by RH Advisors

See Home Value
Babylon 11702 Babylon
165 Peninsula Drive
$2,800,000
● House - Off Market

165 Peninsula Drive

Babylon, NY 11702
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
5,000 Ft²
$20,070
Est. Monthly

About This Property

Welcome to an exceptional waterfront retreat,  ideally situated along Babylon's largest natural waterway, Carll's River. Thoughtfully reconstructed in 2003 with steel beam construction, this home seamlessly blends timeless craftsmanship with luxurious modern amenities.

A grand two-story foyer with an elegant bridle staircase and exquisite raised-panel woodwork sets the tone for the home's refined design. The entry features striking ceramic tile with an imported mosaic medallion, transitioning into oak floors with a herringbone inset and walnut border for added sophistication. The home offers multiple bedrooms, several boasting private balconies with serene views of the river.  Babylon village taxes are include in Taxes.

At the heart of the residence is a beautifully appointed chef's kitchen complete with a center island seating and dining area plus  a well-equipped butler's pantry-with prep sink and additional wine refrigerator-opens to the formal dining room, where a gas fireplace adds warmth and charm. The inviting living room offers classic oak floors and a wood-burning fireplace, perfect for cozy evenings at home. Step outside to your private waterfront retreat, x zone location,  offering 140 feet of sandy beach, a 22' x 40' boat slip, a pier with floating dock, and stunning views over the Carll's River.

The resort-style backyard features an inground heated solar pool, pergola, jacuzzi, built-in barbecue, and gas fire pit, creating an ideal setting for both entertaining and quiet relaxation. This remarkable property delivers luxurious living, breathtaking water views, and every amenity for an unparalleled coastal lifestyle
Unit Size
5,000 Ft²
Days on Market
278 days
Land Size
0.70 acres
Price per sqft
$659
Property Type
House
Property Taxes
$3,890
HOA Dues
-
Year Built
1954

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Last updated: 24 days ago (OneKey MLS #KEY938047)

Price History

Date / Event Date Event Price
Aug 31, 2026 Sold
Sold
Jun 9, 2026 In contract -
In contract
May 23, 2026 Price Decreased $3,295,000
↓ $200K (5.7%)
Price Decreased
Nov 21, 2025 Listed by Netter Real Estate Inc $3,495,000
Listed by Netter Real Estate Inc
Sep 3, 1997 Sold
Sold
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Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,400
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,520
  • Total Building Area: 4,642
  • Building Area: 4,642
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000697
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FILED MAP 1632 LOTS 77 & 78

Neighborhood

  • School District Name: Babylon Union Free School District
  • School Tax School District: BABYLON
  • Census Tract: 124602

Geography

  • Account Number: 20230407270
  • District: 0102-0
  • Section: 15.00
  • Parcel: 0102-015.00-03.00-024.000
  • Block: 3
  • Lot: 24.000
  • Municipality: BABYLON
  • Latitude: 40.6885
  • Longitude: -73.3289

    Address

  • Full Address: 165 Peninsula Dr
  • Address - House Number: 165
  • Address - Street Name: Peninsula
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Babylon
  • Carrier Code: C004
  • 4-Digit Zip Code: 3337
  • Zip Code: 11702

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,216,146
  • Tax Rate Code Area: 472001

    Appraisal Valuation

  • Standard Deviation: 0.2393
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 1,656,502
  • High Value: 2,052,955
  • Low Value: 1,260,049

    Market Valuation

  • Market Total Value: $664,245
  • Market Land Value: $148,603
  • Market Improvement Value: $515,642

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,890
  • Assessed Land Value: $2,660
  • Assessed Improvements Value: $9,230

    Sales

  • Current Sale Contract Date: Aug 22, 1997
  • Current Sale Recording Date: Sep 03, 1997
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 31, 1995
  • Previous Sale Contract Date: Jan 18, 1995
  • Previous Sale Amount: $9,500,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Babylon


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Nearby Rentals

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Unit for rent at 180 Deer Park Avenue, Babylon, NY, 11702

$3,300 /mo

  • 1 Bed
  • 1 Bath
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180 Deer Park Avenue #301, Babylon, NY, 11702 Listing by Loraine Burke CBR
Unit for rent at 11 Park Avenue, Babylon, NY, 11702

$3,100 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
11 Park Avenue #2A, Babylon, NY, 11702 Listing by Kenneth Hirsch


Frequently Asked Questions

When was property at 165 Peninsula Drive built and last sold?
The property at 165 Peninsula Drive was built in 1954 and last sold on Aug 22, 1997 for $700,000.
How much is this home worth?
The estimated value of the home located at 165 Peninsula Drive is $3,289,477.
What are some comparable homes to 165 Peninsula Drive?
There are currently no comparable homes to 165 Peninsula Drive.