Northport house drops $1.35M in price

The median value of homes in Northport, according to Multiple Listing Service of Long Island, is $654,390. The number that we’re focusing on is $1,350,000. But that isn’t a sales price. In this case, that’s merely the difference between the original listing price and the current listing price of a spectacular Northport contemporary on the market since August 2007.

Listing agent Linh Ho of ReMax/Universal in Bayside said the home has a very unique layout with gorgeous water views, but it’s not particularly kid friendly and that this may explain the lack of movement. Nearly every room has a balcony (a potential deal breaker for a family with young children) and the steps leading up to the home are formidable.

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There have been several price adjustments on the house during the past three years. But the short sale price of $950,000 could be the magic number. The owner currently has a potential buyer close to entering into contract. The interested party first saw the property when it was listed at $1,700,000 (a much less magical number).

The home has three bedrooms, 3.5 bathrooms on a third of an acre and was built in 1986. Taxes are $20,814, which includes Northport Village taxes.