2501 Willow Pond Drive, Riverhead, NY 11901

2501 Willow Pond Drive, Riverhead, NY 11901

$499,000 · 1 bed · 2 bath · 1,078 sq ft · built 1999 · MLS# 1034250 · Active

Willow Ponds on the Sound. A 222 Unit Gated Condominium Community on 75 acres of park like grounds. This one bedroom, 1.5 bath with a garage rarely comes available. Located on the ground floor this unit has an entry foyer that steps down into an open concept floor plan and encompasses the Kitchen, Dining and Living area which includes a gas fireplace. The unit has a private porch as well as a backyard deck that sits on a nature preserve. Willow Ponds community itself is nestled on the bluffs of…

Condos in the Riverhead Central School District sold for a median of $600,000 (typically $500,000–$650,000) across 57 recorded sales between Oct 7, 2025 and Sep 25, 2026, up 17.6% on the 12 months before. This home's $499,000 list price sits in the entry condo tier for the Riverhead Central School District.

ZIP 11901 has about 3.9 months of condo inventory — seller's market. Demand is outpacing supply, so homes sell quickly with firm pricing and limited room to negotiate.

At about $4,693 a year, this home's property tax is in line with the roughly $5,000 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.