Old Westbury, NY 11568,72 Post RD
$4,600,000
Est. payment /mo
$4,800,000
4.2%
Est.Price: ?

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15.54 Acres Lot
SOLD DATE : 04/02/2024

Key Details

Sold Price $4,600,000

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 3475131

Sold Date 04/02/24

Originating Board onekey

Rental Info No

Annual Tax Amount $184,153

Lot Size 15.540 Acres

Acres 15.54

Lot Dimensions 15.54

Property Description

Nestled away from the hustle and bustle, this 15.54-acre estate exudes pristine and peaceful beauty, enveloped by serene ponds and picturesque woodlands. As you make your way down the tree-lined driveway, you'll be greeted by gently rolling fields adorned with specimen trees, offering endless possibilities for equestrian and outdoor recreational activities. Formerly a part of the John Shaffer Phipps and Margarita Grace Phipps estate, now famously known as the historic Old Westbury Gardens, this property comprises five lots, with potential for future subdivision. The estate was purchased by Michael Grace Phipps, the accomplished polo player and son of John Shaffer Phipps, where it was used to quarantine and train polo ponies. The estate features a variety of charming buildings, including a four-bedroom artist's studio, a cozy country house, a spacious tin barn, three-bedroom cottages, the original ice house, laundry and horse stalls, and a four-bay garage with an expansive workshop. The property is directly adjacent to the 216-acre Old Westbury Gardens, allowing for easy access to its breathtaking scenery and renowned history. This unique and rare property awaits its next chapter, offering limitless possibilities for its new owner. Whether you choose to create your own dream estate or develop a luxurious subdivision, this property is a true gem waiting to be discovered. Don't miss this once-in-a-lifetime opportunity to own a piece of history in the heart of Long Island's coveted Gold Coast.

Location

State NY

County Nassau

Zoning Residential

Interior

Fireplace No

Building

Lot Description Cleared, Secluded, Part Wooded

Sewer Cesspool

Water See Remarks

Schools

Middle Schools Westbury Middle School

High Schools Westbury High School

School District Westbury

Others

Special Listing Condition None

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Listed by Daniel Gale Sothebys Intl Rlty • 631-692-6770
Bought with Daniel Gale Sothebys Intl Rlty
Bairo Real Estate

+1(888) 782-2476 | support@bairorealestate.com

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