What will $2 million get you in Westchester, Rockland and Putnam? A brick colonial home perched on a hill overlooking the Long Island Sound or a petite castle with a pond and circular balcony.
In Westchester, homes above the $2 million price point are considered luxury properties. In Rockland and Putnam counties, the threshold is $1 million.
The inventory of luxury homes remains low. The number of active home listings between $1.8 million and $2.1 million were down by 47% to 74 in April 2024 from April 2019, according to the Multiple Listing Service.
A report by Houlihan Lawrence showed a handful of sales listed at the $2 million price point closed over asking prices in Westchester while the number of home sales and median prices went down by about 2% in the first quarter of 2024 from 2023.
Kay Bal, a realtor at Julia B. Fee Sotheby’s International Realty based in Scarsdale, said many buyers in this price range are from New York City who look for good schools, amenities such as pools, updated kitchens, large spaces and an easy commute.
“They are not sensitive to interest rates, market conditions or economy,” Bal said. “It’s not just a home they are buying, it’s the lifestyle. If it meets their long-term needs, they will buy regardless of interest rates or market conditions,” Bal said.
We looked at what $2 million will get you in six communities across the region — Bronxville, New Rochelle, Croton-on-Hudson, Sloatsburg, Monsey and Garrison.
Here are the six homes for sale in the $2 million range that Bal curated. It is possible one or more of these listings could have been sold or taken off the market by the time of publication.
19 Sycamore St., Bronxville: Listed at $1.99 million, taxes at $45,505
Built in 1916, this four-bedroom, three-bathroom, 3,342-square-foot colonial style home offers elevated views and seclusion. It has updated kitchen, a living room with exquisite wooden paneling, a sunroom with walls of windows and a glass panel ceiling leading to outdoor patio. There is an office and a primary ensuite with a sitting area.
38 Cortlandt Ave., New Rochelle: Listed at $2.1 million, taxes at $30,498
Built in 1920, this five-bedroom, four-bathroom, 6,336-square-foot brick colonial home is set on a 1.5-acre land. Perched on a hill overlooking downtown and the Long Island Sound, the property has been completely renovated. It has 13-foot ceilings on the main level, an entertainment parlor with billiards and instruments, a sunroom and a primary suite with a cathedral ceiling, a home office, a balcony and a fitness studio.
204 Cleveland Dr., Croton-on-Hudson: Listed at $1.8 million, taxes at $17,675
Designed by renowned Bauhaus architect Marcel Breuer, this three-bedroom, one-bathroom, 2,292-square-foot mid-century modern style home was built in 1950. Its exterior features a distinctive butterfly roof, Cypress vertical siding, and steel casement windows. It has updated kitchen, a home office, an organic vegetable garden and stone pathways.
81 Eagle Valley Road, Sloatsburg: Listed at $1.9 million, taxes at $33,177
Built in 1933, this six-bedroom, six-bathroom, 4,241-square-foot home is nestled in a serene neighborhood. It has been completely renovated with a pool, pond, private deck, fitness room and fireplace accentuated by French doors, a sunroom, an eat-in kitchen, ensuite guest room, office and three additional bedrooms with individual ensuite bath and closet.
27 Locust Hollow Dr., Monsey: Listed at $2 million, taxes at $31,841
Built in 1960, this eight-bedroom, five-bathroom, 5,893-square-foot colonial style home is situated on a landscaped property with paver driveway. It has a formal living and dining room with crown moldings and recessed lighting, an eat-in kitchen, a master bedroom with jacuzzi tub, finished basement, a pool and play area in the backyard.
50 Chapman Road, Garrison: Listed at $1.89 million, taxes at $17,772
Custom built in 2008, this three-bedroom, four-bathroom, 3,214-square-foot home looked like a European petite castle. The exterior walls are 12-inch-thick Aerated Autoclaved concrete block. A handmade oak turret staircase integrates all three levels, the top floor boasts vaulted ceilings, a study, an ensuite primary bedroom and a pond-facing circular balcony. It has a 3.5-bay garage.
Helu Wang covers development and real estate for The Journal News/lohud and USA Today Network. Reach her at hwang@gannett.com.
This article originally appeared on Rockland/Westchester Journal News: Westchester, Rockland, Putnam NY real estate: See what $2M will buy
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