Buy with Yoreevo
$4,911,517
List Price: $4,999,000
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12 Magnolia Drive

House in Purchase •  building info
6bd • 8.5ba • 9,725ft² $514 per ft²
Buy with Yoreevo

$4,911,517

List Price

$4,999,000

Key Details
Days on market
40
Last price change
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Estimated payment
$33,399/mo
Taxes
$6,425/mo
Maintenance
N/A
Description
Beyond a tree-lined private drive and sweeping circular motor court lies one of Purchase Estates' most exceptional residences. Privately set on 2.16 exquisitely landscaped acres, this stately brick Colonial offers timeless architecture, exceptional privacy, and commanding curb appeal. A dramatic two-story foyer with a sweeping staircase introduces interiors of remarkable scale, refined craftsmanship, soaring ceilings, elegant millwork, and beautifully proportioned rooms. Designed for both grand entertaining and everyday living, the first floor features a sunken formal living room with fireplace, an elegant library/study with custom built-ins and wet bar, an oversized formal dining room with butler's pantry, and a spectacular chef's kitchen with professional-grade appliances, abundant custom cabinetry, oversized center island, and spacious breakfast room. French doors from both the breakfast room and dramatic family room with floor-to-ceiling stone fireplace open to the expansive slate patio, creating seamless indoor-outdoor living. A private guest suite with private patio access, oversized laundry room, mudroom, and service entrance complete the main level. The luxurious primary suite is a true retreat featuring a sitting room with custom built-ins and coffee bar, tray ceiling, gas fireplace, dual custom walk-in closets, and a spa-inspired bath with Jacuzzi tub, oversized shower, and dual vanities. Four additional ensuite bedrooms, each with a walk-in closet, an upstairs library/playroom, and a rear staircase complete the second floor. The walk-out lower level offers a finished storage of a recreation room with kitchenette, fitness room, abundant storage, and expansive unfinished space ready for a wine cellar, golf simulator, home theater, wellness retreat, or additional entertaining space. The spectacular grounds are among the finest in Purchase Estates. Beautifully level and impeccably landscaped, the resort-style backyard features a stunning pool, expansive slate patio, sprawling lawns, and mature specimen trees, creating the perfect setting for everyday enjoyment or grand-scale entertaining. Rarely does a property offer this level of privacy, beauty, and usable outdoor space. Ideally located just minutes from country clubs, golf courses, award-winning schools, and major parkways, this extraordinary estate offers a rare opportunity to own one of Purchase's premier luxury residences.

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Important Stuff
Washer/Dryer in unit
Home features
Dishwasher
Fireplace
Building amenities
Services and facilities
Parking

Garage

Shared outdoor space
Patio
Building info

History
What it'll cost
Purchase price
$4,999,000
Asking Price: $4,999,000
Term
30 Years
Down Payment
$499,000 (10%)
Min: 10% (499,000)
Rate
6.0 %
Mortgage Amount
$4,499,100
Mortgage Payment
$26,974
Taxes
$6,425
Estimated Yoreevo rebate
$87,483
Estimated closing cost
$189,000
Total monthly cost $33,399
Buy your dream home with us and get an estimated
$87,483 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Houlihan Lawrence Inc.

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