NOT LISTED FOR SALE

4 Forest Ave Rye, NY 10580

Estimated Value: $7,925,000 - $9,824,013

6 Beds
10 Baths
11,156 Sq Ft
$804/Sq Ft Est. Value

Last Sold August 08, 2024

Last sale price $9,900,000 $887 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $57,831/month

297 Days on Market

Highlights

  • Basketball Court
  • Sauna
  • Heated Floors
  • Rye Middle School Rated A+
  • Floor-to-Ceiling Windows
  • 2 Acre Lot

About This Home

As of August 2024

STONELEDGE - This warm and welcoming 12,000+ square foot home and grounds, ensconced on a 2-acre plateau high atop the Forest Avenue ridge at 4 Forest Avenue in Rye, New York is without equal. This newer construction home was custom built with longevity and comfort in mind and delights viscerally with its masterfully orchestrated natural, organic, sleek, modern and traditional design elements. Created from inspiration and resources from around the world to support, inspire and nurture lives, each setting engages on an intimate scale with livable luxury. This home must be seen and experienced to comprehend the level of luxury, craftsmanship and technology found here. Enter through a private gate and down the long paved drive that offers a subtle reminder that you have left the world behind. Swing around to your four-car garage or step right onto the front entry with its neatly hand-crafted stone fa ade and wood entry doors. The entry foyer invites exploration with uninterrupted views through the living room's 16-foot disappearing sliding glass doors. The wooden open staircase with elegant glass panel handrail rises in perfect harmony against the light-capturing, white empaneled walls. Adjust the layered Panay lighting to set the right ambient light or adjust the window treatments for sun control with the advanced systems that operate throughout the home. The expansive kitchen ensemble serves as the place for casual and comfortable family meals or fun with friends cooking and hanging out in the seating area by the fireplace. The kitchen layout and design have been thoughtfully curated starting with the wall of windows that bring the outside in, custom Ciuffo cabinetry, statement hardware, natural stones, wood and too many other features to mention here. Find the hidden door that leads to a butler's pantry, bar service area and second equipped prep kitchen. The formal dining room, with 10ft ceilings seats 12+. The family room, sunroom and screened porch add to the collection of convivial settings. There are five bedrooms each with its own ensuite bath, including a more-than-private guest bedroom. The primary bedroom suite offers an ante room with a fireplace and a door to the private terrace, primary bedroom also has a door to the terrace, double closets/dressing room with an island, bathroom with 2 vanities, steam shower, soaking tub, towel warmers and a Juliet balcony. The uppermost level houses a huge gym with high ceilings with distressed wood overlooking the half-court basketball court. There is also a large office suite with generous views over the treetops, a sitting area with a three-sided fireplace and a wet bar. Steel barn doors lead to an adjacent steam shower, sauna and hut tub for post-workout relaxation. The home uses engineered materials throughout and is built with materials of the highest standard - from the concrete foundation to the 2x6 framing, hardened interior walls and custom windows, the home has been solidly constructed with the highest-grade materials. Check out the special features sheet for more details about 4 Forest. Radiant floor heating throughout, seven fireplaces, 11 ft ceilings in the lower level, two laundry rooms, instant hot water, filtration throughout, whole home automated lighting, audio and video distribution, motorized shades, wired for now and the future, dog grooming station and more in the heated 4 car garage. "Extraordinary", "beyond compare", "details beyond imagination" are just some of the words that have been used to describe this magnificent home. The home was built by Bashford Construction, custom stone work by North Shore Stone, a CoGeneration system that economically generates 35KW of electricity and all technology in the home was designed, engineered and is maintained by leading boutique technology firm Enhanced Home.

Last Listed By

Kimberly Arenas

Compass Greater NY, LLC Brokerage Phone: (914) 262-6329 License #40AR1147578 Listed on: 06/22/2023

Compass Greater NY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $110,877

Year Built

  • Built in 2019

Lot Details

  • 2 Acre Lot
  • Back Yard Fenced
  • Sprinkler System

Parking

  • 4 Car Attached Garage

Home Design

  • Advanced Framing
  • Insulated Concrete Forms
  • Cellulose Insulation
  • Batts Insulation
  • Stone Siding

Interior Spaces

  • 11,156 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • High Ceiling
  • 7 Fireplaces
  • Floor-to-Ceiling Windows
  • Casement Windows
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Play Room
  • Sauna
  • Home Gym
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Double Vanity
  • Soaking Tub
  • Steam Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Basketball Court
  • Juliet Balcony
  • Separate Outdoor Workshop

Location

  • Property is near public transit

Schools

  • Midland Elementary School
  • Rye Middle School
  • Rye High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hydro-Air Heating System
  • Radiant Heating System

Community Details

  • Park

Listing and Financial Details

  • Assessor Parcel Number 1400-146-008-00002-000-0009-1

Home Details

Home Type

Single Family

Est. Annual Taxes

$110,877

Year Built

Built in 2019

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Architectural Style: See Remarks
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Year Built: 2019
  • Attribution Contact: (914) 262-6329
  • Co List Office Mls Id: ONECOMPNY04
  • Co List Office Phone: 914-353-5570
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stainless Steel Appliance(s)
  • Interior Amenities: Children Playroom, Double Vanity, Eat-in Kitchen, Elevator, Exercise Room, Floor to Ceiling Windows, Formal Dining, Entrance Foyer, Guest Quarters, Heated Floors, High Ceilings, Home Office, Kitchen Island, Marble Bath, Open kitchen, Powder Room, Sauna, Soaking Tub, Steam Shower, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 7
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Basement: Finished, Full, Walk-Out Access
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Living Area: 11156
  • Window Features: Casement, Wall of Windows
  • AtticDescription: Full,Pull Stairs
  • SquareFootage: 11156.00
  • SquareFootageSource: Municipality

Exterior Features

  • Other Structures: Workshop
  • Construction Materials: Advanced Framing Technique, Batts Insulation, Cellulose Insulation, ICFs (Insulated Concrete Forms), Stone
  • Fencing: Back Yard
  • Exterior Features: Balcony, Basketball Court, Juliet Balcony, Sprinkler System

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Description: Attached, 4+ Car Attached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Electric, Natural Gas, Hydro Air, Radiant
  • Security: Security System
  • Sewer: Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone,Indirect Tank
  • NumberOfHeatingZones: 21

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Rye Middle School

Lot Info

  • Lot Size Acres: 2
  • Lot Size Area: 2
  • Lot Size Sq Ft: 87120
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 1400-146-008-00002-000-0009-1
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 110877
  • Tax Map Number: 1400-146-008-00002-000-0009-1

MLS Schools

  • Elementary School: Midland School
  • High School: Rye High School
  • Middle School District: Rye

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2023
Sold by
Labny Inc
Bought by
Patel Alpesh
Total Days on Market
297
Current Estimated Value
$8,965,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$449,208
Interest Rate
5.67%
Mortgage Type
New Conventional
Estimated Equity
$8,516,463

Purchase Details

Closed on
Mar 4, 2014
Sold by
4 Forest Avenue Associates Llc
Bought by
Labny Inc

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patel Alpesh -- Amrock
Labny Inc $4,041,100 Future Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Alpesh $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2024 08/08/24 Sold $9,900,000 -0.5% $887 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
12/11/2023 12/11/23 Price Changed $9,950,000 -2.9% $892 / Sq Ft
10/16/2023 10/16/23 Price Changed $10,250,000 -4.7% $919 / Sq Ft
06/22/2023 06/22/23 For Sale $10,750,000 0.0% $964 / Sq Ft
04/25/2013 04/25/13 Rented $5,950 -25.2% --
03/26/2013 03/26/13 Under Contract -- -- --
01/03/2013 01/03/13 For Rent $7,950 -- --
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $93,477 $100,900 $15,900 $85,000
2023 $114,468 $100,900 $15,900 $85,000
2022 $110,877 $100,900 $15,900 $85,000
2021 $110,547 $100,900 $15,900 $85,000
2020 $109,199 $100,900 $15,900 $85,000
2019 $44,376 $100,900 $15,900 $85,000
2018 $60,744 $100,900 $15,900 $85,000
2017 $24,747 $75,900 $15,900 $60,000
2016 $6,505 $65,900 $15,900 $50,000
2015 -- $15,900 $15,900 $0
2014 -- $61,700 $15,900 $45,800
2013 -- $61,700 $15,900 $45,800
Source: Public Records

Agents Affiliated with this Home

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Map

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Source: OneKey® MLS

MLS Number: KEY6252656

OneKey® MLS

APN: 1400-146-008-00002-000-0009-1