$2,045,000
$255K PRICE DROP

2 Gail Terrace Glen Cove, NY 11542

Estimated payment $12,817/month

Total Views 13,310
5 Beds
3.5 Baths
4,191 Sq Ft
$488 Price per Sq Ft

Highlights

  • Beach Access
  • Heated In Ground Pool
  • 0.46 Acre Lot
  • Home fronts a sound
  • Gourmet Galley Kitchen
  • Colonial Architecture

About This Home

Elegant Living in Red Spring Manor

Welcome to 2 Gail Terrace, an exquisite residence in the prestigious Red Spring Manor community, offering private beach access and refined coastal living. This beautifully updated 5-bedroom, 3.5-bathroom home seamlessly blends timeless sophistication with modern comfort.

Step into a grand two-story foyer with a stunning staircase, setting the tone for the home’s gracious interior. The first floor boasts a formal dining room, elegant living room, and inviting family room, all thoughtfully designed for both intimate gatherings and lavish entertaining. The chef’s kitchen, fully renovated just 2 years ago, features top-of-the-line finishes, a pantry, and an open-concept flow perfect for today’s lifestyle. A separate laundry room and attached two-car garage add to the convenience.

Upstairs, the luxurious primary suite offers a serene retreat, while a second en-suite bedroom and three additional spacious bedrooms provide comfort for family and guests. All bathrooms, tastefully updated with marble finishes, exude spa-like elegance.

The home’s thoughtful upgrades include a new boiler (2023), updated bathrooms (2023), and a roof under 10 years old. Two custom marble fireplaces add warmth and sophistication.

The outdoor oasis is designed for resort-style living, featuring a heated vinyl pool, a charming pergola with a marble dining table, and lush landscaped grounds perfect for summer entertaining.

The unfinished basement offers incredible potential to create a media room, gym, wine cellar, or additional living space limited only by your imagination.

Situated in a coveted community with private beach access, this home combines luxury, comfort, and the best of North Shore living.

Experience coastal elegance at its finest. Schedule a private tour today!

Listing Agent

Nareeta Saini

Daniel Gale Sothebys Intl Rlty Brokerage Phone: 347-531-7099 License #10401367065 Listed on: 07/17/2025

Daniel Gale Sothebys Intl Rlty

Co-Listing Agent

Gagandeep Singh

Daniel Gale Sothebys Intl Rlty Brokerage Phone: 347-531-7099 License #10401359339

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,252

Year Built

  • Built in 1999

Lot Details

  • 0.46 Acre Lot
  • Home fronts a sound
  • Fenced

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 4,191 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Dry Bar
  • Crown Molding
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • ENERGY STAR Qualified Windows
  • Wood Frame Window
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Storage

Kitchen

  • Gourmet Galley Kitchen
  • Breakfast Bar
  • Gas Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Marble Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Home Security

  • Home Security System
  • Security Lights

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Vinyl Pool

Outdoor Features

  • Beach Access
  • Water Access
  • Patio
  • Outdoor Kitchen
  • Pergola

Schools

  • Landing Elementary School
  • Robert M Finley Middle School
  • Glen Cove High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cesspool

Listing and Financial Details

  • Exclusions: All crystal chandeliers and sconces on first level. All second floor crystal and antique chandeliers. Consult with listing agent for the light fixture that will stay.
  • Legal Lot and Block 541 / 051
  • Assessor Parcel Number 0600-31-051-00-0541-0

Community Details

Overview

  • Association fees include common area maintenance

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,252

Year Built

Built in 1999

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Exclusions: All crystal chandeliers and sconces on first level. All second floor crystal and antique chandeliers. Consult with listing agent for the light fixture that will stay.
  • Year Built: 1999
  • Attribution Contact: 347-531-7099
  • Co List Office Mls Id: KEYGALE05
  • Co List Office Phone: 516-677-0030
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Gas Cooktop, Gas Oven, Gas Range, Microwave, Oven, Range, Refrigerator, Stainless Steel Appliance(s), Washer
  • Interior Amenities: Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Chefs Kitchen, Crown Molding, Double Vanity, Dry Bar, Eat-in Kitchen, Entertainment Cabinets, Entrance Foyer, Formal Dining, Galley Type Kitchen, High Ceilings, His and Hers Closets, Kitchen Island, Marble Counters, Open Floorplan, Open Kitchen, Pantry, Primary Bathroom, Recessed Lighting, Soaking Tub, Stone Counters, Storage, Walk Through Kitchen, Walk-In Closet(s)
  • Fireplaces: 2
  • Flooring: Hardwood, Tile
  • Fireplace Features: Family Room, Living Room
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Full, Storage Space, Unfinished
  • Inclusions: Foyer chandeliers, built-in furniture, powder room chandelier
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Living Area: 4191
  • Window Features: ENERGY STAR Qualified Windows, Oversized Windows, Skylight(s), Wall of Windows, Wood Frames
  • Basement YN: Yes

Exterior Features

  • Other Structures: Outdoor Kitchen, Pergola
  • Construction Materials: Brick, Other
  • Waterfront Features: Beach Access, Sound, Water Access
  • Fencing: Fenced
  • Pool Features: Electric Heat, In Ground, Outdoor Pool, Vinyl
  • Pool Private: Yes
  • Spa: No
  • Patio and Porch Features: Patio
  • Waterfront: No
  • Foundation Details: Other

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Hall, Inside, Laundry Room
  • Security: Security Lights, Security System, Video Cameras
  • Sewer: Cesspool
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Trash Collection Public, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance
  • Association Amenities: Clubhouse, Park, Recreation Facilities
  • Association Fee: 800
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Association: Yes

Association/Amenities

  • Community Features: Clubhouse, Park

Schools

  • Middle School: Robert M Finley Middle School

Lot Info

  • Horses: No
  • Lot Size Acres: 0.4603
  • Lot Size Sq Ft: 20051
  • Parcel Number: 0600-31-051-00-0541-0
  • Property Attached: No
  • Additional Parcels: No

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 22251.79
  • Tax Block: 051
  • Tax Lot: 541
  • Tax Year: 2025

MLS Schools

  • Elementary School: Landing School
  • High School: Glen Cove High School
  • Middle School District: Glen Cove

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,837 $1,155 $458 $697
2024 $1,837 $1,185 $337 $848
2023 $6,793 $1,185 $337 $848
2022 $1,786 $1,185 $337 $848
2021 $20,686 $1,149 $327 $822
2020 $20,048 $2,053 $1,144 $909
2019 $6,163 $2,053 $1,144 $909
2018 $2,207 $2,053 $0 $0
2017 $2,207 $2,053 $1,144 $909
2016 $2,207 $2,053 $1,144 $909
2015 $2,220 $2,053 $1,144 $909
2014 $2,220 $2,053 $1,144 $909
2013 $2,107 $2,053 $1,144 $909
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 Price Changed $2,045,000 -8.1% $488 / Sq Ft
08/12/2025 08/12/25 Price Changed $2,225,000 -3.3% $531 / Sq Ft
07/17/2025 07/17/25 For Sale $2,300,000 -- $549 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed $950,000 None Available
Deed $950,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Philip Ohara Nassau Associat
Interfamily Deed Transfer -- Philip Ohara Nassau Associat
Bargain Sale Deed $512,500 --
Bargain Sale Deed $512,500 --
Deed $160,000 --
Deed $160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $600,000 New Conventional
Previous Owner $300,000 Credit Line Revolving
Previous Owner $332,500 Purchase Money Mortgage
Previous Owner $240,000 Balloon
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Source: OneKey® MLS

MLS Number: 890307

OneKey® MLS

APN: 0600-31-051-00-0541-0