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About This Home

This 2-bedroom, 1-bathroom condo at 7 Penny Lane in Ithaca, NY is listed for $269,900 ($234 per sqft). Built in 1985, the home offers 1,152 sqft of living space on a 0.03 acres lot.

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.

Key Features

  • Built in 1985
  • 0.03 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
1 full
1985

Amenities

FireplaceA/C

Monthly Cost Estimate

$1,813/mo

20% down · 6.5% · 30 years

Principal$195
Interest$1,170
Insurance$79
HOA$370

Estimates only. Actual payments may vary.

Location

7 Penny Lane

Ithaca, NY 14850

Features & Amenities

Interior Features

BreakfastBarCeilingFansGraniteCountersKitchenFamilyRoomComboLivingDiningRoomPantryNaturalWoodworkAirFiltration

Exterior Features

PatioPropaneTankLeased

Property Details

Flooring

VariesCarpetLaminate

Construction

WoodSiding

Pool Features

Patio

Parking

AssignedCarport

Heating

Electric (Heating)Propane (Heating)BaseboardZoned

Cooling

Wall Unit(s)Zoned

Appliances

DryerElectricCooktopExhaustFanElectricOvenElectricRangeElectricWaterHeaterMicrowaveRangeHoodWasher

Questions & Answers

This 2-bedroom, 1-bathroom condo at 7 Penny Lane is listed at $269,900 ($234/sqft). The estimated monthly payment is $1,540 based on 20% down at 6.5% interest.

HOA fees are $370/month.

Key features include: Built in 1985, 0.03 acre lot, 2 stories, Fireplace. Interior Features: BreakfastBar, CeilingFans, GraniteCounters. Exterior Features: Patio, PropaneTankLeased.

This property is listed by David Wahl and can be reached at 6072273132 or davewahlny@gmail.com.

DW

David Wahl

Agent at Warren Real Estate of Ithaca Inc. (Downtown)

(607) 227-3132

Listed by Warren Real Estate of Ithaca Inc. (Downtown) · View on Broker Site

MLS# R1688040· Source: listhub· Updated 1 days ago

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.

7 Penny Lane, Ithaca, NY 14850

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