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12 Magnolia DrivePurchase, NY 10577

For Sale

$4,999,000

Smart Buyer Rebate $49,990

Beyond a tree-lined private drive and sweeping circular motor court lies one of Purchase Estates' most exceptional residences. Privately set on 2.16 exquisitely landscaped acres, this stately brick Colonial offers timeless architecture, exceptional privacy, and commanding curb appeal. A dramatic two-story foyer with a sweeping staircase introduces interiors of remarkable scale, refined craftsmanship, soaring ceilings, elegant millwork, and beautifully proportioned rooms. Designed for both grand entertaining and everyday living, the first floor features a sunken formal living room with fireplace, an elegant library/study with custom built-ins and wet bar, an oversized formal dining room with butler's pantry, and a spectacular chef's kitchen with professional-grade appliances, abundant custom cabinetry, oversized center island, and spacious breakfast room. French doors from both the breakfast room and dramatic family room with floor-to-ceiling stone fireplace open to the expansive slate patio, creating seamless indoor-outdoor living. A private guest suite with private patio access, oversized laundry room, mudroom, and service entrance complete the main level. The luxurious primary suite is a true retreat featuring a sitting room with custom built-ins and coffee bar, tray ceiling, gas fireplace, dual custom walk-in closets, and a spa-inspired bath with Jacuzzi tub, oversized shower, and dual vanities. Four additional ensuite bedrooms, each with a walk-in closet, an upstairs library/playroom, and a rear staircase complete the second floor. The walk-out lower level offers a finished storage of a recreation room with kitchenette, fitness room, abundant storage, and expansive unfinished space ready for a wine cellar, golf simulator, home theater, wellness retreat, or additional entertaining space. The spectacular grounds are among the finest in Purchase Estates. Beautifully level and impeccably landscaped, the resort-style backyard features a stunning pool, expansive slate patio, sprawling lawns, and mature specimen trees, creating the perfect setting for everyday enjoyment or grand-scale entertaining. Rarely does a property offer this level of privacy, beauty, and usable outdoor space. Ideally located just minutes from country clubs, golf courses, award-winning schools, and major parkways, this extraordinary estate offers a rare opportunity to own one of Purchase's premier luxury residences.

Listed by Christine Hazelton

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Houlihan Lawrence Inc.

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914-967-7680

Last updated July 15, 2026

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Source: OneKey #1022813

Listing Facts

  • TypeSingle-family
  • NeighborhoodPurchase
  • Bedrooms6
  • Bathrooms9
  • Days on Prevu21
  • HOA/Maint. Fees$5,500/annual
  • Taxes$77,094/year
  • Size9,725 sqft
  • Price per sqft$514

Amenities

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

Location

Mortgage Calculator

Listing History

07/10/2026
Listed by Houlihan Lawrence Inc.
$4,999,000

Property Details for 12 Magnolia Drive

Association

Amenities

  • Association Amenities: Maintenance Grounds

Fees

  • Association Fee: $5,500.00 Annually
  • Association Fee Includes: Grounds Care

General

  • Association Name: Common Area Maintence At Purchase Estates

Exterior

Construction

  • Year Built: 2002
  • Architectural Style: Colonial
  • Construction Materials: Brick

Features

  • Patio And Porch Features: Patio
  • Pool Features: Fenced, In Ground, Pool/Spa Combo
  • Pool Private: Yes

Measurements

  • Building Area Units: Square Feet
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Level, Near Golf Course, Near School, Near Shops, Private, Secluded, Sprinklers In Front, Sprinklers In Rear, Stone/Brick Wall, Views
  • Lot Size Acres: 2.16
  • Lot Size Square Feet: 92,576

Financial

Taxes

  • Parcel Number: 2801-000-961-00000-000-0026
  • Tax Annual Amount: $77,094.00
  • Tax Assessed Value: $39,550.00
  • Tax Year: 2026

Interior

Features

  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Washer, Wine Refrigerator
  • Fireplace: Yes
  • Fireplaces Total: 3
  • Interior Features: First Floor Bedroom, First Floor Full Bath, Built-in Features, Cathedral Ceiling(s), Chefs Kitchen, Crown Molding, Double Vanity, Entrance Foyer, Formal Dining, Granite Counters, High Ceilings, His And Hers Closets, In-Law Floorplan, Kitchen Island, Natural Woodwork, Open Floorplan, Open Kitchen, Pantry, Primary Bathroom, Recessed Lighting, Sauna, Tray Ceiling(s), Walk-In Closet(s)
  • Spa: Yes

Measurements

  • Living Area: 9,725
  • Living Area Source: Public Records

Rooms

  • Basement: Full, Partially Finished, Storage Space
  • Has Basement: Yes
  • Bathrooms Full: 8
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 9
  • Bedrooms Total: 6
  • Rooms Total: 13

Other

Location

  • Subdivision Name: Purchase Estates

Parking

Parking

  • Garage Spaces: 3
  • Garage: Yes
  • Parking Features: Attached, Driveway, Garage, Oversized, Private

Schools

Elementary School

  • Elementary School: Purchase
  • Elementary School District: Harrison

High School

  • High School: Harrison High School
  • High School District: Harrison

Middle or Junior School

  • Middle Or Junior School: Louis M Klein Middle School
  • Middle Or Junior School District: Harrison

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Hydro Air, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Underground Utilities, Water Connected
  • Water Source: Public

Frequently Asked Questions

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

There are 6 bedrooms and 9 bathrooms in this single-family home at 12 Magnolia Drive.

What schools are nearby to 12 Magnolia Drive?

Nearby schools include the Purchase Elementary School, Louis M Klein Middle School, and Harrison High School.

Does this single-family home have parking?

Yes, there are 3 parking spaces available for 12 Magnolia Drive.

What are the annual taxes for 12 Magnolia Drive?

Annual taxes for this single-family home are estimated at $77,094.

How does 12 Magnolia Drive compare to other single-family homes in Purchase?

This single-family home is listed 38% below the average price for single-family homes in Purchase and has been on the market for 98 less days than the typical home in this area.

What building or home owners association is the single-family home part of?

This single-family home is part of the Common Area Maintence At Purchase Estates home owners association.

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

According to the MLS, this listing is 9,725 sqft.

12 Magnolia Drive is a 6-bedroom, 9-bath single-family home for sale in Purchase NY 10577. Available on Prevu for 21 days at $4,999,000. This home features 9,725 square feet of living space, located in Purchase. The median listing price for single-family homes in this area is $5,495,000. Nearby schools include Purchase Elementary School, Louis M Klein Middle School, and Harrison High School. Property amenities include private outdoor space, dishwasher, air conditioning, parking, swimming pool, and washer/dryer. Browse more single-family home listings in Harrison.

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.