491 E Bay Drive, Long Beach, NY 11561

491 E Bay Drive, Long Beach, NY 11561

$1,899,999 · 3 bed · 3 bath · 2,092 sq ft · built 1986 · MLS# 1043766 · Active

All Boats lead to this spectacular open-bay waterfront beauty, where breathtaking views can be enjoyed from virtually every room. This true Contemporary masterpiece has been completely renovated to the highest standards of craftsmanship, with top-of-the-line finishes throughout. The open-concept main level features a spacious living room with cathedral ceilings, den, dining area, and a stunning gourmet kitchen with premium stainless steel appliances (New Wolf Oven). Radiant heat and a whole-house water filtration system add exceptional comfort. Expansive waterfront outdoor living, entertaining spaces, and dock seamlessly extend the interior. Upstairs features…

Single-family homes in the Long Beach City School District sold for a median of $950,000 (typically $815,000–$1,290,000) across 158 recorded sales between Oct 6, 2025 and Oct 2, 2026, down 1% on the 12 months before. This home's $1,899,999 list price sits in the luxury single-family tier for the Long Beach City School District.

At about $23,254 a year, this home's property tax runs roughly 66% above the $14,000 typical for Long Beach City 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 4:30 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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Long Beach Market Trend

Long Beach's market has been notably consistent over the past 2 years: monthly median sale prices have stayed between $650K and $1.08M, centering around $833K, without a sustained move in either direction. Recently, homes have been selling in about 77 days. It's also worth noting that the roughly $825K blended median combines very different property types, so it may not describe any single one: of 805 recent sales, single-family made up the largest share at about 36% with the highest median near $933K, condos about 33% near $875K, co-ops about 22% near $455K, multi-family (2-4 family) about 9% near $910K. Because co-ops, though not the most common, is priced far enough from the rest to pull the blend down, the blended figure tends to sit below the single-family median rather than above it — so a typical single-family house has tended to sell closer to $933K, roughly $108K over the headline number. These are past medians, not predictions or guarantees, and individual properties vary widely; anyone weighing a specific property should review current comparable sales for that property type.

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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.