Historic $30 Million Estate ‘Built for the Founding Family of Purchase’ Becomes the Most Expensive Home in Westchester County

An extraordinary residence that was “built for the founding family of Purchase” is carrying on its legacy of luxury after becoming the most expensive home listed in Westchester County—with a very regal asking price of $30 million.

If the walls of the nearly 100-year-old “grand” abode, which is known as Arrow Hill, could talk, they would surely have plenty to say, having been witness to the kind of true extravagance that is found only inside the homes of society’s most elite members.

The 14,680-square-foot residence was built in 1927 and, for the last 33 years has been owned by the same family, who have taken over the care and restoration of its incredible legacy.

Set on more than 41 acres in Purchase, NY, Arrow Hill feels entirely isolated, providing ample privacy for all who enter through its imposing gates. Yet in reality, the estate is a true suburban compound, anchored in the countryside yet only 30 miles north of Manhattan. 

Represented by listing agent Louis Katsoris with Julia B. Fee Sotheby’s International Realty, the property last traded hands in 1992, when it was purchased for $4 million.

Taking in the home’s scale and elegance, one senses the ambition of the Roaring Twenties.

Today, the home remains the epitome of an entertainer’s paradise, offering multiple glamorous spaces where guests can be wined and dined to their hearts’ content—both inside and outside the estate.

“A thoughtful and artistic blend of design, function, beauty, and grandeur, the Arrow Hill estate offers an array of both intimate and oversized terraces and reception lawns, perfect for events both large and small,” the listing notes.

“Adorning these outdoor spaces you find the collection of exquisite garden statuary, elegant fountains, serenely crafted babbling brooks, ponds, and waterfalls as well as picturesque floral and English gardens, creating an atmospheric masterpiece of natural beauty.”

Inside the main residence, its eight bedrooms and 12 baths unfold across multiple wings and corridors behind a stately red-brick facade with black shutters. Inside, beamed ceilings, crown moldings, and formal dining rooms also speak to an earlier era of exclusive parties and private gatherings.

“Sitting majestically behind the gated approach to 41+ acres of enchanting and masterfully enhanced property, the 14,000-square-foot main house, rich in character and history, has been entirely and meticulously renovated to the highest caliber and with the most timeless, elegant and beautiful finishes,” the listing states.

“A true work of art, and until now, virtually an unattainable blend of grand suburban compound living, right within the midst of the incomparable city life of iconic Manhattan.”

In addition to the main residence, the property also includes two guesthouses—as well as a freestanding pool house, providing even more space to entertain and dazzle.

“Creating a true compound landscape, the main house is completed by two additional guest residences, a multipurpose hangar and a freestanding pool house—all not included in square footage—effortlessly enhancing every conceivable amenity and entertainment possibility,” the description notes.

Meanwhile, history buffs will no doubt be drawn in by the home’s “rich” legacy, which is filled with intrigue over the true origins of Purchase.

While no public records name a specific “founding family” connected to the house, the area’s beginnings trace back to the 17th-century Quaker John Harrison, who acquired the land in a legendary 1695 “purchase” that gave the hamlet its name.

Purchase became a hub of Quaker life, with early families leaving their mark through the meeting house, which was established in the 1720s.

However, by the late 19th and early 20th centuries, the community had grown into a patchwork of great estates owned by prominent families, who were drawn to the hamlet by its idyllic landscape—and close proximity to the city.

Today, many of those illustrious estates remain, although arguably none as grand as Arrow Hill.

To live here would be to exist in a kind of timeless pause. The lawns and surrounding woodlands provide a lush sense of privacy, while inside, light filters through large windows and reflects off crystal chandeliers and gilded finishes.

Intimate living spaces are scattered throughout the home, with its many sitting rooms, game rooms, en-suite balconies, and even hushed garden paths and terraces. 

The 41.66 acre property also contains several koi ponds, a greenhouse, a resort-size swimming pool, an outdoor tennis court, and miles of private trails.

Outbuildings include a former airplane hangar, a sports facility with a racquetball court, two guesthouses, and a stone structure mysteriously nicknamed “the catacombs.”

That so little is known about the estate’s earliest stewards only deepens its allure, and for now—Arrow Hill stands, silently resplendent, waiting for its next chapter.