Matinecock, a 2.6-square-mile village on Nassau County’s North Shore, was once named the richest town in New York and the fifth-richest in America by Worth Magazine. Christine Porter of Daniel Gale Sotheby’s International Realty says the village provides a “Gold Coast lifestyle,” but has more to offer than luxury and exclusivity.
The all-residential community has five-acre zoning laws, which Porter says provide privacy and “a setting that can feel like an escape.” But she says Matinecock also has “a small-town closeness about it,” where locals like the fact that they can walk into town or walk their kids to school. And Porter says all the amenities you need for small-town living — from shopping to transportation — are available in neighboring Locust Valley.
Matinecock means “hill country” and is named for the Indian tribe that lived there before Dutch and English settlers arrived in the 1600s. Matinecock was incorporated as a village in 1928, and is now home to just more than 800 residents.
Oyster Bay Town Supervisor John Venditto calls Matinecock “a beautifully tranquil community . . . known for its well-manicured homes, suburban charm and aesthetically pleasing landscapes.”
One landscape that put Matinecock on the map is the 320-acre Piping Rock Club. Founded in 1912, the private club once played host to U.S. presidents, British royalty and celebrities and entertainers of the Gold Coast Age. The club offers an 18-hole golf course, clay and grass tennis courts and an off-site beach club to its members.
Between Oct. 1, 2014, and Nov. 10, 2015, there were 4 home sales, with a median sale price of $3.84 million according to the Multiple Listing Service of Long Island. The low price for that period was $1.825 million, and the high was $5.4 million. During that same period a year earlier, there were nine home sales, with a median sale price of $2.6 million. The price range was $1.02 million to $4.3 million.
In 2014, 78 percent of students graduating from the Locust Valley School District earned a Regents diploma with advanced designation, according to a New York State Education Department website. That percentage was unchanged from 2013.
Town Oyster Bay
Area 2.6 square miles
ZIP code 11560
Median age 42.6
Median household income $197,188
Median home value $3.84 million*
LIRR time to NYC From Locust Valley, 66 to 73 minutes at peak
Monthly ticket $287
School district Locust Valley
SOURCES: 2010 census; mlsli.com; LIRR;
*Based on sales in the past twelve months, according to MLSLI
On Multiple Listings
Number of houses 14
Price range $1.399 million to $12 million
Tax range $21,827 to $228,601
$1.825 million, Thorne Lane
This four-bedroom estate sold for $50,000 less than its asking price after 67 days on the market. The 1933 home has its original wood floors, basket weave brick and mahogany doors, but has been renovated to include a European-style kitchen, a skylight and three marble baths. The home features a formal dining room and living room with a fireplace and tray ceiling. The master suite has its own fireplace, loft, built-ins and custom closets. The 6.19-acre property features a heated, gunite pool, bluestone patio, a gazebo and a three-car garage. Taxes are $26,560.
$2.38 million, Duck Pond Road
After 437 days on the market, this nine-bedroom Colonial sold for $1,320,000 less than its asking price. The home, built in 1912, offers nine bathrooms and four half-baths. There’s an eat-in kitchen, a formal dining room, a library and a sunroom. Amenities include eight fireplaces, hardwood floors and a service wing. There’s an in-ground pool, tennis court and two-car garage on the 16-acre property, which can be subdivided. Taxes are $115,364.
$5.4 million, Piping Rock Road
Originally listed for $6,998,000, this six-bedroom Colonial sold after 178 days on the market. Built in 2004, the home offers six bathrooms and two half-baths, an eat-in kitchen, formal dining room, living room, family room, mudroom and office. There are five fireplaces, hardwood floors, a full basement with high ceilings and a walk-up attic. The 5.21-acre property features a saltwater pool, a hydro clay tennis court, a brick patio and a three-car garage. Taxes are $97,206.
NOW ON THE MARKET
This four-bedroom farm ranch offers three new baths, a renovated kitchen and a living room with a fireplace. The finished basement has a playroom, media room and an outside entrance. The two-acre property has a stone patio, a two-car garage and an artist’s studio that can be used as a guest suite. Taxes are $25,013. Eileen Marie Gilligan, Gilligan Real Estate, 516-674-3777
Trade-up, $2.995 million
This six-bedroom estate has four bathrooms and one half-bath. There are two master suites, a formal dining room, three fireplaces and an indoor exercise pool. The 5.2-acre property features a separate two-bedroom guest cottage and a three-car garage. Taxes are $49,678. Antje Dolido and Sara Maragos, Daniel Gale Sotheby’s International Realty, 516-446-4845 and 917-297-6412
High end, $10 million
This eight-bedroom Colonial offers six bathrooms, four halfbaths, a formal dining room, 10 fireplaces, a two-story library, theater, bar, rec room and gym. The 37.8-acre property features a heated infinity pool, two patios and a four-car garage. Taxes are $228,601. Joann Natale Fischer, Coach Realtors, 516-330-4243