38 Sage Terrace, Scarsdale, NY, 10583 | $5,600,000

Young Colonial-Style Luxury Home in Greenacres. Opportunity knocks as the original owners offer this exceptional 2016 Colonial-style residence, featuring sophisticated design, soaring ceilings, and luxury finishes throughout. Ideally situated in the heart of the Greenacres neighborhood within the highly sought-after Scarsdale Union Free School District, and just moments from the Purple Ribbon Award-winning Greenacres Elementary School, this elegant home offers convenient access to top-rated schools, the Hartsdale Metro-North station, and Scarsdale Village. Designed for both comfortable living and gracious entertaining, this high-end home features six spacious bedrooms, each with its own private en-suite bathroom, including a desirable first-floor bedroom suite. The luxurious primary suite boasts a tray ceiling, two walk-in closets, and a private balcony overlooking the backyard. The spa-like primary bathroom features a floating soaking tub and an oversized walk-in shower. A second-floor laundry room adds everyday convenience. The main level offers beautifully proportioned living spaces ideal for both formal entertaining and relaxed everyday living. A large formal dining room showcases high-end decorative millwork and refined architectural detail. The formal living room features an elegant gas fireplace, while the casual family room with a wood-burning fireplace provides a warm and inviting gathering space. The chef’s kitchen is beautifully appointed with a large center island, premium appliances, two sinks, a dining area overlooking the yard, a butler’s pantry, and a walk-in pantry—perfect for both daily living and entertaining. The finished lower level is a true standout, thoughtfully designed as an extension of the home’s living space. Highlights include a stylish lounge with a full wet bar, wine and beverage refrigerators, and decorative aged wood beam accents. A humidity-controlled wine cellar with capacity for six barrels, along with a complete pub capable of storing up to 400 bottles of your spirit of choice, creates an exceptional entertaining environment. This level also includes a new powder room, casual family room, gym, two home offices, and an additional laundry area. Outdoor living is equally impressive, featuring a private, level backyard designed for year-round enjoyment. The property includes a 365-day heated pool and spa, heated patio, built-in outdoor kitchen with barbecue, beverage and wine refrigerators, firepit, and mature landscaping that provides both privacy and beauty in every season. Additional highlights include a high-end Sonos sound system, Ring security system with doorbell and 14 cameras including Flood Lighting, a three-car garage equipped with electric vehicle chargers, a new driveway, and quality construction throughout. This exceptional Greenacres home offers the perfect blend of luxury, comfort, and convenience in one of Scarsdale’s most desirable neighborhoods.

Features

  • Rooms: 15
  • Bedrooms: 6
  • Baths: 7 full / 2 half
  • Style: Colonial
  • Year Built: 2016
  • Garage: 3-car
  • Heating: Hydro Air, Natural Gas
  • Cooling: Central Air
  • Basement: Finished, Full, Storage Space, Walk-Out Access
  • Approx Sq. Feet: 8,814
  • Acreage: 0.56
  • Est. Taxes: $99,523
  • View: Neighborhood
  • Elem. School: Greenacres
  • Middle School: Scarsdale Middle School
  • High School: Scarsdale Senior High School
  • School District: Scarsdale
  • Pool: In Ground, Outdoor Pool, Pool Cover, Pool/Spa Combo
  • Appliances: Dishwasher, Dryer, Freezer, Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer, Wine Refrigerator
  • MLS#: 961368
  • Days on Market: 11 days
  • Website: https://www.raveis.com
    /eprop/961368/38sageterrace_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 Julia B Fee Sothebys Int. Rlty   Phone: 914-725-3305

William Raveis Family of Services

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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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38 Sage Terrace, Scarsdale, NY, 10583

$5,600,000

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 $4,480,000 $4,480,000 $4,480,000
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 $8,294 $8,294 $8,294
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $25,087 $27,221 $37,503
Total Monthly Payment $33,506 $35,640 $45,922

* 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.