road: Story book stone front Colonial with large level beautifully landscaped property, slate roof and brick patio on a private tree lined street in Quaker Ridge. This home features a large modern eat-in-kitchen with cherrywood cabinets, formal dining room with French doors, large living room with fireplace and custom moldings and door to heated sunroom. Two master suites on second floor.
Sale Price: $881,000
Real Estate Taxes: $20,180
Featured Listing: 8 Springdale Road, Scarsdale
Move right into this spacious colonial in the heart of Quaker Ridge. Many updates throughout including a kitchen/family room with center island, top of the line appliances and custom cabinetry, newly landscaped, window treatments, lighting fixtures and ceiling speakers in 6 rooms, custom closets. Close to Aspen Park and 5 Corners. Learn more here:
List Price: $2,195,000
Featured Listing: 15 Sycamore Road, Scarsdale
Handsome stone English Tudor set on .34 acre with level private back and side garden. Modern dine-in-kitchen with custom cabinetry, wine fridge and two dishwashers. Beautiful living room with beamed cathedral ceiling and fireplace. Spacious lower level with fireplace, playroom and custom wine cellar. Sliding glass doors to stone patio overlooking gorgeous property. Fabulous curb appeal. Learn more here:
List Price: $2,495,000
Will This House Be Razed?
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Another historic home, named in the Cultural Resources Survey Report by Li/Saltzman Architects and Professor Andrew M. Dolkart, is on the market. 5 Sherebrooke Road, a 6,300 square foot home on 5.31 acres has been listed at $6.850,000.
According to the report, the original owner of the 1902 home was probably W.C. White. The architectural historians find the house notable due to the following features:
This large, 2.5-story wood Colonial Revival house has two impressive elevations. The entrance front, facing away from Sherbrooke Road has a doorway set beneath a modest pedimented portico. The façade is articulated with multi-pane windows and has shallow projecting side pavilions. To the right of the entrance is a large window, probably lighting the stair. The garden front, facing the road, has a trio of arched French doors on the first story. The house is crowned by a sloping roof with large pedimented dormers on each slope.
The current listing is brief and fails to mention any interior features of the home: Here is the description from the Julia B. Fee/Sothebys website:
One of the most glorious properties in Scarsdale. Classic Residence, situated on 5.31 acres in the Heathcote Estate area. Expansive fields of green, mature trees, total privacy, tennis court. Ample room for expansion and swimming pool. Property is non-divisable. Estimated real estate taxes are $79,463.
Will this home meet the same fate as its neighbors at 3 Sherbrooke Road and 1 Duck Pond Road ... razed and replaced with a new McMansions? While the Village ponders possible preservation laws, developers are busy demolishing some of Scarsdale's oldest homes.
Featured Listing: 21 Berkeley Lane, Scarsdale
Move right in to this sparkling colonial on a quiet street in Edgemont. This quality built home has gleaming hardwood floors, high ceilings & has been meticulously maintained by current owner. Versatile layout includes 1st floor master bedroom w/built in bookshelves and renovated bath, 3 additional bedrooms & bath on the second floor, plus a room and bath in the finished lower level. Fabulous enclosed/screened porch with treetop views. Learn more here:
List Price: $845,000
Featured Listing: 103 Sprague Road, Scarsdale
Beautifully maintained and updated. Wonderful kitchen with Corian counters, new appliances and new windows to let in the sunlight. Many amenities throughout including California closets, hardwood floors and extensive recessed lighting. Great location. Learn more here:
List Price: $920,000
Village Committees to Consider New Homes, Demolitions and Changes to the Preservation Law
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If you're interested in Scarsdale real estate, here are three meetings you might want to attend next week: The Board of Architectural Review meets on Monday night February 25 at 7:30 pm. On the calendar are proposals for three new houses at the following addresses: 23 Vanderbilt Road, 9 Seneca Road and 9A Hamilton Road. If you leave nearby you may want to go and review the plans.
On Tuesday night February 26, the Committee for Historic Preservation will meet to consider applications to demolish the following homes:
- 4 Windmill Circle
- 55 Greendale Road
- 235 Rock Creek Lane
- 119 Cushman Road
- 1 Woodland Road
- 15 Herkimer Road
And on Wednesday night, February 27, there will be a a joint meeting of the Scarsdale Board of Trustees Law and Land Use Committees at 6:00 pm to consider amendments to Village Code regarding historic preservation.
Here are recent sales:
1 Stratton Road: Quaker Ridge (Pictured above) Split centrally located near recreation, school, shopping and bus. Entry foyer, spacious living room with fireplace and bay windows, dining room, large modern eat-in kitchen, family room with vaulted ceiling. Second floor master bedroom with bath, two bedrooms and bath. Lower level paneled den, playroom, storage, laundry and utilities.
Sale Price: $689,000
Real Estate Taxes: $18,292
16 Warnke Lane: This six bedroom, ranch style home on 3/4 of an acre has lots of space and is bright, airy and open. The kitchen was updated and has a center island, breakfast nook, desk area and stainless steel professional grade appliances. There are three full baths and six bedrooms. There is a huge lower level family room with wood burning fireplace, wet bar and access through sliding glass doors to the expansive back yard.
Sale Price: $692,500
Real Estate Taxes: $27,569
147 Juniper Road: Charming split level home nestled on a cul-de-sac. Terrific curb appeal, beautiful hardwood floors throughout, eat in kitchen with sliding glass doors leading to a large covered stone patio, living room with bay window, all new windows, new hall bath, cozy family room on lower level with versatile basement area make this the perfect home. Walking distance to elementary school and commuter bus. Level property.
Sale Price: $605,000
Real Estate Taxes: $18,913
Featured Listing: 15 Rutland Road, Edgemont
Extraordinary premier Cotswold home with gorgeous gardens. Exceptional in quality, updates, layout, space and proportion. Archways, elegant moldings and panels, window seats, French doors, replaced leaded windows, large hallways. Wide planked oak floors are a small part of the detail. Constructed of granite with a Ludovicci tile roof. Great patio and yard (room for play sets and stone porch Exquisite basement with fabulous kitchen, wine cellar, family room/media room, gym/storage. Learn more here:
List Price: $2,750,000
Featured Listing: 2 Burgess Road, Scarsdale
Gracious young Center Hall colonial situated on impressive Murray Hill street. This house is bright and open with large rooms and open floor plan. The gourmet kitchen, family room and dining room all have Southern exposures with views of the lovely property. The lower level has 2 bedrooms, full bath and plenty of play/exercise space. Convenient location, close to school, library, public tennis court and Village of Scarsdale. Learn more here:
List Price: $2,175,000
Committee for Historic Preservation to Consider Fate of Six Homes
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The Scarsdale Village Committee for Historic Preservation will meet to discuss the fate of six homes on February 27. If they are not found to meet the criteria for preservation, they will be history! An application has been filed by KOS Building LLC to combine the lots of two of the homes, 119 Cushman and 1 Woodland Road into a six lot subdivision that would run along Garden and Cushman Roads that will be considered at at meeting of the Scarsdale Planning Board, also on Wednesday February 27. Since the area is located on a wetlands, they have applied for wetlands permits to build new homes on these lots. Check out these homes while they are still standing:
The addresses are as follows: 
4 Windmill Circle, built in 1925
55 Greendale Road, built in 1926
235 Rock Creek Lane, built in 1951
119 Cushman Road, built in 1946
1 Woodland Road, built in 1946
15 Herkimer Road, built in 1938
Recent Sales
7 Oakstwain Road: Premier Greenacres Colonial of incomparable beauty, quality and size with classic proportions and exquisite architectural details sited on a stunning professionally landscaped 0.64 acres. Special features: Ultra kitchen with professional appliances and stone counters, laundry, 9' ceilings, second floor screened porch, pool, hot tub and cabana with bath and kitchenette, interior painted, roof and gutters replaced, circular driveway.
Sale Price: $1,837,500
Real Estate Taxes: $34,394Featured Listing:19 Cambridge Road, Scarsdale
Charming, sun-filled center hall colonial on .47 of an acre of beautiful, level, private property in sought after Greenacres. This quality built and beautifully maintained home features spacious room sizes, gleaming hardwood floors, arched doorways, crown moldings and two fireplaces. Square footage shown does not include 500 additional square feet in the above ground finished lower level. Fabulous curb appeal. Move right in. Learn more here:
List Price: $1,550,000
Featured Listing: 17 Highridge Road, Scarsdale
A classic with updates that make it beautiful and appealing to all. This home provides quality, space and flow throughout. The center hall layout offers views to the back gardens and golf course. Traditional living room with fireplace and bookshelves, bright sunroom, Kitchen with large table area and counter seating, pantry, mudroom and finished basement. Private yet convenient location on a gorgeous street. Learn more here.
List Price: $1,699,0
