Posts Tagged Larchmont


Out and About in Larchmont

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Tags: , , ,      Categories: Buying, Market Area, Out and About, Westchester

Larchmont, New York is situated on the Long Island Sound, and the pride of this Sound Shore town is Manor Park. Manor Park is a walker’s dream with wide and hilly paths that overlook the Long Island Sound to the east and waterfront homes to the west.  Sailors, boaters, kayakers and wind surfers experience equal delight with all the Sound offers to outdoor enthusiasts.

With a vibrant downtown community, and easy accessibility to I-95 and Metro-North, Larchmont is a desirable suburb for many young families moving from New York City. Just 18 miles from Manhattan, former urbanites can take a quick trip to the city for dinner, and be home in time for Jon Stewart. For many New York transplants, this makes the transition from the city to the suburbs uncomplicated, knowing that your connection to New York City is easy to maintain.  

Larchmont’s Zagat-rated restaurants such as Lusardi’s, Chat 19 , and local favorite Stan’z for a salad or sandwich provide residents with a wide variety of eateries. Urbane boutiques and a row of antique and home decorating stores on the Boston Post Road give this village a unique blend of sophistication and winsome charm that some say has an Upper West Side feel. 

For recreation, it is hard to beat all that Flint Park has to offer residents – tennis and paddle tennis, three baseball fields, soccer fields, basketball courts, a picnic area, a playground for both toddlers and young children, and a summer day camp.  

Tune in to Houlihan Lawrence’s Larchmont Community Video to see and hear all about Larchmont:

Here is a sampling of just a few homes for sale in Larchmont:

3010935 1 Out and About in Larchmont1 Winged Foot Drive  is a totally renovated from top to bottom. This  charming and pristine colonial has everything a family needs including an updated kitchen with top of the line appliances and granite countertops.

50 Clover Road is a quintessential Arts and Crafts Colonial nestled in the lovely Larchmont Gardens area with high ceilings, central air, hardwood floors, and a Modern-eat-in kitchen. 

 Out and About in Larchmont50 Woodbine Avenue is a stunning renovated Victorian on a quiet treet in Larchmont Manor. The wrap-around front porch overlooks the beautifully landscaped property.

Westchester Real Estate Snapshot

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Certain areas in New York’s Southern Westchester County are having an eventful spring market. Pent up demand and realistic pricing is driving buyers in areas like Larchmont and Scarsdale.

Homes in Larchmont, New York, whose sweet spot is around the $1 million mark, have low inventory and lots of buyers. Multiple offers on the same property are not out of the ordinary, but accepted offers have been within the range of list price. Yes there was the feeling of exuberance in the Larchmont area, but the buyer’s desire for value prevailed.

In the few instances where multiple buyers have bid up the price significantly, often times the deal falls through. One hypothesis is that the excitement of having “won” the home over other buyers is tempered when the buyer tells friends and colleagues they purchased a home over asking price.  Instead of congratulations, their quizzical response makes the buyer question their actions. Remorse kicks in and the buyer withdraws his over asking price bid.

Houlihan Lawrence’s Scarsdale, New York real estate market remains active within all price ranges from the mid $700s to multi-million dollar properties. New listings are consistently coming to market and deals are being made with equal vigor.  As with Larchmont real estate, well priced homes in Scarsdale have multiple bids, and occasionally go over asking.

The past 4 months have provided substantive data and sufficient volume affirming that the market has indeed re-set at prices anywhere from 20 to 30% below the peak, even in the desirable towns of Larchmont and Scarsdale. See both the Scarsdale Market Report and the Larchmont Market Report for a detailed view of the real estate market. Visit the Houlihan Lawrence website for Market Reports of home sales in other market areas.

Diary of a Downsizer, Part 2

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Tags: , , , ,      Categories: Buying, Downsizing, Market Area, Selling, Uncategorized, Westchester

As you may recall, Judi Smith, Houlihan Lawrence’s Larchmont Manager recently downsized and we are following her journey as a downsizer. 

Once Judi decided to sell her home and downsize, she created a “to-do” list to prepare her home for the market. She eliminated obvious buyer objections in order to maximize the number of potential of buyers. For example, she had an old bathroom which she knew would turn off buyers, and her house was filled to the brim and cluttered with 30 years of belongings.

“We took two months of working non-stop to prepare the house for sale.  This preparation included gutting and renovating a bathroom, and moving possessions into storage. The exterior had been painted in the spring, and we also did interior touch ups.  The windows were washed, the garden re-planted where needed, the house was cleaned to within a inch of its life!” said Judi. The house was ready for prime time!

Now came for the most important decision – pricing. She used the collective knowledge of the agents in her office and asked them for their professional pricing opinion. “The Houlihan Lawrence pricing committee had a wide variety of possible prices.  We chose the low end for our list price with the strategy of creating the largest number of potential buyers for the house”. 

Many sellers feel this is a risky strategy because they could potentially be leaving money on the table. But with instant dissemination of information – via email listing alerts and on-the-ball agents – Judis BackYard 150x150 Diary of a Downsizer, Part 2 informed buyers immediately know when a new listing hits the market and recognize value. “My house came on the market on a Wednesday” said Judi. “By Thursday morning we had 6 offers!  The house sold for significantly over asking price.”

The sale of Judi’s home was a case study in doing everything right – from getting the house in tip-top shape, to strategic market pricing that created multiple offers, and ultimately selling at over the asking price.

What do think of Judi’s pricing strategy?

Island Living-only 35 minutes from Manhattan

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Who needs the hassle of Hamptons traffic when you can experience island living within a 35-minute commute of mid-town Manhattan?

One of Westchester County’s best kept secrets, Edgewater Point is a private peninsula surrounded by Long Island Sound on one side and beautiful Larchmont Harbor on the other.

Discovered by James Fenimore Cooper when he settled in Westchester in the early 19th century, it was later developed by Standard Oil tycoon Henry Flagler along with John D. Rockefeller. Film great D.W. Griffith later established a home and film studio here and it became the backdrop for some of his finest films including Way Down East and Orphans of the Storm. In the early 1920s, its lucky residents established a private year-round community designed to remain a protected sanctuary from the stresses of modern life.

While only minutes from the conveniences of Mamaroneck Village, residents appreciate the remote feel of the community complete with scenic shoreline, magnificent views, private beach and dock. And since the peninsula is home to only 26 residences,  there are never any crowds.

Houlihan Lawrence is presently offering several Edgewater Point residences for sale.

Edgewater Point, offered at $8,999,000

Waterfront Elegance, offered at $4,200,000

Waterfront Lifestyle, offered at $2,595,000