For Sale193d on market
54 Reed Avenue
North Salem, NY, 10560 • 10560 • Westchester County
$7,900,000
164.6 acLot
This home is getting attention
Listed 193 days ago · 248 views · 9 saves
Market activity
Demand and pricing signals for this listing
248 views
People checking out this listing
9 saves
Buyers have saved this home
193 days on market
Established listing
About this home
Lot
Reed Road Farm presents a unique development opportunity spanning approximately 164 acres across three parcels located in the prestigious Westchester County. This substantial land assembly features varied topography, with extensive countryside and reservoir views from elevated ridge areas along Route 22. Recent lot line adjustments have optimized the parcels for individual sale or acquisition as a complete development package. Listing is for an assemblage of 3 different lots totaling 164 acres. Within the R-1 zoning, there is strong potential for residential development with single family dwellings as a permitted use. Additional adjoining parcels are available to bring the total acreage to 232 acres in both North Salem and Southeast.
Standout features identified
Our analysis highlights reservoir views, varied topography, and elevated ridge areas as key attractions of this home.
Estimated monthly payment
Based on current rates
$52,043/month
Principal & Interest$41,509
Property Tax$7,900
Insurance$2,633
Down payment20% ($1,580,000)
3%50%
Est. 6.87% rate · 30yr fixed · $6,320,000 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeLand
Systems
Water / SewerNone
Parking & Outdoor
Lot164.60 Acres
Location & Tax
Neighborhood10560
Annual tax$37,327
Parcel4000002000017340000015
Listing insights
Market data and value estimates
StatusFor Sale
Days on market193
Tax rate1.57%
On marketOct 2, 2025
PostedOct 3, 2025
MLS updatedOct 3, 2025
Tour days6
Views248
Favorites9
How are the schools in North Salem?
2 schools rated nearby
Location
North Salem, NY, 10560
Price history
1 event
DateEventPrice$/sqftSource
Oct 3, 2025Listed For Sale$7,900,000—OneKey® MLS as distributed by MLS GRID
Listed For Sale$7,900,000
Oct 3, 2025•OneKey® MLS as distributed by MLS GRID
Nearby homes
Neighborhood details
Local context around this listing
North Salem, NY • Westchester County
Nearby cities
Cortlandt ManorMount VernonNew RochelleOssiningPeekskillPort ChesterScarsdaleWhite Plains
Nearby zip codes
1051910560
Similar homes
Based on information submitted to the MLS GRID as of 2026-02-06 15:18:24 PST. 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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#778)
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