5 Scherer Street, Bethpage, NY 11714

5 Scherer Street, Bethpage, NY 11714

$1,860,000 · 5 bed · 4 bath · 3,350 sq ft · built 2026 · MLS# 1009594 · Active

TO BE BUILT – Stunning New Construction Modern Center Hall Colonial on an 8,000 Sq Ft Lot in the Heart of Bethpage! This exceptional custom home is planned to offer approximately 3,350 Sq Ft of luxurious living space featuring 5 bedrooms, 4 full bathrooms, and an attached 2-car garage. Designed with today's lifestyle in mind, the proposed open-concept floor plan will feature expansive living and entertaining areas, a gourmet eat-in kitchen, abundant natural light, and a first-floor bedroom with a full bath—ideal for guests, extended family, or a home office.…

Single-family homes in the Bethpage Union Free School District sold for a median of $827,000 (typically $740,000–$965,000) across 148 recorded sales between Oct 8, 2025 and Oct 2, 2026, up 5.4% on the 12 months before. This home's $1,860,000 list price sits in the luxury single-family tier for the Bethpage Union Free School District.

ZIP 11714 has about 3 months of single family inventory — seller's market. Demand is outpacing supply, so homes sell quickly with firm pricing and limited room to negotiate.

At about $5,723 a year, this home's property tax runs roughly 59% below the $14,000 typical for Bethpage Union Free School District. Nassau assessments run on a multi-year cycle, so the assessed value behind this bill can lag what the home actually sells for today. A sale does not automatically reset it, and exemptions such as STAR, Senior or Veteran move the number as well — a new owner's bill is often not the same as the seller's.

OneKey MLS (recorded LI sales, trailing 12mo) + actual tax

Listings courtesy of OneKey® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of October 11, 2026 2:30 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Bethpage Market Trend

Bethpage's market has cooled over the past 2 years: the median sale price has slipped about 9% year over year to about $770K, with homes generally taking longer to sell. If the easing persists, conditions could move further toward a balanced market.

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