51 Bay Street, East Atlantic Beach, NY 11561

51 Bay Street, East Atlantic Beach, NY 11561

$2,899,000 · 6 bed · 5 bath · 4,625 sq ft · built 2003 · MLS# 924180 · Active

Magnificence on the Bay – East Atlantic Beach Oasis! Experience luxury coastal living in this spectacular bayfront property overlooking the serene Reynolds Channel. This custom-built home offers over 4,600 sq ft of refined space and features: Grand Foyer – Ornate staircase and soaring ceilings set a dramatic tone upon entry, Gas Fireplace. Expansive Living Area – Open-concept design with stunning views of the bay and pool, perfect for entertaining Gourmet Kitchens – Two kitchens with high-end appliances including Sub Zero and Wolf, ideal for culinary enthusiasts. Spacious Bedrooms – 6…

Single-family homes in the Long Beach City School District sold for a median of $950,000 (typically $815,000–$1,290,000) across 158 recorded sales between Oct 6, 2025 and Oct 2, 2026, down 1% on the 12 months before. This home's $2,899,000 list price sits in the luxury single-family tier for the Long Beach City School District.

At about $34,802 a year, this home's property tax runs roughly 149% above the $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

Listings courtesy of OneKey® MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of October 11, 2026 2:30 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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East Atlantic Beach Market Trend

Prices in East Atlantic Beach have tracked sideways over the past 2 years — the monthly median has moved between $650K and $1.08M and sits near $833K, with no clear directional trend taking hold. Homes here have lately been going under contract in roughly 77 days. It's also worth noting that the roughly $825K blended median combines very different property types, so it may not describe any single one: of 805 recent sales, single-family made up the largest share at about 36% with the highest median near $933K, condos about 33% near $875K, co-ops about 22% near $455K, multi-family (2-4 family) about 9% near $910K. Because co-ops, though not the most common, is priced far enough from the rest to pull the blend down, the blended figure tends to sit below the single-family median rather than above it — so a typical single-family house has tended to sell closer to $933K, roughly $108K over the headline number. These are past medians, not predictions or guarantees, and individual properties vary widely; anyone weighing a specific property should review current comparable sales for that property type.

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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.