430 Park Avenue, Rye, NY, 10580 | $4,250,000

Rare, ravishing red-brick Georgian with off-the-chart charm, amenities, privacy and property—including an enchanting arboretum. Also exceptional in Rye: a separate, legally rentable, 2-bedroom carriage house that’s the consummate option for family, friends, or staff. Built in 1928 and extensively renovated & re-imagined in 2019 by decorator Angela Kosinski, the 5880 SF architectural stunner seamlessly merges contemporary elegance with graciously proportioned classicism. This is livable grandeur! A “wow” feature on the first floor is the sprawling sun-drenched family room — once upon a time an outdoor portico — which features a wood burning stove, high coffered ceilings, radiant heat, sleek lacquer built-in bar, and French doors that whisk you to the bluestone terrace, granite benches, and meditation gardens. A swoon-worthy entrance hall with soaring ceiling beckons you to a living room with original walnut floors, crown molding and 6 over 6 windows as well as the dining room whose 9-foot ceilings, decorative wall trim, and fireplace ensure a trifecta of elegance. Another go-to gathering space is the sleek modern eat-in kitchen, ample walk-in pantry, butler’s pantry with dishwasher, designer lighting, and premier appliances, including Dacor range and double ovens, 2023 SubZero fridge, and new Miele dishwasher--all stylishly illuminated by the Lutron LED system. Anchoring the first floor is a gracious octagonal sunporch with arched, natural wainscot ceiling and a direct path to the vegetable garden for modern farm-to-table living. The sophisticated second floor offers 5 bedrooms including a luxe primary with views of cherry blossoms with spa bath and dual wardrobe, a second bedroom with a chic sitting room, and another with a balcony with lovely garden views. Infinite possibilities on the third floor with two additional bedrooms, an office, a full bath and a potential private retreat space for work, gym, yoga or music room. Set way back from the road down an idyllic gravel driveway, this outstanding property is not only pin-drop quiet and private, but endlessly colorful and fragrant with ornamental plantings such as flowering lilacs, Rose of Sharon, Japanese maples, Redwoods, and dogwoods. The enclosed vegetable garden features mature apple, pear, and fig trees, along with raised beds and built-in irrigation for harvesting a bounty -- from tomatoes to lettuce to rhubarb to chamomile. Geared toward entertaining large gatherings, there is an abundance of parking options. Speaking of which: there’s plenty of parking at nearby Harrison Metro-North (although you can walk to the train in under 15 minutes!) The plantings and long winding driveway make you feel like you’ve retreated to a tranquil English garden and yet, you’re just steps from Osborn Elementary and Rye Golf Club. All only 22 miles to Manhattan.

Features

  • Rooms: 13
  • Bedrooms: 7
  • Baths: 4 full / 2 half
  • Laundry: In Basement, In Kitchen
  • Style: Carriage House, Traditional
  • Year Built: 1928
  • Garage: 3-car
  • Heating: Oil, Radiant Floor
  • Cooling: Central Air
  • Basement: Full, See Remarks, Storage Space, Unfinished
  • Approx Sq. Feet: 5,880
  • Acreage: 0.88
  • Est. Taxes: $54,342
  • Elem. School: Osborn
  • Middle School: Rye Middle School
  • High School: Rye High School
  • School District: Rye City
  • Appliances: Dishwasher, Electric Oven, Gas Cooktop, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s)
  • MLS#: 819191
  • Days on Market: 7 days
  • Website: https://www.raveis.com
    /eprop/819191/430parkavenue_rye_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

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Bob FlynnVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 6314

508.944.8218

Bob.Flynn@raveis.com

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430 Park Avenue, Rye, NY, 10580

$4,250,000

Julie Cremin

Sales Associate

William Raveis Real Estate

Phone: 781.308.5186

Julie.Cremin@raveis.com

Bob Flynn

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.944.8218

Bob.Flynn@raveis.com

NMLS Mortgage Loan Originator ID 6314

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,400,000 $3,400,000 $3,400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.663% 6.613% 6.435%
Monthly Tax Payment $4,529 $4,529 $4,529
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $19,572 $21,490 $29,152
Total Monthly Payment $24,225 $26,143 $33,805

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.