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416 W Bay Drive, Long Beach, NY, 11561

5beds
4baths
5,673sqft
$2,695,000
$475price/sqft
$19,505/moest. monthly cost
$780,200/yrincome needed

About This Home

Welcome to waterfront living at its absolute finest. This breathtaking brand-new construction offers 5,600 square feet of meticulously crafted living space, delivering the perfect blend of luxury, functionality, and coastal elegance in one of the area's most desirable beach communities. Featuring five expansive bedrooms and three and a half spa-inspired bathrooms, this home was designed for those who demand the very best. The thoughtfully planned layout flows effortlessly across multiple levels, all serviced by an elevator-ready shaft — offering both immediate convenience and long-term accessibility for years to come. Step outside and experience your own private waterfront paradise. A brand-new bulkhead and dock sit directly on the bay, offering immediate deep-water access for boating, fishing, kayaking, or simply watching the sun melt into the horizon each evening. Whether you're pulling up by boat or hosting a sunset gathering on the water's edge, this outdoor space is truly second to none. Inside, open-concept living areas, and premium finishes create an atmosphere of refined coastal sophistication. Natural light pours through generous windows framing sweeping bay views from nearly every room, blurring the line between indoor comfort and outdoor beauty. Situated in the heart of Long Beach brimming with acclaimed dining, boutique shopping, and an unbeatable community feel, this home offers the rare combination of serene waterfront privacy and vibrant local living. New construction of this caliber on the bay is nearly impossible to find — an extraordinary opportunity for the discerning buyer.

Getting Around

28
WalkingCar-Dependent
35
TransitSome Transit
34
BikeSomewhat Bikeable

Schools

6/10
Lindell Boulevard SchoolGrades K-50.3 mi
5/10
Long Beach Middle SchoolGrades 6-85.2 mi
7/10

Construction

Condition

  • Year built: 2023

Type & Style

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

Interior

Appliances

  • Appliances included: Stainless Steel Appliance(s)

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Built-in Features,Chefs Kitchen,Double Vanity,Formal Dining,His and Hers Closets,Kitchen Island,Natural Woodwork,Open Floorplan,Open Kitchen,Primary Bathroom,Recessed Lighting,Smart Thermostat,Soaking Tub,Tray Ceiling(s)
  • Attic: Partial

Heating & Cooling

  • Heating features: Hot Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 5,673
  • Total interior livable area: 5,673 sqft

Property

Details

  • Parcel number: 59030000158
  • Special condition: None

Features

  • On waterfront: Yes
  • Waterfront features: Bayfront,Bulkhead,Water Access,Waterfront

Lot

  • Lot size: 8,169 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached,Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Inland Flooding
Winter Weather
Cold Wave
Heat Wave
Ice Storm
Lightning
Strong Wind
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 $13,627$163,524
Home Insurance *$1,079$12,948
Property Taxes $3,862$46,344
Electricity $937$11,250
Total$19,505$234,060
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$668,742/yr
40% on housing$585,150/yr
45% on housing$520,133/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

$475This listing

vs Other Active Listings

Avg $/sqft

ZIP 11561$571
Nassau County$567

vs Homes Sold Last Month

Median $/sqft

ZIP 11561$522
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
2026-05-07Price change$2,849,874
2026-04-20Price change$2,849,875
2026-03-26Listed for sale$2,849,876
2025-02-23Price change$2,899,999
2024-10-23Price change$2,999,000
2024-08-21Listed for sale$3,299,000
2024-08-05Listing removed--
2024-06-18Price change$3,250,000
2024-03-21Listed for sale$3,390,000

For Sale by Agent

AgentDouglas Elliman Real Estate, Gil R. Shemtov, Thomas Tripodi, Douglas Elliman Real Estate
BrokerageDouglas Elliman Real Estate

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