4-Acre Rye Estate To Be Sold At Auction

RYE, NY — A four-acre estate situated in Rye is being offered for sale in a sealed bid auction by Madison Hawk Partners, a national real estate firm and industry leader specializing in Structured Accelerated Sales. The auction sale of the property at 3 Club Road presents an incredibly unique and flexible purchasing opportunity in New York City’s submarket, a spokesperson said.

The land is currently home to a majestic, “move-in ready” 13,650 square-foot mansion. The parcel also has recently applied for a subdivision into three buildable acre-plus homesites in a desirable setting that could be sold separately. (For more information on this and other neighborhood stories, subscribe to Patch to receive daily newsletters and breaking news alerts.)

“This is the perfect residence for a sophisticated buyer seeking an exclusive Westchester County address or a smart investment opportunity for anyone looking to monetize the potential of the property,” says Jeff Hubbard, President of Madison Hawk Partners. “The purchaser will be provided the opportunity to reside in the magnificent home in its current configuration, or split the property and sell two buildable lots while retaining much of the existing home.”

Originally built in 1928 on the grounds of the Apawamis Country Club, the standing country-style estate is one of the largest and most private residences in Rye. Expanded to its current layout in 2009, the seven-bedroom home features a multitude of formal and informal living spaces, including a modern gourmet kitchen, 18-seat theater, massage/treatment room, exercise room, large game room with fireplace and bar and guest quarters with kitchenette over its five-car, heated garage. The grounds also boast an in-ground pool and adjacent pond.

The property is just blocks from downtown Rye and its wealth of locally owned shops and fine-dining establishments. It is 10 minutes from the Rye Metro North Train Station and a half–mile from Interstate 95, both of which quickly whisk commuters to New York City’s business and entertainment centers.

Interested bidders can view the property by appointment during Open House events from noon to 2 p.m. Oct. 18, 22 and 26 and Nov. 2 and 5.

A Due Diligence Package is available to purchase for $20 electronically and a requirement for bidding. Sealed bids are due at Madison Hawk’s New York Office by 3 p.m. ET Nov. 15 and should by delivered to Madison Hawk Partners, 575 Lexington Avenue, Suite 4023, New York, NY 10022.

For additional information, please call 212-971-9720 or visit www.madisonhawk.com/auctions/rye.

Photo credit: Submitted.