880 Forest Avenue, Rye, NY, 10580 | $4,995,000

Set on a beautifully landscaped acre in Rye’s Milton Point neighborhood, 880 Forest is a meticulously maintained classic shingle-style residence with timeless curb appeal. Set back from the road, a sweeping driveway leads to the inviting facade, framed by mature trees, stone accents, and lush gardens that create a private setting. The home showcases exceptional craftsmanship and architectural detailing throughout. A gracious entry foyer features rich hardwood floors & finely scaled moldings, immediately setting the tone for the home’s enduring character. Generously proportioned rooms are enhanced by high ceilings, including coffered and beamed treatments, oversized windows, and custom millwork. The main living areas are anchored by fireplaces w/marble surrounds, creating defined yet fluid spaces ideal for both everyday living and entertaining. The kitchen seamlessly blends period-inspired design w/modern functionality, distinguished by beadboard accents, an expansive mahogany island, and a dramatic ceiling w/skylights and exposed beams. A sun-filled breakfast area and adjoining family room open to the rear patio and yard, offering a seamless indoor-outdoor connection. Throughout the 1st level, attention to detail is evident in the paneling, built-ins, stair detailing, and ceiling treatments, resulting in a cohesive and inviting floor plan that balances warmth & refinement. Upstairs the private primary suite is defined by a vaulted ceiling and abundant natural light. The spa-inspired bath features a freestanding soaking tub, oversized glass-enclosed shower, custom cabinetry, and radiant heated floor, complemented by 2 generous walk-in closets. The remainder of the 2nd floor features 4 well-proportioned bedrooms, including one with an ensuite, a well-appointed hall bath, and a dedicated home office or flexible living space. A gallery-style balcony overlooks the family room below, while a charming reading nook adds both function and character to this inviting upper level. Outdoors, expansive patios, beautifully maintained lawns, and serene outdoor living spaces offer exceptional privacy, all just moments from the water, private clubs, downtown Rye, and schools. This remarkable residence delivers modern luxury while honoring its early 20th-century charm in one of Rye’s most desirable settings.

Features

  • Rooms: 10
  • Bedrooms: 5
  • Baths: 3 full / 1 half
  • Laundry: Laundry Room
  • Style: Colonial
  • Year Built: 1904
  • Garage: 3-car
  • Heating: Hot Water, Hydro Air, Natural Gas, Radiant, Radiant Floor
  • Cooling: Central Air
  • Basement: See Remarks
  • Approx Sq. Feet: 5,933
  • Acreage: 1.01
  • Est. Taxes: $60,885
  • Lot Desc: Back Yard, Front Yard, Interior Lot, Landscaped, Level, Near School, Sprinklers In Front, Sprinklers In Rear
  • Elem. School: Milton School
  • Middle School: Rye Middle School
  • High School: Rye High School
  • School District: Rye City
  • Appliances: Dishwasher, Disposal, Dryer, Gas Cooktop, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer, Indirect Water Heater, Wine Refrigerator
  • MLS#: 955230
  • Days on Market: 11 days
  • Website: https://www.raveis.com
    /eprop/955230/880forestavenue_rye_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.Listing courtesy of Houlihan Lawrence Inc.   Phone: 914-967-7680

William Raveis Family of Services

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888.699.8876

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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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

880 Forest Avenue, Rye, NY, 10580

$4,995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@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 $3,996,000 $3,996,000 $3,996,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.259% 6.164%
Monthly Tax Payment $5,074 $5,074 $5,074
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $22,689 $24,280 $33,721
Total Monthly Payment $27,888 $29,479 $38,920

* 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.