Active Under Contract
118 Park Lane, Ithaca Town NY 14850
MLS# R1679818
$625,000
Price
7
Beds
5
Baths
4,525
Living Area (Sq.Ft.)
0.4
Lot Area (Acres)
$625,000
Price
7
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
MultiFamily
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
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
Owner Pays
Other, See Remarks
Rent Includes
Other, See Remarks
Fire Places Total
0
Interior Features
Ceiling Fans, Entrance Foyer, Sliding Glass Doors, Skylights, Natural Woodwork, Window Treatments
Flooring
Ceramic Tile, Hardwood, Laminate, Tile, Varies
Cooling
true
Cooling Features
Ductless,WindowUnits,WallUnits
Heating
true
Heating Features
Ductless, Electric, Gas
Appliances
Gas Water Heater
Electric
Circuit Breakers
Door Features
SlidingDoors
Window Features
Drapes,Skylights
Garage
true
Garage Spaces
2
Exterior Features
Deck, Fence
Water Source
Connected, Public
Sewer
Connected
Roof
Architectural, Shingle
Utilities
Electricity Available, High Speed Internet Available, Sewer Connected, Water Connected
Parking Features
Garage, Gravel, Paved, Garage Door Opener
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
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Listed By
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.