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Cove Neck

Cove Neck

Suburban Neighborhood in New York

Nassau County 11771

$2,552,418 Average Value
$754 Average Price per Sq Ft
2 Homes For Sale

On a peninsula stretching out into Oyster Bay’s blue waters, Cove Neck is a village surrounded by nature. “I think the beauty of Cove Neck is what attracts people to live there,” says Fran Covello, an associate broker at Daniel Gale Sotheby’s International Realty. “It’s a waterfront community, very small, very quiet, and very beautiful. I would describe it as an enchanting waterfront community steeped in history.” This sense of nature and history are both due, at least in part, to Sagamore Hill. This 83-acre estate was Theodore Roosevelt’s home from 1885 to his death in 1919. Roosevelt spent summers on the estate with his family, so it was often called the “Summer White House.” Sagamore Hill, which is now a museum, and the nature surrounding it remain a main feature of Cove Neck today.

The other homes dotting Cove Neck may not have the historical significance of Sagamore Hill, but each is a luxurious estate in its own right. Some areas of Cove Neck are zoned for at least 2 acres and others for at least 4 acres, giving potential homeowners the chance to own large chunks of land and creating a more secluded, peacefully rural atmosphere. Waterfront estates are plentiful in the village, often with long, private docks extending into the water from their own strips of beach. This makes it easy to dock a boat, go fishing, leap into the water on a hot summer’s day or simply relax on the sand just steps from your home. Waterfront estates like this with extensive acreage can go for about $8.5 million, while a smaller home in the neighborhood could start at around $1.6 million. Cove Neck is a small village where many people buy their dream homes with the goal of settling down and staying, so homes don’t come on the market very often. “It’s a quiet housing market,” Covello says. “Currently on the market in Cove Neck we have two homes. Not too many houses sell within the year in Cove Neck because it’s such a small community. They sell quickly when they come on the market, but it’s not such a large place.”

Cove Neck is served by the Oyster Bay-East Norwich Central School District, which has an A rating on Niche. Students attend Theodore Roosevelt Elementary School, James H. Vernon School and Oyster Bay High School. The high school has an A-minus on Niche and offers a range of extracurricular activities for students to get involved in, including coding, social justice and literary clubs.

Thanks to the village’s extensive waterfront and large swaths of nature, locals spend a lot of their free time outdoors boating, fishing, hiking and more. “Hiking, biking, waterfront activities are all part of living in Cove Neck,” Covello says. Residents can also challenge each other to a game at the Cove Neck Tennis Court, but according to Covello, Sagamore Hill is one of the main highlights of living in the little village. Roosevelt left 35 acres of woodland around his house so that he could enjoy walking through nature, birdwatching and chopping wood, three of his favorite pastimes. Today, nature paths thread through these woods, including one that leads to stunning views of Oyster Bay, so that residents and visitors to Roosevelt’s home can continue enjoying the nature he loved so much. Visitors can also wander through the old orchard, walk down to the estate’s private beach and schedule guided tours of the mansion to learn more about the house and the influential family who once lived there.

Cove Neck consists entirely of estates and nature areas, so when residents want to shop or eat out, they need to drive to Oyster Bay less than 3 miles away. In the popular and equally historic town, you’ll find an abundance of places to shop, eat and explore. You can also catch a train from Oyster Bay Station to New York City, a trip that takes about 80 minutes. Convenience and connectivity aren’t far when you want them, but Cove Neck’s natural beauty and sense of seclusion have drawn residents for generations, making each home feel like a slice of paradise.

Christina Norwood
Written By
Christina Norwood
Jeff Rainone
Photography Contributed By
Jeff Rainone
Syd Silberman
Video By
Syd Silberman

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

Laguardia

45 min drive

Crime and Safety

1 - Low Crime, 10 - High Crime Cove Neck US
Homicide 1 4
Sexual Assault 1 4
Assault with Weapon 1 4
Robbery 2 4
Burglary 1 4
Motor Vehicle Theft 1 4
Larceny 1 4
Crime Score 1 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$3,362,500
Median Single Family Price
$5,156,500
Average Price Per Sq Ft
$754
Number of Homes for Sale
2
Last 12 months Home Sales
2
Months of Supply
12.00
Median List Price
$5,194,000
Median Discount From 1st List Price
-3%
Median Home Sale Price YoY Change
-39%

Home Facts

Number of Homes in Neighborhood
78
Median Year Built
1964
Avg. Single Family Home Size Sq Ft
10,347
Significantly above the national average
1,935
Median Lot Size Sq Ft
185,130

Open Houses

  • Saturday, Apr 26
    12 - 2pm

    26 Tennis Court Rd, Oyster Bay, NY 11771

    $8,888,888

    • 5 Beds
    • 6.5 Baths
    • 9,244 Sq Ft
    • 26 Tennis Court Rd

    Discover unparalleled waterfront luxury in this exquisite 9,280 square foot residence nestled on 2 sprawling acres with 200 ft of beachfront, in a prestigious private community. Boasts 5 bedrooms, 6.5 baths and 4 fireplaces .Conveniently located near railroads, shopping, daily needs, highways, and many more, this home offers both security and accessibility, complemented by a whole house generator

    Jane Gao Century Homes Realty Group LLC

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Distribution of Home Values

Source: Public Records

Homes for Sale

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
398
Median Age
45
Population Density
1 person/acre
Population under 18
23.9%
On par with the national average
23.8%
Population over 65
24.4%
Above the national average
19.1%

Finances

Median Household Income
$235,065
Significantly above the national average
$71,702
Average Household Income
$230,146

Education and Workforce

High School Graduates
94.5%
College Graduates
73.5%
Significantly above the national average
34.1%
Advanced Degrees
38.5%
Significantly above the national average
13.3%
% Population in Labor Force
63.4%

Weather

Annual Precipitation
38''
Average Winter Low Temperature
25°F
Average Summer High Temperature
82°F
Annual Snowfall
32''

Area Factors

Somewhat Bikeable

Bike Score®

27 / 100

Car-Dependent

Walk Score®

4 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.