888 Pondview Road, Riverhead, NY 11901
$837,200 · 5 bed · 3 bath · 3,753 sq ft · built 1964 · MLS# 1020632 · Active
Spacious waterfront residence situated on approximately 0.55 acres (23,958 sq ft) overlooking scenic Merritts Pond. This expanded Cape-style home offers 5 bedrooms, multiple living and gathering areas, and a flexible floor plan suitable for a variety of living arrangements. Large windows throughout the main living areas provide abundant natural light and water views. The property features an updated kitchen, spacious family room, formal and informal living spaces, hardwood flooring, and a full basement offering additional storage and utility space.
Single-family homes in the Riverhead Central School District sold for a median of $739,000 (typically $550,000–$900,000) across 308 recorded sales between Oct 6, 2025 and Oct 1, 2026, up 19.2% on the 12 months before. This home's $837,200 list price sits in the upper single-family tier for the Riverhead Central School District.
ZIP 11901 has about 4.4 months of single family inventory — balanced market. Supply and demand are roughly even, so buyers and sellers share leverage with fair, predictable pricing.
At about $19,966 a year, this home's property tax runs roughly 100% above the $10,000 typical for Riverhead Central School District. Suffolk bills combine town, school and special-district levies, so two homes at the same price in neighboring districts can carry materially different taxes. 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 3:30 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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Riverhead Market Trend
Over the past 2 years, Riverhead has cooled from a peak near $635K around September 2024 to about $525K, with homes taking longer to sell. If this trend continues, conditions could keep easing toward a more balanced market.
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Looking for off-market opportunities or a property attorney's read on this listing? Contact Joseph DeVito — Lic. R.E. Associate Broker + NY-licensed real estate attorney.
