About This Single Family in Poughquag, NY
This 5 bedroom, 7 bathroom single family is located in Poughquag, NY. The property spans 11,500 square feet of living space. The property sold for $1,850,000, placing it in the luxury segment of the market.
Eddie Murphy's home. The actor owns this 205-acre property known as "Clove Hill". The 11,500 sq ft home has 5-beds, 7-baths, a lake, a pool, a pool house, a tennis court, a movie theater, a game arcade and a horse barn.
Sold in 2022 for $1,850,000
Real Estate in Poughquag, NY
New York features some of the highest property values in the country, particularly in Manhattan and the surrounding boroughs, where median prices regularly exceed $700,000 for condominiums and co-ops. Long Island's Nassau and Suffolk counties provide a range of suburban options, while the Hudson Valley and Catskills have seen dramatic price increases driven by New York City remote workers. Upstate New York — including Buffalo, Rochester, and Syracuse — offers significantly more affordable alternatives with their own distinct character and improving economic conditions.
What Determines Value in the Luxury Segment
In the luxury price range where this single family in Poughquag sits, buyers are typically weighing a specific set of trade-offs. Luxury buyers tend to place greater weight on privacy, unique architectural features, lot quality, and the prestige of the specific address within a neighborhood. Luxury markets can be more sensitive to broader economic conditions and tend to have longer average days on market than mid-range properties.
Properties like this single family in Poughquag are part of the Housle game database, where players compare real home prices from across America. Understanding what makes each home worth what it sold for — the location within its market, the specific features, the year it was built, and the condition at time of sale — is exactly the kind of knowledge that Housle builds through repeated exposure to real listings.
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