40 Penny Lane, Scarsdale, NY 10583

$1,695,000
5
BD
4
BA
3,512
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$1,695,000
List Price
$1,595,000
Status
CLOSED
MLS#
971546
Closing Date
Jun 24, 2026
Year Built
1975
Levels
One and One Half
Style
Raised Ranch, Includes Legal Accessory Apartment
Bedrooms
5
Bathrooms
4
Acres
0.46
Living Area
3,512
Subdivision
Edgemont

Property Description

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.

Additional Information

Taxes
$42,091
Lot Size
20,038
Interior 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
Heating
Forced Air, Natural Gas
Cooling System Type
Central Air
Sewer
Public Sewer
Water Source
Public
Appliances
Dishwasher, Dryer, Gas Oven, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
Fireplaces
1
Basement
Finished
Exterior Features
Dog Run, Playground
Garage Spaces
2
Parking Spaces
4
Elementary School
Greenville
Middle School
Edgemont Junior-Senior High School
High School
Edgemont Junior-Senior High School

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Gino Bello (Gino@GinoBelloHomes.com) from Listing Office: Howard Hanna Rand Realty.

Listing courtesy of Gino Bello from Howard Hanna Rand Realty

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.