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40 Penny LaneScarsdale, NY 10583

For Sale

$1,495,000

Smart Buyer Rebate $14,950

Gracefully nestled on nearly half an acre of lush, landscaped grounds, this distinguished light brick Raised Ranch exudes timeless appeal in the coveted, nationally recognized Edgemont School District. A grand first impression begins at the striking emerald green double doors, featuring raised panel detailing, an eye-catching entrance that hints at the sophistication within. Natural light pours into the expansive living room through near floor-to-ceiling windows, creating an airy, uplifting space that’s perfect for both everyday comfort and stylish entertaining. Gleaming hardwood floors flow throughout, adding warmth and richness. Just steps away, the formal dining area sits beneath a dramatic vaulted ceiling with an elegant chandelier, ideal for hosting memorable dinners and celebrations. The updated kitchen is a true heart of the home, featuring brand-new stainless steel appliances, striking new laminate countertops and backsplash, and a cozy breakfast nook with sliding glass doors that open to the deck, your gateway to morning coffee or dining under the stars. Just off the kitchen, the main-level family room invites you to unwind in a space that’s both cozy and refined, complete with a charming wood-burning fireplace, a perfect backdrop for relaxed evenings or weekend gatherings. A full-size laundry room and abundant storage add effortless functionality to this beautifully designed main floor. The serene primary suite is a true retreat, featuring a dramatic navy-blue accent wall that adds a designer touch and creates a calming atmosphere. A spa-inspired ensuite bath makes mornings feel effortless and evenings feel indulgent. Three additional generously sized bedrooms offer flexibility for family, guests, or home office use, and are served by a beautifully appointed hall bath, blending style and practicality. Downstairs, the lower level extends the home’s versatility and comfort, offering the perfect setup for extended family, multi-generational living, or long-term guests. This thoughtfully designed space includes a sleek second kitchen with crisp white cabinetry, a bright dining or breakfast area, a spacious family room, a private bedroom, a full hall bath, and its own separate entrance. Direct access to the oversized two-car garage adds convenience, while a dedicated storage area and bath enhance functionality. Step outside and discover a true backyard sanctuary. The expansive, fully paved patio is ideal for effortless entertaining, with room for multiple dining areas, a BBQ station, and even a cozy firepit. A dedicated dog run offers a haven for your four-legged friend, while a separate playground area, garden shed, and sweeping lawn surrounded by mature landscaping create a peaceful and private outdoor escape. Perfectly located near top-rated Edgemont schools, luxury shopping, fine dining, major highways, and Metro-North, this beautifully upgraded home offers the ideal blend of elegance, comfort, and convenience in one of Westchester’s most desirable communities.

Listed by Gino Bello

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Howard Hanna Rand Realty

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914-723-8700

Last updated October 13, 2025

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Source: OneKey #913413

Listing Facts

  • TypeSingle-family
  • NeighborhoodGreenville
  • Bedrooms5
  • Bathrooms4
  • Days on Prevu29
  • Taxes$42,091.1/year
  • Size3,512 sqft
  • Price per sqft$426

Amenities

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

Location

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Listing History

09/25/2025
Listed by Howard Hanna Rand Realty
$1,495,000

Property Details for 40 Penny Lane

Exterior

Construction

  • Property Condition: Updated/Remodeled
  • Window Features: New Windows
  • Year Built: 1975
  • Architectural Style: Raised Ranch
  • Construction Materials: Frame, Vinyl Siding
  • Exterior Features: Dog Run, Playground

Features

  • Fencing: Chain Link
  • Other Structures: Kennel/Dog Run, Shed(s)
  • Patio And Porch Features: Deck, Patio
  • View: Neighborhood

Measurements

  • Building Area Units: Square Feet
  • Lot Features: Back Yard, Landscaped, Level, Near Public Transit, Near School, Near Shops, Stone/Brick Wall
  • Lot Size Acres: 0.46
  • Lot Size Square Feet: 20,038

Financial

Taxes

  • Parcel Number: 2689-008-580-00398-000-0008
  • Tax Annual Amount: $42,091.10
  • Tax Assessed Value: $1,307,300.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Dryer, Gas Oven, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
  • Fireplace Features: Family Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Ceramic Tile, Hardwood
  • Interior Features: First Floor Bedroom, First Floor Full Bath, Chandelier, Eat-in Kitchen, Entrance Foyer, Formal Dining, Granite Counters, High Ceilings, In-Law Floorplan, Open Floorplan, Pantry, Primary Bathroom, Recessed Lighting, Storage, Washer/Dryer Hookup

Measurements

  • Living Area: 3,512
  • Living Area Source: Public Records

Rooms

  • Basement: Finished
  • Has Basement: Yes
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 5
  • Rooms Total: 11

Other

General

  • Exclusions: All Personal Property

Location

  • Subdivision Name: Edgemont

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Attached, Driveway, Garage
  • Parking Total: 4

Schools

Elementary School

  • Elementary School: Greenville
  • Elementary School District: Edgemont

High School

  • High School: Edgemont Junior-Senior High School
  • High School District: Edgemont

Middle or Junior School

  • Middle Or Junior School: Edgemont Junior-Senior High School
  • Middle Or Junior School District: Edgemont

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
  • Water Source: Public

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 2025, 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.