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731 Forest Avenue, Rye, NY, 10580

6beds
6baths
4,476sqft
$4,795,000
$1,071price/sqft
$33,617/moest. monthly cost
$1,344,680/yrincome needed

About This Home

Introducing an iconic Milton Point treasure that best combines true architectural mastery alongside a coveted waterfront location. This stunning Victorian has been fully renovated, expanded and thoughtfully improved, inside and out, sparing no expense to preserve and enhance the historic details now blended perfectly with all imaginable modern amenities. An unreplicable home in a premier Rye location, offering partial water views and shared deep water dock. A rare find not to be missed.

Getting Around

39
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

9/10
Milton SchoolGrades K-50.2 mi
7/10
Rye Middle SchoolGrades 6-81.2 mi
10/10
Rye High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1890

Materials

  • Construction materials: Shingle Siding

Type & Style

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

Interior

Appliances

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

Basement

  • Has basement: Yes
  • Basement: See Remarks,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Features

  • First Floor Bedroom,First Floor Full Bath,Chefs Kitchen,Entrance Foyer,Formal Dining,High Ceilings
  • Flooring: Wood
  • Number of fireplaces: 4
  • Fireplace: Yes
  • Attic: Stairs

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,476
  • Total interior livable area: 4,476 sqft

Property

Details

  • Parcel number: 1400153011000020000020
  • Special condition: None

Features

  • Levels: Three Or More
  • Exterior features: Balcony,Dock,Lighting
  • Fencing: Back Yard
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • Waterfront features: Water Access

Lot

  • Lot size: 0.48 Acres

Parking

  • Total spaces: 2
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 $24,246$290,952
Home Insurance *$1,280$15,360
Property Taxes $7,352$88,224
Electricity $739$8,876
Total$33,617$403,404
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,152,582/yr
40% on housing$1,008,510/yr
45% on housing$896,453/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

$1,071This listing

vs Other Active Listings

Avg $/sqft

ZIP 10580$775
Westchester County$418

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
2026-07-24Listed for sale$4,795,000
2021-06-30Sold$950,000
2004-10-20Sold$1,995,000
1999-02-16Sold$1,225,000

For Sale by Agent

AgentLouis Katsoris
BrokerageJulia B Fee Sothebys Int. Rlty

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