4 August Lane is an extraordinary, once-in-a-lifetime Signature Estate this opportunity to acquire a custom-built 1970 estate set on 2.2 acres of private, gated grounds in the prestigious village of Old Westbury — one of Long Island’s most affluent and historically significant communities. Privately owned by the same family for nearly 50 years, this is a rare generational offering. Gated entry with tree-lined drive and 2nd access directly to the LIE service road. 5,000 taxable sq ft plus full basement leading to 6-car garage and 2 car garage off the 1st floor. Six bedrooms, incl. maid’s quarters. Second floor features oversized primary suite w/ ensuite bath + 3 additional bedrooms and full hall bath. First floor includes foyer, formal dining room, formal den, guest bedroom, kitchen, laundry, and garage access. Dramatic 25’ x 40’ great room w/ 20’ ceilings, fireplace, full bath, loft area, and large sliders. Property was formerly two lots now combined into one 2.2-acre parcel. The grounds are truly amazing and reason enough to purchase this is a opportunity for a
Home requires full renovation and is being sold as-is. Limited financing options. Convenient to parkways, LIRR, and approx. 22 miles to Manhattan.
165 days
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1,957
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96
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Zillow last checked:
Listing updated:
Listed by:
A Team Real Estate Group718-915-7000,
David Rosenfeld516-984-7273,
Andre Moctezuma718-915-7000,
A Team Real Estate Group
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 961318
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1
Bedroom 1
Description: guest bedroom
Level: First
Bedroom 2
Description: Maids quarters bedroom
Level: First
Bedroom 4
Description: 4th bedroom
Level: Second
Bedroom 5
Description: 5th Bedroom
Level: Second
Bathroom 1
Description: 1st floor powder room 1/2
Level: First
Bathroom 2
Description: Maids quarters full bathroom
Level: First
Bathroom 3
Description: Main Bedroom
Level: Second
Bathroom 3
Description: Main Bedroom Full Bathroom
Level: Second
Bathroom 4
Description: Full bath with dual sink
Level: Second
Other
Description: Dining room
Level: First
Other
Description: Foyer
Level: First
Basement
Description: Basement unfinished runs full footprint of house
Level: Basement
Bonus room
Description: 6th bedroom
Level: Second
Den
Description: Den area
Level: First
Family room
Description: Great room
Level: First
Kitchen
Description: Kitchen
Level: First
Heating
Baseboard, Oil
Cooling
Central Air, Ductwork
Appliances
Included: Dishwasher, Electric Water Heater, Refrigerator
Laundry: Electric Dryer Hookup, Laundry Room, Washer Hookup
Features
Eat-in Kitchen, Entrance Foyer, Formal Dining
Flooring: Hardwood, Wood
Basement: Unfinished
Attic: None
Number of fireplaces: 2
Interior area
Total structure area: 5,000
Total interior livable area: 5,000 sqft
Property
Parking
Total spaces: 8
Parking features: Attached, Detached, Private
Garage spaces: 8
Features
Levels: Three Or More
Exterior features: Gas Grill, Lighting
Fencing: Chain Link,Partial,Wood
Has view: Yes
View description: Trees/Woods
Lot
Size: 2.13 Acres
Dimensions: 2.13
Features: Back Yard, Cleared, Front Yard
Details
Parcel number: 223119D0001120
Special conditions: None
Construction
Type & style
Home type: SingleFamily
Architectural style: Colonial
Property subtype: Single Family Residence, Residential
Materials
Cedar, Frame, Shake Siding
Condition
Fixer
Year built: 1970
Major remodel year: 1970
Utilities & green energy
Sewer: Cesspool
Water: Public
Utilities for property: Trash Collection Private
Community & HOA
Community
Subdivision: N
HOA
Has HOA: No
Location
Region: Old Westbury
Financial & listing details
Price per square foot: $320/sqft
Tax assessed value: $1,518,000
Annual tax amount: $37,873
Date on market: 2/13/2026
Cumulative days on market: 92 days
Listing agreement: Exclusive Agency
Listing terms: Cash
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/21/2026
Listed for sale
$1,600,000$320/sqft
Source: OneKey® MLS as distributed by MLS GRID #961318Report a problem
4/8/2026
Pending sale
$1,600,000$320/sqft
Source: OneKey® MLS as distributed by MLS GRID #961318Report a problem
2/13/2026
Listed for sale
$1,600,000+113.3%$320/sqft
Source: OneKey® MLS as distributed by MLS GRID #961318Report a problem
2/13/2026
Listing removed
$750,000$150/sqft
Source: OneKey® MLS as distributed by MLS GRID #L3548480Report a problem
11/21/2024
Pending sale
$750,000-19.2%$150/sqft
Source: OneKey® MLS as distributed by MLS GRID #L3548480Report a problem
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.