Stunning 41-acre estate just minutes from downtown Ithaca, Cornell University, and Ithaca College! This exceptional property offers the perfect balance of modern comfort, natural beauty, and privacy. The contemporary 3-bedroom, 3-bathroom home features an open layout with hardwood floors, a soaring wall of windows that captures panoramic views, and a wraparound deck ideal for enjoying the peaceful setting. The main level includes an open kitchen flowing into the great room with pellet stove, two bedrooms, and a full bath. Upstairs, a loft leads to a large private suite with full bath. The walkout lower level offers incredible flexibility with high ceilings, a full bathroom, living area, efficiency kitchen, and bonus room—perfect as a guest suite or Airbnb rental. The land is equally impressive. A seasonal creek with a small waterfall runs along the southern border, while sections of historic stone walls weave through the woods on the north side. An old farm road defines the eastern edge of the property, and a hunting blind sits quietly at one corner. An amazing tulip tree towers over the forest canopy, and white pines grace the lower two fields. Wildlife abounds—foxes, turkeys, and white-tailed deer are frequent visitors. With three open meadows, there's ample space for recreation, gardening, or hobby farming, and a charming pre-Civil War barn offers garage space, storage, and potential for a studio or workshop. Already a successful rental, this property offers endless possibilities—as a private retreat, income property, or year-round residence. Rare to find this much acreage, natural beauty, and flexibility so close to town. Don't miss the opportunity to own a slice of Finger Lakes paradise.
Single-familyProperty Type
2006Year Built
41.53 acresLot Size
$195Est. Price/Sq.Ft.
Listing by Kathleen (Kate) Seaman• Warren Real Estate of Ithaca Inc.
Picture Perfect Hobby Farm! Gorgeous updated contemporary overlooking stunning acreage-includes 3 fields. The 1st field is completely fenced in w/ a shelter for livestock. Enjoy the option of sun or shade on the wraparound porch. The cathedral ceilings & wall of windows make the open living area a great place to entertain. The basement has been transformed into wonderful family space with a full bath & office or guest area. The pellet stoves are great on a cold Winter's day! The pre-Civil War barn offers a ton of storage, a garage & additional space that could be an office or a workshop.
Public Records
Jan 14, 2010
Sold
$310,000
$129/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$11,888
$72,800 + $427,200
$500,000
2025
$11,888 (+0.8%)
$72,800 + $427,200
$500,000
2024
$11,793 (+8.5%)
$72,800 + $427,200
$500,000
2023
$10,871 (+9.9%)
$72,800 + $353,200
$426,000
2022
$9,890 (+4.6%)
$72,800 + $297,200
$370,000
2021
$9,459 (−3.8%)
$72,800 + $267,200
$340,000
2020
$9,837 (+4.8%)
$72,800 + $267,200
$340,000
2019
$9,390 (−0.3%)
$72,800 + $267,200
$340,000
2018
$9,422 (−0.6%)
$72,800 + $267,200
$340,000
2017
$9,479 (+6.0%)
$72,800 + $257,200
$330,000
2016
$8,942 (+0.1%)
$72,800 + $257,200
$330,000
2015
$8,931 (+28.1%)
$72,800 + $257,200
$330,000
2014
$6,971
$72,800 + $257,200
$330,000
Tax history for 557 Shaffer Rd
Year
Property tax
Land + Additions
Assessment*
2026
$11,888
$72,800 + $427,200
$500,000
2025
$11,888 (+0.8%)
$72,800 + $427,200
$500,000
2024
$11,793 (+8.5%)
$72,800 + $427,200
$500,000
2023
$10,871 (+9.9%)
$72,800 + $353,200
$426,000
2022
$9,890 (+4.6%)
$72,800 + $297,200
$370,000
2021
$9,459 (−3.8%)
$72,800 + $267,200
$340,000
2020
$9,837 (+4.8%)
$72,800 + $267,200
$340,000
2019
$9,390 (−0.3%)
$72,800 + $267,200
$340,000
2018
$9,422 (−0.6%)
$72,800 + $267,200
$340,000
2017
$9,479 (+6.0%)
$72,800 + $257,200
$330,000
2016
$8,942 (+0.1%)
$72,800 + $257,200
$330,000
2015
$8,931 (+28.1%)
$72,800 + $257,200
$330,000
2014
$6,971
$72,800 + $257,200
$330,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
3
Stories
1.5
Lot width
—
Lot depth
—
Lot size
41.53 Acres
Year renovated
—
Sq. Ft.
2,408
Year built
2006
Style
Single Family Residential
County
Tompkins County
APN
503400A02000000010150100000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
Property details
Parking
Parking/Garage Information
Parking Features: Gravel, No Garage, Driveway
Interior
Virtual Tour
Bedroom Information
Main Level Bedrooms: 2
Bathroom Information
# of Full Bathrooms: 3
# of Main Level Bathrooms: 1
Heating & Cooling
Has Cooling
Cooling: Window Unit(s)
Has Heating
Heating: Electric, Propane, Other, See Remarks, Baseboard, Forced Air
Interior Features
Interior Features: Eat-in Kitchen
Appliances: Dishwasher, Exhaust Fan, Freezer, Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood
Flooring: Carpet, Hardwood, Varies, Vinyl
Has Fireplace
# of Fireplaces: 2
Room Information
# of Rooms Total: 11
Laundry Features: Laundry Room, In Basement, Main Level
Has Basement
Basement Details: Full, Finished, Walk-Out Access
Exterior
Exterior Features
Patio And Porch Features: Porch
Roof: Asphalt
Building Information
Sq. Ft.: 2408
Below Grade Finished Area: 784
Levels: Two
# of Stories Total: 2
Construction Materials: Vinyl Siding
Property Features
Other Structures: Barn(s), Outbuilding
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence
Lot Information
Lot Features: Irregular Lot, Wooded
Lot Size : 41.53
Lot Size Dimensions: 163 x 2000
Lot Size Area: 41.53
Lot Size Units: Acres
Lot Size Acres: 41.53
Financial
Tax Information
Tax Annual Amount: $12,240
Utilities
Utility Information
Water Source: Well
Utilities: Propane
Sewer: Septic Tank
Location
Schools Information
Elementary School District: Newfield
Elementary School: Newfield Elementary
Middle Or Junior School District: Newfield
Middle Or Junior School: Newfield Middle
High School District: Newfield
High School: Newfield Senior High
Location Information
Directions: From Ithaca take NY-13 S for 7 miles, turn right onto Newfield Depot Rd, left onto Adams Rd, and then left onto Shaffer Road, house will be on the left immediately after the large red barn at the road.
Cross Street: Piper Road
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 2,408
Stories: 1.5
Lot Size: 41.53 acres
Style: Single Family Residential
Year Built: 2006
Year Renovated: —
County: Tompkins County
APN: 503400A02000000010150100000
Home facts updated by county records on Aug 10, 2026
Other
Listing Information
List AOR: IthacaBoardOfRealtors
AttributionContact: 607-280-3339
Around this home
Schools
Newfield Elementary School
Public PreK-5 • Assigned • 2.1mi
3/10
Newfield Middle School
Public 6-8 • Assigned • 2.1mi
3/10
Newfield Senior High School
Public 9-12 • Assigned • 2.1mi
7/10
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
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 92° 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
Newfield, NY • 14867
Average low and high temperatures (°F)
28
16
33
17
51
29
60
37
66
45
79
57
84
63
79
58
75
53
62
41
48
33
35
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 2.4 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
2.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$446,000 – $539,000
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