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$1,595,000
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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.
Full Property Details
Full Property Details for 40 Penny Ln
General
- Price: $1,595,000
- Taxes: $42,091
- Status: Active
- Type: Single Family
- Source: Long_Island
- MLS ID: 971546
- Updated: 3/30/2026
- Added to Site: 16 day(s) ago
Interior
- Number of Rooms: 11
- 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
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Wood Burning
- Appliances: Dishwasher, Dryer, Gas Oven, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry Facilities: Yes
- Flooring: Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: Dog Run, Playground
- Porch/Patio/Deck: Deck, Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 4
- Parking Features: Attached, Driveway, Garage
Location
- County: Westchester County
- Subdivision: Edgemont
- Cross Streets: Fort Hill Road
- Driving Directions: Continue onto Ardsley Rd, Turn left onto Fort Hill Rd, Turn left onto Penny L. Lane. Destination will be on the right.
School Information
- High School District: Edgemont
- Elementary School: Greenville
- Middle School: Edgemont Junior-Senior High School
- High School: Edgemont Junior-Senior High School
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Natural Gas
- Heating Zones: 3
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Structural Information
- Architectural Style: Raised Ranch
- Detached/Attached: Detached
- Construction: Frame, Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished
- Windows: New Windows
- Building Size: 3512
- Square Feet: 3,512
- Sq. Ft. Source: Public Records
- Year Built: 1975
Additional Structures
- Other Structures: Kennel/Dog Run, Shed(s)
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.46
- Lot Size (Sq. Ft.): 20,038
- Road Maintenance: Public Maintained Road
- Fence: Yes
- Lot Features: Back Yard, Landscaped, Level, Near Public Transit, Near School, Near Shops, Stone/Brick Wall
- Fencing (Description): Chain Link
Financial Considerations
- Taxes Include: Sewer, Trash
- Tax Amount: $42,091.09
Disclosures and Reports
- Special Conditions: None
- Exclusions: All Personal Property
- Inclusions: Dishwasher, Wall Oven, Range, Microwave, Range Hood, Light Fixtures, Refrigerator, Second Refrigerator, Second Dishwasher, Second Microwave, Outside Play Set
- Property ID: 2689-008-580-00398-000-0008
Listed by Howard Hanna Rand Realty
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Schools
Schools serving 40 Penny Ln
School District:Edgemont Union Free School District
| Name | Grades | Distance |
|---|---|---|
Greenville School, Scarsdale, NY 100 Glendale Road, Scarsdale, NY 10583 | K-6 | 0.7 mi |
Edgemont Junior Senior High School 200 White Oak Lane, Scarsdale, NY 10583 | 7-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 Penny Ln
Date
Details
Price
Change
Source
3/26/2026
Listed
$1,595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40 Penny Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$38,565
100%
$1,425,000
9%
2024
100%
$1,307,300
13%
2020
100%
$1,161,100
-2%
2020
100%
$1,179,900
8%
2020
100%
$1,092,500
9%
2020
-100%
$1,003,100
—
2020
$32,909
-8%
$1,003,100
—
2018
$35,933
147%
$1,003,100
-9%
2017
$14,565
-57%
$1,101,600
4%
2017
$33,516
340%
$1,059,200
3584%
2016
$7,617
150%
$28,750
—
2015
$3,043
-66%
$28,750
—
2013
$8,912
—
$28,750
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 Penny Ln
40 Penny Lane, Scarsdale, NY 10583 (MLS# 971546) is a Single Family property with 5 bedrooms and 4 full bathrooms. 40 Penny Lane is currently listed for $1,595,000 and was received on March 26, 2026. Want to learn more about 40 Penny Lane? Do you have questions about finding other Single Family real estate for sale in Scarsdale? You can browse all Scarsdale real estate or contact a Coldwell Banker agent to request more information.
