Act now to secure your upcoming Winter project! Solid value-add opportunity for those seeking sweat equity gains in the City of Ithaca. Situated on a quiet Downtown side street, 528 Spencer Rd. has immediate access to Route 13's main shopping corridor and is right near public transit/walkable to the City's core. Deep parcel with off street parking and paved driveway. Existing structure caters to eventual owner occupancy or single family rental. Or, explore demolition and alternate designs/land uses. Excellent opportunity for those bullish on Ithaca NY and looking for an obtainable entry point. Priced accordingly for scope of required repairs and reinvestment. Property conveys in AS-IS condition.
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
Market insights
528 Spencer Rd · $78,500
DAYS ON MARKET
1 days
The average home goes pending in 57 days.
SALE-TO-LIST
98.4%
Most homes are selling 2% below list price.
LIST PRICE
$78,500
Median sale price in this area is $406,083. (417% higher than this home)
PRICE DROP
0 price drops
20% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Bathroom
Bedroom
Living
Interior features
Other interior features (see remarks)
Water heater
Partial basement
Has basement
Bedrooms
3 main-level bedrooms
Bathrooms
1 full bathroom
1 half bathroom
2 main-level bathrooms
Flooring
Hardwood flooring
Laminate flooring
Vinyl flooring
Varied flooring
Heating & cooling
Has heating (see remarks)
Has cooling (other)
Exterior features
Near public transit
Rectangular lot
City street frontage
Public maintained road
Home design
Single-family residence
One level / 1-story
Parking
No garage
Shared driveway
Asphalt driveway
Construction
Frame construction with wood siding
Asphalt roof
Built on a partial basement
Utilities
Public water
Sewer: other
Electricity connected with circuit breakers
Water available
Electricity and solar
View estimated energy costs and solar savings for this home