23 Pheasant Drive
About This Property
Soaring 10-foot ceilings and a dramatic 21-foot double-height living room set an architectural tone of quiet grandeur from the moment you arrive. Six ensuite bedrooms, including a second primary suite with spa-inspired bath on the main floor, offer privacy at every turn, ideal for multi-generational living or distinguished guests. A media room, fully renovated chef's kitchen with custom butler's pantry, newly built family room with galley walls and vaulted ceiling and whole-house Sonos speaker system complete an interior conceived for both grand entertaining and unhurried everyday living.
Outside, a private resort campus completed in 2020 anchors the grounds: a heated saltwater pool and spa, professional outdoor kitchen, custom bar with multiple seating areas, outdoor media room with speaker system, two designer cabanas, and a tranquil cascading waterfall create a sense of year-round escape. Below grade, a finished lower level unfolds as a world unto itself, complete with a home gym, custom bar and multiple entertaining areas.
An oversized three-car garage and full-house generator round out an offering defined by both luxury and ease - with taxes that significantly undercut comparable estates.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2026 | Relisted | $4,480,000 | |
| Relisted | |||
| Aug 5, 2026 | In contract | - | |
| In contract | |||
| May 27, 2026 | Listed by Julia B Fee Sothebys Int. Rlty | $4,550,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
| May 19, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jan 29, 2026 | Listed by Compass Greater NY, LLC | $4,575,000 | |
| Listed by Compass Greater NY, LLC | |||
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Chic and sophisticated, 23 Pheasant Drive offers an exceptional blend of refined design and effortless luxury. This elevated colonial is perfect for a serene summer escape or a primary residence. Located less than 30 miles from Midtown Manhattan, this idyllic retreat allows for a seamless transition from city energy to poolside tranquility in under one hour.
Set on 1.47 meticulously landscaped acres in coveted Rye PO, this remarkable home offers both seclusion and convenience, nestled within a quiet neighborhood adjacent to the prestigious Westchester Country Club. Just 1.6 miles from the Rye Metro-North train station and the bustling restaurants and boutiques of downtown Rye.
Greeted by stone pillars and a wrought-iron security gate, the deep driveway leads to an elegant circular parking court. The property is surrounded by beautifully fenced grounds and mature trees. Featuring six en-suite bedrooms, a home theater, and both formal and informal sitting rooms, the interior is highlighted by a spectacular 21-foot double-height ceiling in the living and dining areas. Floor-to-ceiling windows and French doors saturate the home with natural light and architectural drama. Designed for both everyday comfort and sophisticated entertaining, the main level includes a state-of-the-art chef’s kitchen, butler’s pantry, and a home office with custom woodwork.
The property truly shines as the ultimate summer entertaining destination. The backyard is a private, resort-like oasis featuring a spectacular heated saltwater pool with a custom fountain, spa, and luxurious lounge areas, complemented by two elegant pool cabanas added in 2021. A beautifully appointed chef’s-caliber outdoor kitchen anchors the space, creating the perfect setting for al fresco dining, sunset gatherings, and unforgettable summer evenings with friends.
The fully finished lower level spans an impressive 3,300 square feet and is an entertainer’s dream, complete with a second full kitchen, custom bar, seating nooks, wine cellar, gym, and a comfortable lounge and recreation area—offering endless possibilities for hosting guests or creating the ultimate wellness sanctuary.
Additional amenities include a tranquil waterfall, gardening shed and a whole-house generator, ensuring comfort and peace of mind year-round.
23 Pheasant Drive presents a rare opportunity to own a lifestyle-driven estate that blends modern elegance, privacy, and convenience in one of Westchester’s most desirable locations.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017