THE SCOOP: In search of Gold Coast living? The village of Matinecock certainly qualifies. Here, you will find about 260 homes - many of them stately - on sprawling properties amid a natural environment.
The village is two- and five-acre zoned, though smaller parcels exist. "It's extremely pastoral," says Barbara Brundige of Prudential Douglas Elliman Real Estate in East Norwich, noting, however, that the village's location is also convenient to shops, major roadways and train stations. And because the village is largely residential, residents tend to visit Locust Valley and Oyster Bay to shop and dine, says Kathy Zoller of Piping Rock Associates in Locust Valley.
Many of the homes, including Colonials, traditionals and farm ranches, are hidden by foliage, expansive driveways and sometimes gates. Prices are at a premium, starting north of $1 million. The market, says Brundige, is "perking up slowly." Larger compounds tend to take longer to sell, she notes.
SALES PRICE: The sample size is quite small. According to Multiple Listing Service of Long Island data, there were two sales in 2009. The median price was $3,350,000, with a low of $2,600,000 and a high of $4,100,000. In 2008, there were five sales, with a median price of $4,100,000. The low was $1,700,000 and the high was $4,375,000.
ATTRACTIONS: Matinecock's environs are a nature lover's paradise, including Francis Pond on the former Smither's 25-acre property. Purchased by Nassau County, it is where ducks, mallards, swans and Canada geese make their home. The 42-acre Bailey Arboretum in Lattingtown is nearby, as is the 60-acre Charles T. Church Nature Preserve, also known as Shu Swamp. The John P. Humes Japanese Stroll Garden also is nearby, in Locust Valley.
Town: Oyster Bay
Area: 2.6 square miles
ZIP code: 11560*
Median age: 41
Median household income: $182,609
Median home value: $3,350,000**
Median age of homes: 53*
Percent owning home: 74 percent*
Percent renting home: 20.2 percent*
Percent homes vacant: 5.5 percent*
LIRR time to NYC: 39-52 minutes at peak
Monthly ticket: $232
School district: Locust Valley. Locust Valley also houses two private schools - Friends Academy and Portledge School. The Grenville Baker Boys & Girls Club, also in Locust Valley, provides programs for children and young adults.
SOURCES: Claritas 2009; mlsli.com; Long Island Rail Road
*Includes Lattingtown and Locust Valley
**Based on two sales in the past 12 months according to Multiple Listing Service of Long Island