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1250 Trumansburg Road, Ithaca-Town, NY 14850

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For Sale

$950,000

5 beds • 1 baths • 2,536 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • $374.61
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

This West Hill property offers a unique development opportunity with its two parcels on Trumansburg Rd., overlooking Cayuga Lake to the east. The first parcel is 1.2 acres and features a 2,536 sq. ft. single-family home connected to municipal services, selling "as-is." The second parcel is 28.86 acres of prime vacant land ready for development. Identified by the Town of Ithaca's New Neighborhood code (Chapter 272), this site presents an exciting opportunity for a mix of housing and is well-suited for development with the support of the Town of Ithaca. Both parcels are zoned as Medium Density Residential, consistent with surrounding properties on the west side of Trumansburg Rd. The adjacent lot, sold to a local developer in 2016, and two lots across West Hill Drive were approved for Multiple Residence zoning prior to development. Given the property's inclusion in Ithaca's Comprehensive Plan, rezoning these parcels may be possible. With proximity to municipal services, a location on a bus line, and being across from Cayuga Medical Center, this is a prime location for development. Don't miss out on this exciting opportunity!
MLS# R1558704

Courtesy Of Warren Real Estate

(607) 257-0666

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Cable Ready
  • Architecture Style
    Other
  • Lot Size
    30.11 Acres

Map and Directions

Directions to 1250 Trumansburg Road, Ithaca-Town, NY 14850

Home seller CENTURY 21 North East

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CENTURY 21 North East

(800) 844-7653
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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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