1250 Trumansburg Road

Active

Ithaca - Town NY, 14850

$950,000

$0.72 per sqft

Active

5 Beds

1 Bath

30.11 Acres

Land

Built in 1880

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!

R1558704

MLSⓇ ID

August 13, 2024

Listed

November 26, 2024

Updated

Map

1250 Trumansburg Road
Ithaca - Town NY, 14850

Exterior/Building Features

Lot Size: 30.11 Acres
Lot Features: Irregular Lot, Residential Lot, Wooded, Gentle Sloping
Sewer: Other, See Remarks, Storm Sewer

School Information

School District: Ithaca
High School: Ithaca Senior High
Elementary School: Enfield

Other Property Details

Area Name: Ithaca-Town-503089
Days on Market: 105
Garage: No
Parking: No Driveway
View: No
County: Tompkins
Municipality: Not Applicable
Pool: No

Courtesy of Warren Real Estate of Ithaca Inc., Kathleen (Kate) Seaman

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Data last updated 5:43 PM UTC, 11/26/2024