Set on five serene, park-like acres in Matinecock, this exceptional estate offers a rare blend of privacy, elegance, and opportunity. The lush, meticulously manicured grounds—masterfully designed by the acclaimed landscape architecture firm Innocenti & Webel—create a breathtaking setting with ample room for a pool or future enhancements. Designed for both sophisticated entertaining and effortless everyday living, the residence features sun-filled interiors that seamlessly open to expansive lawns and picturesque outdoor spaces. The generously proportioned primary suite, along with three additional bedrooms—including a private en-suite guest room—are thoughtfully situated away from the main living areas, offering comfort, tranquility, and a true sense of retreat. The gourmet kitchen is appointed with top-tier Wolf and Sub-Zero appliances, perfectly suited for the discerning chef. A substantially lower level presents endless possibilities, whether envisioned as a wine cellar, private cinema, fitness studio, or additional recreational space. Enhancing the property is a private equestrian facility complete with a barn, stables, professional lighted riding ring, and storage. Equally versatile, this space could easily be reimagined as a yoga or art studio, curated gardens, or a resort-style pool and wellness retreat. This remarkable estate offers an extraordinary opportunity to create a truly bespoke sanctuary.
Single-familyProperty Type
1976Year Built
5 acresLot Size
$932Price/Sq.Ft.
2 car garageParking
Listing by Constanza Pinilla• Compass Greater NY LLC
Oyster Bay, located between Cold Spring Harbor and Bayville, is a waterfront and historic Glen Cove neighborhood with a working harbor and leafy, estate-era streetscapes. The neighborhood’s character concentrates around Audrey Avenue at Spring Street, where coffee counters, independent boutiques, and old-school storefronts set a walkable, small-town cadence. The Oyster Bay Railroad Museum, the Oyster Bay Historical Society’s Earle-Wightman House, and the Planting Fields Arboretum State Historic Park act as cultural anchors. Shingle-style homes and classic Colonials mix with village-era cottages near the shore. Waterfront paths and marinas frame daily routines with salt-air views. Beaches and preserves shape the landscape from cove to bluff.
Provided by Walk Score and Local Logic
Market insights
540 Chicken Valley Rd · $2,888,000
DAYS ON MARKET
63 days
The average home goes pending in 26 days.
SALE-TO-LIST
101.8%
Most homes are selling 2% above list price.
LIST PRICE
$2,888,000
Median sale price in this area is $877,575. (70% lower than this home)
PRICE DROP
1 price drop
16% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
First-floor bedroom
Chef's kitchen
Formal dining room
Galley-style kitchen
Natural woodwork
Pantry
Primary bathroom
Master bedroom on main level
Walk-in closets
Washer/dryer hookup
Home office
Library/den
Loft
Full unfinished basement
Partial crawl/attic
Bedrooms
Bedrooms not specified (master on main level noted)
Bathrooms
3 full bathrooms
1 half bathroom
Kitchen
Convection oven
Electric oven
Electric range
Range
Microwave
Exhaust fan
Dishwasher
Refrigerator
ENERGY STAR qualified appliances
Laundry & utility
Washer
Dryer
Washer/dryer hookup
Flooring
Wood flooring
Heating & cooling
Baseboard heating
Central air conditioning
Wood-burning fireplaces (2 total; living room)
Exterior features
Not waterfront
Cedar exterior
Home design
Single family residence
Living area reported (source: Other)
Parking
Attached garage
2 garage spaces
2 total parking spaces
Construction
Cedar construction
Utilities
Septic tank
Electricity connected
Cable available
Electricity and solar
View estimated energy costs and solar savings for this home
Privacy abounds in this 5-acre, parklike Matinecock property across from Planting Fields Arboretum. Lush grounds were designed by renowned landscape architects Innocenti & Webel, with room to add a pool. The home is an entertainer's dream, with sun-filled spaces that face an exquisite lawn. The large master and three bedrooms are set apart from the entertaining areas for privacy. Gourmet kitchen with Wolf and Subzero appliances. The huge basement has a cedar closet and ample room to add a wine cellar or movie theate. Adjacent to the home is a private equestrian farm with a barn/stables, a lit riding ring, paddocks, and storage. Not an equestrian? Explore converting the space to a private yoga/art studio, gardens, tennis, pool or more. With 5-acres, there is abundant potential to realize your vision., Additional information: Appearance:Mint
Year
Property tax
Land + Additions
Assessment*
2025
$36,742 (−21.1%)
$1,435 + $718
$2,153
2024
$46,585 (+4.4%)
$1,435 + $718
$2,153
2023
$44,642 (+4.5%)
$1,435 + $718
$2,153
2022
$42,700 (+1.4%)
$1,435 + $718
$2,153
2021
$42,096 (+4.4%)
$1,435 + $718
$2,153
2020
$40,305 (+7.8%)
$1,435 + $718
$2,153
2019
$37,384 (+6.5%)
$1,381 + $691
$2,072
2018
$35,086 (+6.6%)
$3,024 + $276
$3,300
2017
$32,928 (+4.0%)
$3,024 + $276
$3,300
2016
$31,656 (+11.3%)
$3,024 + $276
$3,300
2015
$28,455 (+8.4%)
$3,024 + $954
$3,978
2014
$26,240 (−12.1%)
$3,024 + $954
$3,978
2013
$29,843 (−4.9%)
$3,024 + $954
$3,978
2012
$31,368 (+7.7%)
$3,024 + $1,864
$4,888
2011
$29,135 (+10.8%)
$3,024 + $1,864
$4,888
2010
$26,287 (−10.1%)
$3,360 + $1,623
$4,983
2009
$29,256
$3,360 + $1,892
$5,252
Public record
Beds
—
Baths
4.5
Stories
1
Lot width
—
Lot depth
—
Lot size
5 Acres
Year renovated
—
Finished Sq. Ft.
3,127
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,127
Year built
1976
Style
Single Family Residential
County
Nassau County
APN
23 B 04960
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 17, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 97° expected this year, 16 days in 30 years
6/10 Wind Factor
67% chance of strong winds in next 30 years
5/10 Air Factor
6 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Locust Valley, NY • 11560
Average low and high temperatures (°F)
36
24
38
25
53
36
62
45
70
54
81
64
86
70
80
64
75
61
67
51
55
41
41
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
76/ 100
Good sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 540 Chicken Valley Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $1,550,000 and $3,000,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.6M to $3.0M.