Homebuyers’ Paradise

The bad news for homeowners: single-family home prices and sales are at two-year lows. The good news for homebuyers: bargains abound.



Buy low, sell high. That old axiom is in full force in our housing market, where record lows have spurred great deals for those with the cash and credit to buy.

WAS: $9,900,000


NOW: $5,320,000

Price/sq ft: $507.29
Address: 11 Upper Dogwood Ln, Rye
8 BR, 8 full and 4 half baths, 10,487 sq ft
Acres: 2.49
Taxes: $108,697 
Pluses: Private location overlooking Apawamis Golf Course, walking distance to downtown Rye and the Metro-North, free-form pool and pool house, hot tub, stone patio, gym, wet bar, two-car garage
Minuses: Garage is far from the kitchen.
Agents: Francine Klingenstein, Julia B. Fee Sotheby’s International Realty, Rye
(914) 921-9230; Liz Ross, Houlihan Lawrence, Rye (914) 967-7680


WAS: $2,295,000


NOW: $1,649,999

Price/sq ft: $397.35
Address: 115 Lakeshore Dr, Eastchester
5 BR, 4 full and 1 half baths, 4,150 sq ft
Acres: 0.3
Taxes: $28,683 
Pluses: Part of the private Lake Isle Estates, pool/lake/boating membership available for purchase ($650 additional yearly fee)
Minuses: Shared driveway
Agent: Martie M Hambas, Julia B Fee Sotheby’s International Realty, Scarsdale (914) 725-2999


WAS: $6 million


NOW: $4,325,000

Price/sq ft: $432.50
Address: 837 Mount Kisco Rd, Armonk
5 BR, 6 full and 2 half baths, 10,000 sq ft
Acres: 3.12
Taxes: $64,730 (Estimated)
Pluses: Pillared and gated entry, stone courtyard, custom millwork, pool w/spa, apple orchard, elevator, game room, wet bar, gym, four-plus-car attached garage, flat property, close to school, priced lower than comparable homes
Minuses: Long driveway off a well-traveled road
Agent: Barbara Dunn, Houlihan Lawrence, Armonk (914) 273-9505


 

WAS: $1,329,000


NOW: $975,000

Price/sq ft: $256.58
Address: 3 Highland Ave, Sleepy Hollow
4 BR, 3 baths, 3,800 sq ft
Acres: 0.48
Taxes: $24,425
Pluses: Custom cabinetry in granite/stone kitchen, private courtyard
Minuses: Backyard adjacent to Route 9
Agent: Dalia Valdez, Julia B Fee Sotheby’s International Realty, Scarsdale (914) 772-8002


WAS: $1,825,000

NOW: $1,375,000

Price/sq ft: $327.38
Address: 39 Church Tavern Rd, South Salem
4 BR, 3 full and one half bath, 4,200 sq ft
Acres: 5.2
Year Built: 2000
Taxes: $29,745 
Pluses: Custom millwork, gourmet kitchen with state-of-the-art appliances, generator, heated Gunite pool, pool deck and gazebo, three-car garage
Minuses: Unfinished basement
Agent: Ken Sobel, Prudential Holmes and Kennedy Real Estate, Katonah (914) 232-3700