54 Bald Hill Rd, Spencer, NY 14883
What's special
Set against an open landscape with sweeping views, this fully renovated two-unit property offers flexibility, space, and income potential just minutes from Ithaca. Both apartments have been thoughtfully updated with renovated kitchens and baths and modern finishes. The larger Unit 1 features hardwood flooring throughout, while Unit 2 offers durable LVT flooring. Both units are currently vacant, offering an appealing opportunity for an owner-occupant, investor, or buyer looking to establish new rental terms. Unit 1 was most recently rented for $2,200 per month, including utilities, while Unit 2 was most recently rented for $1,800 per month, including utilities. Outside, an expansive wraparound deck takes full advantage of the property’s setting, with plenty of room for outdoor dining, entertaining, or simply enjoying the peaceful surroundings and wide-open views. A 2.5-car garage provides generous space for parking, storage, hobbies, or equipment. With two updated living spaces, strong rental history, and both units currently vacant, the property offers immediate flexibility for its next owner. Live in one unit and rent the other, establish new leases for both, or create a multigenerational living arrangement with separate spaces under one roof. Conveniently located within easy reach of Ithaca while offering the space and scenery of a more rural setting, 54 Bald Hill Road is a versatile property with options for both homeowners and investors.
- 27 days |
- 594 |
- 27 |
Originating MLS: Ithaca Board of RealtorsTravel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Warren Real Estate of Ithaca Inc. 607-257-0666,
Elizabeth Thompson 484-433-7996
Originating MLS: Ithaca Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Bedroom 1
- Level: First
Bedroom 2
- Level: First
Bedroom 3
- Level: First
Bedroom 4
- Level: Second
Bedroom 5
- Level: Second
Bedroom 6
- Level: Second
Basement
- Level: Basement
Dining room
- Level: First
Family room
- Level: First
Laundry
- Level: First
Living room
- Level: First
Heating
- Gas, Forced Air, Radiant Floor
Appliances
- Included: Dishwasher, Electric Cooktop, Exhaust Fan, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, Tankless Water Heater
Features
- Separate/Formal Living Room, Kitchen/Family Room Combo, Living/Dining Room, Walk-In Pantry, Bath in Primary Bedroom
- Flooring: Hardwood, Luxury Vinyl, Varies
- Basement: Partial
- Number of fireplaces: 1
Interior area
- Total structure area: 2,438
- Total interior livable area: 2,438 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2.5
- Parking features: Attached, Garage, Garage Door Opener
- Attached garage spaces: 2.5
Accessibility
- Accessibility features: No Stairs
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Deck, Gravel Driveway
Lot
- Size: 3 Acres
- Dimensions: 15 x 798
- Features: Irregular Lot, Residential Lot
Details
- Parcel number: 50220001000000010210180000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- Resale
- Year built: 2000
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected
Green energy
- Energy efficient items: Windows
Community & HOA
Location
- Region: Spencer
Financial & listing details
- Price per square foot: $164/sqft
- Tax assessed value: $375,000
- Annual tax amount: $5,616
- Date on market: 9/9/2026
- Cumulative days on market: 2 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2026 | Price change | $399,900-5.9%$164/sqft |
Source:  NYSAMLSs #R1712194 | ||
| 9/29/2026 | Price change | $425,000-5.6%$174/sqft |
Source: NYSAMLSs #R1712194 | ||
| 9/10/2026 | Listed for sale | $450,000-14.3%$185/sqft |
Source: NYSAMLSs #R1712194 | ||
| 7/30/2026 | Listing removed | -- |
Source: Owner | ||
| 4/28/2026 | Listed for sale | $525,000+510.5%$215/sqft |
Source: Owner | ||
| 3/21/2003 | Sold | $86,000$35/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $225,000 |
| 2024 | -- | $225,000 +7.7% |
| 2023 | -- | $209,000 +7.2% |
| 2022 | -- | $195,000 |
| 2021 | -- | $195,000 |
| 2020 | -- | $195,000 |
| 2019 | -- | $195,000 |
| 2018 | -- | $195,000 +62.5% |
| 2017 | $3,092 | $120,000 |
| 2016 | -- | $120,000 |
| 2015 | -- | $120,000 |
| 2014 | -- | $120,000 +26.3% |
| 2013 | -- | $95,000 |
| 2012 | -- | $95,000 |
| 2011 | -- | $95,000 |
| 2010 | -- | $95,000 |
| 2009 | -- | $95,000 |
| 2008 | -- | $95,000 +5.6% |
| 2007 | -- | $90,000 |
| 2006 | -- | $90,000 |
| 2005 | -- | $90,000 +4.7% |
| 2004 | -- | $86,000 +10.3% |
| 2003 | -- | $78,000 +4% |
| 2002 | -- | $75,000 |
Find assessor info on the county website
Monthly payment
Estimated market value
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Estimated sales range
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Climate risks
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