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For sale
    • $4,999,000

    12 Magnolia Drive, Purchase, NY 10577

    6beds
    9,725sqft
    Single Family Residence, Residential
    Built in 2002
    2.13 Acres Lot
    $4,946,200 Zestimate®
    $514/sqft
    $458/mo HOA

    What's special

    Gas fireplaceStately brick colonialInteriors of remarkable scaleStunning poolFitness roomCommanding curb appealExpansive slate patio
    Beyond a tree-lined private drive and sweeping circular motor court lies one of Purchase Estates' most exceptional residences. Privately set on 2.16 exquisitely landscaped acres, this stately brick Colonial offers timeless architecture, exceptional privacy, and commanding curb appeal. A dramatic two-story foyer with a sweeping staircase introduces interiors of remarkable scale, refined craftsmanship, soaring ceilings, elegant millwork, and beautifully proportioned rooms. Designed for both grand entertaining and everyday living, the first floor features a sunken formal living room with fireplace, an elegant library/study with custom built-ins and wet bar, an oversized formal dining room with butler's pantry, and a spectacular chef's kitchen with professional-grade appliances, abundant custom cabinetry, oversized center island, and spacious breakfast room. French doors from both the breakfast room and dramatic family room with floor-to-ceiling stone fireplace open to the expansive slate patio, creating seamless indoor-outdoor living. A private guest suite with private patio access, oversized laundry room, mudroom, and service entrance complete the main level. The luxurious primary suite is a true retreat featuring a sitting room with custom built-ins and coffee bar, tray ceiling, gas fireplace, dual custom walk-in closets, and a spa-inspired bath with Jacuzzi tub, oversized shower, and dual vanities. Four additional ensuite bedrooms, each with a walk-in closet, an upstairs library/playroom, and a rear staircase complete the second floor. The walk-out lower level offers a finished storage of a recreation room with kitchenette, fitness room, abundant storage, and expansive unfinished space ready for a wine cellar, golf simulator, home theater, wellness retreat, or additional entertaining space. The spectacular grounds are among the finest in Purchase Estates. Beautifully level and impeccably landscaped, the resort-style backyard features a stunning pool, expansive slate patio, sprawling lawns, and mature specimen trees, creating the perfect setting for everyday enjoyment or grand-scale entertaining. Rarely does a property offer this level of privacy, beauty, and usable outdoor space. Ideally located just minutes from country clubs, golf courses, award-winning schools, and major parkways, this extraordinary estate offers a rare opportunity to own one of Purchase's premier luxury residences.
    45 days
    |
    1,265
    |
    84
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Houlihan Lawrence Inc. 914-967-7680,

    Christine Hazelton 914-309-9685

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1022813MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 9
      • Full bathrooms: 8
      • 1/2 bathrooms: 1
      Other
      • Description: 2-Story Entry Hall w/Sweeping Double Staircase; Sunken Formal Living Rm w/Fireplace; Library/Study w/Custom Built-Ins & Wet Bar; Oversized Formal Dining Rm; Butler's Pantry; Chef's Kitchen w/Giant Center Island, Multiple Counter Seating & Professional Appliances; Breakfast Rm w/French Doors to Patio; Family Rm w/Stone Fireplace & French Doors to Patio; Guest Suite w/Bedroom & Full Bath w/ door to patio; Oversized Laundry Rm; Mudroom w/Door to Garage & Service Entrance
      • Level: First
      Other
      • Description: Luxurious Primary Suite w/Sitting Rm featuring Custom Built-Ins & Coffee Bar; Primary Bedroom w/Tray Ceiling, Gas Fireplace & His/Hers Custom Walk-In Closets; Spa-Like Primary Bath w/His/Hers Vanities, Jacuzzi Tub, Oversized Shower & Private Water Closet; 4 Additional Ensuite Bedrooms, Each w/Private Bath & Walk-In Closet; Library/Playroom; Back Staircase.
      • Level: Second
      Other
      • Description: Walk-Out Recreation/Playroom w/Kitchenette; Gym; Expansive Unfinished Space Offering Endless Potential (Blank Canvas); Abundant Storage; Utility Room.
      • Level: Lower
      Heating
      • Hydro Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Washer, Wine Refrigerator
      Features
      • First Floor Bedroom, First Floor Full Bath, Built-in Features, Cathedral Ceiling(s), Chefs Kitchen, Crown Molding, Double Vanity, Entrance Foyer, Formal Dining, Granite Counters, High Ceilings, His and Hers Closets, In-Law Floorplan, Kitchen Island, Natural Woodwork, Open Floorplan, Open Kitchen, Pantry, Primary Bathroom, Recessed Lighting, Sauna, Tray Ceiling(s), Walk-In Closet(s)
      • Basement: Full,Partially Finished,Storage Space
      • Attic: Pull Stairs
      • Number of fireplaces: 3
      Interior area
      • Total structure area: 9,725
      • Total interior livable area: 9,725 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached, Driveway, Garage, Oversized, Private
      • Garage spaces: 3
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Patio
      • Has private pool: Yes
      • Pool features: Fenced, In Ground, Pool/Spa Combo
      • Has spa: Yes
      Lot
      • Size: 2.13 Acres
      • Features: Back Yard, Front Yard, Garden, Landscaped, Level, Near Golf Course, Near School, Near Shops, Private, Secluded, Sprinklers In Front, Sprinklers In Rear, Stone/Brick Wall, Views
      Details
      • Parcel number: 2801000961000000000026
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence, Residential
      Materials
      • Brick
      Condition
      • Year built: 2002

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Underground Utilities, Water Connected

      Community & HOA

      Community
      • Security: Security System, Video Cameras
      • Subdivision: Purchase Estates
      HOA
      • Has HOA: Yes
      • Amenities included: Maintenance Grounds
      • Services included: Maintenance Grounds
      • HOA fee: $5,500 annually
      • HOA name: Common area maintence at Purchase Estates
      • HOA phone: 914-629-0813
      Location
      • Region: Purchase

      Financial & listing details

      • Price per square foot: $514/sqft
      • Tax assessed value: $39,550
      • Annual tax amount: $77,094
      • Date on market: 7/10/2026
      • Cumulative days on market: 46 days
      • Listing agreement: Exclusive Right To Sell
      • Electric utility on property: Yes

        Estimated market value

        $4,946,200

        $4.70M - $5.19M

        $6,680/mo

        Price history

        DateEventPrice
        7/10/2026Listed for sale$4,999,0000%$514/sqft
        Source: OneKey® MLS as distributed by MLS GRID #1022813 Report a problem
        8/15/2022Listing removed--
        Source: Owner Report a problem
        5/17/2022Listed for sale$4,999,999+4.2%$514/sqft
        Source: Owner Report a problem
        2/6/2022Listing removed--
        Source: Owner Report a problem
        11/8/2021Price change$4,799,000+6.6%$493/sqft
        Source: Owner Report a problem
        11/3/2021Listed for sale$4,500,000+3.2%$463/sqft
        Source: Owner Report a problem
        9/19/2007Sold$4,360,000+522.9%$448/sqft
        Source: Public Record Report a problem
        3/17/2000Sold$700,000$72/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $39,550 -17.2%
        2024-- $47,750
        2023-- $47,750
        2022-- $47,750
        2021-- $47,750
        2020-- $47,750
        2019-- $47,750 -7.3%
        2018-- $51,500
        2017-- $51,500 -3.7%
        2016-- $53,500
        2015-- $53,500
        2014-- $53,500
        2013-- $53,500 -3.6%
        2012-- $55,500
        2011-- $55,500 -12.2%
        2010-- $63,220
        2009-- $63,220
        2008-- $63,220 -9.4%
        2007-- $69,800 -20.7%
        2006-- $88,000
        2005-- $88,000
        2004-- $88,000
        2003-- $88,000
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 10577

        Getting around

        1 / 100
        Car-Dependent
        11 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Purchase
        • Middle: Louis M Klein Middle School
        • High: Harrison High School

        Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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