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The Deals and Duds of Westchester's Real Estate
Dec 18, 2008
02:03 PM
The Speculator

Has Anything Sold?

The real estate market, like just about every other market (financial market, job market, even the supermarket), is going through a downturn. We revisited six homes that were profiled in a few previous blogs to see if any bucked the downtrend and sold. Sorry to say, we’re batting 0 for 6.

 

Holly Hill

November 26th blog

The 13-bedroom Briarcliff Manor home of philanthropist and socialite Brooke Astor, Holly Hill, remains on the market for $12.9 million. It was first listed November 12th after more than a year of legal wrangling by family members.

Sale Price: $12.9 million
Price/sq ft: $1,184.79
Zoning: 1.5-acre lots
Address: Scarborough Road, Briarcliff Manor
Style: Colonial (English Manor)
Exterior: Stone
13 BR, 9 full baths, 2 half baths, 10,888 sq ft
Acres: 64.6
Year Built: 1927
Taxes: $201,430
School System: Briarcliff Manor

Unique Features: cream and black marble floor in entry hall, all main rooms have 11-foot ceilings, brass hardware, one-person elevator, pickled oak paneled library, six marble fireplaces, four-bedroom gardener’s cottage, greenhouse, carriage house with chauffeur’s apartment, hayloft barn, indoor and outdoor pools, root cellar, hot tub, seven garage bays, pond, historic and architectural pedigree
Minuses: kitchens and bathrooms need updating
Agent: David Turner, Sotheby’s International Realty, Katonah (914) 767-9685

 

Great Estate

September 18th blog

This 1929 European Manor located in the historic Guard Hill section of Bedford and placed for sale the week of September 15th for $21.9 million, has yet to find a buyer.

List Price: $21,900,000
Price/Sq Ft: $3,650
Address: 524 Guard Hill Rd, Bedford
Style: Colonial
Exterior: Stucco
7 BR, 5 full baths and 2 half baths, 6,000 sq ft
Acres: 9.2 acres
Year Built: 1929
Taxes: $117,816
School System: Bedford (Fox Lane)

Pluses: second floor study with fireplace, 5 BR Federal-Era (1780) style guesthouse, vintage carriage house including a 3 BR caretaker’s suite and five bay garage, Har Tru tennis court, pool, rose gardens, orchard, pond
Minuses: septic, basement unfinished
Listing Agent: Ghy Manning, Bedford Village (914) 234-9099; ghy10506@aol.com

 

New to Market

Sept 11th Blog

The four homes in this blog went on the market the first week of September 2008. Not only have none of them sold, the Colonial in Rye had a serious price adjustment recently (from $2,595,000 to $1,995,000) and the Tudor in Scarsdale was taken off the market and will likely be relisted soon. “We are showing it a lot,” says realtor Michele Flood, referring to the Rye Colonial. “Especially now with the new price under two million. It is a tough market to sell any property these days.”

 

Golf Course Colonial

List Price: $1,995,000
Original List Price: $2,595,000
On Market Since: Sept 2008
Price/Sq Ft: $688
Address: 181 Soundview Ave, Rye
Style: Colonial
Exterior: Shingle, Wood
4 BR, 3 full and 1 half bath, 3,769 sq ft
Acres: .25
Year Built: 2004
Taxes: $28,281
School System: Rye

Pluses: view of Rye Golf Course, high ceilings, nine-foot ceilings throughout first floor, master bedroom suite with large walk-in closet and custom bath with Jacuzzi, additional 1,000 sq ft in lower level is finished with two rec rooms, office area, and full bath
Minuses: street in transition, occasional golf ball in yard
Listing Agent: Michele Flood, Coldwell Banker, Rye (914) 967-0059/(914) 420-6468

 

Tudor with Curb Appeal

List Price: Off the Market (was listed at $2,695,000)
Price/Sq Ft: $714
Address: 24 Sage Terrace, Scarsdale
Style: Tudor
Exterior: Stone
4 BR, 4 full and 1 half bath, 3,773 square feet
Acres: .33
Year Built: 1938 (redesigned 2005)
Taxes: $46,993
School System: Scarsdale

Pluses: professional kitchen, hardwood floors throughout, library, beamed cathedral living room with fireplace, Waterworks bathroom, close to park and Greenacres school, walk-in closets, two stone patios
Minuses: could use one more bedroom, plus high taxes
Listing Agent: Jennifer Baldinger Coldwell Banker, Scarsdale (646) 522-0293/(914) 723-3340 ext 30 Jennifer.Baldinger@cbmoves.com

 

Irvington Clapboard Colonial

List Price: $3,395,000
On Market Since: Sept 2008
Price/Sq Ft: $485
Address: 3 West Hudson Rd, Irvington
Style: Colonial
Exterior: Clapboard
5 BR, 5 full and 1 half bath, 7,000 sq ft
Acres: 1.6
Year Built: 1910
Taxes: $65,362
School System: Dobbs Ferry

Pluses: hardwood floors, spacious family room, 2-car garage, 14 total rooms, black-and-white checkerboard tile foyer
Minuses: high taxes
Listing Agent: William Ford-Sussman, Ye Village Realty, Dobbs Ferry (914) 693-5476; bill.ford-sussman@cbmoves.com

 

Privacy in Pound Ridge

List Price: $1,679,000
On Market Since: Sept 2008
Original List Price: $1,679,000
Price/Sq Ft: $265.59
Address: 240 Eastwoods Rd, Pound Ridge
Style: Colonial
Exterior: Clapboard
4 BR, 4 full, 1 half bath, 6,322 sq ft
Acres: 3.13
Year Built: 1987
Taxes: $21,139
School System: Bedford Central

Pluses: two-car garage, large deck, gourmet kitchen, finished lower level, secluded neighborhood
Minuses: not close to a business center/shopping
Listing Agent: Daniel Milstein, Coldwell Banker, Bedford (914) 234-3647; daniel.milstein@cbmoves.com

About This Blog

John B. Turiano

John B. Turiano
White Plains, NY

Ever since purchasing a condo at 10 Stewart Place in White Plains in 1999 (and seeing an approximately 300% rise in value over the subsequent years), John Bruno Turiano has been in love with real estate. His idea of an exciting Saturday night is watching a marathon of Flip this House.

He also sleeps with the New York Times Real Estate section under his pillow.

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