Nestled in a magical Finger Lakes setting just minutes from Ithaca, Cornell University, and Cayuga Lake, this one-of-a-kind property offers a rare blend of natural beauty, historic charm, and modern comfort. At its heart is a private 14-foot waterfall and nearly 500 feet of frontage on the cascading Gulf Creek, which winds through a secluded gorge filled with mature trees, lush vegetation, and the soothing sound of rushing water. The scenery transforms beautifully with the seasons, from vibrant fall foliage to quiet winter landscapes, fresh spring blooms, and shaded summer greens. Overlooking the gorge is a charming and spacious home that invites you to enjoy the views from every angle—whether from a wall of windows, stone patios, or walkways winding through the 2.5-acre property. Originally built in 1860, expanded in the 1970s, and thoughtfully renovated in the early 2000s, the home sits on the site of an early mill, with its original foundation now part of the extensive landscaping. Inside, the bright kitchen features a large center island with breakfast bar, maple cabinetry, pantry, and generous counter space, flowing into a sprawling dining or family room with serene views of the gorge. The living room exudes warmth with wide plank floors, exposed beams, a rustic stone fireplace, and natural wood finishes. The main floor offers both open space for entertaining and cozy corners for quiet moments, along with a convenient half bath. Upstairs are a vaulted guest room, an office or creative space, and a full bath. The walkout lower level includes two well-sized bedrooms, another full bath, storage, and access to a private stone patio with hot tub—perfect for stargazing or relaxing to the sounds of the water. Outdoors, enjoy mature landscaping, open lawns, patios, stone walls, and paths down to the creek. A two-car garage includes a rear workshop with under-storage, plus a 19' x 17' Adirondack-style studio with tongue-and-groove finishes, vaulted ceilings, heat, power, and a cedar closet—ideal as a home office, studio, or personal retreat. A rare offering that combines privacy, character, and convenience. Next to TCAT bus stop.
Single-familyProperty Type
1860Year Built
2.52 acresLot Size
$215Est. Price/Sq.Ft.
2 car garageParking
Listing by Steven Saggese• Warren Real Estate of Ithaca Inc. (Downtown)
Contact: 607-280-4350
Bought with Jordan Jacobsen• Warren Real Estate of Ithaca Inc.
Listing by Berkshire Hathaway HomeServices Heritage Realty, (607) 428-0708
See all
Provided by Redfin
Sale history for 163 Asbury Rd
Date
Event
Price
IBRMLS #R1624251
Oct 3, 2025
Sold
$460,000
$214/sq ft
Jul 27, 2025
Contingent
—
Jul 23, 2025
Listed
$450,000
$209/sq ft
Public Records
Nov 21, 2000
Sold
$85,000
$40/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$8,805
$44,600 + $285,400
$330,000
2025
$8,805 (+4.4%)
$44,600 + $285,400
$330,000
2024
$8,437 (+31.3%)
$44,600 + $285,400
$330,000
2023
$6,424 (+16.0%)
$44,600 + $181,400
$226,000
2022
$5,539 (−8.3%)
$44,600 + $160,400
$205,000
2021
$6,038 (+17.4%)
$44,600 + $150,400
$195,000
2020
$5,143 (+0.5%)
$44,600 + $140,400
$185,000
2019
$5,118 (−40.8%)
$44,600 + $140,400
$185,000
2018
$8,644 (+81.6%)
$44,600 + $140,400
$185,000
2017
$4,759 (+0.5%)
$44,600 + $140,400
$185,000
2016
$4,737 (+175.6%)
$39,600 + $133,400
$173,000
2015
$1,719 (−50.2%)
$39,600 + $133,400
$173,000
2014
$3,451
$39,600 + $125,400
$165,000
Tax history for 163 Asbury Rd
Year
Property tax
Land + Additions
Assessment*
2026
$8,805
$44,600 + $285,400
$330,000
2025
$8,805 (+4.4%)
$44,600 + $285,400
$330,000
2024
$8,437 (+31.3%)
$44,600 + $285,400
$330,000
2023
$6,424 (+16.0%)
$44,600 + $181,400
$226,000
2022
$5,539 (−8.3%)
$44,600 + $160,400
$205,000
2021
$6,038 (+17.4%)
$44,600 + $150,400
$195,000
2020
$5,143 (+0.5%)
$44,600 + $140,400
$185,000
2019
$5,118 (−40.8%)
$44,600 + $140,400
$185,000
2018
$8,644 (+81.6%)
$44,600 + $140,400
$185,000
2017
$4,759 (+0.5%)
$44,600 + $140,400
$185,000
2016
$4,737 (+175.6%)
$39,600 + $133,400
$173,000
2015
$1,719 (−50.2%)
$39,600 + $133,400
$173,000
2014
$3,451
$39,600 + $125,400
$165,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
1.5
Stories
1.5
Lot width
—
Lot depth
—
Lot size
2.52 Acres
Year renovated
—
Sq. Ft.
2,151
Year built
1860
Style
Single Family Residential
County
Tompkins County
APN
503289A03700100040140000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
R1
Residential Low Density District
The intent of the R1 District is to designate areas where agriculture has been an historic use of land, but which areas are now primarily residential. Such areas often face environmental limitations and potential water supply and sewage disposal problems that restrict the extent of development. Regulations and standards in the R1 District are intended to limit density and, based on soil conditions and land accessibility, reduce the number of uses that are considered suitable.
Property details
Parking
Parking/Garage Information
Has Garage
# of Garage Spaces: 2
Parking Features: Detached, Garage, Storage, Workshop in Garage, Driveway, Garage Door Opener, Asphalt
Interior Features: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Pantry, Storage, Natural Woodwork
Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Freezer, Gas Water Heater, Microwave, Refrigerator, Washer
Flooring: Carpet, Hardwood, Laminate, Varies
Has Fireplace
# of Fireplaces: 1
Room Information
# of Rooms Total: 10
Laundry Features: Laundry Room, In Basement
Has Basement
Basement Details: Partial, Partially Finished
Exterior
Exterior Features
Exterior Features: Private Yard
Patio And Porch Features: Patio
Roof: Shingle
Pool Information
Has Spa/Hot Tub
Building Information
Sq. Ft.: 2151
# of Stories Total: 3
Construction Materials: Cedar, Shake Siding, Wood Siding
Foundation Details: Block
Property Features
Other Structures: Workshop, Other
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence
Lot Information
Lot Features: Corner Lot, Irregular Lot, Near Public Transit, Wooded
Lot Size : 2.52
Lot Size Dimensions: 490 x 208
Lot Size Area: 2.52
Lot Size Units: Acres
Lot Size Acres: 2.52
Financial
Tax Information
Tax Annual Amount: $8,395
Utilities
Utility Information
Water Source: Public
Electric: Circuit Breakers
Utilities: Water Connected, Cable Available, Electricity Connected, Propane
Sewer: Septic Tank
Location
Schools Information
Elementary School District: Lansing
Elementary School: Raymond C Buckley Elementary
Middle Or Junior School District: Lansing
Middle Or Junior School: Lansing Middle
High School District: Lansing
High School: Lansing High
Location Information
Directions: From Ithaca, take East Shore Drive north, turn right on to Waterwagon Road, cross over Triphammer Road on to Triphammer Terrace. At intersection of Asbury Road ( not Asbury Drive ), turn left and property is on the right.
Cross Street: Triphammer Terrace
Public facts
Beds: 2
Baths: 1.5
Sq. Ft.: 2,151
Stories: 1.5
Lot Size: 2.52 acres
Style: Single Family Residential
Year Built: 1860
Year Renovated: —
County: Tompkins County
APN: 503289A03700100040140000000
Home facts updated by county records on Aug 10, 2026
Other
Listing Information
List AOR: IthacaBoardOfRealtors
AttributionContact: 607-280-4350
Around this home
Schools
Raymond C Buckley Elementary School
Public PreK-4 • Assigned • 2.6mi
7/10
Lansing Middle School
Public 5-8 • Assigned • 2.9mi
5/10
Lansing High School
Public 9-12 • Assigned • 2.8mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
2/10 Heat Factor
7 days above 93° expected this year, 15 days in 30 years
2/10 Wind Factor
1% 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
Historical weather
Lansing, NY • 14882
Average low and high temperatures (°F)
28
17
31
18
49
30
58
38
64
47
77
59
82
64
78
56
74
53
61
42
48
34
35
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 2.4 hours in December, placing it below the
U.S. average for solar exposure.
9 hrs
2.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$440,000 – $532,000
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