Elevated Residential Building
For Sale
Under Contract
$97,500
Fallview Terrace, Ithaca, NY 14850
LAND - Ithaca, NY
Property SizeContact for details
Lot Size0.53 Acres
Days on Market81
Property Features for Fallview Terrace
General Information
Property type
Land
Property subtype
Other
Parking features
Driveway
Subdivision
West Hill
Lot features
City Lot, Rectangular, Rectangular Lot, Cleared, Gentle Sloping
Elementary school
Beverly J Martin Elementary
Middle school
Dewitt Middle
High school
Ithaca Senior High
Elementary school district
Ithaca
Middle school district
Ithaca
High school district
Ithaca
Directions
Near intersection of Brookfield Road and Fallview Terrace
Standard status
Active Under Contract
APN
500700-003-000-0002-012-001-0000
Lot size
0.53 Acres
Taxes and HOA fees
Tax Annual Amount
1583
Utilities
Water source
Public
Listing Agency:
Warren Real Estate of Ithaca Inc. (Downtown)
(607) 257-0666
Listed By:
Steven Saggese · License #30SA0532613
(607) 280-4350
Added: Jun 1
Changed: Jun 22
Last Checked: Aug 20 at 8:06PM
MLS# R1686088
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This is a City of Ithaca building lot located on a quiet residential street. The property is elevated above street level and features a deep lot layout designed to support flexible home planning, including the option for a full walkout lower level. The listing notes the opportunity for abundant natural light and large windows oriented to take advantage of scenic eastern views, including sunrises and glimpses of Cayuga Lake, Cornell University, and surrounding hillsides.
Municipal water, sewer, natural gas, and electric are available for connection. The location is described as just minutes from downtown Ithaca and convenient to Cayuga Lake, Cass Park, the Cayuga Waterfront Trail, the Black Diamond Trail, as well as shopping, dining, and everyday amenities.
For buyers looking to design and build from the ground up, the combination of an elevated site, utility availability, and a deep lot configuration can support a walkout-style layout and outdoor living elements such as decking. The setting is suited to those who want a residential building site with nearby access to trails and core parts of Ithaca.
Municipal water, sewer, natural gas, and electric are available for connection. The location is described as just minutes from downtown Ithaca and convenient to Cayuga Lake, Cass Park, the Cayuga Waterfront Trail, the Black Diamond Trail, as well as shopping, dining, and everyday amenities.
For buyers looking to design and build from the ground up, the combination of an elevated site, utility availability, and a deep lot configuration can support a walkout-style layout and outdoor living elements such as decking. The setting is suited to those who want a residential building site with nearby access to trails and core parts of Ithaca.
Key Highlights
- City of Ithaca building lot on a quiet residential street with sweeping eastern views and sunrise vistas
- Elevated above street level with a deep lot offering design flexibility for a full walkout lower level
- Municipal water, sewer, natural gas, and electric available at the lot
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
140
Businesses Nearby
Explore this area
Business Placement
Demographics for 14850, NY
69,271
Population
31,772
Households
2.2
Avg Household Size
29
Median Age
72%
College-Educated
96%
High-School Grad
124.8 sq mi
ZIP Area
555
Density / Sq Mi
$69,689
Median Household Income
$36,115
Median Earnings
$1,446
Median Rent
$334,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Build a custom home on an elevated lot with utilities available and scenic eastern views.
Where is this residential land & home lot located?
The property is located at Fallview Terrace Ithaca, NY.
What is the asking price?
The asking price for this property is $97,500.
What are key features of this property?
This property features: City of Ithaca building lot on a quiet residential street with sweeping eastern views and sunrise vistas; Elevated above street level with a deep lot offering design flexibility for a full walkout lower level; Municipal water, sewer, natural gas, and electric available at the lot
