Share This Listing

Message

959 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Prime Vacant Land - on Route 96 - minutes to town, hospital, ect.
  • Proximity to Municipal Services
  • Zoned Medium Density Residential

Executive Summary

Minimum of 72 hours to respond to all offers. Buyer agent to verify municipal water / sewer hook up availability. Stormwater facility construction and maintenance agreement and map are in additional documents. Assessment reflects both properties.

Property Facts

Price $699,000
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 $699,000
Price Per AC $23,214.88
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!

Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
  • Listing ID: 41189524

  • Date on Market: 7/7/2026

  • Last Updated:

  • Address: 1250 Trumansburg Rd, Ithaca, NY 14850

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}