50 Franklin Avenue, Rye, NY 10580

$4,495,000

Welcome to your luxury new-construction home at 50 Franklin Avenue in the highly sought-after Rye Gardens neighborhood. Meticulously designed and custom-built by The Red Diamond Group, this ~4,525 square foot residence offers an exceptional blend of classic elegance and modern functionality. An open-concept layout and soaring 10-foot ceilings on the… Read More main level provide an ideal setting for both everyday living and sophisticated entertaining. The home includes an attached two-car garage and a dramatic 6’x8’ custom black steel and glass front door that makes a striking first impression. A grand two-story foyer with over 20-foot ceilings, intricate custom paneling, and 18-inch crown molding immediately sets the tone for the elevated finishes found throughout. The entire home is trimmed with 7-inch base floor molding, adding a sense of scale and refinement to each space. At the heart of the home is a chef’s kitchen featuring locally crafted custom cabinetry, a stunning 10-foot Taj Mahal Quartzite island with a double waterfall edge and two built-in refrigerator drawers for drinks and extra storage, and professional-grade appliances including a 48-inch Wolf Range and a 48-inch panel-ready Fisher & Paykel refrigerator. A 16-foot Pella sliding glass door seamlessly connects the dining area to a ~500 square foot Trex deck with TimberTech railings, creating a perfect indoor-outdoor entertaining space. The dining room also features a custom built-in coffee bar complete with an additional beverage fridge. Anchoring the adjacent living room is a 72-inch linear fireplace finished in matching Taj Mahal Quartzite, offering a focal point that ties the living space together. The primary suite occupies its own wing on the upper level, complete with two walk-in closets and a spa-like ensuite bath with a freestanding soaking tub and rain-head shower. Also on the upper level are three additional spacious bedrooms and two additional bathrooms, with each bedroom offering direct access to a bathroom—providing both comfort and privacy for family and guests. The walkout lower level includes a finished movie theater, a flexible sixth bedroom or gym / office space, and a separate guest suite. This level opens to a covered patio and a professionally landscaped private yard surrounded by Green Giant evergreens. Built with premium materials and systems, this home includes a hydro forced hot air HVAC system with three units and four zones—one for each floor and a separate zone for the primary suite—as well as a Navien gas boiler with an indirect hot water tank. Interior finishes include 5-inch select white oak hardwood flooring throughout and a comprehensive custom millwork package with built-ins, vanities, and walk-in closets all featuring bespoke cabinetry. The home is fully wired for a smart home system and includes a keypad alarm, security cameras, Sonos speakers, and LED 4-inch recessed lighting powered by a 200 AMP electrical panel. The home also features Pella Lifestyle Series windows with SDL grilles offering energy efficiency and timeless style. The exterior is finished in Arctic White James Hardie lap and shake siding. Move-in ready by September 2025. Located just a short walk to Osborn Elementary, Rye Middle School, and Rye High School and ~40 minute train to Grand Central this property offers privacy, luxury, and convenience in the Rye suburbs with quick direct access to NYC Read Less

Listing Courtesy of R2M Realty Inc, 845-358-2000

Listing Snapshot

Days Online

Last Updated

Aug 9, 2025

Property Type

Single Family Residence

Beds

Full Baths

Partial Baths

Square Ft.

4,525

Year Built

2025

MLS Number

899297

30 Days Snapshot Of 10580

$2.41M

(avg) sold price

+8%

homes sold

101

+13%

(avg) days on market

Snapshot

Area Map

Additional Details

Appliances & Equipment

Description: "Convection Oven", "Cooktop", "Dishwasher", "Dryer", "Electric Oven", "ENERGY STAR Qualified Appliances", "Freezer", "Gas Cooktop", "Gas Range", "Microwave", "Oven", "Refrigerator", "Stainless Steel Appliance(s)", "Washer", "Indirect Water Heater", "Wine Refrigerator"

Basement

Description: "Finished", "Full", "See Remarks", "Storage Space", "Walk-Out Access"

Building

Area: 4525, Architecture: "Colonial", Building Area: 4525, Construction Materials: "HardiPlank Type", "Shake Siding", "Stucco", Levels: "Three Or More", Year Built: 2025, Effective Year built: 2025

Cooling

Details: "Central Air"

Fireplaces

Total Fireplaces: 2

Floors

Flooring: "Hardwood"

Garage

Garage Spaces: 2

Heating

Heating: "Forced Air"

Laundry

Description: "Gas Dryer Hookup", "Inside", "Laundry Room", "Washer Hookup"

Lot

Acres: 0.23

Parking

Parking Total: 8

Utilities

Sewer: "Public Sewer", Water Source: "Public", Utilities: "Cable Available", "Electricity Connected", "Natural Gas Connected", "Phone Available", "Sewer Connected", "Underground Utilities", "Water Connected"

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