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Listing provided courtesy of Compass Greater NY, LLC - MLS#H6243451Sold by Julia B Fee Sothebys Int. RltyMLS Provider
Contact Information: 914-353-5570

5 Magnolia PlaceRye, NY 10580

Single Family · 6 Beds · 7 Full Baths · 7,133 Sq. ft. | 1.00 Acres

$5,775,000 Pending

Overview

Time on Site:
221 days

Frank Lloyd Wright inspired, fully renovated in 2016, this 6 bedroom, 7 bath mid-century gem encompasses over 7,000 square feet. Situated on a beautifully landscaped, 1-acre lot at the end of a cul-de-sac in desired Milton Point. Entering, you are greeted by a grand foyer with a 2-story ceiling and original floating circular mahogany staircase. Continue to the grand room with soaring ceilings, custom mahogany bookshelves, dramatic fireplace, and full wall of windows to the back deck, gardens, and pool. Next, the bright and modern dining room and chef's kitchen, equipped with 3 prep areas, top-of-the-line appliances, quartz countertops and gray onyx waterfall and backsplash. 1st floor also boasts an oversized family room opening to the eat-in kitchen, a library, and two en-suite bedrooms. Upstairs are 3 additional en-suite bedrooms and a home office. Lastly, escape to the primary suite up its own private staircase. Note: The sqft does not include the over 4,000sqft unfinished basement.

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Facts & Features

  • Type Single Family
  • Sq. ft. 7,133
  • Price/Sq.ft. $809
  • Lot 1.00 Acres

General

School Information
  • School District: Rye
  • Elementary School: Milton School
  • Middle Or Junior School: Rye Middle School
  • High School: Rye High School
Building Information
  • Year Built: 1969
Location/Region
  • County Or Parish: Westchester
  • MLS Area Minor: 99
  • Postal City: Rye
  • Township: Rye
Rent/Lease Information
  • Lease Considered: No
Tax Information
  • Tax Annual Amount: 66941
  • Tax Assessed Value: 60500
General Information
  • Parcel Number: 1400-153-014-00001-000-0035
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No

Interior

Parking Information
  • Garage Spaces: 3
  • Garage: Yes
Beds/Baths
  • Bathrooms Full: 7
  • Bathrooms Half: 0
  • Bathrooms Total: 7
  • Bedrooms Total: 6
Building Interior
  • Building Area Units: Square Feet
General Information
  • Basement: Full,Unfinished,Walk-Out Access
  • Common Walls: No Common Walls
  • Fireplace: Yes
  • Fireplaces Total: 4
  • Heating: Natural Gas,Forced Air,Geothermal,Radiant
  • Interior Features: First Floor Bedroom,Chefs Kitchen,Den/Family Room,Dressing Room,Double Vanity,Eat-in Kitchen,Formal Dining,Entrance Foyer,Heated Floors,Home Office,Marble Bath,Master Bath,Open kitchen,Soaking Tub,Storage,Walk-In Closet(s)
  • Levels: Two
  • Living Area: 7133
  • Living Area Units: Square Feet
  • Rooms Total: 13
  • Security Features: Security System
  • Window Features: New Windows,Skylight(s),Wall of Windows

Exterior

Parking Information
  • Parking Features: Attached,3 Car Attached
Lot Information
  • Lot Features: Cul-De-Sec,Private
  • Lot Size Acres: 1
  • Lot Size Area: 1
  • Lot Size Source: Other
  • Lot Size Square Feet: 43560
  • Lot Size Units: Acres
  • Water Source: Public
Building Exterior/Construction
  • Architectural Style: Mid-Century Modern
  • Attached Garage: Yes
  • Construction Materials: Frame,Wood Siding
  • Patio And Porch Features: Deck
  • Property Attached: No
General Information
  • Exterior Features: Sprinkler System
  • Pool Features: In Ground
  • Pool Private: Yes
  • Sewer: Public Sewer

Room Information

  • Level: Basement
  • Description: ~4000 sqft unfinished walk-out basement
  • Level: First
  • Description: Foyer, Grand Room, Dining Room, Kitchen, Family Room, 2 en-suite bedrooms, library
  • Level: Second
  • Description: 3 en-suite bedrooms, office
  • Level: Second
  • Description: Primary suite

Monthly Cost

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* Assumes 7.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Market Data

Based on the last 30 days in this zip code

$2,831,060
Median Sales Price
$759
Median Price per Square Foot
13
Properties Sold
13
New on Market
94
Average Days on Market
73
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
9/30/2023Source: OneKey MLS Status Change
Pending
9/7/2023Source: OneKey MLS Price Reduction
$5,775,000 -3.7%