Brightwaters home market is divided by price, unified by Colonials
THE SCOOP Picturesque canals, five lakes, a quaint business district and peaceful neighborhoods are among the defining characteristics of the village of Brightwaters. "I received a beautiful village when I became mayor and want to leave it just as good or better," says Mayor Joseph McNulty.
June Caligure of Meg Smith & Associates also refers to the village as "beautiful." Actually, most people do. "It's very scenic," adds Rick Ramsay, a former resident and owner of Eric G. Ramsay Jr. Associates.
Like Garden City, Brightwaters was a planned community. It started with four brothers from Brooklyn who enjoyed sailing on Great South Bay, says resident Bartlett L. Ackerson, a Realtor. Ackerson's great-uncle, Thomas Benton Ackerson, liked the area so much he purchased about 1,700 acres in the early 1900s. "TB" and his brothers filled swamps, dug a 4,000-foot boat canal and installed utilities. About 100 homes -- from bungalows to mini-mansions -- were built before Ackerson went bankrupt.
Colonials -- many of them vintage -- rule. The village is informally divided into three sections: The Pines, where businesses, the post office, village hall and Wohseepee Park are located; The Lakes, where some roads are connected by small bridges; and the Canal, bordering the bay, with docks, a gazebo and a private beach.
Here's a general look at the price structure, according to Ramsay: The Pines, $350,000 to $750,000; The Lakes, $750,000 to $4 million; The Canal, $600,000 to $1.5 million. For the first time since 2005, taxes increased this year, McNulty says, noting that the village remains debt-free.
SALES PRICE From Oct. 1, 2012, to Nov. 30, 2013, there were 39 sales, with a median price of $455,000, according to Multiple Listing Service of Long Island data. The low was $297,500, and the high was $985,000. From Oct. 1, 2011, to Nov. 30, 2012, there were 22 sales. The median was $390,000 with a low of $268,000 and a high of $995,000.
ATTRACTIONS Wohseepee Park has tennis courts; Gilbert Park is dog friendly; Walker Beach is private; annual village events.
MORE BRIGHTWATERS STATS
Area: 1 square mile
ZIP code: 11718
Median age: 40.8
Median household income: $129,018
Median home value: $452,500
LIRR time to NYC: 59 minutes to 1 hour, 15 minutes at peak
Monthly ticket: $363
School district: Bay Shore
SOURCES: 2010 Census; mlsli.com; LIRR;
*Based on sales in the past six months, according to MLSLI