107 Penny Ln, Ithaca, NY 14850
OFF MARKET

107 Penny Ln
Ithaca, NY 14850

East Ithaca
  • 3 Beds
  • 2.5 Baths
  • 2,312 sqft (on 0.52 acres)

$552,500

Trulia Estimate
as of Jun 18, 2026
Est. Refi. Payment $3,740/mo*

$552,500

Trulia Estimate
as of Jun 18, 2026
Est. Refi. Payment $3,740/mo*
3 Beds
2.5 Baths
2,312 sqft
(on 0.52 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Sweet Penny Lane is a modernized and contemporary 3 bedroom, 2.5 bath, 2300 square foot home. The main floor is newly remodelled with an open floor plan, cozy fireplace, and cathedral ceilings facing south onto 6 Mile Creek Wildflower Preserve and South Hill in the distance. Every room is well lit with wonderful views. All bathrooms are newly renovated. Bedrooms are spacious with plenty of closet and storage space. The roof is a new, 50 year, standing seam metal roof with a 6 kW solar array. The combination of solar panels and heat pumps provide a tremendous savings on home energy bills as well as nice even heating and cooling inside.
The 1/2 acre yard is well kept with fruit bearing peach, apple, and nectarine trees with a giant cottonwood and maple for shade in the summer. X-country ski or hike out the back door. There is a front porch and a lovely back deck with space for dining and an awning for shade if needed. 1 car garage with additional 2 spaces for parking in the driveway. Access to Cornell, and TCAT municipal bus lines. No HOA or condo fees. 2 miles from downtown! Don't miss this chance to make this your home! Offer review has been set for March 25th, 2024 at 12pm.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from June 21, 2024

Home Highlights

Parking
Garage
Outdoor
Porch, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 107 Penny Ln

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Full,FinishedNumber of Rooms: 9Types of Rooms: Bedroom 1, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Other
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: 2312 Square Feet
Appliances & Utilities
Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water ConnectedAppliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Freezer, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, Solar Hot Water, See Remarks, WasherDishwasherDryerLaundry: In BasementMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Electric,Gas,Heat Pump,Solar,Baseboard,Natural Gas,StoveHas CoolingAir Conditioning: Heat PumpHas HeatingHeating Fuel: Electric
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Door: Sliding DoorsFlooring: Hardwood, Laminate, Tile, Varies
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3Floors: Hardwood, Laminate, Tile, Varies

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: Deck, Open, PorchExterior: Awning(s), Barbecue, Deck, Gravel Driveway, Play Structure
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

Days on Market

Cumulative Days on Market: 14

Property Information

Year Built
Year Built: 1987
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary
Building
Construction Materials: Frame
Property Information
Condition: ResaleParcel Number: 50308905800100011070000000

Price & Status

Price
List Price: $449,000
Status Change & Dates
Off Market Date: Tue Mar 26 2024Possession Timing: Close Of Escrow

Location

Direction & Address
City: Ithaca TownCommunity: Commonland Community
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

Building

Building Area
Building Area: 2312 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: Ithaca Board of Realtors

Lot Information

Lot Area: 0.52 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional

Energy

Energy Efficiency Features: Appliances, HVAC, Lighting

Miscellaneous

BasementMls Number: R1522638Living Area Range Units: Square FeetAttribution Contact: 607-592-0474Universal Property Id: US-36109-N-50308905800100011070000000-R-N
Last check for updates: about 15 hours ago
Listed by Jill Burlington, (607) 592-0474
Warren Real Estate of Ithaca Inc.
Bought with: Rebecca McCutcheon, (607) 280-0242, Howard Hanna S Tier Inc
Originating MLS: Ithaca Board of Realtors
Source: NYSAMLSs, MLS#R1522638

Price History for 107 Penny Ln

DatePriceEventSource
06/21/2024$532,000Sold
NYSAMLSs #R1522638
03/29/2024$449,000PendingITMLS #R1522638
03/26/2024$449,000ContingentITMLS #R1522638
03/12/2024$449,000Listed For SaleITMLS #R1522638
04/15/2008$199,000Sold
N/A

Market trends in Ithaca

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$404K
$17.17K
MoM
Sale-to-List Price
Price per sq ft
$229
$1
MoM
Available listings
156
25
MoM
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Property Tax and Assessment

Year2025
Tax
Assessment$450,000
Home facts updated by county records

Homeowner tools

Estimated monthly rent$3,681/mo

Homes for rent near 107 Penny Ln

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Comparable Sales for 107 Penny Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.32
Single-Family Home
$499,000
07/02/25
4
2
2,061
0.14
Single-Family Home
$395,000
09/18/25
3
2.5
1,940
0.41
Single-Family Home
$455,000
09/30/25
3
2
1,637
0.36
Single-Family Home
$580,000
08/20/25
3
3.5
3,420
0.18
Single-Family Home
$400,000
11/25/25
4
2.5
1,852
0.04
Single-Family Home
$338,000
10/08/25
2
2
1,536
0.44
Single-Family Home
$511,000
08/18/25
4
2
1,880
0.23
Single-Family Home
$383,500
06/05/26
2
2
1,284
0.81
Single-Family Home
$505,000
09/18/25
3
2
2,043
0.71
Single-Family Home
$378,000
12/09/25
4
2.5
2,576

Nearby homes

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Assigned Schools

These are the assigned schools for 107 Penny Ln.
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.

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 107 Penny Ln

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Off Market Homes Near 107 Penny Ln

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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 2026-06-17 19:56:26 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.
107 Penny Ln, Ithaca, NY 14850 is a 3 bedroom, 3 bathroom, 2,312 sqft single-family home built in 1987. 107 Penny Ln is located in East Ithaca, Ithaca. This property is not currently available for sale. 107 Penny Ln was last sold on Jun 21, 2024 for $532,000 (18% higher than the asking price of $449,000). The current Trulia Estimate for 107 Penny Ln is $552,500.