Seller's Agent in 2024
Debra Russell
Daniel Gale Sotheby's
(516) 662-5401
1 in this area
99 Total Sales
72 Post Rd Old Westbury, NY 11568
Old Westbury NeighborhoodEstimated Value: $4,819,000
16
Acres
$310,103
Price per Acre
676,922
Sq Ft Lot
Highlights
- 15.54 Acre Lot
- Secluded Lot
- Partially Wooded Lot
About This Lot
As of April 2024Nestled away from the hustle and bustle, this 15.54-acre estate exudes pristine and peaceful beauty, enveloped by serene ponds and picturesque woodlands. As you make your way down the tree-lined driveway, you'll be greeted by gently rolling fields adorned with specimen trees, offering endless possibilities for equestrian and outdoor recreational activities. Formerly a part of the John Shaffer Phipps and Margarita Grace Phipps estate, now famously known as the historic Old Westbury Gardens, this property comprises five lots, with potential for future subdivision. The estate was purchased by Michael Grace Phipps, the accomplished polo player and son of John Shaffer Phipps, where it was used to quarantine and train polo ponies. The estate features a variety of charming buildings, including a four-bedroom artist's studio, a cozy country house, a spacious tin barn, three-bedroom cottages, the original ice house, laundry and horse stalls, and a four-bay garage with an expansive workshop. The property is directly adjacent to the 216-acre Old Westbury Gardens, allowing for easy access to its breathtaking scenery and renowned history. This unique and rare property awaits its next chapter, offering limitless possibilities for its new owner. Whether you choose to create your own dream estate or develop a luxurious subdivision, this property is a true gem waiting to be discovered. Don't miss this once-in-a-lifetime opportunity to own a piece of history in the heart of Long Island's coveted Gold Coast.
Last Listed By
Daniel Gale Sothebys Intl Rlty Brokerage Phone: 631-692-6770 License #40RU1125006 Listed on: 05/02/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $184,153
Year Built
- 1936
Lot Details
- 15.54 Acre Lot
- Secluded Lot
- Cleared Lot
- Partially Wooded Lot
Schools
- Westbury Middle School
- Westbury High School
Utilities
- Cesspool
Listing and Financial Details
- Assessor Parcel Number 2231-10-C-00-1383-0
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2023
Closed on
Mar 20, 2024
Sold by
Santangelo Susan P and Cochran Susan P
Bought by
Henrichi Llc
Seller's Agent
Debra Russell
Daniel Gale Sothebys Intl Rlty
Buyer's Agent
John Messina
Daniel Gale Sothebys Intl Rlty
List Price
$4,800,000
Sold Price
$4,600,000
Premium/Discount to List
-$200,000
-4.17%
Total Days on Market
155
Views
278
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,000
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Henrichi Llc | $4,600,000 | Fidelity Title Insurance Co | |
| Henrichi Llc | $4,600,000 | Fidelity Title Insurance Co |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2024 04/02/24 | Sold | $4,600,000 | -4.2% | -- |
| 10/05/2023 10/05/23 | Pending | -- | -- | -- |
| 05/02/2023 05/02/23 | For Sale | $4,800,000 | -- | -- |
Source: OneKey® MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $120 | $60 | $60 | $0 |
| 2023 | $1,794 | $60 | $60 | $0 |
| 2022 | $2,029 | $60 | $60 | $0 |
| 2021 | $2,301 | $58 | $58 | $0 |
| 2020 | $2,447 | $145 | $145 | $0 |
| 2019 | $2,235 | $145 | $145 | $0 |
| 2018 | $2,235 | $145 | $0 | $0 |
| 2017 | $1,992 | $145 | $145 | $0 |
| 2016 | $2,177 | $145 | $145 | $0 |
| 2015 | $184 | $145 | $145 | $0 |
| 2014 | $184 | $145 | $145 | $0 |
| 2013 | $175 | $145 | $145 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Debra Russell
-
John Messina
Buyer's Agent in 2024
John Messina
Daniel Gale Sotheby's
(516) 241-0761
1 in this area
71 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEY3475131
APN: 2231-10-C-00-1382-0
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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