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5 Cedar Lane, Glen Cove, NY, 11542

6beds
8baths
7,594sqft
$2,888,000
$380price/sqft
$21,018/moest. monthly cost
$840,720/yrincome needed

About This Home

Located on a high bluff overlooking the Long Island Sound, this spectacular home is part of Glen Cove's Red Spring Colony. Originally built in 1896 as part of the historic Leahead estate for English cork importer Henry Bucknall, the home seamlessly blends timeless elements with modern living. Many original elements have been beautifully preserved, including intricate woodwork, soaring high ceilings, multiple fireplaces, banquet sized dining room and so much more. Thoughtful updates like a full kitchen remodel, updated bathrooms and 10 ductless heating and cooling units offer modern comfort while maintaining the estates old world charm. Enormous first floor primary suite with new bath, original fireplace, sitting room and tons of closets. Set on a flat 1.33 acres overlooking the Long Island sound, the grounds include a heated pool, multiple patios and plenty of room for entertaining.

Getting Around

5
WalkingCar-Dependent
0
TransitNo Nearby Transit
17
BikeSomewhat Bikeable

Schools

4/10
Landing SchoolGrades PK,3-51.1 mi
4/10
4/10
Glen Cove High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1896

Type & Style

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

Interior

Appliances

  • Appliances included: Convection Oven,Dishwasher,Disposal,Dryer,Electric Oven,Electric Water Heater,Gas Cooktop,Gas Oven,Microwave,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Partially Finished,Storage Space,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 8
  • Full bathrooms: 7
  • 1/2 bathrooms: 1

Features

  • First Floor Bedroom,First Floor Full Bath,Beamed Ceilings,Crown Molding,Eat-in Kitchen,Formal Dining,Natural Woodwork,Original Details,Master Downstairs
  • Flooring: Hardwood
  • Number of fireplaces: 5
  • Fireplace: Yes
  • Attic: None

Heating & Cooling

  • Heating features: Electric,Oil
  • Cooling features: Ductless

Interior Area

  • Total structure area: 7,594
  • Total interior livable area: 7,594 sqft

Property

Details

  • Parcel number: 28050070620
  • Special condition: None

Features

  • Private pool: Yes
  • Patio & porch: Deck,Patio,Terrace
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water

Lot

  • Lot size: 1.34 Acres
  • Features: Back Yard,Cleared,Irregular Lot

Parking

  • Parking features: Driveway
  • 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

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Inland Flooding
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 $14,603$175,236
Home Insurance *$1,022$12,264
Property Taxes $4,139$49,668
Electricity $1,254$15,059
Total$21,018$252,216
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$720,617/yr
40% on housing$630,540/yr
45% on housing$560,480/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

$380This listing

vs Other Active Listings

Avg $/sqft

ZIP 11542$506
Nassau County$567

vs Homes Sold Last Month

Median $/sqft

ZIP 11542$440
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
2026-04-21Price change$2,888,000
2025-12-09Listed for sale$2,998,000
2025-11-17Listing removed$3,295,000
2025-07-08Price change$3,295,000
2025-05-20Listed for sale$3,999,000
2017-05-24Sold$535,000
2017-02-16Listing removed$588,000
2016-12-11Price change$588,000
2016-08-30Listed for sale$628,000

For Sale by Agent

AgentKathleen A. Evangelista
BrokerageDouglas Elliman Real Estate

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