32 Penny Lane, Scarsdale, NY, 10583 | $1,575,000

Spectacular 5-bedroom Contemporary in the highly sought-after Edgemont School District, perfectly situated on over half an acre of beautifully landscaped grounds. This exceptional home offers resort-style living at its best with custom pool and spa, fully equipped heated outdoor kitchen with dual BBQs and refrigerators—truly an entertainer’s dream! Flooded with natural light, the home showcases striking architectural windows in an expansive family room with gas fireplace, custom built-ins, and access to deck for easy entertaining. The open kitchen overlooks the stunning backyard and features a double oven, 5-burner range, and abundant counter space, ideal for both everyday living and hosting guests. The lovely primary suite provides a peaceful retreat with en-suite bath and oversized tiled shower. Two additional bedrooms with custom closets and built-ins, plus a full hall bath, complete the second level. The lower level, with sliding glass doors to the backyard oasis, offers a recreation room with fireplace, dedicated home office with two custom desks and shelving by Handcraft Cabinetry, additional bedroom and full bath ideal for guests, nanny, or extended family, plus a full gym and cedar closet which offers great storage. Ideally located near Scarsdale Metro-North, shopping, parks, and schools. This remarkable home combines privacy, sophistication, and the very best of suburban living!

Features

  • Rooms: 11
  • Bedrooms: 5
  • Baths: 3 full
  • Laundry: Inside
  • Style: Raised Ranch
  • Year Built: 1974
  • Garage: 2-car
  • Heating: Forced Air
  • Cooling: Central Air
  • Basement: Finished
  • Approx Sq. Feet: 3,220
  • Acreage: 0.53
  • Est. Taxes: $38,968
  • Lot Desc: Back Yard, Landscaped, Level, Near Public Transit, Near School, Near Shops, Private, Secluded, Sprinklers In Front, Sprinklers In Rear
  • Elem. School: Greenville
  • Middle School: Edgemont Junior-Senior High School
  • High School: Edgemont Junior-Senior High School
  • School District: Edgemont
  • Pool: In Ground, Pool Cover
  • Appliances: Dishwasher, Dryer, Freezer, Gas Cooktop, Refrigerator, Stainless Steel Appliance(s), Washer, Indirect Water Heater, Wine Refrigerator
  • MLS#: 964572
  • Days on Market: 11 days
  • Website: https://www.raveis.com
    /prop/964572/32pennylane_scarsdale_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 Berkshire Hathaway HS NY Prop   Phone: 914-723-5225

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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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

32 Penny Lane, Scarsdale, NY, 10583

$1,575,000

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 $1,260,000 $1,260,000 $1,260,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 6.235% 6.058%
Monthly Tax Payment $3,247 $3,247 $3,247
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,056 $7,656 $10,548
Total Monthly Payment $10,428 $11,028 $13,920

* 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.