Centre Island property with 3 homes on 2 parcels gets a $3M price chop

A property on Centre Island that has three homes on two parcels has had its price cut to nearly $8.51 million, Newsday reported. The property with parcels at 404 Centre Island Road and 405 Centre Island Road listed for $12.5 million in August 2018, according to Zillow. That price gradually came down over the next few months, eventually settling to its current ask in May, per the property site. The current owner of the property, which Newsday did not identify, bought the parcels about three decades ago and combined them, the outlet reported. The combined 7.26-acre property has 653 feet of waterfront overlooking Oyster Bay and a 306-foot-long dock. The property’s main house was built in the 1950s and then renovated in 2010. The main house has six bedrooms, four bathrooms and two half-bathrooms. A guest house and a cottage also each have four bedrooms. The grounds also hold a pool, pool house, tennis court, putting green and two garages with room for a combined eight cars. Paul Mateyunas, Regina Rogers and Patricia Farnell of Douglas Elliman have the listing. Nearby, another waterfront Centre Island property at 207 Centre Island Road has hit the market at $6 million, Long Island Press reports. Vera Wiedenhaefer and Carol Cotton of Daniel Gale Sotheby’s International Realty have that listing in Centre Island, which is a 605-acre peninsula with more than four miles of coastline. [Newsday]