benny.estate
For SaleMLS # R171219445 days on market

54 Bald Hill Road

Spencer, NY 14883 · Tompkins County

Price

$399,900

Bed / Bath

6 bd · 3 ba

Interior

2,438 sqft

Lot

3.00 ac

Built

2000

Garage

2.5-car

↓ Reduced from $425,000

About this home

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.

Interior features

  • Separate Formal Living Room
  • Kitchen Family Room Combo
  • Living Dining Room
  • Walk In Pantry
  • Bath In Primary Bedroom

Exterior features

  • Deck
  • Gravel Driveway

Appliances

  • Dishwasher
  • Electric Cooktop
  • Exhaust Fan
  • Electric Oven
  • Electric Range
  • Gas Water Heater
  • Microwave
  • Refrigerator
  • Range Hood
  • Tankless Water Heater

Mechanical

Heating

Gas, Forced Air, Radiant Floor

Schools

District

Ithaca

Elementary

South Hill

Middle

Boynton Middle

High School

Ithaca Senior High

Tax & finance

Annual taxes

$5,616

Financing

Cash · Conventional · FHA · UsdaLoan · VaLoan

Location

Spencer, NY 14883 · Tompkins County

MLS Attribution

Listing courtesy of Warren Real Estate of Ithaca Inc.. Listing agent: Elizabeth Thompson. Data last updated 10/24/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.