Thursday, August 7, 2008

Mod Estate




Designed by a co-architect of Frank Lloyd Wright's Usonia community, this 1955 stone and glass house exudes earthy cool. The 2,600 square foot, 3 bedroom residence has loads of glass and many wide-open spaces that embrace the outdoors. And what an outdoors it is--21 acres of woods just east of Ossising, with distant views of the Hudson. The property includes a pool and 2 bedroom guest house. Oh, and a putting green, too. At $48,388, the annual taxes aren't for the faint of heart. As a rule, I am personally against new construction on undeveloped land, but I should note that, according to the listing, the property is sub-dividable–which gives the buyer the option of selling a portion of the property to raise some cash and reduce the tax burden. $2,499,000

3 comments:

A. said...

That is a pretty fabulous "compound" if one had the resources. . .

Anonymous said...

Wow! I'd buy this in a flash if I could. The price seems totally reasonable for what you're getting. But 50K in taxes? Yikes! I love the room with all the African masks!

Anonymous said...

A better way to cut the taxes would be to give most of the land to the Westchester Land Trust or the Nature Conservancy. That way the land would be protected from development forever. If you only kept 6 or 7 acres your taxes would drop a lot. And you would still be able to use the land to hike in.