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For sale
  • Price cut: $62K (6/6)
    $2,888,000

    540 Chicken Valley Road, Locust Valley, NY 11560

    4beds
    3,100sqft
    Loading
    Single Family Residence, Residential
    Built in 1976
    5 Acres Lot
    $-- Zestimate®
    $932/sqft
    $-- HOA

    What's special

    Private en-suite guest roomSun-filled interiorsSerene park-like acresLush meticulously manicured groundsGenerously proportioned primary suiteCurated gardensProfessional lighted riding ring
    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.
    41 days
    |
    971
    |
    51
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Compass Greater NY LLC 516-517-4751,

    Constanza Pinilla 516-521-8274

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: 990843MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Bonus room
      • Description: Stable on property of 4000 square feet 10 Stall,proferssional ring, with 4 barns
      Heating
      • Baseboard, Radiant Floor
      Cooling
      • Central Air
      Appliances
      • Included: Convection Oven, Dishwasher, Dryer, Electric Oven, Electric Range, ENERGY STAR Qualified Appliances, Exhaust Fan, Microwave, Range, Refrigerator, Washer
      • Laundry: Washer/Dryer Hookup
      Features
      • First Floor Bedroom, Chefs Kitchen, Formal Dining, Galley Type Kitchen, Natural Woodwork, Pantry, Primary Bathroom, Master Downstairs, Walk-In Closet(s)
      • Flooring: Wood
      • Basement: Full,Unfinished
      • Attic: Crawl,Partial
      • Number of fireplaces: 2
      • Fireplace features: Living Room, Wood Burning
      Interior area
      • Total structure area: 3,100
      • Total interior livable area: 3,100 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached
      • Garage spaces: 2
      Lot
      • Size: 5 Acres
      Details
      • Parcel number: 242123B0004960
      • Special conditions: None
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence, Residential
      Materials
      • Cedar
      Condition
      • Year built: 1976

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Locust Valley

      Financial & listing details

      • Price per square foot: $932/sqft
      • Tax assessed value: $2,153,000
      • Annual tax amount: $36,743
      • Date on market: 5/7/2026
      • Cumulative days on market: 41 days
      • Listing agreement: Exclusive Right To Sell
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/6/2026Price change$2,888,000-2.1%$932/sqft
        Source: OneKey® MLS as distributed by MLS GRID #990843 Report a problem
        5/7/2026Listed for sale$2,950,000+96.7%$952/sqft
        Source: OneKey® MLS as distributed by MLS GRID #990843 Report a problem
        7/21/2022Sold$1,500,000$484/sqft
        Source: Public Record Report a problem
        3/4/2022Sold$1,500,000-25%$484/sqft
        Source: OneKey® MLS as distributed by MLS GRID #L3257277 Report a problem
        10/21/2021Pending sale$1,999,999$645/sqft
        Source: OneKey® MLS as distributed by MLS GRID #3257277 Report a problem
        4/29/2021Price change$1,999,999-13%$645/sqft
        Source: OneKey® MLS as distributed by MLS GRID #3257277 Report a problem
        3/14/2021Price change$2,300,000-8%$742/sqft
        Source: OneKey® MLS as distributed by MLS GRID #3257277 Report a problem
        10/1/2020Listed for sale$2,500,000-32.4%$806/sqft
        Source: Branch Real Estate Group LLC #3257277 Report a problem
        5/15/2020Listing removed$3,699,000$1,193/sqft
        Source: Owner Report a problem
        2/14/2020Listed for sale$3,699,000$1,193/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $2,153
        2023-- $2,153
        2022-- $2,153
        2021$40,463 +8.2%--
        2020$37,384 +13.5%$3,300
        2019$32,929 $3,300
        2018$32,929 +4%$3,300
        2017$31,656 +7.5%$3,300
        2016$29,452 +405.4%$3,300
        2015$5,828 +6.4%$3,300
        2013$5,478 -10.8%$3,300 -17%
        2012$6,143 -75.1%$3,978 -18.6%
        2011$24,640 +7.9%$4,888 -1.9%
        2010$22,826 $4,983 -5.1%
        2009-- $5,252 -13.2%
        2008-- $6,049 +6%
        2006-- $5,707 -31.6%
        2005-- $8,347 -45.1%
        2004-- $15,212
        2003-- $15,212 -42%
        2002-- $26,220
        2001-- $26,220
        2000-- $26,220

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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.

        Climate risks

        Neighborhood: Matinecock

        Getting around

        3 / 100
        Car-Dependent
        14 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ann Macarthur Primary School
        • Middle: Locust Valley Middle School
        • High: Locust Valley High School

        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.

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