Rare opportunity with two homes on one lot! The main residence is a beautifully renovated 1865 home featuring 4–5 bedrooms, 3 full bathrooms, a formal living room, eat-in kitchen, and convenient first-floor laundry. Recent upgrades throughout complement its historic charm. A large 4-car detached garage with electric provides excellent storage or workshop space. The second home is a single wide mobile home that offers 3 bedrooms, 2 baths, and currently rents for $1,300/month plus separate utilities—perfect for generating steady income. Both homes share a 9-year-old septic system and are situated on 1.99 acres with many recent improvements, making this a versatile property for extended family living or investment.
Single-familyProperty Type
1865Year Built
1.99 acresLot Size
$131Price/Sq.Ft.
4 car garageParking
Listing by Kristopher Buchan• Tompkins Cortland Real Estate
•607-898-3456 (broker)
•kris@tompkinscortlandrealestate.com (broker)
Contact: 607.898.3456
Bought with Kyle Gebhart• Warren Real Estate of Ithaca Inc. (Downtown)
Est. $3,382 per month, based on comparable rentals
Sale and tax history for 427 Sheldon Rd
Sale History
Tax History
Date
Event
Price
CNYIS #S1638508
May 9, 2026
Sold
$245,000
$131/sq ft
Apr 13, 2026
Pending
—
Jan 12, 2026
Price Changed
$265,000
$142/sq ft
Nov 26, 2025
Price Changed
$275,000
$147/sq ft
Nov 14, 2025
Relisted
—
Oct 9, 2025
Price Changed
$295,000
$158/sq ft
Sep 16, 2025
Listed
$324,900
$174/sq ft
CNYIS #1
Jan 12, 2026
Price Changed
$265,000
$142/sq ft
Nov 26, 2025
Price Changed
$275,000
$147/sq ft
Oct 5, 2025
Price Changed
$295,000
$158/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Single Family Residential
County
Tompkins County
APN
502489-032-000-0001-010-000-0000
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Sep 16, 2025.
RR
Rural Residential District
The purpose of the Rural Residential (RR) District is to define an area of the Town where residential uses situated in a rural landscape constitute the primary land use. Public water and sewer does not exist in this area. Single- and two-family homes are the predominant form of development. Agriculture is also expected to be a substantial land use well into the future.
Property details
Parking
Garage/Carport Information
Has Garage
# of Garage Spaces: 4
Parking
Features: Detached, Garage, Driveway, Garage Door Opener
Interior
Virtual Tour
Bedroom Information
# of Main Level Bedrooms: 1
Bathroom Information
# of Full Bathrooms: 3
# of Main Level Bathrooms: 1
Room Information
# of Rooms (Total): 10
Room Types: Bedroom, Laundry, Living Room, Storage Room