103 Penny Ln, Ithaca, NY 14850
Property image
Property image
FOR SALE
3D VIEW
0.37 ACRES

$407,000

  • 3 Beds
  • 2.5 Baths
  • 2,204 sqft (on 0.37 acres)

103 Penny Ln, Ithaca, NY 14850

East Ithaca
Est. Mortgage $2,847/mo*
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Home Highlights

Property Type
Single-Family Home
Year Built
1987
Lot Size
0.37 acres
Price/Sqft
$185
Parking
Garage

Local Information

  • Map ViewExplore the area around 103 Penny Ln.
  • Schools7 Preschool Schools8 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Light filled spacious home close to Cornell! This is one of the single family standalone units near Commonland Community, but outside of the HOA, so all of the benefits of living in a modern home near six mile creek, without the HOA fees or rules. Presently this home is split into two separate units. The main unit boasts gleaming wood floors and a huge picture window to the gorge side streaming in light all day long. The combination living/dining room has cathedral ceilings for an expansive feeling space. Upstairs, two very generously sized bedrooms and a full bath, half bath on the main level. Downstairs the accessory apartment offers plenty of space with a full sized galley kitchen, living room and bedroom. These units are connected by the main entry, and could easily be converted back into a single family, or live in one side and offset costs with a rental. Set down and away from the main road, find serenity in the gorge just a few minutes walk away, yet easily get into town, to Cornell or IC.
Last check for updates: about 2 hours ago
Listing by: Warren Real Estate of Ithaca Inc. (Downtown), (607) 257-0666
Emily Doyle, (607) 592-3658
Originating MLS: Ithaca Board of Realtors
Source: NYSAMLSs, MLS#R1708073
Also Listed on NYSAMLSs.

Home Details for 103 Penny Ln

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Full,FinishedNumber of Rooms: 7
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 2204 Square Feet
Appliances & Utilities
Utilities: High Speed Internet Available, Sewer Connected, Water ConnectedAppliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, WasherDishwasherDryerLaundry: In Basement,Upper LevelRefrigeratorWasher
Heating & Cooling
Heating: Electric,BaseboardHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Fireplace & Spa
Number of Fireplaces: 1Has a Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Hardwood, Varies
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoFloors: Carpet, Hardwood, Varies
View
Has a ViewView: Slope View

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: DeckExterior: Blacktop Driveway, DeckFoundation: Block
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageNo Attached GarageParking Spaces: 1Parking: Detached,Garage,Garage Door Opener
Frontage
Road Frontage: City StreetNot on Waterfront
Water & Sewer
Sewer: Connected
Finished Area
Finished Area (below surface): 768 Square Feet

Days on Market

Days on Market: 3

Property Information

Year Built
Year Built: 1987
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary
Building
Construction Materials: Wood Siding
Property Information
Condition: ResaleParcel Number: 50308905800100011030000000

Price & Status

Price
List Price: $407,000Price Per Sqft: $185
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: Ithaca Town
School Information
Elementary School: Belle ShermanElementary School District: IthacaJr High / Middle School: Dewitt MiddleJr High / Middle School District: IthacaHigh School: Ithaca Senior HighHigh School District: Ithaca

Agent Information

Listing Agent
Listing ID: R1708073

Building

Building Area
Building Area: 2204 Square Feet

Community

Community Features: Trails/PathsNot Senior Community

HOA

Association for this Listing: Ithaca Board of Realtors

Lot Information

Lot Area: 0.37 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: R1708073Living Area Range Units: Square FeetAttribution Contact: 607-592-3658Universal Property Id: US-36109-N-50308905800100011030000000-R-N

Additional Information

Trails/Paths

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about East Ithaca

At least 2 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 100 % Say it's quiet

  • 100 % Say car is needed

  • 100 % Say parking is easy

  • 83 % Say there's holiday spirit

  • 83 % Say there are sidewalks

  • 83 % Say yards are well-kept

  • 80 % Say it's walkable to restaurants

  • 67 % Say kids play outside

  • 63 % Say people would walk alone at night

  • 57 % Say it's walkable to grocery stores

  • 50 % Say there's wildlife

  • 50 % Say they plan to stay for at least 5 years

  • 50 % Say streets are well-lit

  • 44 % Say neighbors are friendly

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.

Market trends in Ithaca

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$406K
$17.33K
MoM
Sale-to-List Price
99.2%
1.1%
MoM
Price per sq ft
$228
$6
MoM
Available listings
145
2
MoM

Home Value

Trulia Estimate
$392K
Since last month
Decreased$1K (-0.3%)
Since last year
Increased$6K (+1.6%)
Since last sale
Increased$216K (+110.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +105% in the last 10 years
MonthEstimated value
2026
August 2026$411K
July 2026$412K
June 2026$421K
May 2026$416K
April 2026$417K
March 2026$406K
February 2026$399K
January 2026$389K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.14
Single-Family Home
$395,000
09/18/25
3
2.5
1,940
0.08
Single-Family Home
$338,000
10/08/25
2
2
1,536
0.17
Single-Family Home
$400,000
11/25/25
4
2.5
1,852
0.31
Single-Family Home
$561,250
07/24/26
3
3
2,791
0.25
Single-Family Home
$390,000
07/17/26
3
2
1,447
0.39
Single-Family Home
$455,000
09/30/25
3
2
1,637
0.21
Single-Family Home
$383,500
06/05/26
2
2
1,284
0.74
Single-Family Home
$378,000
12/09/25
4
2.5
2,576
0.68
Single-Family Home
$585,129
06/25/26
4
2
2,689

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.04
$543,200
3
2.5
2,312
Off Market
0.02
$379,500
2
2
1,536
Off Market
0.06
$436,500
3
2.5
2,204
Off Market
0.08
$359,800
2
2
1,536
Off Market
0.09
$478,100
3
2.5
2,204
Off Market
0.05
$319,200
2
1.5
1,232
Off Market
0.10
$501,900
3
2.5
2,356
Off Market
0.13
$361,300
2
1.5
1,536
Off Market
0.10
$295,000
1
1
1,050
Recently Sold
0.11
$288,700
2
1
1,050
Off Market
0.11
$313,400
2
1.5
1,230
Off Market

Price and Tax history

DateEventPrice
Aug 28, 2026
Source: NYSAMLSs #R1708073
Listed For Sale
$407,000
Mar 24, 2021
Source: N/A
ListingRemoved
Mar 16, 2018
Source: N/A
ListingRemoved
$900
Jan 13, 2018
Source: N/A
Listed For Rent
$900
Aug 7, 2009
Source: N/A
Sold
$195,000

LGBTQ Local Legal Protections

Emily Doyle, Warren Real Estate of Ithaca Inc. (Downtown), (607) 257-0666
Agent Phone: (607) 592-3658
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Zillow, Inc. are marked with the IDX logo and include the Listing Broker’s Firm Name. Listing Data last updated at 2026-08-31 16:01:40 PDT. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2026 CNYIS, UNYREIS, WNYREIS. All rights reserved.

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Frequently asked questions about 103 Penny Ln

  • What is the estimated monthly payment for 103 Penny Ln?
    Based on a $407,000 list price with 20% down at today's rates, the estimated monthly payment for 103 Penny Ln in Ithaca, NY is approximately $2,873 (about $2,103 principal & interest, $695 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 103 Penny Ln compare to homes in Ithaca?
    103 Penny Ln in Ithaca, NY is listed at $407,000. The median sale price in Ithaca is $406K.
  • What are the closest schools to 103 Penny Ln?
    The closest schools to 103 Penny Ln in Ithaca, NY are Belle Sherman School (Pre-K/Elementary, rated 4/10), Beverly J Martin Elementary School (Pre-K, rated 3/10), Boynton Middle School (rated 8/10).
  • What is 103 Penny Ln estimated to be worth?
    Trulia's estimated value for 103 Penny Ln in Ithaca, NY is $391,500.
  • Does 103 Penny Ln have air conditioning?
    Yes, 103 Penny Ln in Ithaca, NY has air conditioning.
  • Does 103 Penny Ln have laundry facilities?
    Yes, 103 Penny Ln in Ithaca, NY has in-unit laundry.
103 Penny Ln, Ithaca, NY 14850 is a 3 bedroom, 3 bathroom, 2,204 sqft single-family home built in 1987. 103 Penny Ln is located in East Ithaca, Ithaca. This property is currently available for sale and was listed by NYSAMLSs on Aug 28, 2026. The MLS # for this home is MLS# R1708073.