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50 Franklin Avenue

  • $4,295,000
  • 5 Beds
  • 5 Baths
  • 4,525 Sq. Ft.

50 Franklin Avenue

$4,295,000 | 50 Franklin Avenue, Rye, NY 10580

Welcome to luxury new construction in one of Rye's most sought-after neighborhoods. Meticulously designed and custom built by The Red Diamond Group, this ~4,525 SF residence delivers an exceptional blend of classic elegance and modern functionality — with every detail thoughtfully considered and no expense spared.
A grand two-story foyer with 20+ foot ceilings, intricate custom paneling, and crown molding throughout makes an immediate impression. The open-concept main level flows beneath 10-foot ceilings and is ideal for both everyday living and sophisticated entertaining, with an attached two-car garage completing the package.
At the heart of the home, the chef's kitchen showcases locally crafted custom cabinetry, a stunning 10-foot Taj Mahal Quartzite island with double waterfall edge, two built-in refrigerator drawers, a 48" Wolf Range, and a 48" panel-ready Fisher & Paykel refrigerator. A 16-foot Pella sliding glass door connects the dining area to ~500 square foot Trex deck for seamless indoor-outdoor living. The dining room features a custom built-in coffee bar with beverage refrigerator, and the adjacent living room is anchored by a 72" linear fireplace finished in matching Taj Mahal Quartzite.
The upper-level primary suite occupies its own private wing with two walk-in closets and a spa-like ensuite featuring a freestanding soaking tub and rain-head shower. Three additional bedrooms each offer direct bathroom access via two well-appointed full baths.
The walk-out lower level includes a finished home theater, flexible 6th bedroom/gym/office, and private guest suite — opening to a covered patio and professionally landscaped yard surrounded by Green Giant Evergreens for maximum privacy.
Premium systems & finishes include: 5" Select White Oak Hardwood · Hydro-forced hot-air HVAC with 3 units & 4 zones (dedicated zone for primary suite) · Navien gas boiler with indirect hot water tank · Full smart-home integration with keypad alarm, security cameras & Sonos audio · 4" LED recessed lighting · 200-amp electrical panel · Pella Lifestyle Series windows with SDL grilles · Arctic White James Hardie lap & shake siding · Comprehensive custom millwork package with bespoke built-ins, vanities & closet systems
Walk to Osborn Elementary, Rye Middle, and Rye High School. ~40 minutes to Grand Central. Privacy, luxury, and convenience — perfectly delivered.

  • Sold

    Status
  • 5

    Bedrooms
  • 5

    Bath
  • 4,525 Sq.Ft.

    Living Area
  • 0.23 Acres

    Acres Lot
  • 2025

    Year Built

Features & Amenities

Area & Lot

Status:
Sold
Living Space:
4,525 Sq.Ft.
Lot Size:
0.23 Acres
Type:
Residential
Space Type:
Single Family Residence
Year Built:
2025
Architecture Styles:
Modern Colonial
View Description:
Open Views

Interior

Total Bedrooms:
5
Total Bathrooms:
5
Full Bathrooms:
4
Half Bathrooms:
1
Kitchen:
Quartzite Island
Laundry Room:
Washer/Dryer Hook-ups
Flooring:
Hardwood
Fireplace:
2 Wood Burning Fireplaces
Appliances:
Diswasher, Convection Oven, Wolf Range
Other Interior Features:
Formal Dining Room, Walk-In Closets, Deep Soaking Tub, Dual Vanities, Home Theater, Surround Sound, Attic, Finished Basement, Crown Moulding, Covered Patio

Exterior

Stories:
2 Floors
Garage Space:
2
Lot Features:
Front Yard, Backyard, Back Patio, Front Porch, Back Terrace
Parking:
2 Car Garage
Air Conditioning:
Central Air, Smart Thermostat

Financial

Sales Price:
$4,295,000
Real Estate Taxes:
$34,332/yr

Work With Erez

With a winning approach that includes both endless patience and tenacious negotiation skills, Erez is known for putting his clients at ease, educating them on the complex New York City market and helping people with the most significant purchase of their lives.

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