Welcome to your luxury new-construction home at 50 Franklin Avenue in the highly sought-after Rye Gardens neighborhood. 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 and soaring 10-foot ceilings on the main level provide an ideal setting for both everyday living and sophisticated entertaining. The home includes an attached two-car garage and a dramatic 6’x8’ custom black steel and glass front door that makes a striking first impression. A grand two-story foyer with over 20-foot ceilings, intricate custom paneling, and 18-inch crown molding immediately sets the tone for the elevated finishes found throughout. The entire home is trimmed with 7-inch base floor molding, adding a sense of scale and refinement to each space.
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 drinks and extra storage, and professional-grade appliances including 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 a ~500 square foot Trex deck with TimberTech railings, creating a perfect indoor-outdoor entertaining space. The dining room also features a custom built-in coffee bar complete with an additional beverage fridge. Anchoring the adjacent living room is a 72-inch linear fireplace finished in matching Taj Mahal Quartzite, offering a focal point that ties the living space together.
The primary suite occupies its own wing on the upper level, complete with 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—providing both comfort and privacy for family and guests.
The walkout lower level includes a finished movie theater, a flexible sixth bedroom or gym / office space, and a separate 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, this home includes a hydro forced hot air HVAC system with three units and four zones—one for each floor and a separate 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 built-ins, vanities, and walk-in closets all featuring bespoke cabinetry. The home is fully wired for a smart home system and includes a keypad alarm, security cameras, Sonos speakers, and LED 4-inch recessed lighting powered by a 200 AMP electrical panel. The home also features Pella Lifestyle Series windows with SDL grilles offering energy efficiency and timeless style. The exterior is finished in Arctic White James Hardie lap and shake siding. Move-in ready by September 2025.
Located just a short walk to Osborn Elementary, Rye Middle School, and Rye High School and ~40 minute train to Grand Central this property offers privacy, luxury, and convenience in the Rye suburbs with quick direct access to NYC
Listed by Kory Borenkoff
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R2M Realty Inc
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845-358-2000
Last updated August 09, 2025
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Source: OneKey #899297
Listing Facts
TypeSingle-family
NeighborhoodRye
Bedrooms6
Bathrooms5
Days on Prevu33
Size4,525 sqft
Price per sqft$993
Amenities
Dishwasher
Washer/Dryer
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
08/08/2025
Listed by R2M Realty Inc
$4,495,000
Property Details for 50 Franklin Avenue
Exterior
Construction
Property Condition: New Construction
Year Built: 2025
Architectural Style: Colonial
Construction Materials: Hardi Plank Type, Shake Siding, Stucco
Measurements
Building Area Total: 4,525
Building Area Units: Square Feet
Lot Size Acres: 0.23
Lot Size Square Feet: 10,019
Financial
Taxes
Parcel Number: 1400-146-018-00002-000-0004
Tax Year: 2025
Interior
Features
Appliances: 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
Fireplace Features: Basement, Electric, Gas, Living Room
Fireplace: Yes
Fireplaces Total: 2
Flooring: Hardwood
Interior Features: Breakfast Bar, Built-in Features, Chandelier, Chefs Kitchen, Crown Molding, Double Vanity, Dry Bar, Eat-in Kitchen, ENERGY STAR Qualified Door(s), Entertainment Cabinets, Entrance Foyer, Formal Dining, High Ceilings, 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), Walk-In Closet(s), Washer/Dryer Hookup, Whole House Entertainment System, Wired For Sound
Measurements
Living Area: 4,525
Living Area Source: Plans
Rooms
Basement: Finished, Full, See Remarks, Storage Space, Walk-Out Access
Has Basement: Yes
Bathrooms Full: 4
Bathrooms Half: 1
Bathrooms Total Integer: 5
Bedrooms Total: 6
Rooms Total: 18
Other
Location
Subdivision Name: Rye Gardens
Tax Block: 2
Tax Lot: 4
Parking
Parking
Garage Spaces: 2
Garage: Yes
Parking Features: Driveway, Garage, Garage Door Opener
Parking Total: 8
Schools
Elementary School
Elementary School: Osborn
Elementary School District: Rye City
High School
High School: Rye High School
High School District: Rye City
Middle or Junior School
Middle Or Junior School: Rye Middle School
Middle Or Junior School District: Rye City
Utilities
Equipment
Cooling: Central Air
Heating: Forced Air
Laundry Features: Gas Dryer Hookup, Inside, Laundry Room, Washer Hookup
Sewer: Public Sewer
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
Water Source: Public
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