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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
    76 days
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    2,747
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    81
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    Zillow last checked: 7 hours ago

    Listing updated: March 08, 2026 at 12:09pm

    Listing by:

    R2M Realty Inc 845-358-2000,

    Kory Borenkoff 845-709-9722

    Source: OneKey® MLS as distributed by MLS GRID,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: 215 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 as distributed by MLS GRID #929454 Report a problem
        12/24/2025Listing removed$4,495,000$993/sqft
        Source: OneKey® MLS as distributed by MLS GRID #929454 Report a problem
        10/28/2025Listed for sale$4,495,000$993/sqft
        Source: OneKey® MLS as distributed by MLS GRID #929454 Report a problem
        10/28/2025Listing removed$4,495,000$993/sqft
        Source: OneKey® MLS as distributed by MLS GRID #899297 Report a problem
        8/8/2025Listed for sale$4,495,000+187.7%$993/sqft
        Source: OneKey® MLS as distributed by MLS GRID #899297 Report a problem
        5/23/2024Sold$1,562,500+12%$345/sqft
        Source: OneKey® MLS as distributed by MLS GRID #H6285319 Report a problem
        2/4/2024Pending sale$1,395,000$308/sqft
        Source: OneKey® MLS as distributed by MLS GRID #H6285319 Report a problem
        1/25/2024Listed for sale$1,395,000$308/sqft
        Source: OneKey® MLS as distributed by MLS GRID #H6285319 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024-- $16,900
        2023-- $16,900
        2022-- $16,900
        2021-- $16,900
        2020-- $16,900
        2019-- $16,900
        2018-- $16,900 -2.9%
        2017-- $17,400
        2016-- $17,400
        2015-- $17,400 -9.4%
        2014-- $19,200
        2013-- $19,200
        2012-- $19,200 -15%
        2011-- $22,600 -3.4%
        2010-- $23,400
        2009-- $23,400
        2008-- $23,400
        2007-- $23,400
        2006-- $23,400
        2005-- $23,400
        2004-- $23,400
        2003-- $23,400
        2002-- $23,400
        2001-- $23,400
        2000-- $23,400
        1999-- $23,400

        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.
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        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 as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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