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photo 0: 118 Park Lane, Ithaca Town NY 14850
photo 1 : 118 Park Lane, Ithaca Town NY 14850
photo 2 : 118 Park Lane, Ithaca Town NY 14850

Active Under Contract

118 Park Lane, Ithaca Town NY 14850

MLS# R1668544

$625,000

Price

6

Beds

5

Baths


4,525

Living Area (Sq.Ft.)

0.4

Lot Area (Acres)

Discover the perfect synergy of luxury living and financial intelligence in this expansive side-by-side duplex, perfectly situated in Ithaca’s premier Eastern Heights neighborhood. The primary residence welcomes you with a sun-drenched, open layout featuring four-plus bedrooms and four full baths, complemented by several versatile flex spaces tailored for a professional home office, creative studio, fitness area or in-law suite. Beyond the interior, a private deck and backyard offer serene views, while a convenient one-bay garage adds to the ease of daily living. By occupying the main home and leasing the spacious two-bedroom, one-bath unit—which boasts its own garage, private yard, and patio—you can effectively let your tenants subsidize your mortgage and taxes. <br> <br>This property serves as a gateway to the very best of Ithaca. A nearby paved path provides a direct route to Cornell University and East Hill Plaza for work, learning, groceries or a quick coffee run. For those who love the outdoors, Tudor Park’s trails and cross-country skiing paths are right at your doorstep, while the swimming and hiking trails of Mulholland Wildflower Preserve and the South Hill Rec Way are just minutes away. Whether you are heading to campus or the Commons, the short drive and nearby bus access make travel effortless. This home offers a quiet lifestyle without ever sacrificing the convenience of the city. Ask your agent for a list of improvements that include a new roof and boiler in 2026, as well as, multiple financing options.

Status

Active Under Contract

Property Type

Residential

Property Sub Type

SingleFamilyResidence

Year Built

1985

Parcel Number

503089-056-000-0003-013-003-0000

Unit Number

--

Lot Features

Corner Lot, Irregular Lot, Near Public Transit, Residential Lot

Building Area Source

SeeRemarks

Lot Size Dimensions

150X115

Community Features

TrailsPaths

Bath Rooms Full

5

Main Level Bathrooms

1

Property Condition

Resale

Elementary School

Caroline Elementary

Elementary School District

Ithaca

Middle Or Junior School

Dewitt Middle

Middle Or Junior School District

Ithaca

High School

Ithaca Senior High

High School District

Ithaca

Location

Listing Agent

Helen Ann Yunis

Listing Office

Howard Hanna S Tier Inc

Owner Name

--

Owner Phone

--

Possession

CloseOfEscrow

Special Listing Conditions

Standard

Listing Terms

Cash, Conventional

Listing Agreement

ExclusiveRightToSell

Listing Contract Date

2026-05-28

Fire Places Total

0

Interior Features

Ceiling Fans, Separate Formal Dining Room, Entrance Foyer, Guest Accommodations, Granite Counters, Kitchen Island, Sliding Glass Doors, Storage, Skylights, Natural Woodwork, Window Treatments, Bath In Primary Bedroom

Flooring

Ceramic Tile, Hardwood, Laminate, Tile, Varies

Laundry Features

Main Level, Upper Level

Cooling

true

Cooling Features

Ductless,WindowUnits,WallUnits

Heating

true

Heating Features

Ductless, Electric, Gas

Appliances

Built In Range, Built In Oven, Convection Oven, Dryer, Dishwasher, Electric Oven, Electric Range, Gas Cooktop, Gas Water Heater, Refrigerator, Washer

Electric

Circuit Breakers

Door Features

SlidingDoors

Window Features

Drapes,Skylights

Garage

true

Garage Spaces

2

Architectural Style

Two Story

Exterior Features

Blacktop Driveway, Deck, Fence, Gravel Driveway

Water Source

Connected, Public

Sewer

Connected

Roof

Architectural, Shingle

Other Structures

Sheds,Storage

Utilities

Electricity Available, High Speed Internet Available, Sewer Connected, Water Connected

Parking Features

Attached, Underground, Electricity, Garage, Garage Door Opener

Attached Garage

true

Foundation Details

Poured

Basement

Partially Finished, Walk Out Access

Construction Materials

Blown In Insulation, Block, Cedar, Concrete, Spray Foam Insulation, Wood Siding, Copper Plumbing, Pex Plumbing

Fencing

Partial

Patio And Porch Features

Deck

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