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394 PARK Avenue, Rye, NY, 10580 | $3,495,000
PARADISE ON PARK AVENUE Introducing a spectacular home on Rye City’s prestigious Park Avenue! Hidden at the end of a long tree-lined driveway on . 43 private acres, this beautifully renovated Colonial offers exceptional privacy and timeless elegance. Originally built in 1967 and extensively reimagined under the direction of renowned local architect Paul Shainberg, every detail reflects exceptional craftsmanship and high-end finishes. Beyond the picture-perfect front porch lies 3, 793 sq ft of light-filled living space with walls of windows, fresh white oak floors and a seamless floor plan. At the heart of the home is a designer kitchen featuring premium Miele appliances, opening to a family room and California-inspired deck with built-in grill overlooking a tranquil backyard—perfect for outdoor dining and effortless entertaining. The inviting layout includes a gracious living room with one of two fireplaces, elegant dining room, welcoming foyer, mudroom and heated two-car garage with new epoxy floor. Upstairs are five spacious bedrooms including a luxurious primary suite with walk-in closet, two fitted closets and a spa-like quartz bath with radiant heated floors. Two additional bedrooms share a hall bath, while two share a Jack-and-Jill bath. A bright office with built-ins and upstairs laundry complete the second floor. The lower level provides abundant storage. Additional amenities include Sonos, EV charger and irrigation system. Close to Harrison Metro-North for an express commute to Manhattan, Rye Golf Club, Marshlands Conservancy and Osborn Elementary. Move right in!
Features
- Rooms: 9
- Bedrooms: 5
- Baths: 3 full / 1 half
- Laundry: Laundry Room
- Style: Colonial
- Year Built: 1967
- Garage: 2-car
- Heating: Hot Water, Natural Gas
- Cooling: Central Air
- Basement: Full, Storage Space, Walk-Out Access
- Approx Sq. Feet: 3,793
- Acreage: 0.44
- Est. Taxes: $45,555
- Elem. School: Osborn
- Middle School: Rye Middle School
- High School: Rye High School
- School District: Rye City
- Appliances: Dishwasher, Dryer
- MLS#: 1020710
- Website: https://www.raveis.com
/eprop/1020710/394parkavenue_rye_ny?source=qrflyer
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.
Customer Service
888.699.8876
Contact@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.
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
Jennifer HartRegional Sales Manager, William Raveis Insurance
978.457.6220
Jennifer.Hart@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
394 PARK Avenue, Rye, NY, 10580
$3,495,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $2,796,000 | $2,796,000 | $2,796,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.121% | 6.058% |
| Monthly Tax Payment | $3,796 | $3,796 | $3,796 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $15,657 | $16,763 | $23,406 |
| Total Monthly Payment | $19,578 | $20,684 | $27,327 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535