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$3,750,000
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Property Description
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. It is widely understood that town preference favors single-family residential development, making this a particularly attractive opportunity for luxury or semi-custom new construction. 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.
Full Property Details
Full Property Details for 448 Underhill Rd
General
- Price: $3,750,000
- Taxes: $51,609
- Status: Active
- Type: Lots/Land
- Source: Long_Island
- MLS ID: 945060
- Updated: 1/5/2026
- Added to Site: 23 day(s) ago
Location
- County: Westchester County
School Information
- High School District: Edgemont
- Elementary School: Greenville
- Middle School: Edgemont Junior-Senior High School
- High School: Edgemont Junior-Senior High School
Utilities
- Sewer: Public Sewer
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Mixed Use
Lot Features
- Lot Size (Acres): 3.79
- Lot Size (Sq. Ft.): 165,092
Financial Considerations
- Tax Amount: $51,609.16
Disclosures and Reports
- Special Conditions: None
- Property ID: 2689-008-330-00242-000-0009
Listed by Compass Greater NY, LLC
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Schools
Schools serving 448 Underhill Rd
School District:Edgemont Union Free School District
| Name | Grades | Distance |
|---|---|---|
Greenville School, Scarsdale, NY 100 Glendale Road, Scarsdale, NY 10583 | K-6 | 0.8 mi |
Edgemont Junior Senior High School 200 White Oak Lane, Scarsdale, NY 10583 | 7-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 448 Underhill Rd
Date
Details
Price
Change
Source
1/05/2026
Listed
$3,750,000
—
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 448 Underhill Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$1,612,900
4%
2020
100%
$1,548,300
-9%
2020
100%
$1,698,400
-3%
2020
-100%
$1,757,000
—
2020
$60,119
-20%
$1,757,000
—
2018
$75,495
151%
$1,757,000
-21%
2017
$30,062
-59%
$2,219,300
—
2017
$73,405
414%
$2,219,300
2366%
2016
$14,290
50%
$90,000
—
2015
$9,525
-66%
$90,000
—
2013
$27,897
—
$90,000
—
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 448 Underhill Rd
448 Underhill Road, Scarsdale, NY 10583 (MLS# 945060) is a Lots/Land property with a lot size of 3.79 acres. 448 Underhill Road is currently listed for $3,750,000 and was received on January 05, 2026. Want to learn more about 448 Underhill Road? Do you have questions about finding other Lots/Land real estate for sale in Scarsdale? You can browse all Scarsdale real estate or contact a Coldwell Banker agent to request more information.
