Presented by CS Realty Request Showing Print Listing
Property photo # 1
Photo 1 / 7
Vacant Land in Westchester County
MLS Number945060
Address448 Underhill Road, Scarsdale, NY 10583 show map
Price$3,750,000 show mortgage calculator
Acres3.7899908172635
Elementary SchoolGreenville
Jr High-Middle SchoolEdgemont Junior-Senior High School
High SchoolEdgemont Junior-Senior High School
Land Use Permitted
Use / Zoning
Zoning
Utilities Inc.
Remarks

Don’t miss this exceptionally rare opportunity to control a substantial land assemblage in the highly coveted Edgemont School District, where new-construction opportunities are increasingly scarce. The offering consists of two parcels located directly across the street from one another, totaling approximately 5 acres: a ~4-acre parcel with a long-established history as a gardening nursery dating back to the 1940s, and a separate ~1-acre parcel. The property is being conveyed for land value and redevelopment potential, presenting a compelling canvas for a sophisticated builder or developer to create a premier residential enclave in an established, high-demand setting. The site offers meaningful flexibility, with the ultimate configuration to be shaped by vision, design, and municipal approvals. Adding to the ~4-acre parcel’s appeal for potential future development is the recent granting by the Greenburgh Planning Board of the extension of an approved site plan for the use of the parcel for a senior living community. While buyers should conduct their own due diligence regarding intended use and approvals, this existing entitlement history may provide valuable insight and flexibility for a range of redevelopment concepts. Future end-users will enjoy exceptional proximity to major highways and Metro-North, along with access to nationally ranked schools, parks, country clubs, and lifestyle amenities that define the Edgemont and greater Scarsdale appeal. A rare chance to deliver thoughtfully designed new homes in one of Westchester’s most enduring and desirable markets.

Amenities

This listing is Courtesy of Compass Greater NY, LLC (914-725-7737).

Request a Showing - Make an Appointment - More Information
(914) 834-4454

Please use the form below to contact us. Thank you - CS Realty & Relocation Services. "Brokers of Better Rentals & Residences since 1986."

Subject
Your Name
Email Address
Phone Number--
Preferred Showing Time
Preferred Showing Date
Question or Comment
You will be contacted by a buyer's agent who will represent you on this listing.