The Matthews Team

William Raveis Lifestyles Realty

12 Magnolia DrivePurchase, NY 10577Price: $4,999,000

  • Price: $4,999,000
  • Est. Mortgage of $/month
  • 46 Days on Market
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Federal 30-year interest rate: 6.65% last updated on Aug 20, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $4,999,000List Price
  • 6Bedrooms
  • 9Bathrooms
  • 2.16Acreage
  • 9,725Square Feet
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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.

Property Details of 12 Magnolia Drive

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Listed by Christine Hazelton of Houlihan Lawrence Inc. (914-967-7680)

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 24, 2026 10:19 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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