138 Arthur Avenue, Thornwood, NY, 10594 | $949,000

Welcome to 138 Arthur Avenue, a rare opportunity in the heart of Thornwood offering flexibility, space, and tremendous upside potential in one of Westchester County's most desirable communities. Lovingly maintained and cared for by the same family for more than 40 years, this is the type of property that buyers wait for. While the home offers tremendous value as it stands today, it also presents an exciting opportunity for a new owner to add their own personal touches and create something truly special. One of the most unique features of the property is its versatile layout, offering two distinct living areas that create an ideal setup for multigenerational living. Whether accommodating extended family, creating private guest quarters, or simply enjoying additional flexibility, the layout provides options that are increasingly difficult to find in today's market. The home also benefits from separate central air systems serving the different living areas, providing comfort and functionality throughout. For buyers with vision, there may also be an opportunity to explore conversion to a legal multifamily property, subject to approvals and requirements through the local municipality. Buyers are encouraged to conduct their own due diligence regarding future use possibilities, but the potential exists for those willing to navigate the process. Outside, your private backyard oasis awaits. The saltwater pool creates the perfect setting for summer entertaining, family gatherings, and relaxing weekends at home. Combined with the spacious outdoor areas, this is a property designed to be enjoyed both inside and out. What makes this opportunity especially compelling is the balance between current value and future potential. The home has been exceptionally maintained, yet there remains room for cosmetic updates and personalization that could significantly enhance both enjoyment and long-term value. For the buyer who can see beyond paint colors and finishes, this property offers the chance to unlock substantial equity through thoughtful improvements while benefiting from a location that continues to see strong demand. Situated in the highly sought-after Mount Pleasant community, you'll enjoy easy access to shopping, dining, parks, recreation, major highways, Metro North transportation options, and everything that makes Westchester County one of the most desirable places to live in the region. Whether you're searching for a multigenerational living solution, a property with future income potential, or simply a well-built home with outstanding upside, 138 Arthur Avenue delivers a combination of flexibility, location, and opportunity that is rarely available. Bring your vision, make it your own, and don't miss the opportunity to secure a property with exceptional long-term potential in one of Westchester's most desirable communities.

Features

  • Rooms: 11
  • Bedrooms: 6
  • Baths: 4 full
  • Laundry: In Hall
  • Style: Contemporary
  • Year Built: 1938
  • Heating: Baseboard, Other
  • Cooling: Central Air
  • Basement: Finished
  • Approx Sq. Feet: 3,099
  • Acreage: 0.23
  • Est. Taxes: $17,702
  • Elem. School: Columbus Elementary School
  • Middle School: Westlake Middle School
  • High School: Westlake High School
  • School District: Mount Pleasant
  • Pool: Above Ground, Pool Cover, Salt Water
  • Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
  • MLS#: 1007027
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/1007027/138arthuravenue_thornwood_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.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Kristaliz CorderoSales Associate

203.815.6397

Kristaliz.Cordero@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Kevin DeTullioVP, Mortgage Banker / Production Manager, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1724767

203.305.5736

Kevin.DeTullio@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

Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@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

Diane PadelliInsurance Sales Director, William Raveis Insurance

203.444.0494

Diane.Padelli@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
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

138 Arthur Avenue, Thornwood, NY, 10594

$949,000

Kristaliz Cordero

Sales Associate

William Raveis Real Estate

Phone: 203.815.6397

Kristaliz.Cordero@raveis.com

Kevin DeTullio

VP, Mortgage Banker / Production Manager

William Raveis Mortgage, LLC

Phone: 203.305.5736

Kevin.DeTullio@Raveis.com

NMLS Mortgage Loan Originator ID 1724767

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $759,200 $759,200 $759,200
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 $1,475 $1,475 $1,475
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,251 $4,613 $6,355
Total Monthly Payment $5,818 $6,180 $7,922

* 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.