NOT LISTED FOR SALE

159 Cove Neck Rd Oyster Bay, NY 11771

Estimated Value: $4,049,000 - $5,903,719

6 Beds
5.5 Baths
5,196 Sq Ft
$958/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $6,000,000 $1,155 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $27,100/month

307 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Property is near public transit
  • Theodore Roosevelt Elementary School Rated A
  • Contemporary Architecture
  • Cathedral Ceiling

About This Home

As of March 2024

Welcome to Cove Neck! The stunning views will take your breath away! Enjoy the sunrise and sunsets. Beautiful mid century modern home built by noted architect John Stedman. This home boasts of 6 bedrooms and 5 bathrooms. Fashioned in the Frank Lloyd Wright Prairie Style and overlooking Oyster Bay Harbor from one of the highest elevations on Long Island, this home boasts 180 degree views of Long Island Sound with water views from every room Stunning. Spectacular Sunrises and Sunsets. The offers a rare opportunity to own a piece of history, where Teddy Roosevelt rode up Coopers Bluff from Sagamore Hill. The enclave of Cove Neck is conveniently situated between New York City and the Hamptons alternative. Perfect for those seeking complete privacy among the wooded acreage and specimen trees or those who love entertaining large groups of friends. Separate free form pool and pool house with fireplace. With 700 feet of beachfront, this property offers plenty of opportunities for enjoying the sun and water. Possible additional 4 acres. Convenient to shopping, schools, restaurants, LIRR, highways., Additional information: Appearance:Excellent,Interior Features:Guest Quarters,Separate Hotwater Heater:Yes

Last Agent to Sell the Property

Kathryn Zoller

Daniel Gale Sothebys Intl Rlty License #10301200985 Listed on: 05/05/2023

Daniel Gale Sothebys Intl Rlty

Last Buyer's Agent

Clifford Packingham

Compass Greater NY LLC License #10301219016

Compass Greater NY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,949

Year Built

  • Built in 1956

Lot Details

  • 8 Acre Lot
  • Beach Front
  • Home fronts a sound
  • Cul-De-Sac
  • Front and Back Yard Sprinklers
  • Additional Parcels

Property Views

  • Water
  • Panoramic

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Skylights
  • 2 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Oven

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • In Ground Pool
  • Patio

Location

  • Property is near public transit

Schools

  • Oyster Bay High Middle School
  • Oyster Bay High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Well
  • Oil Water Heater
  • Cesspool

Community Details

  • Park

Listing and Financial Details

  • Legal Lot and Block 1209 / A
  • Assessor Parcel Number 2407-26-A-00-1209-0

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,949

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Contemporary
  • Property SubType: Single Family Residence
  • Levels: One
  • Year Built: 1956
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Oven, Refrigerator, Washer, Oil Water Heater
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Entrance Foyer, Formal Dining, First Floor Bedroom, Master Downstairs, Primary Bathroom, Walk-In Closet(s)
  • Fireplaces: 2
  • Flooring: Carpet
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Basement: Full, Partially Finished, Walk-Out Access
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Window Features: Skylight(s)
  • Basement YN: No

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • Waterfront Features: Beach Front, Sound, Waterfront
  • Pool Features: In Ground
  • Pool Private: Yes
  • Spa: No
  • View: Open, Panoramic, Water
  • Patio and Porch Features: Patio

Garage/Parking

  • Parking Description: Attached, Driveway, Private

Utilities

  • Heating: Hot Water, Oil
  • Sewer: Cesspool
  • Utilities: Trash Collection Private
  • Water Source: Well

Condo/Co-op/Association

  • Association Amenities: Park
  • Senior Community: No
  • Association: No

Schools

  • Middle School: Oyster Bay High School

Lot Info

  • Lot Dimensions: 8
  • Lot Size Sq Ft: 348480
  • Lot Features: Cul-De-Sac, Near Public Transit, Near School, Near Shops, Sprinklers In Front, Sprinklers In Rear
  • Parcel Number: 2407-26-A-00-1209-0
  • Property Attached: No
  • Additional Parcels: Yes

Rental Info

  • Lease Considered: No

Multi Family

  • Units Total: 1

Tax Info

  • Tax Annual Amount: 44949.14
  • Tax Block: A
  • Tax Lot: 1209

MLS Schools

  • High School: Oyster Bay High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Mar 15, 2024
Sold by
Leon Thomas and Leon Thomas Irvin
Bought by
159 Cove Llc
Seller's Agent
Kathryn Zoller
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
Clifford Packingham
Compass Greater NY LLC
List Price
$8,500,000
Sold Price
$6,000,000
Premium/Discount to List
-$2,500,000
-29.41%
Views
442
Current Estimated Value
$4,976,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,023,640
Avg. Annual Appreciation
-3.04%

Purchase Details

Closed on
Jun 25, 2018
Sold by
Leon Linda
Bought by
Leon Linda and Leon Thomas
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
159 Cove Llc $6,000,000 Equity Settlement
159 Cove Llc $6,000,000 Equity Settlement
Leon Linda -- None Available
Leon Linda -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leon Thomas $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $6,000,000 -13.0% $1,155 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/27/2024 02/27/24 Price Changed $6,900,000 -6.8% $1,328 / Sq Ft
08/08/2023 08/08/23 Price Changed $7,400,000 -12.9% $1,424 / Sq Ft
05/05/2023 05/05/23 For Sale $8,500,000 -- $1,636 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,029 $2,907 $2,325 $582
2024 $7,029 $2,743 $2,325 $418
2023 $48,863 $2,743 $2,325 $418
2022 $7,422 $2,588 $2,325 $263
2021 $49,976 $2,442 $2,325 $117
2020 $52,519 $8,766 $6,678 $2,088
2019 $79,136 $8,766 $6,678 $2,088
2018 $74,086 $8,766 $0 $0
2017 $53,792 $8,766 $6,678 $2,088
2016 $68,244 $8,766 $6,678 $2,088
2015 $12,216 $8,766 $6,678 $2,088
2014 $12,216 $8,766 $6,678 $2,088
2013 $11,456 $8,766 $6,678 $2,088
Source: Public Records

Agents Affiliated with this Home

  • Kathryn Zoller

    Seller's Agent in 2024

    Kathryn Zoller

    Daniel Gale Sotheby's

    (516) 532-2043

    2 in this area

    19 Total Sales

    Kathryn Zoller
    Section Image
  • Clifford Packingham

    Buyer's Agent in 2024

    Clifford Packingham

    Compass Greater NY LLC

    (516) 502-5055

    1 in this area

    6 Total Sales

    Clifford Packingham
    Section Image
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Map

Source: OneKey® MLS

MLS Number: L3476122

OneKey® MLS

APN: 2407-26-A-00-1209-0

New York Nassau County Oyster Bay 11771

159 Cove Neck Rd, Oyster Bay, NY

This home is located at 159 Cove Neck Rd, Oyster Bay, NY 11771 since 05 May 2023 and is currently estimated at $4,976,360, approximately $957 per square foot. This property was built in 1956. 159 Cove Neck Rd is a home located in Nassau County with nearby schools including Theodore Roosevelt Elementary School, James H. Vernon School, and Oyster Bay High School.

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