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If you're thinking of buying in Oyster Bay

The 28th Annual Oyster Festival returns to the

The 28th Annual Oyster Festival returns to the shores of Oyster Bay. Every year, more than 200,000 visitors flock to an Indian-summer weekend on the waterfront in downtown Oyster Bay drawn by live entertainment, tall ships, top-notch artisans, pirate shows, midway rides, and the iconic oyster eating and shucking contest. Credit: Photo by Steve Pfost

THE SCOOP Off the beaten path, the hamlet of Oyster Bay -- on Oyster Bay Harbor -- is probably best known for its waterfront and historic landmarks.

The community's charm is often characterized by its vintage-style homes and business district, historic sites, restaurants, beaches and annual events, including the Oyster Festival held each October.

"It's a real privilege to live here," says, Carol Gannon of Prudential Douglas Elliman Real Estate in East Norwich. "It's a well-rounded community for all ages," adds Joanne Reed of Coach Realtors in East Norwich.

Enhancements around town include the installation of decorative street lamps along Audrey Avenue as well as the restoration of buildings, including the Octagon Hotel on West Main Street.

Theodore Roosevelt Memorial Park is undergoing major renovations, says town spokeswoman, Marta Kane.

The area's most notable attraction -- Sagamore Hill in Cove Neck, the home of President Theodore Roosevelt and the summer White House during his two-term presidency -- will close in December to undergo a renovation that may take as long as three years.

As for the real estate market, Fran Covello of Daniel Gale Sotheby's International Realty in East Norwich, said it remains strong.

CO-OPS Listings between $145,000 and $239,000

TOWN HOMES Landmark Colony and Mariners Walk, from $495,000 to $1,225,000

SALES PRICE From Sept. 1, 2010, to Oct. 26, 2011, there were 39 sales with a median sales price of $555,000, according to Multiple Listing Service of Long Island data. The low price was $165,000 and the high was $999,999. From Aug. 1, 2009, to Aug. 31, 2010, there were 34 sales. The median price was $457,000 with a low of $185,000 and a high of $1,850,000.

ATTRACTIONS The WaterFront Center offers sailing lessons and summer programs; Theodore Roosevelt Sanctuary and Audubon Center; Raynham Hall Museum.


Town Oyster Bay

Area 1.2 square miles

ZIP code 11771

Population 6,707

Median age 42.6

Median household income $79,522

Median home value $595,000*

LIRR time to NYC 1 hour 16 minutes to 1 hour 23 minutes at peak

Monthly ticket $254

School district Oyster Bay-East Norwich

SOURCES: 2010 Census;; Long Island Rail Road;

*Based on sales in the past six months, according to Multiple Listing Service of Long Island

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