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Oyster Bay Cove

Oyster Bay Cove

Located in Nassau County

$2,263,187 Average Value
$413 Average Price per Sq Ft
1 Home For Sale

Oyster Bay Cove’s gently rolling hills and woodlands dip away into the pristine waters of Oyster Bay Harbor, creating a home whose natural beauty and easy access to a wide range of outdoor activities set it apart. Luxury homes and sprawling estates dominate Oyster Bay on a minimum of an acre, though they frequently surpass 4 or 5 acres. Waterfront estates often have long private docks stretching out from their front yards, pointing homeowners to the harbor. These docks provide the perfect spot to jump into the water, dock boats and fish—all right in your front yard. For many, it’s these details that serve as the biggest draws to Oyster Bay Cove. “People who are looking for peace and quiet and waterfront properties tend to look in the Oyster Bay Cove area,” says Joanne Mackonochie, an associate broker at Compass Real Estate’s Syosset office.

The luxury homes and estates in Oyster Bay Cove start out at around $1.5 million and can climb to around $15 million for an estate with extensive acreage on the waterfront. “There really is a huge amount of space for people and different price ranges,” Mackonochie says. “So it attracts the people who are just looking for that $1.5 million or $2 million home, and yet you can easily find estates with over 4 acres for $7 million, $10 million or $11 million. You can have your own Gold Coast compound on one of these beautiful 5-acre properties.” The values of these homes are holding steady and even going up, says Mackonochie. “As Long Island gets busier, people want that room to spread out and not be on top of each other. And these properties of 1- or 2-plus acres afford these people that opportunity.”

Oyster Bay Cove’s space, beauty and peaceful, nature-centered lifestyle make it a popular place to live, but like so many other places on Long Island, low inventory has created a lot of competition for homes in the village. “When one of these homes comes on the market, people are aggressive in trying to be the first to get in to see it and have the opportunity to buy it,” Mackonochie says. “We’ve had homes go to contract in a matter of a week, just because it’s the right home. There are plenty of buyers out there just waiting for something to pop up, and as soon as we put something on the market, we are inundated with requests for showings and, most of the time, multiple offers.” Although homes with higher price tags may sell at a slightly slower speed, they’ve also been known to get snapped right up. "The $4 million- or $5 million-dollar ones do take a little longer to sell, but there are times where they go immediately because people who are looking in the area have their eye on it and when that special property comes up, they take advantage of it.” As a result, potential homebuyers should expect competition no matter what price bracket they’re looking to buy in.

Most children in the village attend the Oyster Bay-East Norwich Central School District, which has an A rating on Niche. They begin their educations at Theodore Roosevelt Elementary School before shifting to James H. Vernon School for third through sixth grades, then finish their education at Oyster Bay High School. The high school’s literary magazine has been recognized by the Columbia Scholastic Press Association and frequently wins gold medals in the organization’s annual critiques. A smaller portion of the village is instead served by the Syosset Central School District, which Niche gives an A-plus rating and lists among the top three districts in New York. Along with the village’s luxury mansions and sprawling lots, this school district serves as a particularly strong draw for potential homebuyers. “The Syosset school district is an award-winning school district, so some people who are looking for that 2-acre property, 4,000-plus square foot home, search in Oyster Bay Cove,” Mackonochie says.

When Oyster Bay Cove residents aren’t enjoying water-based activities like boating, kayaking and fishing, they love exploring and hiking through the neighborhood’s many preserves, totaling dozens of acres of natural woodlands and fields. Theodore Roosevelt Sanctuary, located next to Theodore Roosevelt’s final resting place in Youngs Memorial Cemetery, is perhaps the most well-known of these. It was bought by Roosevelt’s cousin and turned into the first sanctuary for songbirds in the United States to ensure that the birdsong that the late president so loved listening to would forever surround his grave. At 14 acres, the sanctuary features a garden full of feeders, baths and native plants designed to draw birds in alongside a famous Bessie Potter statue and a mile of hiking trails. The three other preserves within the village provide a wealth of other hiking spots, and there are plenty of others just outside the village’s borders, keeping every hike and nature walk feeling fresh and exciting. “It is a very big part of life here,” Mackonochie says. “We have wonderful hiking trails throughout Oyster Bay Cove. Because of the location, you have access to all of this outdoor activity.”

Oyster Bay Cove is situated next to Cove Neck’s many natural and historic sites, including Theodore Roosevelt’s historic home, now a museum, and the woodlands, orchard and private family beach surrounding it. Just a mile to the west, Oyster Bay provides an abundance of restaurants and little shops that residents can explore when they want a little more excitement. And despite the air of calm seclusion that can permeate the village, other major Long Island attractions aren’t very far away, either. “It’s conveniently located by all the North Shore top-rated restaurants, top-rated school districts, top-rated shopping,” Mackonochie says. “You have Miracle Mile located within a 30-minute drive, with all the high-end boutique shops.” Oyster Bay Cove’s central location also means that commuters can leave for Manhattan from Oyster Bay Station less than 2 miles from the village, a trip that takes about an hour and 25 minutes, or from Syosset Station just under 5 miles away, whose train reaches the city in about an hour. In the end, Oyster Bay Cove’s combination of benefits makes it a dream location for many people seeking a waterside estate. “It comes down to the property size, the school district, and really the ease of being so conveniently located that you can be in Manhattan within an hour train ride. And you also can enjoy the waterfront,” Mackonochie says. “We had a ton of people coming out from Manhattan and elsewhere to look for their sanctuary. And they found it in Oyster Bay Cove.”

Jeff Rainone
Photography Contributed By
Jeff Rainone
Antoine Allen
Video By
Antoine Allen

Interested in learning more about homes in this area? Reach out to Nicholas Zestanakis, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
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

Oyster Bay Cove Housing Trends

Housing Trends

Median List Price
$2,090,000
Median Sale Price
$1,787,000
Median Single Family Sale Price
$1,875,000
Median Change From 1st List Price
8%
Last 12 months Home Sales
10
Median Home Sale Price YoY Change
-12%
Average Price Per Sq Ft
$413

Neighborhood Facts

Number of Homes for Sale
1
Months of Supply
1.20

Open Houses

  • Saturday, Jul 19
    11:30am - 12:30pm

    237 Berry Hill Rd, Syosset, NY 11791

    $1,570,000

    • 4 Beds
    • 2.5 Baths
    • 3,050 Sq Ft
    • 237 Berry Hill Rd

    Beautiful colonial style property with 4brs, 2.5bathsand wonderful neighborhood. Faced east.Totally renovated kitchen and basement of entertainment space with perfect snack bar. Brand new appliances in Kitcken.Fenced vegetable garden and backyard.Wood floors through out on all floors.Brand new light fixtures, hi hats, brand new bedroom doors, new front door bell and electric

    Sung Hynson Kim Realty Infinity Associates

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  • Sunday, Jul 20
    11am - 1pm

    47 Sherwood Gate, Oyster Bay, NY 11771

    $2,200,000

    • 5 Beds
    • 3.5 Baths
    • 5,000 Sq Ft
    • 47 Sherwood Gate
    • New 1 hour ago

    Welcome to this beautifully expanded 4937sq ft ranch located in the highly sought-after Sherwood Gate in Oyster Bay. This home offers a versatile layout with the potential for a mother-daughter setup (with proper permits).The chef’s kitchen features a 2 year old Viking natural gas stove, sleek stainless steel appliances, Sub-zero refrigerator and a charming breakfast nook perfect for casual

    Mara Navaretta Homes By Mara

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Oyster Bay Cove Has More Owners

Demographics

Total Population
2,372
Median Age
46
Population under 18
22%
On par with the national average
23.8%
Population over 65
22%
On par with the national average
19.1%

Finances

Median Household Income
$232,432
Significantly above the national average
$71,702
Average Household Income
$231,345

Education and Workforce

High School Graduates
98.4%
College Graduates
73.6%
Significantly above the national average
34.1%
Advanced Degrees
37.9%
Above the national average
13.3%
% Population in Labor Force
63.2%

Weather

Annual Precipitation
38''
Average Winter Low Temperature
25°F
Average Summer High Temperature
82°F
Annual Snowfall
32''

Area Factors

Somewhat Bikeable

Bike Score®®

16 / 100

Car-Dependent

Walk Score®®

1 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

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.
Oyster Bay Cove