Waterfront

Locust Valley, NY Waterfront Land for Sale

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Glen Head, NY Glen Cove, NY Mill Neck, NY Sea Cliff, NY Bayville, NY Glenwood Landing, NY Greenvale, NY Port Washington, NY
Waterfront Land with Approved Lots
Updated: Apr 28
Waterfront Land with Approved Lots

31 Factory Pond Rd, Locust Valley, NY 11560

$5,495,000
18.00 AC lot
18‑acre waterfront property on Mill Neck Creek with over 1,100 feet of pristine waterfront
Two separate buildable approved lots on Factory Pond Road
Land includes a sweeping open field suitable for pastoral or garden uses
Includes a small wooded area plus mature trees for added privacy and natural backdrop
Property is described as the last major parcel of the historic Underhill Farm
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Locust Valley, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Centre Island Waterfront Land Parcel
Centre Island Waterfront Land Parcel

224 Centre Island Road, Centre Island, NY 11771

$2,995,000
3.00 AC lot

Rare 3-acre waterfront property with 1500 feet of beachfront.

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Waterfront Homebuilding Lot
Waterfront Homebuilding Lot

23 Mallard Drive, Lloyd Neck, NY 11743

$1,750,000
2.50 AC lot

2.5-acre waterfront lot with previously approved plans and access to a private beach with dues.

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Waterfront Land for Luxury Home
Waterfront Land for Luxury Home

23 Mallard Drive, Lloyd Neck, NY 11743

$1,950,000
2.50 AC lot

Waterfront land with previously approved plans for an 8,000 sq ft ultra-luxury home and deeded beach rights.

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Waterfront Land with Private Beach
Waterfront Land with Private Beach

144 Centre Island Road, Centre Island, NY 11771

$6,750,000
17.30 AC lot

Build-ready waterfront acreage with direct shoreline frontage and utilities already in place on Centre Island.

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Locust Valley, NY Waterfront Land Market Trends and Statistics

Explore 1 waterfront land for sale in Locust Valley, NY on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $5,495,000.

Sale prices for water rights properties in Locust Valley, NY start at $5,495,000, averaging $5,495,000, and reaching up to $5,495,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 2
Agricultural land / Farmland 1
Waterfront Land 1

Demographics Overview

Population 6,951
Population Growth (5Y) +9.2%
Median Household Income $159,545
College Educated 89.7%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Nassau County

New Delisted

Total CRE Inventory on Market (SF)

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