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1 Bay AvenueLarchmont, NY 10538

For Sale

$16,750,000

Smart Buyer Rebate $167,500

An extraordinary waterfront estate in coveted Larchmont Manor, commanding breathtaking 270-degree panoramic views of Larchmont Harbor and the open waters of Long Island Sound. Beautifully positioned on 1.40 acres with expansive lawns, exquisite private gardens, a deep-water dock, and a charming waterfront gazebo, this stately brick seven-bedroom, seven-bath residence offers a rare combination of architectural elegance, exceptional privacy, and extraordinary coastal living.

A gracious circular driveway introduces the home’s timeless architecture and impressive setting, surrounded by water and spectacular vistas. The beautifully landscaped grounds extend to the shoreline, where a charming waterfront gazebo, stone seawall, and private dock that easily accommodates a 50-foot boat create an exceptional setting for boating and waterfront recreation. The expansive, columned covered porches with rich wood-paneled ceilings offer generous outdoor living and dining spaces, perfectly positioned to enjoy the magnificent views and ever-changing scenery of the harbor.

Inside, a dramatic two-story entrance foyer with a curved staircase sets the tone for the home’s gracious interiors, immediately drawing the eye to the water beyond. Generously proportioned, light-filled rooms feature walls of windows framing panoramic water views, elegant architectural millwork, beautifully refinished white oak floors, and multiple fireplaces. Designed for both sophisticated entertaining and comfortable everyday living, the main level offers multiple living and gathering spaces, a formal dining room, a contemporary kitchen with a sun-filled breakfast area, and an inviting family room opening directly to the waterfront porch and grounds.

The second level is highlighted by a luxurious primary suite with spectacular water views, a private balcony, generous closets, and a beautifully appointed spa-inspired bath. Six additional bedrooms, a dedicated home office, and thoughtfully arranged bedroom wings provide exceptional space and flexibility. The renovated lower level extends the living and entertaining areas with spacious recreation rooms, a gym, and a billiards room with bar and direct access to the grounds.

The home’s history is as remarkable as its setting. In 1934, Frederick Maximilian Emile Schaefer, former president of the F. & M. Schaefer Brewing Company, and his wife, Helene Hollis Schaefer, transformed the property into the stately Georgian-inspired brick Colonial that stands today. Avid sailors, Frederick and his brother Rudolph commuted by boat from the property’s private dock to the family’s Brooklyn brewery. Helene’s daily tradition of raising the American flag became a beloved landmark for sailors entering Larchmont Harbor, a legacy that still defines the home’s connection to the water.

Just moments from Larchmont Manor Park and Beach, and an easy walk to the village shops and restaurants, the train, Chatsworth Avenue Elementary School, and the area’s beach and yacht clubs, 1 Bay Avenue pairs a private waterfront retreat with the convenience of village life. With its remarkable waterfront setting, private boating access, storied maritime heritage, and coveted Larchmont Manor address, it presents a rare opportunity to experience waterfront living at its finest.

Listed by Linda Filby

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Compass Greater NY, LLC

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914-341-1561

Last updated October 30, 2026

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Source: OneKey #1056432

Listing Facts

  • TypeSingle-family
  • NeighborhoodLarchmont Village
  • Bedrooms7
  • Bathrooms7
  • Days on Prevu1
  • Taxes$175,356.73/year
  • Size7,502 sqft
  • Price per sqft$2,233

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Washer/Dryer
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

10/30/2026
Status changed to Active
$16,750,000
10/30/2026
Listed by Compass Greater NY, LLC
$16,750,000
  1. 10/30/2026$16,750,000
    Status changed to Active
  2. 10/30/2026$16,750,000
    Listed by Compass Greater NY, LLC

Property Details for 1 Bay Avenue

Exterior

Construction

  • Property Condition: Actual
  • Window Features: Bay Window(s), Oversized Windows
  • Year Built: 1956
  • Architectural Style: Colonial
  • Construction Materials: Brick
  • Exterior Features: Dock, Fire Pit, Garden, Juliet Balcony, Lighting

Features

  • Other Structures: Gazebo
  • Patio And Porch Features: Covered, Porch
  • View: Water
  • Waterfront Features: Sound, Water Access, Waterfront
  • Waterfront: Yes

Measurements

  • Building Area Total: 9,665
  • Building Area Units: Square Feet
  • Lot Features: Back Yard, Corner Lot, Cul-De-Sac, Front Yard, Garden, Landscaped, Level, Near School, Near Shops, Private, Sprinklers In Front, Sprinklers In Rear, Stone/Brick Wall, Views, Waterfront
  • Lot Size Acres: 1.40
  • Lot Size Square Feet: 50,759

Financial

Taxes

  • Parcel Number: 3201-007-000-00029-000-0124
  • Tax Annual Amount: $175,356.73
  • Tax Assessed Value: $8,499,000.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Cooktop, Dishwasher, Dryer, Freezer, Gas Oven, Gas Range, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces Total: 5
  • Flooring: Hardwood, Tile
  • Interior Features: Built-in Features, Cathedral Ceiling(s), Chandelier, Chefs Kitchen, Crown Molding, Double Vanity, Eat-in Kitchen, Entertainment Cabinets, Entrance Foyer, Formal Dining, His And Hers Closets, Kitchen Island, Marble Counters, Open Floorplan, Open Kitchen, Original Details, Pantry, Primary Bathroom, Recessed Lighting, Soaking Tub, Sound System, Speakers, Stone Counters, Storage, Tray Ceiling(s), Walk-In Closet(s)

Measurements

  • Living Area: 7,502
  • Living Area Source: Public Records

Rooms

  • Basement: Finished, Full, Storage Space, Walk-Out Access
  • Has Basement: Yes
  • Bathrooms Full: 6
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 7
  • Bedrooms Total: 7
  • Rooms Total: 16

Parking

Parking

  • Garage Spaces: 3
  • Garage: Yes
  • Parking Features: Attached, Garage

Schools

Elementary School

  • Elementary School: Chatsworth Avenue
  • Elementary School District: Mamaroneck

High School

  • High School: Mamaroneck High School
  • High School District: Mamaroneck

Middle or Junior School

  • Middle Or Junior School: Hommocks School
  • Middle Or Junior School District: Mamaroneck

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Forced Air, Radiant, Radiant Floor
  • Other Equipment: Generator
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 7 bedrooms and 7 bathrooms in this single-family home at 1 Bay Avenue.

What schools are nearby to 1 Bay Avenue?

Nearby schools include the Chatsworth Avenue Elementary School, Hommocks School Middle School, and Mamaroneck High School.

Does this single-family home have parking?

Yes, there are 3 parking spaces available for 1 Bay Avenue.

What are the annual taxes for 1 Bay Avenue?

Annual taxes for this single-family home are estimated at $175,356.

How does 1 Bay Avenue compare to other single-family homes in Larchmont Village?

This single-family home is listed 265% above the average price for single-family homes in Larchmont Village and has been on the market for 77 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 7,502 sqft.

1 Bay Avenue is a 7-bedroom, 7-bath single-family home for sale in Larchmont NY 10538. Available on Prevu for 1 days at $16,750,000. This residence features 7,502 square feet of living space, located in Larchmont Village. The median listing price for single-family homes in this area is $1,199,000. Nearby schools include Chatsworth Avenue Elementary School, Hommocks School Middle School, and Mamaroneck High School. The home offers private outdoor space, dishwasher, air conditioning, parking, and washer/dryer. Browse more single-family home listings in Larchmont.

The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey™ MLS. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2026, OneKey™ MLS. All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.