50 Cedar Lane, Babylon, NY 11702
$1,995,000 · 4 bed · 4 bath · 2,742 sq ft · built 1979 · MLS# 900582 · Active
Two acres with 203' of waterfront beautifully situated on Carll's River. Guest Cottage and garden shed with sliders patio and water view. (works for car collector storage too) Gracious home boasting beautiful botanical gardens and landscaping. Designer kitchen and bathrooms, custom cabinetry, and woodwork abounds. Hand painted Turret stairway to Juliet balcony overlooking living room, and 2 additional bedrooms, one with Balcony to Sunset views. Trees and gardens create idyllic setting. Inviting guest cottage with full bath and wrap around decks taking advantage of 203' waterfront with sandy beach. The…
Single-family homes in the Babylon Union Free School District sold for a median of $765,000 (typically $655,000–$960,000) across 82 recorded sales between Oct 7, 2025 and Oct 2, 2026, down 3.2% on the 12 months before. This home's $1,995,000 list price sits in the luxury single-family tier for the Babylon Union Free School District.
ZIP 11702 has about 3 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 $43,317 a year, this home's property tax runs roughly 209% above the $14,000 typical for 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

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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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Babylon Market Trend
Momentum in Babylon has been building over the past 2 years — the median sale price has climbed roughly 16% year over year to about $797K while time on market has generally shortened. Sellers currently hold the stronger hand, and if the pattern persists, prices could continue to firm.
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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.
