Sophisticated Townhouse Living Just Moments from Cornell University Welcome to this beautifully maintained 3-bedroom, 2.5 bath townhouse offering 1,838 square feet of thoughtfully designed living space in one of Ithaca’s most convenient and desirable locations. Designed with flexibility in mind, the layout easily adapts to a variety of lifestyles whether you're seeking a primary residence, a lock and leave retreat, or a strategic investment property. A dedicated office provides an ideal work from home environment, while the third bedroom offers additional versatility for guests, workspace, or creative use. The updated kitchen features contemporary finishes, quality appliances, and generous cabinetry perfect for both everyday living and entertaining. The open concept living and dining areas are filled with natural light, creating a warm, inviting atmosphere that flows seamlessly throughout the home. Upstairs, you’ll find three well proportioned bedrooms and two full baths, along with the added convenience of second floor laundry. A brand new boiler (January 2026) enhances efficiency and peace of mind. Set within a quiet, well maintained community, this home offers true low maintenance living. Its location is unmatched just minutes to Cornell University, Ithaca College, downtown Ithaca, and everyday amenities, with easy access to public transportation. Nearby parks, walking trails, and bike paths provide year round opportunities to enjoy Ithaca’s natural beauty. Whether you're a professional seeking proximity to campus, a buyer looking for ease and convenience, or an investor capitalizing on a high demand location, this property presents a rare combination of comfort, flexibility, and long term value.
Single-familyProperty Type
1986Year Built
9,583 sq ftLot Size
$220Price/Sq.Ft.
1 car garageParking
Listing by Jill Burlington• Warren Real Estate of Ithaca Inc.
Listing by Howard Hanna Horseheads, (607) 739-1444
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Rental estimate
Est. $2,636 per month, based on comparable rentals
Sale and tax history for 116 Terraceview Dr
Sale History
Tax History
Date
Event
Price
IBRMLS #R1667725
Jul 15, 2026
Sold
$405,000
$220/sq ft
Jun 18, 2026
Pending
—
May 11, 2026
Contingent
—
Apr 30, 2026
Price Changed
$430,000
$234/sq ft
Mar 25, 2026
Listed
$449,900
$245/sq ft
IBRMLS #R1667878
Jul 15, 2026
Sold
$405,000
$220/sq ft
Jun 18, 2026
Pending
—
May 11, 2026
Contingent
—
Apr 30, 2026
Price Changed
$430,000
$234/sq ft
Mar 25, 2026
Listed
$449,900
$245/sq ft
Sophisticated Townhouse Living Just Moments from Cornell University Welcome to this beautifully maintained 3-bedroom, 2.5 bath townhouse offering 1,838 square feet of thoughtfully designed living space in one of Ithaca’s most convenient and desirable locations. Designed with flexibility in mind, the layout easily adapts to a variety of lifestyles whether you're seeking a primary residence, a lock and leave retreat, or a strategic investment property. A dedicated office provides an ideal work from home environment, while the third bedroom offers additional versatility for guests, workspace, or creative use. The updated kitchen features contemporary finishes, quality appliances, and generous cabinetry perfect for both everyday living and entertaining. The open concept living and dining areas are filled with natural light, creating a warm, inviting atmosphere that flows seamlessly throughout the home. Upstairs, you’ll find three well proportioned bedrooms and two full baths, along with the added convenience of second floor laundry. A brand new boiler (January 2026) enhances efficiency and peace of mind. Set within a quiet, well maintained community, this home offers true low maintenance living. Its location is unmatched just minutes to Cornell University, Ithaca College, downtown Ithaca, and everyday amenities, with easy access to public transportation. Nearby parks, walking trails, and bike paths provide year round opportunities to enjoy Ithaca’s natural beauty. Whether you're a professional seeking proximity to campus, a buyer looking for ease and convenience, or an investor capitalizing on a high demand location, this property presents a rare combination of comfort, flexibility, and long term value.
IBRMLS #R1619065
Sep 25, 2025
Rental Removed
$2,600
$1/sq ft
Jul 1, 2025
Listed for Rent
$2,600
$1/sq ft
IBRMLS #R1605712
May 8, 2025
Listed
$449,900
$245/sq ft
IBRMLS #R1602770
May 1, 2025
Listed
$449,900
$245/sq ft
Public Records
Dec 6, 2013
Sold
$185,000
$101/sq ft
Public Records
Jul 30, 1998
Sold
$97,500
$53/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$9,021
$26,400 + $323,600
$350,000
2025
$9,021 (+2.7%)
$26,400 + $323,600
$350,000
2024
$8,787 (+14.1%)
$26,400 + $323,600
$350,000
2023
$7,702 (+4.2%)
$26,400 + $250,600
$277,000
2022
$7,395 (+2.0%)
$26,400 + $225,600
$252,000
2021
$7,250 (+0.9%)
$26,400 + $213,600
$240,000
2020
$7,186 (+2.2%)
$26,400 + $213,600
$240,000
2019
$7,033 (−1.1%)
$26,400 + $203,600
$230,000
2018
$7,110 (−2.1%)
$26,400 + $203,600
$230,000
2017
$7,260 (+9.8%)
$26,400 + $203,600
$230,000
2016
$6,609 (+1.3%)
$26,400 + $203,600
$230,000
2015
$6,527 (−30.0%)
$26,400 + $173,600
$200,000
2014
$9,329
$26,400 + $173,600
$200,000
Public record
Beds
3
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
9,583 Sq. Ft.
Year renovated
—
Sq. Ft.
1,838
Year built
1986
Style
Townhouse
County
Tompkins County
APN
503089A05800000020393420000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
Property details
Parking
Parking/Garage Information
Has Garage
Has Attached Garage
# of Garage Spaces: 1
Parking Features: Concrete, Attached, Garage, Garage Door Opener, Driveway
Interior
Bathroom Information
# of Full Bathrooms: 2
# of Half Bathrooms: 1
# of Main Level Bathrooms: 1
Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s)
Has Heating
Heating: Baseboard, Natural Gas
Interior Features
Interior Features: Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Kitchen Island
Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer
Flooring: Ceramic Tile, Varies, Vinyl, Tile
Has Fireplace
# of Fireplaces: 1
Room Information
# of Rooms Total: 6
Laundry Features: Laundry Room, Upper Level
Basement Details: None
Exterior
Exterior Features
Patio And Porch Features: Deck
Roof: Asphalt
Building Information
Sq. Ft.: 1838
Levels: Two
# of Stories Total: 2
Construction Materials: Wood Siding
Foundation Details: Other, See Remarks, Slab
Property Features
Green Energy Efficient: Windows
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence
Lot Information
Lot Features: Near Public Transit, Rectangular Lot
Road Responsibility: Public Maintained Road
Road Frontage Type: City Street
Lot Size : 0.22
Lot Size Dimensions: 64 x 150
Lot Size Area: 0.22
Lot Size Units: Acres
Lot Size Acres: 0.22
Financial
Tax Information
Tax Annual Amount: $8,667
Utilities
Utility Information
Water Source: Public
Utilities: Sewer Connected, Water Connected, Cable Available
Location
Schools Information
Elementary School District: Ithaca
Elementary School: Belle Sherman
Middle Or Junior School District: Ithaca
High School District: Ithaca
Location Information
Directions: Google maps or similar will take you to the property.
Cross Street: Westview Lane
Public facts
Beds: 3
Baths: 2.5
Sq. Ft.: 1,838
Stories: 2.0
Lot Size: 9,583 square feet
Style: Townhouse
Year Built: 1986
Year Renovated: —
County: Tompkins County
APN: 503089A05800000020393420000
Home facts updated by county records on Aug 10, 2026
Other
Listing Information
List AOR: IthacaBoardOfRealtors
AttributionContact: 607-592-0474
Around this home
Schools
Belle Sherman School
Public PreK-5 • Assigned • 0.9mi
4/10
Ithaca Senior High School
Public 9-12 • Assigned • 2.5mi
9/10
Boynton Middle School
Public 6-8 • Assigned • 2.8mi
8/10
Provided by GreatSchools
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
3/10 Heat Factor
8 days above 93° expected this year, 17 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
Ithaca, NY • 14850
Average low and high temperatures (°F)
31
20
35
20
53
31
62
40
68
47
81
59
85
65
81
58
77
55
64
43
50
36
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$405,000 – $490,000
Sell confidently with a local market expert in Ithaca.