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.
Lot/land
$800,000
451 Underhill Road, Scarsdale, NY 10583
--beds
--baths
1.09Acres
Land
Built in ----
1.09 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 23 days |
- 1,202 |
- 60 |
Zillow last checked: 8 hours ago
Listing updated: January 05, 2026 at 01:12pm
Listing by:
Compass Greater NY, LLC 914-725-7737,
Seth L. Keslow 917-626-9568,
Lauren Hurwitz 516-729-3609,
Compass Greater NY, LLC
Source: OneKey® MLS,MLS#: 945065
Facts & features
Property
Lot
- Size: 1.09 Acres
Details
- Parcel number: 2689008330002440000012
- Special conditions: None
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Location
- Region: Scarsdale
Financial & listing details
- Tax assessed value: $824,100
- Annual tax amount: $18,451
- Date on market: 1/5/2026
- Listing agreement: Exclusive Right To Sell
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/5/2026 | Listed for sale | $800,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $824,100 +56.1% |
| 2023 | -- | $527,800 -1.3% |
| 2022 | -- | $534,600 -8.6% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: Greenville
Nearby schools
GreatSchools rating
- 10/10Greenville SchoolGrades: K-6Distance: 0.7 mi
- 10/10Edgemont Junior Senior High SchoolGrades: 7-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Greenville
- Middle: Edgemont Junior-Senior High School
- High: Edgemont Junior-Senior High School
Source: OneKey® MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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