88 Penny Ln
Ithaca, NY 14850
East Ithaca- 1 Bed
- 1 Bath
- 1,050 sqft
$295,000
Last Sold: Mar 17, 2026
5% below list $310K
$281/sqft
Est. Refi. Payment $2,012/mo*
$295,000
Last Sold: Mar 17, 2026
5% below list $310K
$281/sqft
Est. Refi. Payment $2,012/mo*
1 Bed
1 Bath
1,050 sqft
Local Information
© Google
-- mins to
Description
A beautifully updated, low-maintenance townhome designed to make everyday living effortless. Unit 88 is perfectly positioned with direct access to Six Mile Creek, as well as offering miles of connected trails right outside your door. Enjoy a peaceful, nature-filled lifestyle while remaining close to everything Ithaca has to offer.
Step inside to a fully renovated first floor featuring new appliances, new flooring, new lighting, and efficient mini-splits for year-round comfort. The main level is further enhanced with new granite countertops and updated fixtures. Upstairs, you’ll find soft padded stairs, fresh carpeting, a spacious bedroom with a walk-in closet, and a versatile loft area ideal for an office, reading nook, yoga/meditation space, or hobby room.
Outdoor living is a highlight, with east- and west-facing decks perfect for enjoying both sunrises and sunsets. A dedicated carport adds everyday convenience and protection from the elements and is available for a fee.
The location is exceptional: just 5 minutes to Cornell via Pine Tree Road, 10 minutes to Downtown Ithaca, and TCAT bus service is available right at the entrance off Route 79, making commuting simple and reliable.
Step inside to a fully renovated first floor featuring new appliances, new flooring, new lighting, and efficient mini-splits for year-round comfort. The main level is further enhanced with new granite countertops and updated fixtures. Upstairs, you’ll find soft padded stairs, fresh carpeting, a spacious bedroom with a walk-in closet, and a versatile loft area ideal for an office, reading nook, yoga/meditation space, or hobby room.
Outdoor living is a highlight, with east- and west-facing decks perfect for enjoying both sunrises and sunsets. A dedicated carport adds everyday convenience and protection from the elements and is available for a fee.
The location is exceptional: just 5 minutes to Cornell via Pine Tree Road, 10 minutes to Downtown Ithaca, and TCAT bus service is available right at the entrance off Route 79, making commuting simple and reliable.
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 April 16, 2026
Home Highlights
Parking
Garage
Outdoor
Porch, Deck
A/C
Heating & Cooling
HOA
$370/Monthly
Price/Sqft
$281/sqft
Listed
180+ days ago
Home Details for 88 Penny Ln
|
|---|
MLS Status: Closed |
|
|---|
Interior Details Basement: NoneNumber of Rooms: 5Types of Rooms: Bedroom 1, Dining Room, Kitchen, Living Room, Other |
Beds & Baths Number of Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 1050 Square Feet |
Appliances & Utilities Utilities: High Speed Internet Available, Sewer Connected, Water ConnectedAppliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Freezer, Disposal, Microwave, Refrigerator, WasherDishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Ductless,Electric,BaseboardHas CoolingAir Conditioning: DuctlessHas HeatingHeating Fuel: Ductless |
Fireplace & Spa No Fireplace |
Windows, Doors, Floors & Walls Flooring: Carpet, Ceramic Tile, Hardwood, Tile, Varies |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoFloors: Carpet, Ceramic Tile, Hardwood, Tile, Varies |
|
|---|
Exterior Home Features Roof: AsphaltPatio / Porch: Covered, Deck, Open, PorchExterior: Blacktop Driveway, DeckFoundation: Pillar/Post/Pier |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1Has a CarportHas a GarageParking Spaces: 1Parking: Carport |
Frontage Road Frontage: City StreetNot on Waterfront |
Water & Sewer Sewer: Connected |
|
|---|
Cumulative Days on Market: 75 |
|
|---|
Year Built Year Built: 1986 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Two Story |
Building Construction Materials: Wood Siding |
Property Information Condition: ResaleParcel Number: 50308905800100010880000000 |
|
|---|
Price List Price: $310,000Price Per Sqft: $281/sqft |
Status Change & Dates Off Market Date: Tue Jan 27 2026Possession Timing: Close Of Escrow |
|
|---|
|
|---|
Direction & Address City: Ithaca Town |
School Information Elementary School: Belle ShermanElementary School District: IthacaJr High / Middle School District: IthacaHigh School District: Ithaca |
|
|---|
Building Area Building Area: 1050 Square Feet |
|
|---|
Not Senior Community |
|
|---|
Association for this Listing: Ithaca Board of RealtorsHOA Fee: $370/Monthly |
|
|---|
Lot Area: 1742.4 sqft |
|
|---|
Special Conditions: Standard |
|
|---|
Listing Terms: Cash, Conventional, FHA, VA Loan |
|
|---|
Mls Number: R1649204Living Area Range Units: Square FeetAttribution Contact: 607-227-5323Universal Property Id: US-36109-N-50308905800100010880000000-R-N |
Last check for updates: about 2 hours ago
Listed by Melissa B Shames, (607) 227-5323
Howard Hanna S Tier Inc
Bought with: Trisha Shore, (607) 592-7283, Howard Hanna S Tier Inc
Originating MLS: Ithaca Board of Realtors
Source: NYSAMLSs, MLS#R1649204

Price History for 88 Penny Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 03/17/2026 | $295,000 | Sold | NYSAMLSs #R1649204 |
| 02/11/2026 | $310,000 | Pending | NYSAMLSs #R1649204 |
| 01/28/2026 | $310,000 | Contingent | NYSAMLSs #R1649204 |
| 11/13/2025 | $310,000 | Listed For Sale | NYSAMLSs #R1649204 |
| 01/21/2022 | $214,000 | Sold | NYSAMLSs #IB405621 |
| 12/28/2021 | $225,000 | Pending | ITMLS #405621 |
| 12/13/2021 | $225,000 | Contingent | ITMLS #405621 |
| 11/01/2021 | $225,000 | Listed For Sale | ITMLS #405621 |
| 05/01/2014 | $140,000 | Sold | NYSAMLSs #IB140157 |
| 02/15/2014 | $148,000 | Pending | Agent Provided |
| 02/15/2014 | $148,000 | Listed For Sale | Agent Provided |
| 06/17/2003 | $87,500 | Sold | N/A |
| 08/17/1994 | $62,125 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | |
| Assessment | $225,000 |
Home facts updated by county records
Comparable Sales for 88 Penny Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.16 | Single-Family Home | $338,000 | 10/08/25 | 2 | 2 | 1,536 | |
0.24 | Single-Family Home | $430,000 | 06/04/25 | 3 | 2 | 1,482 | |
0.22 | Single-Family Home | $395,000 | 09/18/25 | 3 | 2.5 | 1,940 | |
0.24 | Single-Family Home | $400,000 | 11/25/25 | 4 | 2.5 | 1,852 | |
0.38 | Single-Family Home | $455,000 | 09/30/25 | 3 | 2 | 1,637 | |
0.33 | Single-Family Home | $511,000 | 08/18/25 | 4 | 2 | 1,880 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 88 Penny Ln.
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
LGBTQ Local Legal Protections
Apartments for Rent
Explore by feature
Homes for sale near 88 Penny Ln
Off Market Homes Near 88 Penny Ln

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 2026-06-01 13:40:29 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.
Homes for rent near 88 Penny Ln
88 Penny Ln, Ithaca, NY 14850 is a 1 bedroom, 1 bathroom, 1,050 sqft single-family home built in 1986. 88 Penny Ln is located in East Ithaca, Ithaca. This property is not currently available for sale. 88 Penny Ln was last sold on Mar 17, 2026 for $295,000 (5% lower than the asking price of $310,000). The current Trulia Estimate for 88 Penny Ln is $294,000.