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What Was The Most Expensive Sold Home in Suffolk County NY in 2012?

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Real Estate Agent with Douglas Elliman Real Estate in Babylon NY

What Was The Most Expensive Sold Home in Suffolk County NY in 2012?

This only includes homes that were advertised on the Multiple Listing Service of Long Island.

An Estate home sold for $10,000,000 in Lloyd Neck NY and went to closing in late November 2012. The buyer paid......CASH!

This Lloyd Neck NY home is a Gregorian style with 17 rooms, 9 bedrooms, six full baths, 1 half bath, a full unfinished basement, wine cellar, in-ground Gunite pool and a 3 car garage all situated on 54 acres of property overlooking Cold Spring Harbor. I would live in a two room shack for those views. Property taxes: $325,800.52

It was on the market for.....28 days. Kudos to those agents!

View photos: Lloyd Neck Estate

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Nick T Pappas
Assoc. Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, Broker/Providence Property Mgmnt, LLC Huntsville AL - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource
Jackie, why that's just pocket change:). I'm a little amazed at the real estate taxes...I used to talk about someone I know up in Illinois who pays $140,000 a year in real estate taxes...$325K blows that out of the water.
Jan 02, 2013 11:27 AM
Jackie Connelly-Fornuff
Douglas Elliman Real Estate in Babylon NY - Babylon, NY
"Moving at The Speed of YOU!"

Hi Nick, ah, the price you pay for luxury. Actually for that many acres I was expecting the property taxes to be more. Long Island property taxes are not cheap Nick :)

Jan 02, 2013 08:09 PM
Ellen Caruso
Daniel Gale Sotheby's International Realty - Glen Head, NY

Jackie, its crazy that there are soooo many BIG CASH BUYERS these days. And I'm with you LI taxes are not cheap mine are in the 30's

Jan 04, 2013 10:51 AM
Jackie Connelly-Fornuff
Douglas Elliman Real Estate in Babylon NY - Babylon, NY
"Moving at The Speed of YOU!"

Hi Ellen, No kidding! That home had my head spinning. LI taxes are definitely out of control in some townships. I think it's because many homes that were bought in 2004 to 2006 sold for more than they should have and need to be reassessed for the value it is now.

Jan 04, 2013 07:41 PM
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