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1250 Trumansburg Rd 30.11 Acres of Residential Land Offered at $992,727 CAD in Ithaca, NY 14850
Investment Highlights
- Prime Vacant Land - on Route 96 - minutes to town, hospital, ect.
- Proximity to Municipal Services
- Zoned Medium Density Residential
Executive Summary
Property Facts
| Price | $992,727 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 30.11 AC |
| Property Type | Land | ||
| Zoning | Medium Density Residentia - Medium Density Residential - rezoning may be possible | ||
| Price | $992,727 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Mixed Use |
| Total Lot Size | 30.11 AC |
| Zoning | Medium Density Residentia - Medium Density Residential - rezoning may be possible |
1 Lot Available
Lot
| Price | $992,727 CAD | Lot Size | 30.11 AC |
| Price Per AC | $32,970.00 CAD |
| Price | $992,727 CAD |
| Price Per AC | $32,970.00 CAD |
| Lot Size | 30.11 AC |
28.86 Acres of prime vacant land ready for development.
Description
This West Hill property offers a unique development opportunity with its two parcels on Trumansburg Road overlooking Cayuga Lake to the East. The first parcel is 1.2 acres and features a 2,536sqft 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 Road. 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!
Presented by
1250 Trumansburg Rd
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