This beautifully maintained and fully furnished 3-bedroom home offers the perfect blend of comfort, space, and walkable convenience. Flooded with natural light, the home features a large eat-in kitchen with new appliances, including a dishwasher, along with a washer and dryer for added everyday ease. A recently renovated bathroom and thoughtful updates throughout make the home truly move-in ready. Step outside to enjoy a large private backyard with a fenced garden area, back porch, and dedicated grill space--perfect for relaxing, gardening, or entertaining. Private off-street parking for up to three cars is included, a rare and valuable feature this close to downtown. Located just a short walk or bike ride to the Ithaca Commons, shopping, dining, and on a convenient bus route, this home offers easy access to everything Ithaca has to offer while still providing a quiet, residential feel. Lease details: Available August 1, 2026 - July 31, 2027 only No option to extend (owner is overseas and returning at end of lease) Tenant pays all utilities Professional property management company on call for any issues Lawn care can be provided or negotiated into the lease at a discounted rate A rare opportunity to enjoy a spacious, well-appointed home in a prime Ithaca location--ideal for professionals, visiting faculty, or anyone seeking a high-quality one-year rental.
Amenities
In-unit amenities
These amenities may not be available for every unit
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Internet
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Property details
Interior
Basement Information
Basement Type: Full
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Heating Fuel Type: Oil
Heating Type: Hot Water Steam
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: Ranch
Exterior Wall: Aluminum/Vinyl
Property Information
Living Sq. Ft: 1,040
Ground Floor Sq. Ft: 1,040
# of Stories: 1
Lot Information
# of Buildings: 1
Land Sq. Ft: 11,640
Legal Lot Number: 14
Legal Block Number: 2
Municipality Name: ITHACA
Acres: 0.2672
Depth Footage: 194
Front Footage: 60
Zoning Code: R-2A
State Use Description: SINGLE FAMILY RESID
Utility Information
Sewer Type: Commercial
Water Service Type: Commercial
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,040
Stories: 1.0
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: 1967
Year Renovated: —
County: Tompkins County
APN: 500700A12200000020140030000
Home facts updated by county records on Aug 10, 2026
Sale and tax history for 518 Spencer Rd
Sale History
Tax History
Date
Event
Price
TENANTCLOUD #1
Aug 10, 2026
Rental Removed
$1,900
$2/sq ft
Jun 27, 2026
Listed for Rent
$1,900
$2/sq ft
Jun 17, 2026
Rental Removed
$1,900
$2/sq ft
May 30, 2026
Price Changed
$1,900
$2/sq ft
May 17, 2026
Price Changed
$2,100
$2/sq ft
May 16, 2026
Listed for Rent
$2,190
$2/sq ft
Mar 15, 2026
Rental Removed
$2,400
$2/sq ft
Feb 13, 2026
Listed for Rent
$2,400
$2/sq ft
IBRMLS #IB303771
Feb 25, 2016
Sold
$155,000
$149/sq ft
Oct 5, 2015
Listed
$158,000
$152/sq ft
+22
Well Maintained and Solid, 3 bedroom, 1 Renovated Bathroom Ranch style home located in walking distant to Downtown and Buttermilk State Park. Large Eat in Kitchen with door leading to back Deck over looking deep City Lot with established fenced garden, asparagus!!!! Spacious living room with wood stove. Home has nice hardwood floors throughout, bathroom has cork flooring. Full walkout basement with workshop space and open laundry area.
IBRMLS #90783
Jul 20, 1999
Sold
$70,000
$67/sq ft
Apr 6, 1999
Listed
$75,000
$72/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$4,392
$57,000 + $158,000
$215,000
2025
$4,392 (+2.3%)
$57,000 + $158,000
$215,000
2024
$4,295 (−4.0%)
$57,000 + $158,000
$215,000
2023
$4,474 (−31.6%)
$57,000 + $147,000
$204,000
2022
$6,537 (+7.8%)
$57,000 + $128,000
$185,000
2021
$6,067 (+53.7%)
$57,000 + $113,000
$170,000
2020
$3,947 (+4.8%)
$57,000 + $113,000
$170,000
2019
$3,765 (−1.0%)
$57,000 + $103,000
$160,000
2018
$3,805 (+3.8%)
$57,000 + $103,000
$160,000
2017
$3,666 (−0.9%)
$57,000 + $103,000
$160,000
2016
$3,700 (+73.5%)
$15,000 + $135,000
$150,000
2015
$2,132 (−40.3%)
$15,000 + $135,000
$150,000
2014
$3,569
$15,000 + $90,000
$105,000
Around this home
Schools
Places
Transit
9/10
South Hill School
Public, PreK-5 • Assigned • 1.0mi
9/10
Ithaca Senior High School
Public, 9-12 • Assigned • 2.1mi
Provided by GreatSchools
About Spencer
Road
Spencer Road, located between Cayuga Heights Road and Triphammer Road, is a residential and hillside Ithaca neighborhood with wooded slopes and winding lanes. The neighborhood’s character concentrates around the Triphammer Road corridor near Community Corners, where a compact cluster of local shops and everyday errands sets a steady, lived-in rhythm. Community Corners anchors the area with Ithaca Bakery, the Cayuga Chamber Orchestra, and the historic Community School of Music and Arts. Homes lean toward mid-century and late-20th-century builds, often set back behind mature trees. Side streets feel quiet, while nearby trails and parks shape an outdoors-forward routine. The terrain brings pockets of long views and a tucked-away feel without losing connection to town.
Provided by Walk Score and Local Logic
Public facts and zoning for 518 Spencer Rd
Beds
3
Baths
1
Sq. Ft.
1,040
Stories
1
Lot Size
0.27 Acres
Style
Single Family Residential
Year Built
1967
Year Renovated
—
County
Tompkins County
APN
500700A12200000020140030000
Home facts updated by county records on Aug 10, 2026.
Additional resources
Zoning
Working on getting current and accurate zoning information for this home.Learn more
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
8 days above 93° expected this year, 18 days in 30 years
1/10 Wind Factor
0% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Thinking of selling?
Estimated sale price
$271,000 – $328,000
Sell confidently with a local market expert in Ithaca.
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In-unit amenities
These amenities may not be available for every unit