
Estimated payment $25,915/month
Highlights
- Eat-In Gourmet Kitchen
- Colonial Architecture
- Wood Flooring
- Rye Middle School Rated A+
- Living Room with Fireplace
- High Ceiling
About This Home
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
Listing Agent
R2M Realty Inc Brokerage Phone: 845-358-2000 License #10401322195 Listed on: 08/08/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,657
Year Built
- Built in 2025
Lot Details
- 10,019 Sq Ft Lot
Parking
- 2 Car Garage
- Garage Door Opener
- Driveway
Home Design
- Colonial Architecture
- Shake Siding
- HardiePlank Type
- Stucco
Interior Spaces
- 4,525 Sq Ft Home
- 3-Story Property
- Whole House Entertainment System
- Indoor Speakers
- Sound System
- Built-In Features
- Dry Bar
- Crown Molding
- Tray Ceiling
- High Ceiling
- Recessed Lighting
- Chandelier
- Electric Fireplace
- Gas Fireplace
- ENERGY STAR Qualified Doors
- Entrance Foyer
- Living Room with Fireplace
- 2 Fireplaces
- Formal Dining Room
- Storage
- Wood Flooring
- Smart Thermostat
Kitchen
- Eat-In Gourmet Kitchen
- Breakfast Bar
- Convection Oven
- Cooktop
- Microwave
- Freezer
- Dishwasher
- Wine Refrigerator
- Stainless Steel Appliances
- Kitchen Island
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
- Walk-In Closet
- Double Vanity
- Soaking Tub
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
- Basement Storage
Schools
- Osborn Elementary School
- Rye Middle School
- Rye High School
Utilities
- Forced Air Heating and Cooling System
- Underground Utilities
- Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 4 / 2
- Assessor Parcel Number 1400-146-018-00002-000-0004
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $15,657 | $16,900 | $5,550 | $11,350 |
2023 | $19,173 | $16,900 | $5,550 | $11,350 |
2022 | $18,571 | $16,900 | $5,550 | $11,350 |
2021 | $18,516 | $16,900 | $5,550 | $11,350 |
2020 | $17,494 | $16,900 | $5,550 | $11,350 |
2019 | $7,433 | $16,900 | $5,550 | $11,350 |
2018 | $12,616 | $16,900 | $5,550 | $11,350 |
2017 | $4,458 | $17,400 | $5,550 | $11,850 |
2016 | $7,119 | $17,400 | $5,550 | $11,850 |
2015 | -- | $17,400 | $5,550 | $11,850 |
2014 | -- | $19,200 | $5,550 | $13,650 |
2013 | -- | $19,200 | $5,550 | $13,650 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/08/2025 08/08/25 | For Sale | $4,495,000 | +187.7% | $993 / Sq Ft |
05/23/2024 05/23/24 | Sold | $1,562,500 | +12.0% | $704 / Sq Ft |
02/02/2024 02/02/24 | Pending | -- | -- | -- |
01/25/2024 01/25/24 | For Sale | $1,395,000 | -- | $629 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $1,562,500 | Core Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $2,612,629 | Construction |
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Source: OneKey® MLS
MLS Number: 899297

APN: 1400-146-018-00002-000-0004
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