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Exclusive Gated Estate Community Land

8 Spring Hill Ln, Old Westbury, NY 11568

For Sale
$5,800,000

160-acre gated community land with lake and 24-hr security.

Property SizeContact for details
Days on Market1138

Property Features for 8 Spring Hill Ln

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $47,491
Listing Agency: Kean Realty LLC
Listed By: Nancy J. Patterson · License NY #10491203068
Source: Exprealty
Added: Sep 29, 2023 Changed: Oct 26 Last Checked: Nov 8 at 8:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kean Realty LLC

Rey
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Investment Insights

Based on property information with market context.

This is a 160-acre land parcel located in the Spring Hill at Old Westbury, an exclusive gated estate community. The community features a 3-acre lake and boathouse, and offers 24-hour security. The property is located within a community developed by Kean Development. The land is suitable for building a custom home. The property is surrounded by mature trees, offering privacy. School district options include East Williston or Roslyn Schools.

Key Highlights

  • 160‑acre exclusive, gated estate community offers privacy and security.
  • Located in Old Westbury, a desirable and prestigious area.
  • Opportunity to build a custom dream house.

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Auto Repair Shop Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

225
Businesses Nearby

Demographics for 11568, NY

4,168
Population
1,090
Households
3.8
Avg Household Size
34
Median Age
76%
College-Educated
98%
High-School Grad
8.7 sq mi
ZIP Area
479
Density / Sq Mi
$250,001
Median Household Income
$35,234
Median Earnings
$3,501
Median Rent
$2,000,001
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Land in Nassau County, NY

$773 Jul
$448 Aug
$695 Sep
$670 Oct

Properties on Market for Land in Nassau County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Land - 160-acre gated community land with lake and 24-hr security.
Where is this land located?
The property is located at 8 Spring Hill Ln Old Westbury, NY.
What is the asking price?
The asking price for this property is $5,800,000.
What are key features of this property?
This property features: 160‑acre exclusive, gated estate community offers privacy and security.; Located in Old Westbury, a desirable and prestigious area.; Opportunity to build a custom dream house.
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