$369,601Average Value$218Average Price per Sq Ft10Homes For Sale
A sought-after Albany suburb
Five miles from Downtown Albany, Buckingham Lake-Crestwood, known by locals as simply Buckingham Lake, is a sought-after neighborhood within the city limits. "Buckingham Lake is one of the most desirable areas in the city of Albany," says Colin McDonald, broker-owner of McDonald Real Estate Co., who has been in the industry since 2015. "One of its largest draws is its proximity to downtown. It tends to attract the creme-de-la-creme of Albany's residents, which includes doctors, professors, attorneys and government officials." Tree-lined streets, paved sidewalks and Buckingham Lake Park, a popular green space that anchors the community, offer a suburban retreat within blocks of busy city streets.
Playdates at Buckingham Pond
Buckingham Lake Park is a small green space with a 5-acre shallow pond in the heart of the neighborhood. "It's a quaint little area with a fairly new playground and paved trail that circles the pond," says Samantha Curry, a Realtor with New Scotland Realty who has almost a decade of experience in the industry. "You always see residents walking their dogs or pushing strollers. People come from different neighborhoods all the time to hang out there." When the cold winter weather brings below-freezing temperatures, ice skating and pick-up hockey games on the frozen pond replace afternoon walks on the path.
Buckingham Lake residents are about 1 mile from Capital Hills at Albany, a public 18-hole golf course. Normans Kill, a 45-mile-long creek, divides Capital Hills from Normanside Country Club, a semi-private golf course with a restaurant and event spaces. The neighboring Normans Kill Preserve features a dog park and hiking trails dotted with blooming wildflowers. Residents can also enjoy hundreds of blooming flowers every spring at Washington Park's Tulip Festival, which celebrates the region's Dutch heritage.
About 8 miles west, Albany Pine Bush Preserve features over 3,000 acres of protected land that spans from Albany to Schenectady. Amenities include hiking trails and an education center. McDonald notes that outdoor recreation is one of the region's greatest draws. With the Adirondacks to the north and the Catskills to the south, miles of rugged mountain trails and scenic views are within 60 miles of Buckingham Lake.
20th-century homes and 21st-century townhouses
The neighborhood features a mix of apartments, condominiums, townhouses and single-family dwellings. The area around the actual Buckingham Lake consists primarily of single-family homes around the pond. Beyond there, densely populated suburban streets give way to a mix of 20th-century homes, ranging from 1920s Colonial Revivals to 1960s split-level and ranch-style homes. "Buckingham Lake's median home price is higher than the rest of the city," McDonald says. "Most single-family homes range between $300,000 and $600,000. However, we just had a record sale in 2024 priced for nearly $900,000." Farther west, small bungalows tend to be priced in the $200,000s, while 21st-century condos and townhouse complexes, including Crestwood Townhomes, range from the upper-$200,000s to the mid-$300,000s.
Ranch-style homes give Buckingham Lake-Crestwood home buyers one-story house options.
Lots in Buckingham Lake-Crestwood are often generous and private.
Modern updates to older homes liven up the Buckingham Lake-Crestwood community.
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B-rated city schools
The Albany City School District earns an overall B-minus grade from Niche. Pre-kindergarteners through fifth graders may attend the B-rated New Scotland Elementary School. William S. Hackett Middle School earns a B-minus, while Albany High School garners a B-plus. Albany High offers four academies and career training programs. Established in 1813, Albany Academy is a popular K-12 private school, 2 miles from the neighborhood.
The Capital Region is home to several higher learning institutions. About 4 miles away, the University at Albany is classified as a Research-1 institution, putting it among the nation’s elite universities in terms of academic research activities. Other nearby schools include Albany Law School, Albany Medical College and Russell Sage College.
Amenities on Madison and New Scotland
Busy commercial corridors include New Scotland Avenue and U.S. Route 20, better known as Madison Avenue. The latter features a small strip of local businesses, including Market 32 by Price Chopper, The Madison Theatre and some of the city's most well-known restaurants. "BMT Hospitality operates the neighborhood's most popular restaurants," Curry says. Those restaurants include Cafe Madison, Serata at Cafe Madison, Madison Pour House and Junior’s Bar and Grill. By day, Cafe Madison is known for brunch staples such as biscuits-and-gravy and Belgian waffles. Beginning at the strike of 5 p.m., Serata at Cafe Madison offers an intimate atmosphere with Italian fare for weekend date nights.
Buckingham Lake residents are also close to New Scotland Avenue's dining scene, while Pearl's Bagels & Bakery is another staple known for its fresh kosher challah rolls on the west side of the neighborhood. Additional big-box stores and the Crossgates Mall are about 5 miles away.
Quick Capital Region commutes
Capital District Transportation Authority (CDTA) buses run along Ormond Street, New Scotland Avenue and U.S. Route 20. Sidewalks lead to neighborhood green spaces, Madison Avenue's commercial strip, St. Peter's Hospital and several houses of worship. Three synagogues and the Albany Jewish Community Center sit within a 2-mile radius. "On the Sabbath, it's common to see people walking to the synagogue," McDonald says. However, most residents rely on personal vehicles to get around. Interstate 87 and New York State Route 85 border the neighborhood, offering convenient access to Downtown Albany, about 5 miles away, and Albany International Airport, 8 miles north.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Lorenzo Murray,
an experienced agent in this neighborhood.
Parks in this Area
Ridgefield Park
Tennis
Playground
Multi-Purpose Field
Hartman Rd Dog Park
Westland Hills Dog Park
Rosemont Park
Basketball
Tennis
Playground
Buckingham Lake Park
Bike Trails
Fishing
Lake
Six Mile Waterworks Park
Fishing
Lake
Picnic Area
Transit
Airport
Albany International
19 min drive
Bus
New Scotland Ave & Harding St
Bus
Western Ave & S. Manning Blvd
Bus
New Scotland Ave & Whitehall Rd
Bus
New Scotland Ave & Hurst Ave
Bus
Whitehall Rd & Collins Pl
Bus
New Scotland Ave & Halsdorf St
Bus
New Scotland Ave & Hackett Blvd
Crime and Safety
1 - Low Crime, 10 - High Crime
Buckingham Lake-Crestwood
US
Homicide
3
4
Sexual Assault
3
4
Assault with Weapon
3
4
Robbery
4
4
Burglary
4
4
Motor Vehicle Theft
3
4
Larceny
4
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Buckingham Lake-Crestwood Demographics and Home Trends
On average, homes in Buckingham Lake-Crestwood, Albany sell after 97 days on the market compared to the national average of 70 days. The median sale price for homes in Buckingham Lake-Crestwood, Albany over the last 12 months is $375,000, down 34% from the median home sale price over the previous 12 months.
This magnificent stucco colonial home, situated in the heart of the charming Pine Hills neighborhood, offers an exceptional combination of luxury living and ''home occupation'' bussiness. With its VERY spacious layout, this property presents a rare opportunity to live and work from the same location. Whether you're an entrepreneur, professional, or looking to operate a business in a prime
Welcome home to this charming and well-maintained Cape Cod nestled in Albany's desirable neighborhood. Step inside to gleaming hardwood floors, a cozy fireplace, and a beautifully updated kitchen featuring new stainless steel appliances. The finished basement adds flexible space—ideal for a home office, rec room, or gym. Enjoy your morning coffee or evening gatherings on the private deck
Circa early 1940's, welcome to 4 Berncliffe Ave, the model home of the neighborhood! Built by Bernie and Clifford Picotte. A classic Albany adobe with a stone front porch, slate roof and brick sides. The chimney was repointed last Fall. All original hardwood floors were refinished. Freshly painted inside and out. All new windows in the original section of the home. All new solid stained wooden
Discover the perfect home at Stonehenge Gardens Apartments in Albany, NY. Nestled in a serene residential area across from the beautiful Buckingham Pond, our community offers studios and one to two-bedroom apartments with charming brick buildings and beautifully landscaped grounds. Enjoy the convenience of heat, hot water, and cooking gas included in your rent. We provide private entrances upon
Charming Colonial home in the heart of Albany, just steps from hospitals, state offices, and New Scotland Ave. This well-maintained 3-bedroom, 1-bath home features hardwood floors throughout, a bright living room, formal dining room, and an updated kitchen. Enjoy the convenience of off-street parking in your private driveway and a washer/dryer in the full basement. Ideal location for work,
This amazing home, second floor flat is spacious and updated. Close to Everything imaginable! Off street parking for two, brick home, use of large backyard, near SUNY Albany, near Buckingham Pond, large DR, large LR, large Family Room, Kitchen updated, owner pays for garbage, water, heat, hot water, electric. All new paint, all new restored hardwoods, some new lighting. A must see. Will require
Interested in learning more about homes in this area?
Reach out to
Lorenzo Murray,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
5,282
Median Age
47
Population Density
9 ppl/acre
Population under 18
17%
Below the national average
23.8%
Population over 65
27.8%
Above the national average
19.1%
Finances
Median Household Income
$97,868
Significantly above the national average
$71,702
Average Household Income
$123,141
Education and Workforce
High School Graduates
93.9%
College Graduates
60.8%
Significantly above the national average
34.1%
Advanced Degrees
34.3%
Above the national average
13.3%
% Population in Labor Force
62.8%
Weather
Annual Precipitation
41''
Average Winter Low Temperature
16°F
Average Summer High Temperature
84°F
Annual Snowfall
42''
Area Factors
Bikeable
Bike Score®
52/ 100
Car-Dependent
Walk Score®
44/ 100
Some Transit
Transit Score®
39/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
