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  • $625,000

    40 Forest Acres Dr, Ithaca, NY 14850

    5beds
    2,750sqft
    Single Family Residence
    Built in 1985
    1.25 Acres Lot
    $659,100 Zestimate®
    $227/sqft
    $4,133 Estimated rent

    Home value

    $659,100

    $573,000 - $765,000

    $4,133/mo

    Zestimate® history
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    What's special

    Discover this exquisite 2-story Colonial home, a true gem in the coveted Forest Acres of Lansing, NY. This property promises tranquility and comfort, perfect for those seeking a refined lifestyle. The heart of the home features a classic design, with well-maintained interiors that blend timeless elegance with modern amenities. The central AC ensures year-round comfort, keeping you cool during warm summer months. The attached 2-car garage provides convenience and security, while an additional separate 3-bay garage offers versatile space for storage or hobbies. Situated on over an acre of land, the well-manicured grounds enhance the property’s charm, creating an inviting atmosphere for both indoor and outdoor living. Private in-law suite. This Colonial masterpiece is ready to welcome its next discerning owner. Open House Sunday 7/14 12:00 - 1:30

    Zillow last checked:

    Listing updated:

    Listed by:

    Jolene Rightmyer-Macolini 607-428-0708,

    Berkshire Hathaway HomeServices Heritage Realty

    Bought with:

    Karen Hollands, 10401308223

    Howard Hanna S Tier Inc

    Source: NYSAMLSs,MLS#: R1550649MLS LogoOriginating MLS: Ithaca Board of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Bedroom 1
    • Level: Second
    • Dimensions: 20.00 x 15.00
    Bedroom 2
    • Level: Second
    • Dimensions: 14.00 x 12.00
    Bedroom 3
    • Level: Second
    • Dimensions: 10.00 x 12.00
    Bedroom 4
    • Level: Second
    • Dimensions: 14.00 x 10.00
    Bedroom 5
    • Level: Second
    • Dimensions: 10.00 x 10.00
    Dining room
    • Level: First
    • Dimensions: 23.00 x 12.00
    Family room
    • Level: First
    • Dimensions: 14.00 x 13.00
    Kitchen
    • Level: First
    • Dimensions: 23.00 x 12.00
    Living room
    • Level: First
    • Dimensions: 15.00 x 18.00
    Heating
    • Gas, Baseboard, Electric, Hot Water
    Cooling
    • Attic Fan, Central Air
    Appliances
    • Included: Built-In Refrigerator, Double Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Trash Compactor, Tankless Water Heater
    Features
    • Wet Bar, Breakfast Bar, Ceiling Fan(s), Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Separate/Formal Living Room, Guest Accommodations, Home Office, Pantry, Solid Surface Counters, Bar, Window Treatments, In-Law Floorplan, Programmable Thermostat
    • Flooring: Carpet, Ceramic Tile, Varies
    • Windows: Drapes
    • Basement: Full
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 2,750
    • Total interior livable area: 2,750 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Attached, Electricity, Garage, Storage, Garage Door Opener
    • Attached garage spaces: 5
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Open, Porch
    • Exterior features: Blacktop Driveway, Deck, Private Yard, See Remarks
    Lot
    • Size: 1.25 Acres
    • Dimensions: 401 x 221
    • Features: Corner Lot, Residential Lot, Wooded
    Details
    • Additional structures: Second Garage
    • Parcel number: 50328904100000010110060000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial,Two Story
    • Property subtype: Single Family Residence
    Materials
    • Frame, Wood Siding
    • Foundation: Block
    • Roof: Asphalt
    Condition
    • Resale
    • Year built: 1985

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Septic Tank
    • Water: Connected, Public
    • Utilities for property: Cable Available, High Speed Internet Available, Water Connected

    Community & HOA

    Community
    • Subdivision: Town/Lansing
    Location
    • Region: Ithaca

    Financial & listing details

    • Price per square foot: $227/sqft
    • Tax assessed value: $610,000
    • Annual tax amount: $16,710
    • Date on market: 7/12/2024
    • Cumulative days on market: 106 days
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    12/11/2024Sold$625,000-4.6%$227/sqft
    Source: NYSAMLSs #R1550649 Report a problem
    11/14/2024Pending sale$655,000$238/sqft
    Source: ITMLS #R1550649 Report a problem
    10/28/2024Contingent$655,000$238/sqft
    Source: ITMLS #R1550649 Report a problem
    8/21/2024Price change$655,000-5.8%$238/sqft
    Source: ITMLS #R1550649 Report a problem
    7/12/2024Listed for sale$695,000+148.2%$253/sqft
    Source: ITMLS #R1550649 Report a problem
    8/5/1998Sold$280,000$102/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $610,000
    2024-- $610,000 +20.1%
    2023-- $508,000 +10%
    2022-- $462,000 +5%
    2021-- $440,000
    2020-- $440,000
    2019-- $440,000
    2018-- $440,000
    2017$12,355 $440,000
    2016-- $440,000 +10%
    2015-- $400,000
    2014-- $400,000
    2013-- $400,000
    2012-- $400,000
    2011-- $400,000
    2010-- $400,000
    2009-- $400,000
    2008-- $400,000 +9.6%
    2007-- $365,000
    2006-- $365,000
    2005-- $365,000
    2004-- $365,000 +12.3%
    2003-- $325,000
    2002-- $325,000 +16.1%
    2001-- $280,000
    2000-- $280,000
    Find assessor info on the county website

    Neighborhood: 14850

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Raymond C Buckley Elementary
    • District: Lansing

    Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.