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7 Cedar Lane, Glen Cove, NY, 11542

5beds
5baths
7,000sqft
$3,750,000
$536price/sqft
$26,820/moest. monthly cost
$1,072,800/yrincome needed

About This Home

Welcome to 7 Cedar Lane, a remarkable turnkey residence perched high above the water on the Gold Coast with a private beach. This exquisite home offers an expansive layout with five+ bedrooms and four and a half bathrooms, perfectly suited for accommodating family and guests alike. Upon entering, you are greeted by a sophisticated interior designed for modern living. Originally rebuilt in 2005, the home thoughtfully preserves elements of its past, including a fireplace and the signature turret, maintaining the charm and character of this Gatsby-esque property. Rich in history, the home was carefully constructed to honor the integrity of the original residence. Architectural details such as stained glass and a one-of-a-kind interior door have been meticulously restored and repurposed, further enhancing the home’s connection to its storied past. The exterior is equally impressive. Enjoy sweeping views of the Long Island Sound from the custom patio, ideal for outdoor gatherings or quiet relaxation. The pool and well-appointed pool house create a private retreat, perfect for entertaining. This exceptional property in Red Spring Colony also offers access to a sandy private beach, allowing you to fully embrace waterfront living, whether it is paddling along the shore, soaking in the sun, or enjoying breathtaking sunsets. This property seamlessly blends luxury, history, and coastal living, an extraordinary offering for today’s discerning homeowner.

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: 2005

Materials

  • Construction materials: Batts Insulation,HardiPlank Type,Shingle Siding,Stone

Notable Dates

  • Major remodel year: 2005

Type & Style

  • Home type: SingleFamily
  • Architectural style: A-Frame
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Freezer,Microwave,Other,Oven,Range,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Features

  • First Floor Bedroom,Built-in Features,Cathedral Ceiling(s),Chefs Kitchen,Crown Molding,Double Vanity,Eat-in Kitchen,Formal Dining,Kitchen Island,Primary Bathroom,Open Floorplan,Other
  • Fireplace: Yes
  • Attic: None

Heating & Cooling

  • Heating features: Forced Air,Other
  • Cooling features: Central Air

Interior Area

  • Total structure area: 7,000
  • Total interior livable area: 7,000 sqft

Property

Details

  • Parcel number: 0600310640000330
  • Special condition: None
  • Exclusions: Chandeliers and other select lighting. Ask for list

Features

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

Lot

  • Lot size: 0.91 Acres

Parking

  • Total spaces: 3
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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 $18,962$227,544
Home Insurance *$1,327$15,924
Property Taxes $5,375$64,500
Electricity $1,156$13,881
Total$26,820$321,840
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$919,542/yr
40% on housing$804,600/yr
45% on housing$715,200/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

$536This listing

vs Other Active Listings

Avg $/sqft

ZIP 11542$502
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
2026-04-30Price change$3,750,000
2025-09-30Price change$3,990,000
2025-05-28Listed for sale$4,299,000
2007-01-02Sold$2,900,000

For Sale by Agent

AgentDana N. Forbes CBR
BrokerageCompass Greater NY LLC

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