Old Westbury Land for Sale: Your Next New Construction Opportunity

Looking for a rare investment or a custom estate site in one of Long Island’s most prestigious areas? This Old Westbury land for sale at 9 Terrace Court offers an unmatched opportunity to build a luxury residence exactly to your taste — with approved plans, a generous lot, and an unbeatable location.

A Prime Lot in a Coveted Location

Situated in the heart of Old Westbury, NY 11568, this stunning parcel spans 2 acres on Terrace Court, one of the area’s most desirable enclaves. With its flat, cleared terrain, it’s perfectly suited for new construction — whether you’re a developer or a buyer building your dream estate from the ground up.

Permit‑Ready With Approved Plans

What makes this Old Westbury land for sale stand out is that it comes with approved plans and is permit‑ready. The current plans envision a 7,200 sq ft custom home — a residence that can easily rival some of Old Westbury’s most spectacular estates.

Local comparables underscore the potential value here: nearby custom homes of similar scale are valued well into the high‑end market, showing how lucrative this site can be for the right buyer.

Build a Luxury Home With High ROI Potential

Whether you’re an experienced builder or a homeowner envisioning your forever home, this land represents significant upside:

• Estimated construction costs: $3.4M–$3.6M (based on current plans)

• Potential finished value: $8.5M–$9M+ depending on finishes and final buildout

That’s a compelling return opportunity in a market where high‑end homes often hold top dollar.

Lifestyle Benefits of Old Westbury Living

Owning Old Westbury land means more than a place to build — it means joining one of Long Island’s most sought‑after communities:

• Prestigious address: Known for elegant estates and manicured properties.

• Top‑rated schools: Access to excellent school districts adds long‑term appeal.

• Country clubs and recreation: Minutes from private clubs, parks, and open spaces.

• Convenient commuting: Easy access to major transportation routes for city access.

This combination of lifestyle and investment potential makes this parcel especially attractive to both builders and future homeowners.

Why This Opportunity Matters Now

Land of this caliber rarely stays on the market long — especially in Old Westbury, where available lots with approved build plans are few and far between. Whether you’re looking to develop a high‑end custom home for resale or build your family’s next legacy property, this Old Westbury land for sale should be on your radar.

If you're looking to buy on Long Island, but not sure where, check out our blog post: North Shore vs. South Shore: Where Should You Buy Long Island New Construction?

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