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Home Real Estate Rye Real Estate Update July 2007

Rye Real Estate Update July 2007

Single Family Homes in Rye (week ending July 13, 2007):
• on the market: 83
• in contract: 44

Shop Talk
Ninety one homes have sold in Rye City in the last 6 months, compared to seventy homes in the same period last year. 32 or 35% of those closings were for under $1,000,000.00 with an average closing price of around $780,584. In the $1,000,000+ category, 59 or nearly 65% of homes closed ranging from approximately $1,000,001 to $10,000,000+, for an average sales price of $2,338,726.
(*zip 10580 Rye City School District or Rye Neck Schools only)

On the Market

Location: 702 Forest Avenue

The List Price: $4,895,000

702_forest_ave_rye_ny_frontSquare Feet: 6,650

Beds/Baths: 6 bedrooms, 7.1 bathrooms

Acreage: .92 acres

The story:
This is an elegant brand new construction luxury home built by Leo Tomcyzk (of Realogy) on Milton Point with fabulous details. A gracious entry portico opens to an expansive hallway with arched doorways and coffered ceiling. This attractive stone colonial 702_forest_ave_rye_ny_back features a wood paneled library with detailed moldings, a spacious gourmet kitchen with butler’s pantry that opens to a family room and French doors that open to a flagstone patio overlooking the property.

702_forest_ave_rye_ny_libraryThe master bedroom suite has a sitting room area, bath and elaborate closets. The home has four masonry fireplaces and an additional five bedrooms. Milton Elementary School, Rye Town Park and Oakland Beach are all within walking distance.

The listing agent:
Sula Pearlman
Coldwell Banker/ Country Properties

Information provided by Judy Croughan of Coldwell Banker/ Country Properties.
Statistics per WPMLS 1/13/07-7/13/07


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