Gutted 1930s Lakefront Mansion Takes 50% Price Cut in West Harrison, NY (PHOTOS)

Gutted 1930s Lakefront Mansion Takes 50% Price Cut in West Harrison, NY

$3,375,000 | Built c.1931 | 13,821 Sq. Ft. | 8 Beds | 8.5+ Baths | 7.93 Acres
1503 Old Orchard Street, West Harrison, New York, United States, 10604

A nearly 8 acre waterfront estate in West Harrison, New York with ties to the Hearst family has dropped to $3.4 million, substantially lower than the $6.75 million it was seeking in March of this year. The 13,721 square foot main house with 8 beds and 8.5 baths has been gutted to the studs and ready for a builder to finish to their tastes. A previous listing mentioned that with proper change of use, the property has the potential to be used as a compound for a school, religious facility or light commercial. In addition to the main house, the property also includes a 1,300 square foot log cabin just 20′ from the shore of the lake, guest cottages, original stables, a custodian’s house and a parking garage. The property was first owned and used as a country estate by the Straus family, owners of R.H. Macy & Co. and later owned by the Hearst family. Preparations have been made to construct a one-of-a-kind 60′ infinity pool next to the main house overlooking the granite cliff above the lake. Secluded and secure, the property is surrounded by conservation land and the grandfathered permissions to build in such proximity to the natural spring-fed lake make this a rare opportunity. The property is on the market for $3.4 million with Angela Kessel of Houlihan Lawrence.