Lake Success, New York

Location:
Lake Success, NY

Welcome to Lake Success

Incorporated in December 1927 within the Town of North Hempstead on Long Island's North Shore, Lake Success, New York carries a distinction that no neighboring village can claim: from 1946 to 1951, it served as the temporary headquarters of the United Nations, hosting Security Council meetings and the early drafting work behind the Universal Declaration of Human Rights. That chapter of global history unfolded in a repurposed industrial building on Marcus Avenue — a remarkable backdrop for what is today one of Nassau County's most quietly prestigious residential addresses.

With just under 2,800 residents spread across fewer than two square miles, Lake Success maintains a density and intimacy that larger Great Neck communities simply cannot replicate. Median home prices approach $1.5 million, reflecting both the quality of the housing stock and the caliber of the neighborhood. Families are drawn in particular by the Great Neck Union Free School District, which serves the village and carries a strong academic reputation across Long Island. The Lake Success Golf Club anchors the recreational life of the community, while proximity to the Long Island Expressway and nearby rail connections keep Midtown Manhattan well within reach.

For those exploring lake success ny houses for sale or evaluating homes for sale in lake success ny, this is a village where history, exclusivity, and convenience converge — and where that combination shows no sign of diminishing.

Community Profile

Tucked into Nassau County on Long Island's North Shore, this small, exclusive village of just 2,829 residents consistently ranks among the most affluent communities in the entire New York metropolitan area. The median household income here reaches a remarkable $244,079 — more than three times the national median — and an extraordinary 86.8% of households earn six figures or more, reflecting a concentration of professional achievement that is rare even by New York standards. That prosperity is anchored in deep educational attainment: 66.7% of residents hold at least a bachelor's degree, 41.3% have earned a graduate or professional degree, and a striking 49.4% hold STEM credentials, pointing to a community shaped by medicine, finance, engineering, and technology.

Stability and commitment to place define the social fabric here. The homeownership rate of 93.2% — far above the national average of 65.5% — signals that people who arrive in Lake Success tend to stay, and a 68% marriage rate alongside an average family size of 3.6 underscores its identity as a community built around family life. The median age of 46.6 years reflects a mature, established population, with nearly 20% of residents in their teen years suggesting a healthy pipeline of younger families as well. The poverty rate stands at just 4.4% and the uninsured rate at a low 3.3%, indicators of a community where financial security is broadly shared. For those exploring homes for sale in Lake Success, NY, the median home value of $1,574,038 reflects both the prestige of the address and the enduring demand for one of Long Island's most coveted ZIP codes.

Things to Do

Outdoor Recreation

At the heart of village life is the Lake Success Golf Club, a private facility that serves as a social anchor for residents and offers a beautifully maintained course set against the natural backdrop of the kettle lake that gives the village its name. The lake itself — whose Algonquian name "sacut" meant "outlet of a pond" — remains a defining geographic feature, lending the community a serene, almost pastoral quality that feels worlds away from the bustle of nearby New York City. The surrounding open spaces and tree-lined residential streets are ideal for walking, cycling, and simply enjoying the unhurried pace of North Shore living.

Nearby Attractions & Day Trips

Lake Success sits within the broader Great Neck area of Nassau County, putting residents within easy reach of Long Island Sound's waterfront parks and the cultural amenities of Great Neck village center. Manhattan is accessible in under an hour via the Long Island Rail Road, making world-class dining, theater, and museums a straightforward excursion. Jones Beach State Park and the North Shore's many nature preserves are also within comfortable driving distance for weekend outings.

History & Culture

Few suburbs anywhere can claim a history as remarkable as Lake Success. From 1946 to 1951, the village served as the temporary headquarters of the United Nations, hosted in the former Sperry Gyroscope Company building on Marcus Avenue. Security Council meetings, early drafting work related to the Universal Declaration of Human Rights, and visits from luminaries including Eleanor Roosevelt all took place here. That legacy gives the village a quiet but genuine sense of global significance — a conversation starter for anyone curious about the history behind the neighborhood they call home.

Dining & Shopping

Lake Success is intentionally low on commercial development — a deliberate choice rooted in zoning priorities that have preserved its residential character since incorporation in 1927. For dining and shopping, residents typically head to the vibrant retail corridors of Great Neck, which offer a wide range of restaurants, boutiques, and specialty shops just minutes away. Those drawn to homes for sale in Lake Success, NY often appreciate this balance: the tranquility of a private enclave paired with the full convenience of a well-served suburban community just outside the village limits.

Latest Properties in Lake Success

Loading...

Loading latest properties...

See All Properties in Lake Success

History

From Algonquian Shores to an Affluent Nassau County Village

The land that became Lake Success has been shaped by a remarkable sequence of history. The central kettle lake at the village's heart takes its name from the Algonquian word sacut, meaning "outlet of a pond," a designation that European settlers gradually corrupted into "Success" over the colonial era. By the late 17th century, the surrounding land was associated with Thomas Dongan, Royal Governor of New York Province, who held a large tract there by 1683, and the Hewlett family — English Quaker settlers — maintained agricultural holdings in the area until selling portions as late as 1910.

More concentrated settlement emerged around 1783, and the community was known as Lakeville until the 1890s, when "Lake Success" began appearing in property deeds and maps. The village was formally incorporated in December 1927, driven largely by residents' desire to enact restrictive zoning that would protect property values and preserve the area's low-density residential character — a regulatory instinct that continues to define the village today.

Lake Success's most dramatic chapter came between 1946 and 1951, when a repurposed Sperry Gyroscope Company building on Marcus Avenue served as the temporary headquarters of the United Nations. Security Council meetings, early drafting work connected to the Universal Declaration of Human Rights, and visits from figures including Eleanor Roosevelt all took place here before the UN relocated to its permanent Manhattan campus.

After the UN's departure, Sperry resumed operations and postwar suburbanization took hold, pushing the population from just 203 in 1940 to over 1,200 by 1950. The village's deliberate zoning controls ensured that growth translated into consolidated, affluent residential development rather than sprawl — the same quiet, tree-lined streets that make lake success ny houses for sale so sought-after today. That legacy of careful stewardship is reflected in a current median home price of $1,480,000 and a community that has never lost sight of the character its founders worked to protect.

Weather

Four Seasons in Lake Success, NY

Lake Success experiences a humid subtropical climate — technically straddling the boundary with humid continental — shaped by its position on Long Island's North Shore in Nassau County. The village sits close enough to Long Island Sound and the broader Atlantic coast that maritime air moderates temperature extremes in both directions, making the climate somewhat milder than inland areas at the same latitude.

Summers are warm and humid, with daytime highs typically ranging from the mid-80s to near 90°F, while overnight lows settle in the upper 60s. Winters are cold but not severe by northeastern standards, with average highs in the mid-30s to low 40s°F and lows that frequently dip into the 20s. Snowfall is a reliable winter feature, though coastal proximity tends to moderate accumulations compared to areas farther inland or to the north.

Precipitation is fairly well distributed throughout the year, averaging roughly 45 to 50 inches annually, with no pronounced dry season. Nor'easters can bring significant snow or rain in late winter and early spring, and late-summer tropical systems occasionally deliver heavy rainfall.

For those exploring homes for sale in Lake Success, NY, the climate carries practical implications. The humid summers make central air conditioning essentially standard in the village's upscale housing stock, while cold winters mean meaningful heating costs and seasonal maintenance — roof inspections, gutter clearing, and landscaping prep — are routine considerations. On the upside, the temperate shoulder seasons make outdoor living genuinely enjoyable for a good portion of the year.

Lake Success Market Analytics

The Lake Success housing market is showing signs of strength, with the average home value increasing by 14.4% over the past year to $1,801,503, indicating a high demand for homes in the area. As a real estate expert at Opulist, I can tell you that this growth suggests the market is still favoring sellers, but with only 11 homes for sale and 3 new listings, buyers may have some negotiating power. Overall, the market is balanced and presents opportunities for both buyers and sellers to make a move.


1-Year Home Value Change: +14.4%

Lake Success Home Value Index over time.

Can I Afford Lake Success?
$
%
$0
Est. Monthly Payment
$0/yr
Salary Required

*Principal & interest only. Salary based on 28% debt-to-income ratio.

Get Pre-Approved for Lake Success