118 Park Ln, Ithaca, NY 14850
Property image
Property image
UNDER CONTRACT
3D VIEW
0.4 ACRES

118 Park Ln
Ithaca, NY 14850

East Ithaca
  • 6 Beds
  • 5 Baths
  • 4,525 sqft (on 0.40 acres)

$625,000

Est. Mortgage $4,244/mo*

$625,000

Est. Mortgage $4,244/mo*
6 Beds
5 Baths
4,525 sqft
(on 0.40 acres)

Home Highlights

Parking
2 Car Garage
Outdoor
Deck
Climate Control
Heating & Cooling
Price/Sqft
$138
Listed
69 days ago

Local Information

  • Map ViewExplore the area around 118 Park Ln.
  • Schools7 Preschool Schools8 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Discover the perfect synergy of luxury living and financial intelligence in this expansive side-by-side duplex, perfectly situated in Ithaca’s premier Eastern Heights neighborhood. The primary residence welcomes you with a sun-drenched, open layout featuring four-plus bedrooms and four full baths, complemented by several versatile flex spaces tailored for a professional home office, creative studio, fitness area or in-law suite. Beyond the interior, a private deck and backyard offer serene views, while a convenient one-bay garage adds to the ease of daily living. By occupying the main home and leasing the spacious two-bedroom, one-bath unit—which boasts its own garage, private yard, and patio—you can effectively let your tenants subsidize your mortgage and taxes.

This property serves as a gateway to the very best of Ithaca. A nearby paved path provides a direct route to Cornell University and East Hill Plaza for work, learning, groceries or a quick coffee run. For those who love the outdoors, Tudor Park’s trails and cross-country skiing paths are right at your doorstep, while the swimming and hiking trails of Mulholland Wildflower Preserve and the South Hill Rec Way are just minutes away. Whether you are heading to campus or the Commons, the short drive and nearby bus access make travel effortless. This home offers a quiet lifestyle without ever sacrificing the convenience of the city. Ask your agent for a list of improvements that include a new roof and boiler in 2026, as well as, multiple financing options.
Last check for updates: about 12 hours ago
Listing by: Howard Hanna S Tier Inc, (607) 257-0800
Richard Patterson, (607) 280-3070
Originating MLS: Ithaca Board of Realtors
Source: NYSAMLSs, MLS#R1668544

Home Details for 118 Park Ln

Active Status

MLS Status: Under Contract

Interior Features

Interior Details
Basement: Partially Finished,Walk-Out AccessNumber of Rooms: 13
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 5Number of Bathrooms (full): 5Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 4525 Square Feet
Appliances & Utilities
Utilities: Electricity Available, High Speed Internet Available, Sewer Connected, Water ConnectedAppliances: Built-In Range, Built-In Oven, Convection Oven, Dryer, Dishwasher, Electric Oven, Electric Range, Gas Cooktop, Gas Water Heater, Refrigerator, WasherDishwasherDryerLaundry: Main Level,Upper LevelRefrigeratorWasher
Heating & Cooling
Heating: Ductless,Electric,GasHas CoolingAir Conditioning: Ductless,Window Unit(s),Wall Unit(s)Has HeatingHeating Fuel: Ductless
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Window: Drapes, Skylight(s)Door: Sliding DoorsFlooring: Ceramic Tile, Hardwood, Laminate, Tile, Varies
Levels, Entrance, & Accessibility
Number of Stories: 1Floors: Ceramic Tile, Hardwood, Laminate, Tile, Varies

Exterior Features

Exterior Home Features
Roof: Architectural ShinglePatio / Porch: DeckFencing: PartialOther Structures: Shed(s), StorageExterior: Blacktop Driveway, Deck, Fence, Gravel DrivewayFoundation: Poured
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: Attached,Underground,Electricity,Garage,Garage Door Opener
Frontage
Road Frontage: City StreetNot on Waterfront
Water & Sewer
Sewer: Connected

Days on Market

Cumulative Days on Market: 6Days on Market: 69

Property Information

Year Built
Year Built: 1985
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Two Story
Building
Construction Materials: Blown-In Insulation, Block, Cedar, Concrete, Spray Foam Insulation, Wood Siding, Copper Plumbing, PEX Plumbing
Property Information
Condition: ResaleParcel Number: 50308905600000030130030000

Price & Status

Price
List Price: $625,000Price Per Sqft: $138
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: Ithaca Town
School Information
Elementary School: Caroline ElementaryElementary 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: R1668544

Building

Building Area
Building Area: 4525 Square Feet

Community

Community Features: Trails/PathsNot Senior Community

HOA

Association for this Listing: Ithaca Board of Realtors

Lot Information

Lot Area: 0.40 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional

Energy

Energy Efficiency Features: Appliances, HVAC

Miscellaneous

BasementMls Number: R1668544Living Area Range Units: Square FeetZillow Contingency Status: Under ContractAttribution Contact: 607-280-3070Universal Property Id: US-36109-N-50308905600000030130030000-R-N

Additional Information

Trails/Paths

Market trends in Ithaca

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$390K
$12.67K
MoM
Sale-to-List Price
98.0%
0.3%
MoM
Price per sq ft
$234
$6
MoM
Available listings
143
13
MoM

Price History for 118 Park Ln

DatePriceEventSource
06/03/2026$625,000ContingentNYSAMLSs #R1679818
05/28/2026$625,000Listed For SaleNYSAMLSs #R1668544
10/11/2013$270,300Sold
NYSAMLSs #IB137776
09/28/2013$283,000Listed For SaleAgent Provided
10/16/2012$297,000ListingRemovedAgent Provided
05/03/2012$297,000PriceChange
Agent Provided
01/17/2012$299,000PriceChange
Agent Provided
08/27/2011$325,000PriceChange
Agent Provided
07/16/2011$348,000PriceChange
Agent Provided
05/11/2011$350,000Listed For SaleAgent Provided

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Property Tax and Assessment

Year2025
Tax
Assessment$650,000
Home facts updated by county records

Comparable Sales for 118 Park Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.05
Single-Family Home
$695,000
04/17/26
4
2.5
3,004
0.14
Single-Family Home
$334,000
06/05/26
4
2
1,534
0.54
Single-Family Home
$580,000
08/20/25
3
3.5
3,420
0.41
Single-Family Home
$511,000
08/18/25
4
2
1,880
0.34
Single-Family Home
$183,000
05/29/26
2
1
772
0.80
Single-Family Home
$400,000
11/25/25
4
2.5
1,852
0.63
Single-Family Home
$455,000
09/30/25
3
2
1,637

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 118 Park 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

Richard Patterson, Howard Hanna S Tier Inc, (607) 257-0800
Agent Phone: (607) 280-3070
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 2026-08-05 14:25:23 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.
118 Park Ln, Ithaca, NY 14850 is a 6 bedroom, 5 bathroom, 4,525 sqft single-family home built in 1985. 118 Park Ln is located in East Ithaca, Ithaca. This property is currently available for sale and was listed by NYSAMLSs on May 28, 2026. The MLS # for this home is MLS# R1668544.