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7 Fernwood Avenue, Rye, NY, 10580

5beds
5baths
3,686sqft
$1,999,900
$543price/sqft
$14,320/moest. monthly cost
$572,800/yrincome needed

About This Home

Welcome to 7 Fernwood Avenue, a beautifully renovated 5-bedroom, 4.5-bath home in the heart of sought-after Rye. Thoughtfully redesigned, this move-in ready residence blends timeless architecture with modern finishes, offering bright, open living spaces and a seamless flow ideal for both everyday living and entertaining. The centerpiece of the home is the stunning chef’s kitchen, complete with an oversized quartz island, apron-front sink, custom cabinetry, and a full suite of premium Thermador appliances, including a professional-grade range, wine refrigerator, microwave drawer, and dishwasher. The kitchen opens effortlessly to a sunlit family room, creating a warm and inviting space to gather. A formal dining room and a gracious living room with a wood-burning fireplace provide the perfect setting for hosting, while a well-designed mudroom and welcoming foyer add everyday convenience. Upstairs, the spacious primary suite offers a peaceful retreat with a walk-in closet and a beautifully appointed en-suite bath. A secondary bedroom with its own private bath is ideal for guests or extended family, while two additional bedrooms share a stylish hall bath. The fully finished lower level expands the living space with a recreation room, an additional bedroom, a full bath, and a dedicated laundry area—perfect for work, play, or overnight guests. Set on a level, serene property, this home also features a one-car garage and thoughtfully designed outdoor space. With high-end finishes throughout and every detail carefully considered, this exceptional home delivers the perfect blend of luxury, comfort, and convenience in one of Rye’s most desirable neighborhoods.

Getting Around

41
WalkingCar-Dependent
0
TransitVery Limited Transit
53
BikeBikeable

Schools

10/10
Milton SchoolGrades K-50.8 mi
8/10
Rye Middle SchoolGrades 6-80.4 mi
10/10
Rye High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1929

Materials

  • Construction materials: Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Tudor
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Oven,Range,Refrigerator
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • Cathedral Ceiling(s)
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Attic: Partial

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,686
  • Total interior livable area: 3,686 sqft

Other

  • Level: First

Other

  • Level: Second

Other

  • Level: Basement

Property

Details

  • Parcel number: 1400146019000010000032
  • Special condition: None

Features

  • Fencing: Back Yard

Lot

  • Lot size: 4,356 sqft

Parking

  • Total spaces: 1
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Inland Flooding
Lightning
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters in Westchester County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $10,112$121,344
Home Insurance *$533$6,396
Property Taxes $3,066$36,792
Electricity $609$7,309
Total$14,320$171,840
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$490,971/yr
40% on housing$429,600/yr
45% on housing$381,866/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.8%
5.8%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$543This listing

vs Other Active Listings

Avg $/sqft

ZIP 10580$795
Westchester County$419

vs Homes Sold Last Month

Median $/sqft

ZIP 10580$831
Westchester County$422

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-26Listed for sale$2,195,000
2026-03-30Listing removed$2,295,000
2026-03-05Price change$2,295,000
2026-02-20Price change$2,350,000
2026-01-09Listed for sale$2,395,000
2025-10-23Sold$1,400,000

For Sale by Agent

AgentTanya Makan
BrokerageBerkshire Hathaway HS NY Prop

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