537 Lakeway Drive, North Babylon, NY 11704

$599,999 · 5 bed · 3 bath · 1,900 sq ft · built 1966 · MLS# 1064660 · Active

Welcome to this spacious Hi-Ranch offering incredible versatility and income potential with proper permits in North Babylon! The main level features a bright living room, dedicated dining area, kitchen with pantry, full bathroom, and 3 bedrooms. The lower level boasts 2 additional bedrooms, 2 full bathrooms, a kitchenette, dining area, utility room, and extra room. Situated on a 50x125 level lot with a private driveway, fenced yard, deck, solar panels, 200-amp electric service, and oil baseboard heating. Conveniently located near public transportation, parks, schools, and shopping!

Single-family homes in the North Babylon Union Free School District sold for a median of $700,000 (typically $630,000–$750,000) across 213 recorded sales between Oct 22, 2025 and Oct 1, 2026, up 8.5% on the 12 months before. This home's $599,999 list price sits in the entry single-family tier for the North Babylon Union Free School District.

ZIP 11704 has about 2.2 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 $11,313 a year, this home's property tax is in line with the roughly $12,000 typical for North Babylon Union Free 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