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50 Franklin AvenueRye, NY 10580

For Sale

$4,375,000

Smart Buyer Rebate $43,750

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

Listed by Kory Borenkoff

·

R2M Realty Inc

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845-358-2000

Last updated January 30, 2026

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Source: OneKey #929454

Listing Facts

  • TypeSingle-family
  • NeighborhoodRye
  • Bedrooms6
  • Bathrooms5
  • Days on Prevu95
  • Size4,525 sqft
  • Price per sqft$967

Amenities

  • Dishwasher
  • Washer/Dryer
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

01/06/2026
Status changed to Active
$4,375,000
01/06/2026
Price Decreased
$4,375,000
12/24/2025
Status changed to Temporarily Off Market
$4,495,000
10/28/2025
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

Frequently Asked Questions

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

There are 6 bedrooms and 5 bathrooms in this single-family home at 50 Franklin Avenue.

What schools are nearby to 50 Franklin Avenue?

Nearby schools include the Osborn Elementary School, Rye Middle School, and Rye High School.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 50 Franklin Avenue.

How does 50 Franklin Avenue compare to other single-family homes in Rye?

This single-family home is listed 21% above the average price for single-family homes in Rye and has been on the market for 47 more 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 4,525 sqft.

50 Franklin Avenue is a 6-bedroom, 5-bath single-family home for sale in Rye NY 10580. Listed on Prevu for 95 days at $4,375,000. This includes a recent price decrease of $120,000. This residence features 4,525 square feet of living space, located in Rye. The median listing price for single-family homes in this area is $1,895,000. Nearby schools include Osborn Elementary School, Rye Middle School, and Rye High School. Additional amenities include dishwasher, air conditioning, parking, and washer/dryer. View other single-family home listings in New York.

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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.