109 W Park Avenue, Pearl River, NY, 10965 | $1,600,000

Perched into the hillside overlooking Pearl River, this exceptional, one-of-a-kind property offers a rare blend of ultra-luxury living, income potential, and long-term upside. Featuring two fully renovated single-family homes on one expansive lot - this is a true lifestyle investment with unmatched versatility. The main residence is a showpiece - designed to impress, while remaining warm and functional. Offering 3 bedrooms and 2. 5 bathrooms, the home is flooded with natural light through oversized windows, accentuating high ceilings, new hardwood floors, and refined finishes throughout. The chef-inspired kitchen is outfitted with heated floors, high-end finishes, and custom accent lighting, flowing seamlessly into an elegant dining room, a sophisticated living room with a stone fireplace and dry bar, and a bright, versatile sunroom that can easily serve as a home office. Upstairs features three spacious bedrooms, two full bathrooms – one with a steam shower, and a convenient laundry room closet. A private balcony provides the perfect vantage point for sunrise coffee or sunset unwinding. The fully finished lower level basement expands your options with a second laundry area, workshop, storage, and an open layout ready to adapt to your vision - home gym, playroom, office, media room, or more. This home is as efficient as it is beautiful, featuring new Andersen windows throughout, spray foam insulation, and high-efficiency AC and boiler systems - keeping you cool in the summer and warm all winter long. Step outside to over half an acre of professionally landscaped grounds. Enjoy a Trex deck, tiered retaining walls, curated gardens, and a private hot tub retreat - all surrounded by lush greenery for ultimate privacy. Tucked away on the same property, the cottage offers its own private oasis and serious value-add potential. With separated parking, fenced yard, paver patio, and privacy hedging, it lives like an entirely independent residence. Inside, you’ll find cathedral ceilings, a loft-style layout, new tile flooring, updated kitchen and bath, sunroom, in-unit laundry - and a charming natural wood-burning fireplace that anchors the space with warmth and character. Whether you’re looking to offset your mortgage, accommodate extended living, or secure a high-demand rental, the possibilities here are endless. Located just minutes from downtown Pearl River - with its Blue Ribbon school system, vibrant restaurants, shops, farmers markets, and easy access to bus and train - this is truly the best opportunity the area has to offer. Exceptional - Flexible - Valuable - This is Pearl River at its absolute finest.

Features

  • Rooms: 17
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Laundry: In Basement, In Hall, Multiple Locations
  • Style: Colonial, Cottage, Mediterranean
  • Year Built: 1926
  • Garage: 1-car
  • Heating: Baseboard, Natural Gas, Radiant, Radiant Floor
  • Cooling: Central Air
  • Basement: Bilco Door(s), Finished, Storage Space, Walk-Out Access
  • Approx Sq. Feet: 3,009
  • Acreage: 0.58
  • Est. Taxes: $18,786
  • Elem. School: Lincoln Avenue School
  • Middle School: Pearl River Middle School
  • High School: Pearl River High School
  • School District: Pearl River
  • Appliances: Stainless Steel Appliance(s)
  • MLS#: 996824
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/996824/109wparkavenue_pearlriver_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 Atlantic Hudson Realty Inc   Phone: 845-638-1114

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@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!
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109 W Park Avenue, Pearl River, NY, 10965

$1,600,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,280,000 $1,280,000 $1,280,000
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 $1,566 $1,566 $1,566
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,168 $7,777 $10,715
Total Monthly Payment $8,859 $9,468 $12,406

* 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.