48 Mustato Road, Katonah, NY, 10536 | $995,000

Timeless character meets endless possibility in this classic Katonah Colonial, set on a 1. 6-acre lot just minutes from town, train, and schools, this classic Colonial offers space, privacy, and the perfect foundation to create your dream home. A gracious full-length front porch sets the tone, offering a warm welcome and the perfect perch to enjoy the property’s peaceful surroundings. Inside, a timeless layout unfolds with bright gathering spaces, a cozy den, and a flexible office or potential bedroom conveniently located near the kitchen. The second floor features the primary bedroom plus two additional bedrooms, providing a comfortable and cohesive sleeping level. On the third floor, two large finished rooms offer space for guests, creative studios, or home offices — allowing the home to live like a five-bedroom. A screened porch opens to a flagstone patio overlooking the side yard — an inviting spot for morning coffee or relaxing summer evenings. A three-car detached garage adds rare versatility, ideal for hobbyists, car enthusiasts, or a future studio. The property also includes an in-ground pool area currently not in use and ready for complete redesign, offering potential to create a private backyard oasis. Located in the highly regarded Katonah–Lewisboro School District, and close to major highways and Metro-North, this home combines classic architecture with a serene setting and unbeatable location — ready for its next chapter.

Features

  • Rooms: 10
  • Bedrooms: 4
  • Baths: 2 full / 2 half
  • Laundry: In Basement
  • Style: Colonial
  • Year Built: 1925
  • Garage: 3-car
  • Heating: Radiant, Steam
  • Cooling: Wall/Window Unit(s)
  • Basement: Bilco Door(s), Full, Unfinished, Walk-Out Access
  • Approx Sq. Feet: 2,926
  • Acreage: 1.6
  • Est. Taxes: $25,031
  • Elem. School: Katonah Elementary School
  • Middle School: John Jay Middle School
  • High School: John Jay High School
  • School District: Katonah-Lewisboro
  • Pool: Yes
  • Appliances: Dishwasher, Dryer, Freezer, Gas Cooktop, Gas Oven, Refrigerator, Washer
  • MLS#: 928889
  • Days on Market: 100 days
  • Website: https://www.raveis.com
    /mls/928889/48mustatoroad_katonah_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

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Kristen CuddyLicensed Real Estate Salesperson

914.261.3935

Kristen.Cuddy@Raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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Brian ShahwanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 2166562

302.293.7433

Brian.Shahwan@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Ryan FortierInsurance Sales Director, William Raveis Insurance

516.739.7731

Ryan.Fortier@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

48 Mustato Road, Katonah, NY, 10536

$995,000

Kristen Cuddy

Licensed Real Estate Salesperson

William Raveis Real Estate

Phone: 914.261.3935

Kristen.Cuddy@Raveis.com

Brian Shahwan

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 302.293.7433

Brian.Shahwan@raveis.com

NMLS Mortgage Loan Originator ID 2166562

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $796,000 $796,000 $796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.235% 6.058%
Monthly Tax Payment $2,086 $2,086 $2,086
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,520 $4,837 $6,663
Total Monthly Payment $6,698 $7,015 $8,841

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.