See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

88 Wheatley Road, Old Westbury, NY, 11568

7beds
8baths
8,000sqft
$3,295,000
$412price/sqft
$24,208/moest. monthly cost
$968,320/yrincome needed

About This Home

OLD WESTBURY. ICONIC COLONIAL-REVIVAL MANOR - Set on 2.26 private acres, this 1932 William Lawrence Bottomley–designed Colonial-Revival estate is distinguished by its remarkable architectural form. A four-story brick center residence is flanked by two sweeping first-floor wings that extend in a graceful semi-circle, creating both symmetry and a sense of grandeur rarely seen. Inside, timeless details include a dramatic spiral floating staircase, arched windows, intricate moldings, multiple fireplaces, and light-filled entertaining spaces. The home features 7 bedrooms, 5 full and 3 half baths, including a regal primary suite with study, dual baths, and walk-in closets. Elegant gathering rooms include a banquet-sized dining room, a solarium with wet bar and billiards area, and a stunning octagonal library with imported, fluted, conical ceiling and incredible acoustics. The grounds are equally impressive, offering a heated gunite pool with brick surround, outdoor kitchen, and a pool house with party room, kitchenette, and baths, a circular courtyard with 5 garage bays, and slate and copper roofing complete this one-of-a-kind estate. A must see!!

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

8/10
8/10
Jericho Middle SchoolGrades 6-83.1 mi
9/10

Construction

Condition

  • Year built: 1932

Materials

  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Gas Range,Refrigerator,Stainless Steel Appliance(s),Washer

Basement

  • Has basement: Yes
  • Basement: Partial

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 8
  • Full bathrooms: 5
  • 1/2 bathrooms: 3

Features

  • Entrance Foyer,Formal Dining,His and Hers Closets,Original Details,Primary Bathroom
  • Number of fireplaces: 5
  • Fireplace: Yes
  • Attic: See Remarks

Heating & Cooling

  • Heating features: Oil
  • Cooling features: Central Air

Interior Area

  • Total structure area: 8,910
  • Total interior livable area: 8,000 sqft

Property

Details

  • Parcel number: 223119A0004760
  • Special condition: None
  • Other equipment: Generator

Features

  • Private pool: Yes
  • Pool features: In Ground
  • Patio & porch: Patio
  • Exterior features: Garden,Gas Grill

Lot

  • Lot size: 2.26 Acres
  • Features: Garden,Landscaped,Private

Parking

  • Total spaces: 5
  • Parking features: Attached,Detached,Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 5
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Ice Storm
Winter Weather
Tsunami

FEMA Declared Disasters in Nassau County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $16,661$199,932
Home Insurance *$1,503$18,036
Property Taxes $4,722$56,664
Electricity $1,322$15,864
Total$24,208$290,496
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$829,988/yr
40% on housing$726,240/yr
45% on housing$645,546/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.4%
6.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$412This listing

vs Other Active Listings

Avg $/sqft

ZIP 11568$858
Nassau County$567

vs Homes Sold Last Month

Median $/sqft

ZIP 11568$504
Nassau County$510

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-13Price change$3,495,000
2026-02-11Price change$3,695,000
2025-09-25Listed for sale$3,998,000
2015-04-28Sold$2,400,000
2014-08-09Listed for sale$2,999,000
2014-01-01Listing removed$3,349,000
2013-06-19Price change$3,349,000
2013-03-09Price change$3,599,000
2012-10-12Price change$3,995,000
2012-07-25Price change$4,400,000
2012-06-02Listed for sale$4,900,000
2012-04-02Listing removed$4,900,000
2011-07-01Price change$4,900,000
2011-04-09Listed for sale$5,750,000

For Sale by Agent

AgentDouglas Elliman Real Estate, Maria Babaev CBR CIPS E-PRO SFR GR
BrokerageDouglas Elliman Real Estate

Similar Homes