27 Amber Lane, Oyster Bay Cove, NY 11771

27 Amber Lane, Oyster Bay Cove, NY 11771

$3,950,000 · 6 bed · 6 bath · 4,794 sq ft · built 1984 · MLS# 1038903 · Active

Privately set on more than two beautifully landscaped acres and perfectly situated at the end of a quiet cul-de-sac, in the coveted enclave of Oyster Bay Cove, within the Syosset School District. This exceptional Tutor residence embodies the elegance, craftsmanship, and timeless appeal of Gold Coast living. Framed by mature landscaping and expansive grounds, the property offers an extraordinary private retreat with an in-ground heated saltwater pool, tennis court, and an expansive mahogany deck, creating an idyllic setting for both grand-scale entertaining and relaxed summer living. Inside, refined architectural details…

Single-family homes in the Syosset Central School District sold for a median of $1,315,000 (typically $1,050,000–$1,760,000) across 259 recorded sales between Oct 6, 2025 and Oct 2, 2026, up 7.7% on the 12 months before. This home's $3,950,000 list price sits in the luxury single-family tier for the Syosset Central School District.

ZIP 11771 has about 5.4 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 $43,297 a year, this home's property tax runs roughly 97% above the $22,000 typical for Syosset 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

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

Based on information submitted to the MLS GRID as of October 10, 2026 10:45 pm. 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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Oyster Bay Cove Market Trend

Oyster Bay Cove's market has cooled over the past 2 years: the median sale price has slipped about 2% year over year to about $1.8M, with homes generally taking longer to sell. If this trend continues, conditions could keep easing toward a more balanced market.