450 Oyster Bay Road, Matinecock, NY 11560

$2,895,000 · 7 bed · 9 bath · 8,443 sq ft · built 1898 · MLS# 1033116 · Active

Beautifully renovated, this elegant classic Colonial is nestled in the heart of Locust Valley, offering timeless charm and exceptional modern amenities. Set on five breathtaking acres with sweeping lawns and a picturesque spring-fed pond, this one-of-a-kind estate is a true North Shore retreat. The home features a stunning state-of-the-art eat-in kitchen, beautifully updated bathrooms, and thoughtfully designed living spaces that blend classic elegance with contemporary comfort. Designed for both everyday living and entertaining, the property includes an exceptional pool house complete with an old-fashioned parlor, full kitchen, sauna, gym, and…

Single-family homes in the Locust Valley Central School District sold for a median of $1,230,000 (typically $815,000–$2,400,000) across 141 recorded sales between Oct 7, 2025 and Oct 1, 2026, down 12.2% on the 12 months before. This home's $2,895,000 list price sits in the upper single-family tier for the Locust Valley Central School District.

ZIP 11560 has about 3.6 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 $54,265 a year, this home's property tax runs roughly 219% above the $17,000 typical for Locust Valley Central 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