Tag Archives: Mt Kisco NY Homes

Home Prices Climb in 88% of U.S. Cities | Mt Kisco Real Estate

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Prices for single-family homes climbed in 88 percent of U.S. cities in the third quarter as buyers competed for limited inventories that included fewer discounted foreclosures.

The median transaction price rose from a year earlier in 144 of 163 metropolitan areas measured, the National Association of Realtors said in a report today. A third of areas had double-digit increases.

Potential buyers view a home under construction in South Barrington, Illinois. Home prices are extending a recovery across the country, fueled by a tight supply of listings and a smaller share of distressed sales, which drag down values. Photographer: Daniel Acker/Bloomberg

Home prices are extending a recovery across the country, fueled by a tight supply of listings and a smaller share of distressed sales, which drag down values. The U.S. housing market had five months of inventory in the third quarter, down from 5.9 months a year earlier, data from the Realtors group show. Completed foreclosures in September plunged 39 percent from a year earlier, according to CoreLogic Inc.

“Most regions of the country are experiencing strong home-price appreciation off a low base,” Neil Dutta, head of U.S. economics at Renaissance Macro Research LLC in New York, said yesterday in a telephone interview. “Cities with the biggest price appreciation are in places that had bigger busts.”

Price gains are at unsustainable levels, with cities such as San Francisco and San Jose, California, approaching records, Fitch Ratings said today in a report. Much of coastal California is more than 20 percent overvalued, the firm said.

 

Biggest Increases

 

The nationwide median price for an existing single-family home rose 12.5 percent in the third quarter from a year earlier to $207,300 the Realtors group said.

The best-performing areas were Sacramento, California, and Atlanta, where prices jumped 41.8 percent. They were followed by Las Vegas and Punta Gorda, Florida, which had a 31.9 percent gain. Other cities with large increases were Los Angeles, with 26.2 percent, and Phoenix, with 25 percent.

The areas with the biggest declines were all in Illinois, led by Peoria, where prices fell 13.9 percent from a year earlier. Following were Kankakee, with a 9.9 percent drop, and Rockford, with an 8.4 percent decrease.

Rising home prices and borrowing costs are causing some buyers to hold back. The average rate for 30-year fixed loans was 4.1 percent last week, up from a near-record low of 3.35 percent in early May, according to McLean, Virginia-based Freddie Mac.

 

Sales Slip

 

Contracts (USPHTMOM) to buy existing homes dropped the most in more than three years in September, the Realtors association reported last week.

“Rising prices and higher interest rates have taken a bite out of housing affordability,” Lawrence Yun, the group’s chief economist, said in today’s statement. “However, we have the ongoing situation of more buyers than sellers in the market, so lower sales will help to take the pressure off home-price growth and allow them to rise slowly at a single-digit growth rate in 2014.”

 

 

http://www.bloomberg.com/news/2013-11-06/

 

Billionaire Activist Wants $48M for Award-Winning Penthouse | Mt Kisco Real Estate

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[Photos via BHS.]
22 images

Back in 2002, billionaire activist Jon Stryker snapped up two adjacent apartments atop the Beaux-Arts Prasada on Central Park West for $12.8 million, setting what was then an Upper West Side record for the the most expensive single-occupancy apartment purchase. Well, times, they have a-changed, and prices, they have a-soared. And Stryker just listed the combined, renovated triplex penthouse—clocking in at 5,600 square feet with five bedrooms and six baths, plus two levels of outdoor space, exposures in every direction, and Central Park views—for a whopping $48 million (h/t The Real Estalker.)

Though he’s trained as an architect himself in his native Michigan, where he is the heir to the fortune of a medical-equipment firm that bears his surname, Stryker currently devotes his time to philanthropy as one of the largest donors to gay and lesbian charities and conservation groups. Since he’s busy getting a species of monkey named after him and fighting for social justice and all, Stryker tapped notable design firm Shelton, Mindel & Associates to carry out the makeover. The units apparently came with, erm, “nymph sconces and endless stained-glass windows.” Eleven years later, the sprawling apartment still retains some classic touches, like detailed millwork and coffered ceilings, but the vibe is decidedly updated. Earning an award for its interiors from the American Institute of Architects, a 2010 jury deemed it “beguilingly timeless” and “masterfully done.” Agree or disagree?

If the photos don’t speak for themselves, there’s this from listing agent Brown Harris Stevens:

Featured in Architectural Digest, this unique mansion in the sky is in mint condition and features soaring ceilings, pristine hardwood flooring and expertly crafted millwork throughout. There are 4-5 bedrooms, 6 baths, 45 windows and 2 fireplaces. A stately foyer leads to a 19-foot gallery opening onto a dramatic corner entertaining expanse, with a fireplace a double-height coffered ceiling, a mezzanine balcony and a series of eight 7 windows capturing breathtaking direct Park views. …  Upstairs, there is a magnificent altelier, with 3 walls of floor-to-ceiling windows, limestone flooring. and French doors leading onto an extraordinary private decked terrace of approximately 3,000 sf with attractive plantings. A staircase from the terrace leads to a second, tower rooftop terrace of approximately 480 square feet, offering 360 degree views.

Stryker has plenty of other real estate holdings in Michigan, Palm Beach, and upstate New York, so perhaps he was ready to sell while the market is going gangbusters in order to harness some more millions for his charity work. · Listing: 50 Central Park West [Brown Harris Stevens] · Floor Plan Porn: Jon Stryker [The Real Estalker] · Historic Central Park Triplex [Shelton, Mindel & Associates] · 2010 INSTITUTE HONOR AWARDS FOR INTERIOR ARCHITECTURE RECIPIENT: Historic Central Park West Residence [AIA] · West Side Record [NYO]

New York could authorize seven Las Vegas-style casinos | Mt Kisco Real Estate

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Voters are holding the cards as to whether New York will authorize seven Las Vegas-style casinos following months of debate over the benefits of expanded gambling and the rewording of Tuesday’s ballot question. Although there are many online casinos operating in the states as of now which allow people to play games like Slots LV free spins, a physical establishment of a casino would most certainly increase the economy on a financial level drastically.

One casino would be in the Southern Tier near Binghamton, two in the Catskills and Mid-Hudson Valley region, and another in the Saratoga Springs-Albany area. A New York City casino would be built in seven years, although some casino operators say the law could allow for a New York City casino sooner. People can also play online casino games at legal platform like https://clubvip777.com/web/dafabet/.

Gov. Andrew Cuomo didn’t allow specific sites to be chosen, saying that will be up to the casino developers. His budget office says the state will take in $430 million in new casino revenue, with $238 million for education in a repeat of the strategy that approved lottery games. If you like those kind of games you should check out these betting deals and find out more about this cool betting world. The rest would go to communities near casinos to compensate for public safety and social costs and for tax reduction.  These developments have the potential to allow people to invest in the crypto currency space without owning CC’s outright, or using the services of a CC exchange. Bitcoin futures could make the digital asset more useful by allowing users and intermediaries to hedge their foreign-exchange risks. That could increase the cryptocurrency’s adoption by merchants who want to accept bitcoin payments but are wary of its volatile value. Institutional investors are also used to trading regulated futures, which aren’t plagued by money-laundering worries. You can find more info here about the leading digital currencies news which is used in casino.

Boosters held news conferences statewide touting bipartisan support by local government officials.

“When you’re at 18% unemployment, you’ve lost your industry, the housing market has really taken a hit around here, the potential of 1,500 jobs — it can be a game changer,” Town of Wawarsing Supervisor Scott Carlsen told The Associated Press in an interview.

The latest Siena College-New York Times poll appears to show the efforts have paid off. After New Yorkers have spent years split over the notion of expanding casino gambling, the poll released a week ago found 60% of New York City voters — who are expected to dominate Tuesday’s turnout — support the question. However, in that poll they were still split over whether voters wanted a casino in New York City, which would be authorized in Tuesday’s referendum.

Critics including good-government groups, the state Conservative Party and the state’s Catholic bishops argue that Cuomo’s estimates of benefits are inflated and that the social cost to families and communities will be profound. They also criticized what they called the referendum’s unusually rosy, one-side view of casinos, since Casinos are really popular now a days, there are even some options online for this, and there are also other resources online where you can learn how to play craps and gamble in different sites on the web.

Opponents have little money to combat the multimillion-dollar advertising campaigns of a powerful mix of business, gambling and union interests. And Cuomo had sidelined much of the expected opposition.

He assured Native American tribes that they wouldn’t face competition to their five casinos now operating under federal law. Cuomo also assured no competition to horse racing centers with video slot machines and gave them a chance to pursue casinos. The Board of Elections also moved the casino referendum to the advantageous top ballot position.

If voters reject casino gambling, the law will automatically approve more video slot machine centers. As recent studies have shown, internet gambling is growing across the globe, specially when it comes down to sports betting, people love to bet on websites similar to FanDuel. Players from New York, just like those from the Philippines, Qatar or Kuwait join online casinos and play their favorite games. The state is losing $1 billion a year spent at these offshore because of these unfriendly laws.

Supporters say casinos will recapture more than $1 billion a year now spent at casinos out of state.

“Proposal No. 1 would start to bring that money back to New York and create over 10,000 good-paying new jobs in New York state,” states one of the statewide TV ads paid for by the NY Jobs Now Committee and featuring a hard-hatted everyman.

The key may be in the referendum’s wording.

The Cuomo administration rewrote the referendum from the straightforward form submitted by the attorney general’s office. The Board of Elections added disputed promises that casinos would bring more school aid, jobs and tax breaks, without mentioning the opponents’ concerns about crime, addiction or the declining casino market that has forced some states to subsidize casinos.

An October Siena College poll tested the impact of the rewording. Voters statewide were split on casino gambling in general. But when shown the promises in the rewording, approval reached 55% for the first time.

State Conservative Party Chairman Michael Long called the casino effort “the biggest hoax ever perpetrated on the taxpayers of the state of New York,” while The New York Times called the rewording “advocacy, pure and simple.”

The critical wording was unsuccessfully challenged in court by Brooklyn lawyer Eric Snyder. The state Board of Elections won on a technicality that Snyder didn’t file his lawsuit by the Aug. 19 deadline, although the state didn’t post the rosy wording until Aug. 21. Powerful Republican Sen. John DeFrancisco is pushing a bill to prohibit rewording.

“I hope the voters send the Board of Elections the message that it’s wrong to stack the deck,” Snyder said

http://www.crainsnewyork.com/article/20131104/POLITICS/131109963

The 10 Most Annoying Types of People on Facebook | Mt Kisco Realtor

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Social media amplifies humanity.

Have you ever been to a barbecue and had to listen to someone prattle on  about themselves for hours? Attended a cocktail party and had the most  intriguing conversation with a tall dark stranger? Been invited to a friends  place and viewed so many baby photos that you felt compelled to have a  vasectomy!

Facebook, Twitter and social media take those conversations and multiply it  via the crowd. Facebook is insights, conversations and news on  steroids.

It  is a reflection of what makes us human, except that it is visible to  billions of people. We are different, fun and sometimes boring. It is a  kaleidoscope of emotions, events and the bizarre. That’s why we tune into  Facebook. Its a voyeur’s paradise. Never dull and often entertaining.

So what entices us to reveal our lives online? Is it narcissism, vanity or  just wanting to get something off our chest. Annoyance is noticed and often  shared.

Here are the results of a fun survey to find the 10 most annoying types of  people on Facebook.

The 10 most annoying people on facebook

Infographic source: Lovemyvouchers.co.uk

Who and what annoys you on Facebook?

 

 

 

Read more at http://www.jeffbullas.com/2013/10/15/the-10-most-annoying-types-of-people-on-facebook/#88WiemX4jwB425JI.99

All Together Now: Tackle Home Projects With a DIY Co-op | Mt Kisco Real Estate

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y sister Torey just moved. She and her husband are completely renovating their new house. They have accomplished so much in just a couple months, but the remaining to-do list is long. The underlying disorder is sending my Naturally Organized sister into a tailspin. My house is only a couple of years old, but I’m still working to make it home, so I have a list of things to do too.
Last week Torey mentioned she really needed to paint her front door. I intended to paint my back doors as soon as the weather cleared. “We should work together!” she said. And just like that, our DIY co-op was born. We’ve been in business a week, and both of us have crossed a task we were dreading off our list — and we’re looking forward to crossing off more.
Does this sound like a dream come true? Setting up your own DIY co-op may not be as simple as a quick phone call to your sister, but it may be easier than you think. When considering a possible DIY co-op partner, ask yourself a few things.
Is the candidate:
• Committed? You need someone who is going to show up when she says she will. Many of us have at least one of those friends — we love her to death — but our plans with her always have an imaginary asterisk beside them. If your friend isn’t reliable, no matter how wonderful and talented she is, forget about it. No flaky friends allowed.
• Fun to be with? When you are tackling arduous projects, it’s incredibly draining. Being able to laugh with another person can be a lifesaver. Lacking a sense of humor may not be a deal breaker for you, but it is for me.

traditional kitchen by Crisp Architects

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Does the candidate:
Have projects? Obviously a co-op needs to be mutually beneficial. If you have a friend who’s rude enough to have her home perfectly up-to-date and beautifully in order, don’t bother asking her to be your DIY co-op partner.
Have equal or complementary skills, goals and energy levels? This simply means you want and are capable of achieving the same things. Torey and I aren’t DIY wonders, but we can paint and organize and clean. She’s Naturally Organized and I am not, and we each have areas where we shine and those where the fetal position seems our only option. As far as our goals go, we both want to have clean and organized homes that are havens for our family and friends. We want to create lovely environments where you feel good just walking through the door. Our differences bring more to the table, and our similarities keep us there. And our energy levels are close enough that we’re able to work together.
Once you’ve found your DIY co-op partner, you need to schedule work times. Be sure to limit them to one house a day. Because of the flexibility in our schedules, Torey and I have settled on Monday mornings at her house and Wednesday mornings at mine. If you work at a job full time, you may want to work in the evenings or on weekends, and only one DIY day a week may be best. You can decide what works for you.
traditional garage and shed by Flow Wall System

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Establish the Ground Rules
These may evolve, but talk a few things through in the beginning, and as with your schedule, adjust as you go. This is what Torey and I have agreed to:
1. The helper hauls the junk away. A big project will be tiring for both of you, but when it’s your house, the exhaustion is on a whole ‘nother level, and dealing with a pile of trash bags or Goodwill boxes may be the final straw. And out of sight is out of mind.
On our first workday, we sorted through the many boxes of Torey and David’s books. David decided to go digital with everything except art books. We sorted box by box into “keep,” “donate” and “sell” piles. I bagged everything up and loaded it all into my van. That evening David remembered an expensive philosophy book he wanted to hold on to, but that was it.

Fireplace cooking may be a lost skill, but it’s one you can regain with a little practice | Mt Kisco Homes

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Except for Scouts toasting  marshmallows or hotdogs on a stick over a camp  fire, the skills of open  fire cooking that fed our forebears for millennia are  largely forgotten. The wrought iron tools and cast-iron utensils that baked many  a venison stew, harbor-pollack chowder, or mess of ham and beans are relegated  to antique shops. But much of the terminology lives on in the names of  items  still found on the kitchen shelves of today, and much of the old  ironware is  still cast — more for its curio value than for use. In the  frantic hassle that  passes for modern life, it is good on a chilly fall  evening to light a grate  fire and take the time to try your hand at fireplace cooking the way  great-great-great-grandmother did. If the spit-roasted haunch turns out  cold  in the middle and the Yorkshire pudding burns you can always send  out for a  pizza or get some fish sticks out of the freezer and pop them  into the  microwave.

Any fireplace will happily cook while it heats — persuading your wood to do  double duty. Refer to pellet stove guide for it’s installation. You can wrap sweet corn,  potatoes, fresh-ca’ught trout, and apples  in tinfoil and bury it in the  ash bank just as you would in a camp fire. But  there’s no timer or  automatic thermostat to regulate a live fire for more  complex recipes.

It takes constant attention to bake bread in a Dutch oven that is sitting  in  coals, with more coals shoveled into its dished top so the loaf cooks through  and browns on top but doesn’t come out raw in the middle and  burnt to a char on  the bottom. To maintain a simmer in the stew pot  which is hanging by its bail  from the trammel hook, the crane must be  moved back and forth and the pot  adjusted up and down while hot coals  are continually moved around with a  scuttle and ash rake.

You can  have a crane that fits your fireplace wrought by a blacksmith or  welded  by a metal-working job shop. You can still find small stamped-steel coal  scuttles for sale, but you’ll have to fashion your own rake; they  haven’t been  manufactured for a hundred years and more. Some companies like Skilled Welding can make something simular to a rake as a special request but they can be expensive. You can make your own by brazing a 1/4″ x 2″ x 4″ plate of iron or ribbon  steel to a handle made from  a 2′ steel rod with a loop fashioned at the  end to hang it by. However, a small  hand hoe from the garden will do  fine so long as you don’t let the wooden  handle ignite.

Be sure to have on hand a more than ample supply of cooking wood: quarter and  eighth splits of extra-well-dried, dense hardwood sticks for a long fire and a  long-lived coal bed, plus plenty of shavings, splinters, and  small  kindling-size splits to liven the fire quickly if the biscuits  threaten to  fall. Best is a mixture of quick-igniting and hot-burning  softwoods such as  pine, and long-burning hardwoods such as hickory or  oak.

Open the windows so you don’t roast yourself along with  supper, and perk up  a banked or low, heating-type, hardwood-log fire  until it’s brisk enough to  maintain a deep bed of live coals. For  roasting on a spit, maintain a skirt of  live coals under the burning  logs so you can keep raking them out and under the  roast. For frying on a gridiron or skillet, simmering beans in a footed pot, or  baking in a  Dutch oven, you’ll also want to rake coals out onto the hearth and  keep  them replenished.

Roast Haunch of Beef and Yorkshire Pudding

You will need a spit: a revolving horizontal wrought iron rod with a pair  of  sliding meat keepers that is rigged to be raised and lowered over the fire or  fixed in place so you must continually replenish a coal bed  beneath it. The  motorized spits sold for charcoal grills are ready-made  for the use, though you  can have one made of wrought iron to the old  patterns by a blacksmith.

Skewer a whole beef loin or rack of  prime rib — bone in — and set in front  of a hot fire with a good skirt  of glowing coals. Keep the coal bed red. Place  a long, narrow pan  underneath to catch drippings or the fat in the roast will  melt, fall  into the coals, catch fire, and char the roast. Worse, some will  vaporize and rise up the flue with smoke, to accumulate and increase  danger of  a flue fire. Plus, your hearth will develop a permanent grease spot. Turn the  spit frequently and cook the meat to taste. (I cheat and use a meat thermometer,  cooking until it shows 130°F — rare, but not  still mooing, inside.) When the  roast is nearly done, rake coals out  around the pan to cook the Yorkshire  pudding. When grease is sizzling  brightly, add batter and cook until it rises  and browns on top. Turn the pan occasionally to even out the cooking. If you  have a reflector,  place it in front of the meat and the pudding pan if you  like. It will  distribute the heat and reduce need for turning.

Read more: http://www.motherearthnews.com/print.aspx?id={5BE839CB-8DB5-42D1-8031-27D76CA7794D}#ixzz2hnUx7syS

California home sales to rise with inventory in 2014 | Mt Kisco Real Estate

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After declining this year, home sales in California will rise in 2014 along with inventory, according to a forecast released today from the California Association of Realtors.

The trade group anticipates existing, single-family home sales in the Golden State will rise 3.2 percent next year, to 444,000, after a 2.1 percent decrease this year. California’s median home price is set to rise 28 percent this year, to $408,600, and is expected to increase an additional 6 percent next year to $432,800.

“We’ve seen a marked improvement in housing market conditions in a year with the distressed market shrinking from 1 in 3 sales a year ago to less than 1 in 5 in recent months, thanks primarily to sharp gains in home prices,” said CAR Vice President and Chief Economist Leslie Appleton-Young in a statement.

“As the market continues to improve, more previously underwater homeowners will look toward selling, making housing inventory less scarce in 2014. As a result of these factors, we’ll see home price increases moderate from the double-digit increases we saw for much of this year to mid-single digits in most of the state.”

“The wildcards for 2014 include federal, fiscal, monetary and housing policies — such as the mortgage interest deduction and mortgage finance reform — as well as housing supply and the actions of the Federal Reserve, which will ensure a higher rate environment,” she added.

The trade group projects 30-year fixed mortgage interest rates to rise to an average 5.3 percent in 2014.

 

 

 

 

– See more at: http://www.inman.com/wire/california-home-sales-to-rise-with-inventory-in-2014/#sthash.6wBKBOmo.dpuf

Mount Kisco To Auction Surplus Abandoned Boats | Mt Kisco Homes

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Mount Kisco is holding a public auction for surplus abandoned boats later this month.

The Village of Mount Kisco will open sealed bids at 10 a.m. Oct. 25 at the Frank J. DiMicco, Sr. Board Room in the Mount Kisco Village Hall, according to a notice from the village. The auction will include “surplus abandoned boats from Byram Lake,” according to the notice. Marinas are exclusive recreational facilities built to provide docking, loading and other provisions needed for water transport. Individuals as well as a group of people own them. They may be constructed in inland streams, lakes or other bodies of water. Boating marinas may be seasonal or permanent. Seasonal marinas are usually simple structures built over the water as small docks, boat hoist, ramps or rafts that can accommodate water vehicles. These temporary structures are removed once the boating season is over. Seasonal marinas are found in places that have mostly pleasant weather but do experience inclement weather as well. Several marinas located on the northern five lakes and rivers like St. Lawrence and the upper reaches of the Mississippi are seasonal. Permanent marinas may be wharves, docks, jetties and pier. They accommodate water vehicles throughout the year. Southern water bodies of the United State have permanent marinas. A single boating marina can provide docking for about 60-75 vehicles. Each vehicle occupies a berth. Charges are paid according to the number of hours occupied. Besides renting charges, there can be additional fees for storage, etc. You can check over here about merritt products.

Facilities available in marinas include gas stations, pump houses, restaurants, bars and restrooms. Other weather-related marine supplies, clothes, special gear, etc. are also available. In addition, marinas provide mechanics and other repair necessities. Marinas are found everywhere in the United States. However, the marina at Monte Carlo is considered one of the most luxurious and also the most expensive in the world. Washington, California, Oregon and Florida also boast of world-famous marinas that dot their beaches. Rents vary largely depending on the popularity of the marina. Marinas charge their tenants on a per-meter basis, i.e. according to the number of meters the boat occupies when docked. Most marinas give discounts for groups and seasonal renters. Boats may be inspected at the Village’s Department of Public Works at 43 Columbus Ave. in Mount Kisco, according to the release.

If you like offshore sport fishing and boating then you’ve most likely seen Lowrance electronic products. They are actually a leader in manufacturing GPS, Sonar, depth finders, chartplotters and fishfinders. Lowrance marine has most definitely become one of the best recognized brands in marine electronics among commercial fishermen and boating enthusiasts of all types because of the wide selection of devices they supply.

Having lived for years around the Jersey Shore, I have spent many hours on the ocean and bays. In those times, locating fish was more chance than skill on any day. However these days that has all changed.

If you enjoy fishing, you would be interested in Lowrance marine fish finders. They are equipped with dual frequency sonar, 480 X 480 resolution, up to 2500 feet depth penetration, and other advanced capabilities. Fish Finders are also available in the large screen monochrome monitors. Lets face it, if you wish to “hook” the bigger ones, you have to be able to find them first. The new fishfinder and combo units do a great job. The popular fishing and boating kits can be found in quite a number of sizes, prices and colors matching distinctive requirements. These days you will see fishfinders and combo units on anything from huge fishing trawlers to small bass boats.

What I really enjoy when sailing even in the bays and rivers is the Marine GPS. Marine GPS is easily one of the most common GPS types and Lowrance Marine GPS is at the top of the list. The Lowrance GPS antenna is built-in on most of the GPS enabled systems so installation and use is effortless. Many a time I had to offer up excuses for being late for dinner because I sailed too far. My kids cannot get away with that today because they always know precisely where they are. Those interested in further information, including a listing of the boats, are asked to email Joe Cerretani at jcerretani@mountkisco.org.

“All boats will be sold ‘as is,’ with absolutely no implied or stated warranties or guarantees whatsoever,” representatives said in the notice. “Village management reserves the right to award the bid(s) to the highest responsible bidder(s).  Bid forms are now available in the Manager’s Office at Village Hall.”

http://mtkisco.dailyvoice.com/events/mount-kisco-auction-surplus-abandoned-boats

Tornado Watch In Effect For Westchester Monday | Mt Kisco Real Estate

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The National Weather service has issued a tornado watch for Westchester through 5 p.m. Monday.

A tornado watch means conditions are favorable for severe thunderstorms to form, but it also means that a few storms may be capable of producing a tornado, according to the National Weather Service. A tornado warning is the ultimate in severe warnings and means that a tornado is either occurring or imminent based on radar.

 

 

http://mtkisco.dailyvoice.com/news/tornado-watch-effect-westchester-monday

Dutch Colonial on Lake Minnetonka Listed for $5.75M | Mt Kisco Real Estate

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Location: Shorewood, Minn. Price: $5,750,000 The Skinny: This 8,650-square-foot Dutch Colonial, which comes with a 1,450-square-foot carriage house, was originally constructed in 1906 for Edmund Longyear, the founder of mineral drilling company Boart Longyear who owned  90 acres of land on Lake Minnetonka. Later, the estate became the summer home of George Nelson Dayton, son of George Draper Dayton—founder of Dayton’s Dry Goods Store, which later became the Target corporation—and grandfather of current Minnesota Governor Mark Dayton. The Daytons developed the land into a working farm called Boulder Bridge Farm. In 1976, a real estate developer who had grown up across the street from the farm bought the property and began converting it into 44 homesites. He kept the impressive Longyear House and the surrounding four acres, for himself and his family, though, restoring parts and enhancing others—they expanded the kitchen, added a pool and hot tub, enclosed a porch to create the formal dining room, and installed a movie theatre. Now, with the kids all grown up and moved out, they’ve put the four-acre estate on the market for $5.75M.