99 Factory Pond Road, Locust Valley, NY 11560

$4,895,000 · 6 bed · 8 bath · 5,259 sq ft · built 1933 · MLS# 1059295 · Coming Soon

Set on three acres of mature plantings overlooking Mill Neck Creek, this 1933 farmhouse has been thoughtfully renovated and impeccably maintained, pairing its original character with the comforts of modern living. Clad in distinctive Adirondack wood siding, the six-bedroom residence enjoys sweeping water views from every room along the creek-facing side of the house. The principal rooms are gracious and well proportioned. A formal living room with a wood-burning fireplace and an elegant formal dining room are complemented by a den, with soaring ceilings and its own wood-burning fireplace, that…

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 $4,895,000 list price sits in the luxury single-family tier for the Locust Valley Central School District.

ZIP 11560 has about 3.9 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 $44,950 a year, this home's property tax runs roughly 164% 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