# 7 Penny Lane, Ithaca, NY 14850 > **TL;DR:** 2bd/1ba condo, $259,000 ($225/sqft), built 1985, 1,152 sqft. > Fireplace, A/C, 1-car garage. Est. $1,756/mo. Listed 145 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $259,000 | | Price/sqft | $225 | | Bedrooms | 2 | | Bathrooms | 1 full | | Square Feet | 1,152 | | Year Built | 1985 | | Lot Size | 1,307 sqft (0.03 acres) | | Stories | 2 | | Garage | 1-car | | Property Type | Condo (Condominium) | | Status | Active | | Days on Market | 145 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,310 | | Estimated Insurance | $76 | | HOA | $370 | | **Total** | **$1,756** | ## Nearby Schools - **Elementary:** Belle Sherman - **Middle:** Dewitt Middle - **High:** Ithaca Senior High ## Key Amenities - Fireplace - A/C - 1-car garage ## Property Highlights - Built in 1985 - 0.03 acre lot - 2 stories - Fireplace ## Description ### Agent Description Welcome to easy, convenient living in this charming townhouse located in the highly desirable Commonland community of Ithaca. Unbeatable location and lifestyle. Nature at your doorstep: just steps away from access to scenic Six Mile Creek. Enjoy acres of surrounding nature, waterfalls, and pristine hiking trails right outside your neighborhood. Unbeatable proximity to Cornell University, Ithaca College, and downtown Ithaca. Move effortlessly around with quick access to NYS Route 79 and nearby TCAT bus line. Whether you are a professional looking for a short commute, a first time homebuyer, or someone wanting to downsize into a low maintenance property, 7 Penny Lane delivers an ideal Ithaca lifestyle. Featuring a Premium End Unit: Enjoy extra privacy, added natural light, and a quieter living experience. With a view of the woods right outside your new Anderson windows. Covered Parking: Keep your vehicle protected from the elements in your private carport. With Nature at Your Doorstep steps away from scenic acres of surrounding nature, waterfalls, and pristine hiking trails right outside your neighborhood. Located at the end of the complex, off the main road, Includes energy efficient, propane heating stove that is grandfathered in. Updated kitchen with granite countertops, and in unit laundry conveniently placed upstairs ## Location - **Address:** 7 Penny Lane, Ithaca, NY 14850 - **County:** Tompkins - **Coordinates:** 42.422001, -76.464031 - **Google Maps:** https://www.google.com/maps?q=42.422001,-76.464031 ## Listing Agent - **Name:** David Wahl · **License:** 10371201153 - **Brokerage:** Warren Real Estate - **Broker Phone:** (607) 257-0666 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/7-Penny-Ln_Ithaca_NY_14850_M33422-10129?f=listhub&s=BNARNY&m=R1688040&c=propsimple) ## Photos ![7 Penny Lane - Photo 1](http://lh.rdcpix.com/b1a770bf0862eb12afddfec6b549b771l-f3498902371r.jpg) ![7 Penny Lane - Photo 2](http://lh.rdcpix.com/b1a770bf0862eb12afddfec6b549b771l-f3940236997r.jpg) ![7 Penny Lane - Photo 3](http://lh.rdcpix.com/b1a770bf0862eb12afddfec6b549b771l-f495908090r.jpg) ![7 Penny Lane - Photo 4](http://lh.rdcpix.com/b1a770bf0862eb12afddfec6b549b771l-f4121098161r.jpg) ![7 Penny Lane - Photo 5](http://lh.rdcpix.com/b1a770bf0862eb12afddfec6b549b771l-f3309960336r.jpg) ![7 Penny Lane - Photo 6](http://lh.rdcpix.com/b1a770bf0862eb12afddfec6b549b771l-f3682705099r.jpg) ![7 Penny Lane - Photo 7](http://lh.rdcpix.com/b1a770bf0862eb12afddfec6b549b771l-f2683180154r.jpg) ![7 Penny Lane - Photo 8](http://lh.rdcpix.com/b1a770bf0862eb12afddfec6b549b771l-f208186760r.jpg) ![7 Penny Lane - Photo 9](http://lh.rdcpix.com/b1a770bf0862eb12afddfec6b549b771l-f3933102569r.jpg) ![7 Penny Lane - Photo 10](http://lh.rdcpix.com/b1a770bf0862eb12afddfec6b549b771l-f3008462727r.jpg) ![7 Penny Lane - Photo 11](http://lh.rdcpix.com/b1a770bf0862eb12afddfec6b549b771l-f3105421698r.jpg) ![7 Penny Lane - Photo 12](http://lh.rdcpix.com/b1a770bf0862eb12afddfec6b549b771l-f626371408r.jpg) ![7 Penny Lane - Photo 13](http://lh.rdcpix.com/b1a770bf0862eb12afddfec6b549b771l-f1508893906r.jpg) ![7 Penny Lane - Photo 14](http://lh.rdcpix.com/b1a770bf0862eb12afddfec6b549b771l-f2493090239r.jpg) ![7 Penny Lane - Photo 15](http://lh.rdcpix.com/b1a770bf0862eb12afddfec6b549b771l-f405495160r.jpg) ![7 Penny Lane - Photo 16](http://lh.rdcpix.com/b1a770bf0862eb12afddfec6b549b771l-f1881138465r.jpg) --- **MLS#:** R1688040 | **Updated:** 2026-10-25 **Source:** listhub *Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/7-penny-lane-ithaca-ny-14850-c13bfbb9548046e494f532e02052dda6) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/7-penny-lane-ithaca-ny-14850-c13bfbb9548046e494f532e02052dda6#listing", "url": "https://www.propertysimple.ai/listing/7-penny-lane-ithaca-ny-14850-c13bfbb9548046e494f532e02052dda6", "name": "7 Penny Lane, Ithaca, NY 14850", "description": "Welcome to easy, convenient living in this charming townhouse located in the highly desirable Commonland community of Ithaca. Unbeatable location and lifestyle. Nature at your doorstep: just steps away from access to scenic Six Mile Creek. 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