540 E Bay Drive, Long Beach, NY 11561

$899,000 · 4 bed · 2 bath · 1,804 sq ft · built 1949 · MLS# 1066354 · Active

Immaculately maintained 4 bedroom colonial in the heart of eastholme. Beautifully remodeled featuring dining area with built-ins, updated kitchen, oversized bedroom/den with walk in closet, huge sunroom with sliders leading to a park like backyard. 2nd floor includes 3 bedrooms and marble bathroom with steam shower. Ductless A/C and heating units, generator and outdoor shower. This home also has Solar panels (owned). Basement with garage and laundry. Luxurious and affordable living right across from the bay.

Single-family homes in the Long Beach City School District sold for a median of $949,000 (typically $800,000–$1,290,000) across 148 recorded sales between Oct 21, 2025 and Oct 2, 2026, down 2.7% on the 12 months before. This home's $899,000 list price sits in the mid-market single-family tier for the Long Beach City School District.

ZIP 11561 has about 5.8 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 $14,052 a year, this home's property tax is in line with the roughly $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