Historic Westchester Estate/Redevelopment Opportunity

Historic Westchester Estate/Redevelopment Opportunity

Historic Westchester Estate/Redevelopment Opportunity
Westchester, New York
Previously $6.75M, Minimum Bid Only $2.5M!
Potential Subdivision
June 13
Auction Date
50
days
11
hours
22
minutes
June 2019

Property Highlights

Location
Westchester County
Acres
7.9 (approx.)
Living Area
13,721 sq ft (approx.)
Bedrooms
8
Bathrooms
10
Style
Estate
Garage x2
3 car detached, 4+ car detached
Featuring
Private Lake
Surrounded by 490 acres of protected conservation land
DEVELOPMENT
Subdivision into 3 or 6 parcels possible

How to Participate

  1. Download Brochure Click Here
  2. Submit Completed Form to Access Due Diligence Information (click HERE for form)
    After returning the completed form, you will be emailed access to the Due Diligence Information, which includes Interior Photos, Tax Parcel Map, Subdivision and Other Plans, Survey, Floor Plans, Certificate of Occupancy and more.
  3. Tour Property
    Please call 212.867.3333 or email [email protected] to arrange a tour.
  4. SUBMIT WRITTEN BID BY DEADLINE:
    THURSDAY, JUNE 13
    You must submit (a) a written bid and (b) $250,000 deposit (by bank check or wire) by the bid deadline (4pm on June 13). Instructions are included in the Due Diligence Information.

    Property subject to prior sale. Submit bid at anytime.

    Buyer’s Premium 5%
    Broker Participation Invited
Located just 40 minutes from New York City via train, this secluded 7.9 acre estate is an incredibly unique opportunity to either complete construction on this essentially gutted nearly 14,000 sq. ft. home, sub-divide into 3 or 6 parcels (please confirm with your architect), or build a brand new house. The most striking feature is your own, personal spring fed lake, which according to a previous owner, is clean enough to bottle. Originally owned by the Strauss family (owner of the department stores now known as Macy's) and then the Hearst families, the estate is encircled by 490 acres of conservation land, including Cranberry Lakes Preserve.

Additional structures include a 1,300 sq. ft. log cabin, guest cottages, stables, custodian’s house, and a parking garage. Ground has been dug out next to the main house for a one-of-a-kind 60’ infinity pool overlooking the cliff above the lake. With the proper change of use, the estate could be made into a compound for a school, religious facility, or light commercial use (please confirm with your architect).

The estate is a 7 minute drive to the Valhalla and North White Plains Train Stations and 14 minutes to the Westchester County Airport.

Broker Participation

Click below to download registration form Download