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Sold for $1,695,000
  • $1,695,000

    40 Penny Lane, Scarsdale, NY 10583

    5beds
    3,512sqft
    Single Family Residence, Residential
    Built in 1975
    0.46 Acres Lot
    $1,702,400 Zestimate®
    $483/sqft
    $7,863 Estimated rent

    Home value

    $1,702,400

    $1.55M - $1.87M

    $7,863/mo

    Zestimate® history
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    What's special

    Near floor-to-ceiling windowsLight brick raised ranchAiry uplifting spaceSeparate playground areaPrivate bedroomGarden shedFull hall bath
    Gracefully nestled on nearly half an acre of lush, landscaped grounds, this distinguished light brick Raised Ranch exudes timeless appeal in the coveted, nationally recognized Edgemont School District. A grand first impression begins at the striking emerald green double doors, featuring raised panel detailing, an eye-catching entrance that hints at the sophistication within. Natural light pours into the expansive living room through near floor-to-ceiling windows, creating an airy, uplifting space that’s perfect for both everyday comfort and stylish entertaining. Gleaming hardwood floors flow throughout, adding warmth and richness. Just steps away, the formal dining area sits beneath a dramatic vaulted ceiling with an elegant chandelier, ideal for hosting memorable dinners and celebrations. The updated kitchen is a true heart of the home, featuring brand-new stainless steel appliances, striking new laminate countertops and backsplash, and a cozy breakfast nook with sliding glass doors that open to the deck, your gateway to morning coffee or dining under the stars. Just off the kitchen, the main-level great room invites you to unwind in a space that’s both cozy and refined, complete with a charming wood-burning fireplace, a perfect backdrop for relaxed evenings or weekend gatherings. A full-size laundry room and abundant storage add effortless functionality to this beautifully designed main floor. The serene primary suite is a true retreat, featuring a dramatic navy-blue accent wall that adds a designer touch and creates a calming atmosphere. A spa-inspired ensuite bath makes mornings feel effortless and evenings feel indulgent. Three additional generously sized bedrooms offer flexibility for guests, or home office use, and are served by a beautifully appointed hall bath, blending style and practicality. Downstairs, the lower level extends the home’s versatility and comfort, offering the perfect setup for multi-generational living, or long-term guests. This thoughtfully designed space includes a sleek second kitchen with crisp white cabinetry, a bright dining or breakfast area, a spacious great room, a private bedroom, a full hall bath, and its own separate entrance. Direct access to the oversized two-car garage adds convenience, while a dedicated storage area and bath enhance functionality. Step outside and discover a true backyard sanctuary. The expansive, fully paved patio is ideal for effortless entertaining, with room for multiple dining areas, a BBQ station, and even a cozy firepit. A dedicated dog run offers a haven for your four-legged friend, while a separate playground area, garden shed, and sweeping lawn surrounded by mature landscaping create a peaceful and private outdoor escape. Perfectly located near top-rated Edgemont schools, luxury shopping, fine dining, major highways, and Metro-North, this beautifully upgraded home offers the ideal blend of elegance, comfort, and convenience in one of Westchester’s most desirable communities. The heat zones & AC zones have been recently updated.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gino Bello 917-653-4099,

    Howard Hanna Rand Realty 914-723-8700

    Bought with:

    John G. Schultz, 10401250829

    William Raveis Real Estate

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: 971546MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Other
    • Description: Entrance Foyer, Living Room, Dining Area, Eat-In Kitchen, Breakfast Dining Area, Sliders to Deck, Family Room with Wood Burning Fireplace, Sliders to Deck, Laundry Room, Master Bedroom, Master Ensuite, Bedroom, Bedroom, Bedroom, Hall Bath
    • Level: First
    Other
    • Description: Kitchen, Breakfast Area, Family Room, Bedroom, Hall Bathroom, Access to Garage, Utilities, Storage Room, Bathroom, Walk-Out
    • Level: Lower
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Gas Oven, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
    • Laundry: Laundry Room
    Features
    • First Floor Bedroom, First Floor Full Bath, Chandelier, Eat-in Kitchen, Entrance Foyer, Formal Dining, Granite Counters, High Ceilings, In-Law Floorplan, Open Floorplan, Pantry, Primary Bathroom, Recessed Lighting, Storage
    • Flooring: Ceramic Tile, Hardwood
    • Windows: New Windows
    • Basement: Finished
    • Attic: Pull Stairs
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Wood Burning
    Interior area
    • Total structure area: 3,512
    • Total interior livable area: 3,512 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Driveway, Garage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One and One Half
    • Patio & porch: Deck, Patio
    • Exterior features: Dog Run, Playground
    • Fencing: Chain Link
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 0.46 Acres
    • Features: Back Yard, Landscaped, Level, Near Public Transit, Near School, Near Shops, Stone/Brick Wall
    Details
    • Additional structures: Kennel/Dog Run, Shed(s)
    • Parcel number: 2689008580003980000008
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Raised Ranch
    • Property subtype: Single Family Residence, Residential
    Materials
    • Frame, Vinyl Siding
    • Foundation: Block, Concrete Perimeter
    Condition
    • Updated/Remodeled
    • Year built: 1975

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Edgemont
    HOA
    • Has HOA: No
    Location
    • Region: Scarsdale

    Financial & listing details

    • Price per square foot: $483/sqft
    • Tax assessed value: $1,425,000
    • Annual tax amount: $42,091
    • Date on market: 3/26/2026
    • Cumulative days on market: 30 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Contract
    • Inclusions: Dishwasher, Wall Oven, Range, Microwave, Range Hood, Light Fixtures, Refrigerator, Second Refrigerator, Second Dishwasher, Second Microwave, Outside Play Set
    • Exclusions: All Personal Property
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    6/24/2026Sold$1,695,000+6.3%$483/sqft
    Source: OneKey® MLS as distributed by MLS GRID #971546 Report a problem
    4/25/2026Pending sale$1,595,000$454/sqft
    Source: OneKey® MLS as distributed by MLS GRID #971546 Report a problem
    4/25/2026Listing removed$1,595,000$454/sqft
    Source: OneKey® MLS as distributed by MLS GRID #971546 Report a problem
    3/26/2026Listed for sale$1,595,000+6.7%$454/sqft
    Source: OneKey® MLS as distributed by MLS GRID #971546 Report a problem
    10/27/2025Listing removed$1,495,000$426/sqft
    Source: OneKey® MLS as distributed by MLS GRID #913413 Report a problem
    9/25/2025Listed for sale$1,495,000+39.1%$426/sqft
    Source: OneKey® MLS as distributed by MLS GRID #913413 Report a problem
    8/1/2012Listing removed$1,075,000$306/sqft
    Source: Coldwell Banker Residential Brokerage - Scarsdale Office #3206188 Report a problem
    4/15/2012Price change$1,075,000-6.4%$306/sqft
    Source: Coldwell Banker Residential Brokerage - Scarsdale Office #3206188 Report a problem
    3/2/2012Listed for sale$1,149,000-8%$327/sqft
    Source: Coldwell Banker Residential Brokerage - Scarsdale Office #3206188 Report a problem
    10/13/2011Listing removed$1,249,000$356/sqft
    Source: Coldwell Banker Residential Brokerage - Scarsdale Office #3109187 Report a problem
    5/21/2011Price change$1,249,000-3.8%$356/sqft
    Source: Coldwell Banker Residential Brokerage - Scarsdale Office #3109187 Report a problem
    4/12/2011Listed for sale$1,299,000$370/sqft
    Source: Coldwell Banker Residential Brokerage - Scarsdale Office #3109187 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $1,425,000 +9%
    2024-- $1,307,300 +12.6%
    2023-- $1,161,100 -1.6%
    2022-- $1,179,900 +8%
    2021-- $1,092,500 +8.9%
    2020-- $1,003,100
    2019-- $1,003,100
    2018-- $1,003,100 -8.9%
    2017-- $1,101,600 +4%
    2016-- $1,059,200 +3584.2%
    2015$18,267 $28,750
    2014$18,267 $28,750
    2013$18,267 $28,750
    2012-- $28,750
    2011-- $28,750 +9.3%
    2010-- $26,300
    2009-- $26,300
    2008-- $26,300
    2007-- $26,300
    2006-- $26,300
    2005-- $26,300
    2004-- $26,300
    2003-- $26,300
    2002-- $26,300
    2001-- $26,300
    2000-- $26,300
    1999-- $26,300
    Find assessor info on the county website

    Neighborhood: Greenville

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Greenville
    • Middle: Edgemont Junior-Senior High School
    • High: Edgemont Junior-Senior 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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    Estimated market value
    $1,702,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,702,400