448 Underhill Road

Don’t miss this exceptionally rare opportunity to control a substantial land assemblage in the highly coveted Edgemont School District, where new-construction opportunities are increasingly scarce. The offering consists of two parcels located directly across the street from one another, totaling approximately 5 acres: a ~4-acre parcel with a long-established history as a gardening nursery dating back to the 1940s, and a separate ~1-acre parcel. The property is being conveyed for land value and redevelopment potential, presenting a compelling canvas for a sophisticated builder or developer to create a premier residential enclave in an established, high-demand setting. The site offers meaningful flexibility, with the ultimate configuration to be shaped by vision, design, and municipal approvals. It is widely understood that town preference favors single-family residential development, making this a particularly attractive opportunity for luxury or semi-custom new construction. Future end-users will enjoy exceptional proximity to major highways and Metro-North, along with access to nationally ranked schools, parks, country clubs, and lifestyle amenities that define the Edgemont and greater Scarsdale appeal. A rare chance to deliver thoughtfully designed new homes in one of Westchester’s most enduring and desirable markets.