Rare 18.5-Acre Opportunity in the City of Ithaca located near the Cayuga Waterfront Trail and Downtown, this expansive property offers privacy and stunning views of the Ithaca College Towers. The land consists of six tax parcels, featuring a mix of wooded areas, wide open spaces, and scenic creeks. The woods surrounding the structures provide privacy, while the large open areas are perfect for outdoor activities.
The property includes 442 Floral Ave, a quaint 3-bedroom, 2-bath home, with a newly updated 1-bedroom apartment featuring a new kitchen and bathroom. The property is on all municipal services, with 50 feet of road frontage on Floral Ave. 438 Floral Ave contains two dwelling units—a spacious 2-bedroom apartment and a studio apartment with municipal water, natural gas, and septic, plus a storage shed. 438A & 438B Floral Ave feature brand-new kitchens, freshly painted interiors, and new luxury vinyl plank flooring. A 50-foot deeded right-of-way along the northwest side of Towerview Apartments provides a shared driveway for 438 and 442 Floral Ave. Additionally, there are two unopened portions of road frontage each 60 feet wide, offering future access potential. This unique offering presents incredible potential for development, investment, or a private retreat, and buyers are encouraged to explore parcel consolidation and potential future access to city streets.
Closed
$575,000
438 & 442 Floral Ave, Ithaca, NY 14850
7beds
3,335sqft
Quadruplex, Multi Family
Built in 1935
-- sqft lot
$579,100 Zestimate®
$172/sqft
$2,053 Estimated rent
Home value
$579,100
$486,000 - $689,000
$2,053/mo
Zestimate® history
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Studio apartmentBrand-new kitchensFreshly painted interiorsExpansive property
Zillow last checked:
Listing updated:
Listed by:
Lindsay Lustick Garner 607-227-7456,
Linz Real Estate
Bought with:
Ivan Sagel, 10401396029
Warren Real Estate of Ithaca Inc.
Source: NYSAMLSs,MLS#: R1536305
Originating MLS: Ithaca Board of Realtors
Originating MLS: Ithaca Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Gas, Other, See Remarks, Forced Air, Hot Water
Cooling
- Other, See Remarks, Central Air
Appliances
- Included: Gas Water Heater
Features
- Ceiling Fan(s), Storage
- Flooring: Carpet, Hardwood, Other, See Remarks, Varies, Vinyl
- Windows: Storm Window(s), Wood Frames
- Basement: Crawl Space,Full,Walk-Out Access,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 3,335
- Total interior livable area: 3,335 sqft
Property
Parking
- Parking features: Gravel, Other, Parking Available, See Remarks
Features
- Levels: Two
- Stories: 2
- Exterior features: Private Yard, See Remarks
- Has view: Yes
- View description: Slope View
Lot
- Size: 18.5 Acres
- Dimensions: 50 x 1062
- Features: Irregular Lot, Near Public Transit, Wooded
Details
- Parcel number: 98.1(1&4&5) &, 99.1(5&2&1)
- Special conditions: Estate
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other,See Remarks,Fourplex
- Property subtype: Quadruplex, Multi Family
Materials
- Shake Siding, Wood Siding, Copper Plumbing, PEX Plumbing
- Foundation: Block, Stone
- Roof: Metal
Condition
- Resale,Fixer
- Year built: 1935
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected, Septic Tank
- Water: Connected, Public
- Utilities for property: High Speed Internet Available, Sewer Connected, Water Connected
Community & HOA
Location
- Region: Ithaca
Financial & listing details
- Price per square foot: $172/sqft
- Tax assessed value: $669,000
- Annual tax amount: $21,104
- Date on market: 5/13/2024
- Cumulative days on market: 495 days
- Listing terms: Cash,Conventional,Private Financing Available
Price history
| Date | Event | Price |
|---|---|---|
| 1/6/2026 | Sold | $575,000-3.4%$172/sqft |
Source:  NYSAMLSs #R1536305 Report a problem | ||
| 10/3/2025 | Pending sale | $595,000$178/sqft |
Source: NYSAMLSs #R1538505 Report a problem | ||
| 9/20/2025 | Contingent | $595,000$178/sqft |
Source: NYSAMLSs #R1538505 Report a problem | ||
| 7/24/2024 | Price change | $595,000-7.8%$178/sqft |
Source:  ITMLS #R1538505 Report a problem | ||
| 5/13/2024 | Listed for sale | $645,000$193/sqft |
Source: ITMLS #R1536305 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 14850
Nearby homes
- $1,000-- bd-- ba-- sqft436 Floral Ave, Ithaca, NY 14850Off Market
- $1,000-- bd-- ba-- sqft434 Floral Ave, Ithaca, NY 14850Off Market
- $1,000-- bd-- ba-- sqft432 Floral Ave, Ithaca, NY 14850Off Market
- $352,0004 bd3 ba1.9k sqft442 Floral Ave, Ithaca, NY 14850Off Market
- $1,000-- bd-- ba-- sqft430 Floral Ave, Ithaca, NY 14850Off Market
- $115,1002 bd1 ba698 sqft438-40 Floral Ave, Ithaca, NY 14850Off Market
- $366,1002 bd1 ba1.2k sqft438 Floral Ave, Ithaca, NY 14850Off Market
- $171,100-- bd1 ba400 sqft438 Floral Ave #B, Ithaca, NY 14850Off Market
Nearby schools
GreatSchools rating
- 3/10Beverly J Martin Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 8/10Boynton Middle SchoolGrades: 6-8Distance: 2.3 mi
- 9/10Ithaca Senior High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Cayuga Heights Elementary
- Middle: Boynton Middle
- High: Ithaca Senior High
- District: Ithaca
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Tompkins County
- Ithaca
- 14850
- 438 & 442 Floral Ave
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