118 Park Lane, Ithaca, NY 14850

Ithaca
Local realty services provided by:HUNT Real Estate ERA
118 Park Lane,Ithaca, NY 14850
$625,000
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  • 7 Beds
  • 5 Baths
  • 4,525 sq. ft.
  • Multi-family
  • Active
Listed by: helen ann yunis
Office: howard hanna s tier inc
MLS#:R1679818
Source:NY_GENRIS

Price summary

  • Price:$625,000
  • Price per sq. ft.:$138.12

About this home

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. 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...

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Home facts

  • Year built:1985
  • Listing ID #:R1679818
  • Added:34 day(s) ago
  • Updated:July 01, 2026 at 03:10 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:5
  • Full bathrooms:5
  • Flooring:Ceramic Tile, Hardwood, Laminate, Tile, Varies
  • Basement:Yes
  • Basement Description:Partially Finished, Walk Out Access
  • Living area:4,525 sq. ft.

Heating and cooling

  • Cooling:Wall Units, Window Units
  • Heating:Electric, Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1985
  • Building area:4,525 sq. ft.
  • Lot area:0.4 Acres
  • Lot Features:Corner Lot, Irregular Lot, Near Public Transit, Residential Lot
  • Construction Materials:Block, Cedar, Concrete, Copper Plumbing, Wood Siding
  • Exterior Features:Deck, Fence
  • Foundation Description:Poured

Schools

  • High school:Ithaca Senior High
  • Middle school:Dewitt Middle
  • Elementary school:Caroline Elementary

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$625,000
  • Price per sq. ft.:$138.12
  • Tax amount:$16,132

Features and amenities

  • Amenities:Deck, Drapes, Fence, Skylights

Parking

  • Parking description:Garage, Garage Door Opener, Gravel Driveway, Paved
  • Garage:Yes
  • Garage spaces:2

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