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    218 N Applegate Rd Ithaca, NY 14850

    For Sale
    $4,500,000

    COMMERCIAL - Ithaca, NY

    Property size:
    13,969 SF
    Lot size:
    141.00 Acres
    Days on Market:
    136
    Last Refresh:
    Dec 6 at 10:06 am

    Property Features for 218 N Applegate Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    2.-3-10, 3.-1-6.3,3.-1-10, 3.-1-8.21
    Parking
    50
    Parking features
    Driveway, Paved or Surfaced
    Exterior features
    PropaneTankLeased
    Size
    13,969 SF
    Lot size
    141.00 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Forced Air, Propane (Heating)
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    1985
    Floors in Building
    2
    Flooring type
    Linoleum, Vinyl, Carpet
    Roof type
    Metal

    RE/MAX In Motion (607) 277-1500 [email protected]

    Listing agent Chelsey Smith (607) 277-1500 License #10401325229

    Listing date Jul 24, 2025

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hillendale Golf Course Estate Retreat

    Located in the Finger Lakes region, near waterfalls and wineries, the Hillendale Golf Course is a 141-acre property. This estate includes an 18-hole, par-70 golf course. Amenities include a fully-equipped Pro Shop, putting greens, a driving range, and a turnkey restaurant with a full commercial kitchen. There is also a "Party Barn" with a second commercial kitchen and bar. The property features a private owner's suite with two beds and two baths, as well as an Airbnb rental unit with three beds, one and a half baths, and laundry. Additional building lots are available for future expansion or custom homesites. The property is located 20 minutes from Cornell University and Ithaca College. The property has potential for development into a boutique resort, private estate compound, golf-centric enclave, wellness retreat, or residential community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hillendale Golf Course Golf Course

    Suggested Use

    Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Auto Parts Store Storage Facility Garden Center Veterinary Clinic Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ithaca
    County
    Tompkins
    State
    New York
    Longitude
    -76.611653
    Latitude
    42.466813

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    FAQs

    What type of property is this?
    Golf course & driving range - 141-acre golf course estate near Ithaca with development potential.
    Where is this golf course & driving range located?
    The property is located at 218 N Applegate Rd Ithaca, NY.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - 141-acre estate featuring an award-winning 18-hole golf course in the Finger Lakes region.; - Turnkey operation with multiple income streams from the golf course, restaurant, bar, and Airbnb rental.; - Limitless development potential for a resort, residential community, or wellness retreat.
    (607) 277-1500
    Request Owner's contact information
    218 N Applegate Rd Ithaca, NY 14850
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    Ithaca, NY 14850
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    218 N Applegate Rd Ithaca, NY 14850
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