108 Penny Ln, Ithaca, NY 14850
OFF MARKET

108 Penny Ln
Ithaca, NY 14850

East Ithaca
  • 3 Beds
  • 2.5 Baths
  • 2,204 sqft (on 0.34 acres)

$446,900

Trulia Estimate
as of Jul 6, 2026
Est. Refi. Payment $3,098/mo*

$446,900

Trulia Estimate
as of Jul 6, 2026
Est. Refi. Payment $3,098/mo*
3 Beds
2.5 Baths
2,204 sqft
(on 0.34 acres)

Local Information

  • Map ViewExplore the area around 108 Penny Ln.
  • Schools7 Preschool Schools8 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

The 3 BR & 2.5 BA freestanding home with no HOA overlooks a beautiful natural landscaped yard w/ .336 acres allows for room to garden & play! Enjoy 3 floors of living space! Walk into a formal entry way & be greeted w/ a cathedral ceiling highlighting a stunning wall of large windows & a sliding glass door to the deck which provides tons of natural light illuminating the open floor plan & the maple hardwood floors. The great room area has floor to ceiling built-in bookshelves & a gas fireplace, the primary bedroom upstairs has an ensuite Jack & Jill bathroom, walk-in closets in every bedroom, spacious family room in the lower level & a 1-car detached garage are all features to love. Recent improvements made in the fall of '23: painted garage & upper facias; living area & bedrooms were freshly painted; hot water heater & new carpet in the lower level. The property is conveniently located near Cornell University, Six Mile Creek hiking trails, Belle Sherman Elementary & TCAT bus stop.
108 Penny Ln, Ithaca, NY 14850 is a 3 bedroom, 3 bathroom, 2,204 sqft single-family home in East Ithaca, built in 1988. It last sold for $385,000 on Jan 25, 2024 (3% below the $395,000 asking price). It is currently off market. The Trulia Estimate is $446,900, with a rent estimate of $3,146/month.

Home Highlights

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

Home Details for 108 Penny Ln

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Full,Finished,Partially FinishedNumber of Rooms: 9Types of Rooms: Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Foyer, Great Room, Kitchen, Laundry, Storage Room
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: Cable Available, High Speed Internet Available, Sewer Connected, Water ConnectedAppliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Gas Oven, Gas Range, Refrigerator, Range Hood, WasherDishwasherDisposalDryerLaundry: In BasementRefrigeratorWasher
Heating & Cooling
Heating: Electric,Propane,Other,See Remarks,BaseboardHas CoolingAir Conditioning: Window Unit(s),Wall Unit(s)Has HeatingHeating Fuel: Electric
Fireplace & Spa
Number of Fireplaces: 1Has a Fireplace
Windows, Doors, Floors & Walls
Door: Sliding DoorsFlooring: Carpet, Ceramic Tile, Hardwood, Varies
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoFloors: Carpet, Ceramic Tile, Hardwood, Varies

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: DeckExterior: Blacktop Driveway, Deck, Propane Tank - Leased
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 Street, Main ThoroughfareNot on Waterfront
Water & Sewer
Sewer: Connected

Days on Market

Cumulative Days on Market: 20

Property Information

Year Built
Year Built: 1988
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary
Building
Construction Materials: Wood Siding
Property Information
Condition: ResaleParcel Number: 50308905800100011080000000

Price & Status

Price
List Price: $395,000
Status Change & Dates
Off Market Date: Sun Nov 19 2023Possession Timing: Close Of Escrow

Location

Direction & Address
City: Ithaca TownCommunity: Commonland Crescent Sub
School Information
Elementary School: Belle ShermanElementary School District: IthacaJr High / Middle School District: IthacaHigh School District: Ithaca

Building

Building Area
Building Area: 2204 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: Ithaca Board of Realtors

Lot Information

Lot Area: 0.34 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

BasementMls Number: R1506936Living Area Range Units: Square FeetUniversal Property Id: US-36109-N-50308905800100011080000000-R-N
Last check for updates: about 16 hours ago
Listed by Lindsay Lustick Garner, (607) 227-7456
Linz Real Estate
Bought with: Ellen Morris-Knower, (607) 244-4814, Howard Hanna S Tier Inc
Originating MLS: Ithaca Board of Realtors
Source: NYSAMLSs, MLS#R1506936

Price History for 108 Penny Ln

DatePriceEventSource
01/25/2024$385,000Sold
NYSAMLSs #R1506936
12/28/2023$395,000PendingITMLS #R1506936
11/19/2023$395,000ContingentITMLS #R1506936
10/30/2023$395,000Listed For SaleITMLS #411518
02/22/2017$284,450Sold
NYSAMLSs #IB308046
12/06/2016$290,000PendingAgent Provided
11/14/2016$290,000Listed For SaleAgent Provided
06/01/2012$211,000Sold
N/A
03/24/2010$248,500ListingRemovedAgent Provided
01/23/2010$248,500Listed For SaleAgent Provided
11/03/2009$248,500ListingRemovedAgent Provided
07/10/2009$248,500Listed For SaleAgent Provided
08/16/2006$235,500Sold
N/A
01/17/2003$143,000Sold
N/A
05/09/2000$106,000Sold
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$385,000
Home facts updated by county records

Comparable Sales for 108 Penny Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.15
Single-Family Home
$395,000
09/18/25
3
2.5
1,940
0.02
Single-Family Home
$338,000
10/08/25
2
2
1,536
0.19
Single-Family Home
$400,000
11/25/25
4
2.5
1,852
0.25
Single-Family Home
$383,500
06/05/26
2
2
1,284
0.44
Single-Family Home
$455,000
09/30/25
3
2
1,637
0.38
Single-Family Home
$580,000
08/20/25
3
3.5
3,420
0.63
Single-Family Home
$585,129
06/25/26
4
2
2,689
0.69
Single-Family Home
$378,000
12/09/25
4
2.5
2,576
0.81
Single-Family Home
$505,000
09/18/25
3
2
2,043

Nearby homes

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Assigned Schools

These are the assigned schools for 108 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

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Homes for sale near 108 Penny Ln

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Off Market Homes Near 108 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 2026-07-05 16:31:33 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.