145 Centre Island Road, Centre Island, NY 11771

145 Centre Island Road, Centre Island, NY 11771

$6,750,000 · 5 bed · 8 bath · 5,800 sq ft · built 1955 · MLS# 887894 · Active

Rare and Remarkable Waterfront Offering on Centre Island An extraordinary chance to acquire one of Centre Islands most expansive open waterfront estates. Spanning over 17 acres, this property boasts along, private beach with panoramic views stretching across Oyster Bay. Lloyd Neck, and even Connecticut. One of the largest open waterfront parcels on Centre Island with over 564.83 feet of sandy beach. Currently there are four buildings on the property, a main house, pool house, and garage by, four existing structures rest on the land - three of which were designed…

Single-family homes in the Oyster Bay-East Norwich Central School District sold for a median of $1,500,000 (typically $940,000–$2,275,000) across 84 recorded sales between Oct 8, 2025 and Sep 22, 2026, up 15.8% on the 12 months before. This home's $6,750,000 list price sits in the luxury single-family tier for the Oyster Bay-East Norwich 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 $192,989 a year, this home's property tax runs roughly 916% above the $19,000 typical for Oyster Bay-East Norwich 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 11, 2026 3:30 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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Centre Island Market Trend

Centre Island has eased over the past 2 years — the median sale price is down about 2% year over year to roughly $1.8M, and time on market has lengthened. If the easing persists, conditions could move further toward a balanced market.