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New construction
  • $4,375,000

    50 Franklin Avenue, Rye, NY 10580

    6beds
    4,525sqft
    Single Family Residence, Residential
    Built in 2025
    10,019 Square Feet Lot
    $-- Zestimate®
    $967/sqft
    $-- HOA

    What's special

    Two built-in refrigerator drawersAttached two-car garagePrivate guest suiteThree additional spacious bedroomsCovered patioIntricate custom panelingOpen-concept layout
    Welcome to your luxury new-construction home at 50 Franklin Avenue in highly sought-after Rye Gardens. Meticulously designed and custom built by The Red Diamond Group, this ~4,525-square-foot residence offers an exceptional blend of classic elegance and modern functionality. An open-concept layout with soaring 10-foot ceilings on the main level creates an ideal setting for both everyday living and sophisticated entertaining. The home features an attached two-car garage and a grand two-story foyer with 20+ foot ceilings, intricate custom paneling, and crown molding throughout. At the heart of the home is a chef’s kitchen featuring locally crafted custom cabinetry, a stunning 10-foot Taj Mahal Quartzite Island with a double waterfall edge, and two built-in refrigerator drawers for beverages and additional storage. Professional-grade appliances include a 48-inch Wolf Range and a 48-inch panel-ready Fisher & Paykel Refrigerator. A 16-foot Pella sliding glass door seamlessly connects the dining area to an ~500-square-foot Trex deck, creating an ideal indoor-outdoor entertaining space. The dining room features a custom built-in coffee bar with an additional beverage refrigerator. Anchoring the adjacent living room is a 72-inch linear fireplace finished in matching Taj Mahal Quartzite. The primary suite occupies its own private wing on the upper level and includes two walk-in closets and a spa-like ensuite bath with a freestanding soaking tub and rain-head shower. Also on the upper level are three additional spacious bedrooms and two additional bathrooms, with each bedroom offering direct access to a bathroom. The walk-out lower level includes a finished movie theater, a flexible sixth bedroom or gym/office, and a private guest suite. This level opens to a covered patio and a professionally landscaped private yard surrounded by Green Giant Evergreens. Built with premium materials and systems throughout, the home features a hydro-forced hot-air HVAC system with three units and four zones—one for each floor plus a dedicated zone for the primary suite—as well as a Navien gas boiler with an indirect hot water tank. Interior finishes include 5-inch select white oak hardwood flooring throughout and a comprehensive custom millwork package with bespoke cabinetry for built-ins, vanities, and walk-in closets. The home is fully wired for smart-home functionality and includes a keypad alarm, security cameras, Sonos speakers, and 4-inch LED recessed lighting, all powered by a 200-amp electrical panel. Additional features include Pella Lifestyle Series Windows with SDL grilles for energy efficiency and timeless style, and an exterior finished in Arctic White James Hardie lap and shake siding. Located just a short walk to Osborn Elementary, Rye Middle School, and Rye High School, and approximately 40 minutes by train to Grand Central, this property offers the perfect combination of privacy, luxury, and convenience in one of Rye’s most desirable neighborhoods
    30 days
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    4,378
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    117
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    Zillow last checked: 8 hours ago

    Listing updated: February 03, 2026 at 06:36pm

    Listing by:

    R2M Realty Inc 845-358-2000,

    Kory Borenkoff 845-709-9722

    Source: OneKey® MLS,MLS#: 929454MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Bedroom 1
    • Level: Second
    Bedroom 2
    • Level: Second
    Bedroom 3
    • Level: Second
    Bedroom 4
    • Level: Second
    Bedroom 5
    • Level: Lower
    Bathroom 1
    • Level: First
    Bathroom 2
    • Level: Second
    Bathroom 3
    • Level: Second
    Bathroom 4
    • Level: Second
    Bathroom 5
    • Level: Lower
    Other
    • Level: Lower
    Bonus room
    • Level: Lower
    Den
    • Level: First
    Dining room
    • Level: First
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Convection Oven, Cooktop, Dishwasher, Dryer, Electric Oven, ENERGY STAR Qualified Appliances, Freezer, Gas Cooktop, Gas Range, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer, Indirect Water Heater, Wine Refrigerator
    • Laundry: Washer/Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room, Washer Hookup
    Features
    • Breakfast Bar, Built-in Features, Chandelier, Chefs Kitchen, Crown Molding, Double Vanity, Dry Bar, Eat-in Kitchen, Entertainment Cabinets, Entrance Foyer, Formal Dining, High Speed Internet, His and Hers Closets, In-Law Floorplan, Kitchen Island, Natural Woodwork, Open Floorplan, Open Kitchen, Primary Bathroom, Quartz/Quartzite Counters, Recessed Lighting, Smart Thermostat, Soaking Tub, Sound System, Speakers, Storage, Tray Ceiling(s), Whole House Entertainment System, Wired for Sound
    • Flooring: Hardwood
    • Doors: ENERGY STAR Qualified Doors
    • Basement: Finished,Full,See Remarks,Storage Space,Walk-Out Access
    • Attic: Pull Stairs
    • Number of fireplaces: 2
    • Fireplace features: Basement, Electric, Gas, Living Room
    Interior area
    • Total structure area: 4,525
    • Total interior livable area: 4,525 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Driveway, Garage, Garage Door Opener
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    Lot
    • Size: 10,019 Square Feet
    Details
    • Parcel number: 1400146018000020000004
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence, Residential
    Materials
    • HardiPlank Type, Shake Siding, Stucco
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2025
    • Major remodel year: 2025

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected

    Community & HOA

    Community
    • Subdivision: Rye Gardens
    HOA
    • Has HOA: No
    Location
    • Region: Rye

    Financial & listing details

    • Price per square foot: $967/sqft
    • Tax assessed value: $16,900
    • Date on market: 10/28/2025
    • Cumulative days on market: 168 days
    • Listing agreement: Exclusive Right To Sell
    • Electric utility on property: Yes

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    1/6/2026Listed for sale$4,375,000-2.7%$967/sqft
    Source: OneKey® MLS #929454 Report a problem
    12/24/2025Listing removed$4,495,000$993/sqft
    Source: OneKey® MLS #929454 Report a problem
    10/28/2025Listed for sale$4,495,000$993/sqft
    Source: OneKey® MLS #929454 Report a problem
    10/28/2025Listing removed$4,495,000$993/sqft
    Source: OneKey® MLS #899297 Report a problem
    8/8/2025Listed for sale$4,495,000+187.7%$993/sqft
    Source: OneKey® MLS #899297 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024-- $16,900
    2023-- $16,900
    2022-- $16,900

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

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    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 10580

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Osborn
    • Middle: Rye Middle School
    • High: Rye 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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