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Don't miss this once-in-a-generation opportunity to acquire a five-bedroom, four-bathroom architectural showplace featuring a sun-splashed single-level layout and room to grow on a 1. 6-acre private poolside oasis in Scarsdale's desirable Heathcote estate district. Designed and built in 1950 by Edgar Tafel, Frank Lloyd Wright's long-time apprentice and protege, this midcentury modern masterpiece welcomes you inside with a gracious foyer including the natural materials — swaths of wood, stone tile and brick — integral to Wright’s iconic style. Ahead, a sun-splashed living room invites you to relax and entertain alongside a gorgeous brick fireplace and walls of windows framing wooded views. A cozy alcove wrapped in windows is perfect as a media lounge or reading nook. Across the living space, a large dining area features handsome built-ins and direct access to the spacious kitchen. Chefs will enjoy generous cabinetry, stainless steel appliances, leafy vistas, and a large breakfast nook. Past the kitchen, a utility area leads to the terracotta family room wrapped in oversized closets. Imagine the space as a rec room, playroom, fitness space or all of the above. Head to the beautifully arranged bedroom wing to find an expansive primary suite that opens to its own patio area overlooking the pool. The king-size primary bedroom is joined by an extra-large, custom walk-in closet and an en suite bathroom with a large tub/shower, double vanity and linen storage. Three spacious and bright secondary bedrooms with roomy closets share two more full bathrooms in this wing, while an oversized walk-in hall closet ensures storage will never be a concern. Off the family room, another bedroom and full bathroom are perfect for guests. Throughout the main-level living spaces, you’re tempted outside by a series of patios perfect for al fresco dining and entertaining overlooking lush lawns, planter beds and towering trees. The 44-foot-by-22-foot swimming pool, surrounded by a wide sundeck, is the perfect destination on hot summer days. Located down a long driveway and positioned alongside a greenbelt, the entire park-like property enjoys exceptional privacy and seclusion. A long driveway, motor court and attached two-car garage add plenty of off-street parking to this special home. Put your personal touch on this rare architectural gem and enjoy significant expansion potential in one of Scarsdale’s most coveted neighborhoods. While it feels worlds away, this Heathcote home is surrounded by country clubs, houses of worship, top-rated schools, and excellent shopping. Parkways and Metro-North trains provide easy access to New York City and beyond.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 302.293.7433
Brian.Shahwan@raveis.com
NMLS Mortgage Loan Originator ID 2166562
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,396,000 | $2,396,000 | $2,396,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.121% | 6.183% |
| Monthly Tax Payment | $5,132 | $5,132 | $5,132 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $13,604 | $14,365 | $20,219 |
| Total Monthly Payment | $18,861 | $19,622 | $25,476 |
* 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.