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New York Area Tops International List For Wealth And Luxury

408 Grace Church St. in Rye. Photo Credit: Douglas Elliman Real Estate
The house features waterfront views from nearly every room. Photo Credit: Douglas Elliman Real Estate
80 Sheldrake Rd. in Scarsdale. Photo Credit: Douglas Elliman Real Estate
The house is perfect for everyone from families to art collectors. Photo Credit: Douglas Elliman Real Estate
240 Law Rd. in Briarcliff Manor. Photo Credit: Douglas Elliman Real Estate
The home's bathroom contains a full shower and Jacuzzi. Photo Credit: Douglas Elliman Real Estate

From cars and watches to fine art and wine, the ultimate in luxury is often found right here in the greater New York area. In fact, according to a recent Douglas Elliman Real Estate report, the Empire State tops the likes of Europe, the Middle East and Asia in a 2017 global study of lavish living.

In conjunction with Knight Frank, Elliman's recently-released "The Wealth Report" analyzes exactly what the world's highest net worth individuals are buying, and where they're living. In the report, New York was listed as the top city for those with a net worth of over 50 million based on a variety of factors including wealth, lifestyle and future. For many of these ultra-wealthy, desiring additional space comes hand and hand with city life. Fortunately, some of the world's most incredible properties sit a short drive away from Midtown and offer these high-worth residents the chance to enjoy all the benefits of a suburban escape without needing to sacrifice. 

For the bold commuter, 408 Grace Church Street in Rye offers the opportunity to travel by water from Westchester County to the hub of Manhattan. Even if you prefer to commute by car or train, the home still offers stunning sunrise water views, a pool and patio as well as a shorefront tennis court. Inside, this entertainer's dream features 12-14 foot high ceilings and water views from nearly every room. From the stunning mahogany-lined study to the walk-in wine cellar, the 10,000 sq. ft. home offers luxury without compromise.

Exquisite yet manageable, 80 Sheldrake Road in Scarsdale serves as the perfect retreat from the hustle of the city. Sun-drenched and expansive, the 7,000 sq. ft. home sits on an expertly manicured acre and abuts Fenway Golf Club. The home's versatility is perfect for everyone from art collectors to active families, and boasts several "can't-miss" features. These include a custom eat-in kitchen, children's playroom and jaw-dropping walk in closets.

Looking to embrace a bit of Southern charm? The impeccable Georgian-designed house at 240 Law Road in Briarcliff Manor brings a taste of Dixie's refined luxury to the Hudson Valley. Set back from the road and lined with a classical colonnade, the home sits overlooking a one acre lot and offers seasonal views of the Hudson River. Inside, the house's open layout and soaring ceilings create a sense of lightness, while the built-in sound system is perfect for any party. The spacious master bedroom features a built-in fireplace, while the en-suite bathroom spares no expense. Located on sought-after Law Road, the house is minutes from downtown and a short train ride from Grand Central Terminal.

To view other luxurious New York area listings, click here.

To view or download The Wealth Report by Douglas Elliman, click here.

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